Add this Page to Facebook!   Submit to Twitter   Submit to Reddit   Submit to Stumble Upon   Pin It!   Fark It!   Tell A Friend  
Printer Friendly Page Save As Favorite Save As Favorite Get Embed HTML Code View Article Stats
4 comments

Must Read 1   Interesting 1   Valuable 1  
View Ratings | Rate It

Perry's Handling of Our Tax Dollars Raises Questions

By (about the author)     Permalink       (Page 1 of 1 pages)
OpEdNews Op Eds

Become a Fan
  (6 fans)


opednews.com

Perry's Handling of Our Tax Dollars Raises Questions

On August 24, 2011 the New York Times reported that "There are nearly 600 boards, commissions, authorities and departments in Texas, many of which are of little use to the public and should have long been shut down or consolidated."   So why do they still exist?   It seems that Governor Perry has figured out how to use them to his political benefit.

"Since 2001, more than a fifth of the $83 million that Mr. Perry has raised for his gubernatorial campaigns has come from people he appointed to state boards and commissions, according to a study by Texans for Public Justice , a watchdog group."   (New York Times August 24,2011)

With Governor Perry announcing his candidacy for President one has to ask two questions. One, why would someone who proclaims to hate the federal government (and even threatened secession for Texas) want to run it? And, two, can you trust someone with this kind of track record for lining the pockets of his political contributors with the billions that could be available from federal government contracts and appointments.

Sure, every politician that wins an election grants favors and offers gifts to those who got him there, those gifts often taking the form of appointments.   But, Perry seems to have crafted it into an art form.

"An analysis by The New York Times found that more than a quarter of the companies that have received grants from the Texas Enterprise Fund in the last year, or their executives, had made contributions to Mr. Perry's campaigns dating back to 2001"" (New York Times)

Likewise, the Texas Emerging Technology Fund is under Perry's control.   "His office makes the decision on which companies should receive the money, according to The Dallas Morning News , which found that more than $16 million had gone to campaign donors. Though he gets recommendations from an advisory committee he appoints, they are not binding. The committee operates in secret, and some of its members are also Perry contributors. "   Furthermore, ""He averaged $118,000 in donations from each of his appointments to the Parks and Wildlife Commission."

The governor has long maintained that the funds given to corporations create jobs.   The reviews on that are mixed as it can be difficult at best to determine whether or not a job has been created as a result of seed money receive from the state.   One thing is for sure, Perry loves to use what his adversaries would call "corporate welfare" to return favors and ensure future favors and loyalty from the rich and powerful.

When his presidential campaign started talking up the "Texas Miracle", many in Texas responded with a collective "huh?"   With the state treasury showing a $20 billion deficit and Texas consistently ranking near the bottom in health and education many Texas residents are wondering if that's the kind of miracle they want to see spread across the rest of the nation under a potential Perry presidency.   One can only assume that the campaign is referring to the relatively good jobs picture in Texas compared to the rest of the nation, but that's not how it is presented.   Detractors point to the currently healthy energy industry as the main reason for the relatively healthy economy in Texas.

With Perry quickly becoming the front-runner in the quest to become the Republican Party's nominee for president one has to wonder if his handling of the tax payer's money and the Texas treasury as if it's his own personal slush fund has been ethical or even legal.   We have a little over one year to figure this out.

 

A graduate of the State University of New York at Buffalo with an MBA in 1980, John went into the banking business from 1981-1991. John went into the gymnastics business with his wife, with whom he has two children, in 1992 and grew it enough by (more...)
 
Add this Page to Facebook!   Submit to Twitter   Submit to Reddit   Submit to Stumble Upon   Pin It!   Fark It!   Tell A Friend
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact Author Contact Editor View Authors' Articles

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
4 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

Perry another Bush by John Basel on Friday, Sep 2, 2011 at 9:17:30 AM
Another Texas blowhard? by Michael Germain on Friday, Sep 2, 2011 at 9:18:40 AM
Perry raises questions by Ed Martin on Friday, Sep 2, 2011 at 12:00:18 PM
Perry has never lost an election by John Basel on Friday, Sep 2, 2011 at 2:04:41 PM