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Archive | March, 2010

PERA: Rolling in dough, or rolling the dice?

30. March 2010

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In a recent Wall Street Journal op-ed, Andrew Biggs of the American Enterprise Institute neatly summarized the problems inherent in public employee pension plans such as our own PERA. The article (http://www.aei.org/article/101814) pointed out that the actuarial assumptions embedded in the projected funded ratios of these multi-billion dollar structures, which are meant to have sufficient assets to […]

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Geezers stump for strong mayor

26. March 2010

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The campaign to change the form of government in Colorado Springs has begun in earnest. “Citizens for Accountable Leadership”, the brainchild of Colorado Springs developer David Jenkins, sent out a press release yesterday announcing that Chuck Murphy, Andy McElhany, and Mary Ellen McNally would chair the group, which so far has seven announced supporters. Norwood […]

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Why Culbreth-Graft quit

22. March 2010

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Winston Churchill once said “I have not become the King’s First Minister in order to preside over the liquidation of the British Empire.” In that context, Penny Culbreth-Graft’s sudden resignation becomes more understandable. She had not, as some claim, lost the confidence of city council. She was not under siege. She doesn’t, as far as […]

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An alpha dog for the city?

19. March 2010

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On February 10, our 15 year-old Chesapeake Bay retriever, Bucky, left this mortal plane. I was heartbroken. Bucky had been with me since he was a puppy. He was constant, loving, irascible and untrainable. Our friends learned to put up with Bucky, the quintessential Alpha dog. Somehow, he never quite understood that I was the […]

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Good news, bad news from the caucuses

17. March 2010

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Last night’s caucuses held a few surprises, to the delight of some. Good news for Republicans: it looks as if Scott McInnis made at least two good decisions, as his race for the Governor’s mansion gathers steam. After shelling out $467 to an “image consultant,” he shaved his 1980′s mustache and changed his hair color […]

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Culbreth-Graft and the Wall Street Journal

15. March 2010

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This afternoon at 3 p.m. city council will meet for a closed-door personnel session to evaluate the performance of city manager Penny Culbreth-Graft. There’s nothing extraordinary about the session. It’s one of series of such meetings, held annually to assess the performance of the five council appointees: the city manager, the city attorney, the city […]

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The city needs a weak leader

10. March 2010

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Ours is a predictable city. Those of us who have spent a couple of decades (or more) at the foot of Pikes Peak know that: It snows in April. The hail will get your tomatoes in July. Douglas Bruce will submit lunatic initiatives during every election, and some will pass. Residents of the city core […]

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Meet our city’s new mayor

8. March 2010

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Judging from recent election results, a majority of Colorado Springs voters will support any reasonable measure to cure the city’s ills, as long as the measure doesn’t involve the dreaded “T” word. That may be why a proposal to change the city’s form of government to the so-called “strong mayor” system has gotten so much […]

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Who will buy the Gazette?

4. March 2010

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The Gazette’s parent, Freedom Communications, is expected to exit from bankruptcy within six weeks. Under the company’s plan for reorganization, secured creditors led by JPMorgan Chase & Co. will own all of the company’s equity. That won’t last. The banks must, by law, divest themselves of their interests in the company within five years. In […]

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Marijuana, mercantilism and my cornfield

1. March 2010

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Sen. Chris Romer (D-Denver) is not the first politician to see the, um, revenue potential in the de facto legalization of marijuana, but he’s grabbed the issue with all the enthusiasm of the newly-converted. As the Denver Post reported Thursday: “Sen. Chris Romer, D-Denver, said he intends to amend a bill that creates regulations for […]

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