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Nutty Professor Says Run City Finances Like the State
Downloadable for a limited time at our Scribd cribPosted: Tuesday, May 12, 2009; 6:15 p.m.Copyright © 2009
All rights reserved. byLex Publius, City Editor, Columnist, Webmaster, JKLM.us
Executive Summ
 
ary / Commentary:Links to interesting material at the end of this story.1.Dr. Merl M. Hackbart
recommended to theCouncil Planning Committee at Tuesday’s work session that the Council should run city finances theway the state runs its finances.2.The last I heard, the state’s bankruptcy deficit was$456 million and growing with decreasing revenue.And the governor is spending money and passingout Obama bucks like he was gonna run for asecond term soon.3.I am unanimous that we do not want to run cityfinances like the state does.4.The nutty professor wants the city to acquire theright to move surplus earmarked tax revenue intothe general fund even though the Mayor himself acknowledged that it is
according to thecity’s Law Dept.5.That practice is what tanked the social security fundat the federal level; and, ruined the chances of theKentucky Lottery money being dedicated toeducation at the state level.
This story continues on the next page.
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 Nutty Professor Says Run City Finances Like the State, Commentary in News Report, Continued:
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Nutty Professor andMayor Scheme to SkimTax Surplus intoGeneral Fund
  Not only is the city in the red by $18 million, but Mayor NewBerry cannot account for thefunds that the city’s officers testified under oath are in reserve for the Lyric Theatre whichis projected to cost $6 million.
Why doesn’t Democrat, Crit Luallen, investigate Democrat Jim Newberry’sadministration for the misappropriation of the Lyric money?
Surely party politics isnot involved.Hackbart is Professor of Finance and Public Administration, Gatton College of Businessand Economics, at the University of Kentucky.The nutty professor wants the city to acquire the right to move surplus earmarked taxrevenue into the general fund even though the Mayor himself acknowledged that it is
according to the city’s Law Dept.That practice is what tanked the social security fund at the federal level; and, ruined thechances of the Kentucky Lottery money being dedicated to education at the state level.I believe the city is already chiting money on a fraudulent ledger from one fund to another to make the books appear balanced.Hackbart said that in 1981 the doctrine of the “notwithstanding clause” was born —a judge’s legislation from the bench. And Mayor  Newberry, who preached ethics, is readyto adopt this hack’s recommendation.A judge said that notwithstanding any law preventing misappropriation of funds from adedicated revenue stream, the state’s budget is a “superior bill” and can authorizeotherwise unlawful revenue manipulations (i.e., revenue chiting schemes that violateracketeering laws no doubt).According to our federal Constitution, the only thing “superior” to a law is theConstitution itself; and, even higher than that, a treaty ratified by Congress. What law book was that hillbilly judge reading?But the Mayor supports the recommendation and suggests enacting a law to get aroundthe roadblock by stating up front that if there is a surplus in a dedicated revenue stream,we may move it to the general fund.Council member Andrea James asked whether the nutty professor was “for smaller government and big business, cause I’m not for that.” So Andrea, you’re in favor of BIGGER government and less business?I don’t have to worry about Andrea answering my question because she never responds tomy phone calls nor emails, like most of the council.Eighth District Councilman George Myers is the only one who said he opposes thisrecommendation no matter how the politicians twist it and prefers a tax rollback.
I think Myers should run for Mayor, seeing he is the only sane person on the
 
 Nutty Professor Says Run City Finances Like the State, Commentary in News Report, Continued:
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Nutty Professor andMayor Scheme to SkimTax Surplus intoGeneral Fund
,Continued:
Council.
 And poor ole Ed Lane, Mr. Businessman himself (aw shucks y’all), was so busy smilingand kissing the nutty professor’s b%&! that he was beside himself. Wow! A real professor, coming here among us hicks to profess
already swamped with racketeering charges, sexual molestation of children,unethical oversight of finances, and the mayors all kissing the Roman Catholic Bishop’s b%&! on illegal migrants and
Before the city should spend another dime it ought to pay compensation to its own
childrape victims like the Roman Catholic Bishop’s church
did
 
.But 
despite the constitutional prohibition against adopting a state religion.When provoked by Myers’ probing questions, Hackbart explained that when he workedfor the state budget office, the state was quote “
 Not only did the nutty professor work for the state budget office, he was on ultraliberalMayor NewBerry’s transition team. No wonder the greeting was so cordial and the adviceto commit a crime so welcome.Well, that’s why I call him the nutty professor. I’m calling him that because I called himthat; notwithstanding the superior intellect that he is just that, a nutty ultraliberal.
or a transorbital lobotomy.Any council member who follows the bad advice of the nutty professor belongs in astraight jacket atEastern Statein a ward for the criminally insane.
G
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A citizen's consensus on the Kentucky economy projects the deficit at $956 million by the end of 2009, more than twice what Democratic Governor Beshear estimated it to be three months after taking office. ---JKLM staff

Crit Luallen is really the one on the hot seat. She will not be able to explain away her failure to audit the apparent misappropriation of Lyric reserve money by NewBerry's administration. Remember, Mayor NewBerry is the one who adamantly opposed the Airport Board audit that resulted in an ongoing criminal investigation of Mike Gobb and his cronies.

This commentary is ruffling up quite a few chicken feathers among nervous politicians who have the elite media in their pocket with a gag on their mouths. Real reform in our nation only occurred as a result of objective fact presentations like this one. Great job!

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