HOPING HYPOTHETICALS STAY THAT WAY. Recent developments in
the stock market have rendered even more unsettling a report this past September
from S&P Global Ratings, which placed Massachusetts at “elevated risk” of
financial distress during a hypothetical recession. Under S&P’s “moderate” recession
scenario, Massachusetts could expect to experience a 10 percent revenue
shortfall and the state’s Stabilization (a.k.a. Rainy Day) Fund could make up
for only 62 percent of it. S&P said
only 20 states are well-positioned to weather the next recession, and
Massachusetts isn’t one of them.
GOVERNMENT SHOULDER-SHRUGGING. If you want to lose your holiday glow really
fast, read the Eagle Tribune story of how a couple of commercial buildings apparently
dumped thousands of gallons of raw sewage into the Merrimack River for as long
as a decade, [“Lawrence buildings disconnected from sewers for years dumped
waste into Merrimack River,” 12-2-18]. If
you neglect to repair a failure of your car’s emissions control system, you can
have your registration suspended, but some people can avoid sanction while
allegedly grossly polluting a drinking water source for years. Years.
Here’s the link:GOLDEN AGE OF REALTORS. The Warren Group, publisher of Banker & Tradesman, reported today that the median sale price for a single-family home in Massachusetts reached an all-time high last month, for a November, of $385,000, up from $368,000 a year earlier. I like owning a home I could never afford to purchase today until I consider all the young couples out there with $3,000-a-month mortgages, brutally long commutes, and 50-hour-a-week-plus work weeks.
WHO’S LOSING WHAT? Steve Aylward of Watertown, one of
70-plus members of the Republican State Committee, sent a lengthy email to his
colleagues yesterday asking them to face the “bitter truth” that the
Massachusetts Republican Party “is all but irrelevant.” It’s a long message. Towards the end, Aylward, a Boston College
grad who describes himself as a manager in the banking and information systems
industries, gets to what really seems to be eating at him. “I could go on about
our failings, why we lose and how our leadership maintains control in spite of
those habitual losses,” he writes. “But while we fiddle, the country burns. Because if you watch the News with any
regularity, you know that we are losing our country. There will be little left of the country we
knew when our children and grand-children come of age.”
SOME PERSONS CAN DO AN AWFUL LOT IN 17 YEARS. In January, 2002, Katherine Clark became a
member of the Melrose School Committee, the first elective office she ever
held. In January, 2019, shortly after
she takes the oath of office for the third time as the representative for the 5th
Massachusetts District, Clark, 55, will assume the position of Democratic
caucus vice chair, the sixth highest ranking position in the U.S. House of Representatives. Clark was elected vice chair by her Democrat
peers.
LOVES TRUMP, AND DeLEO!
Geoff Diehl, Republican rep from Whitman who went all-in for Donald
Trump in 2016 and ever since, gave his farewell speech on the floor of the
Massachusetts House on Tuesday, Dec. 4, recalling how he happened to get a seat
next to House Speaker Robert DeLeo, D-Winthrop, at an event DeLeo hosted
in 2010 for Republican members of the body.
It was “one of the greatest evenings of my life,” said Diehl, who gave
up his House seat to challenge U.S. Senator Elizabeth Warren and is reported to
be angling/interviewing for a federal job appointment. He added, “I will never forget how welcome
Bob made me feel and how gracious he has been to members on both sides of the
aisle during my time in this chamber.” As far as his personality and demeanor go,
Diehl is the antithesis of Trump. Never
have I understood how he fell for The Donald.
DO I HEAR AN AMEN? The Rev. Rick Walsh, Catholic
chaplain of the Massachusetts House of Representatives, is known for his
thoughtful, history-based prayers with which he opens the sessions of the lower
branch. Take what he said on Thursday,
Oct. 4, for example: “God of justice and righteousness, we pray for the efforts
of legislators and staff in crafting laws for Massachusetts as we remember that
it was on this day in 1636 when leaders of the Plymouth Colony wrote the first
code of laws in America. They were known
as the General Fundamentals. The legal
code included a simple bill of rights that guaranteed trial by jury. The General Court of Plymouth Colony (the
first legislature) levied taxes, decreed the distribution of land, and set out
punishments for certain crimes. Several
crimes carried the death penalty, including witchcraft and adultery. The use of profanity was to be punished by no
more than three hours in the stock, and if one travelled, worked or
participated in sports on the sabbath, the person would be fined 40 shillings
or (given) a whipping. God of truth, we
are grateful for the wisdom of today’s General Court and the greater leniency
and morality exhibited in its legislation.
May God continue to bless our Commonwealth.”
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