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Friday, November 7, 2008

Results of this Week's Ballot Box Voting are on the Right

The Axe Falls...Philadelphia Mayor Michael Nutter yesterday prescribed strong medicine for a deficit wracked City Budget...the Mayor said the City already faces "at least" a $108-million deficit in the current Fiscal Year and the shortfall of more than $1-billion in the five-year financial plan...Nutter proposed: cutting the salary of the Mayor, his staff and Cabinet, deputy Mayors and the Managing Director's office; delay any business or wage tax cuts until 2015; eliminate 220 existing jobs, 600 unfilled jobs and 2,000 seasonal, part-time and contract jobs; reduce all overtime including in the Police Department; cut 200 unfilled police jobs; cut five Fire Department engine companies and two ladder companies; close eleven branches of the Free Library and end Sunday hours at three other branches; cut by one-half the proposed increases this year for the Housing Trust Fund, the Community College of Philadelphia and the Cultural Fund; end the $355,000 support of the Mummers' Parade, etc., etc...City Council introduced seven bills yesterday that would allow the Mayor to pursue these goals...they must be approved by Council by December 11th...

State Attorney General Tom Corbett yesterday told a post-re-election news conference that it is likely there will be more persons charged as a result of the ongoing investigation into legislative staff bonuses paid for political campaign work...some of the initial 12 persons charged by the Grand Jury are now cooperating with the prosecution... the investigation expanded beyond the State House Democratic Caucus before the summer...the Attorney General gave no timetable to possible other arrests...

Craps??...the company that holds the license for the slots casino under construction in south Bethlehem in the Lehigh Valley made ominous bankruptcy-sounding noises yesterday...Las Vegas Sands Corp. - controlled by billionaire CEO Sheldon Adelson with 64% of the company - announced that it was likely to suffer defaults in the 4th Quarter causing the suspension of development projects (Bethlehem Sands?) and "raise a substantial doubt about the company's ability to continue as a going concern."...meanwhile, the Borgata Hotel Casino in Atlantic City says it has laid off about 400 employees this week because of the weak economy...

Happy Birthday today to State Senator Barry Stout, to Judge Michael Fisher of the U.S. Third Circuit Court of Appeals and to Joe Miller - Director of Research for the State House Republican Caucus...on Saturday, we celebrate with Jim Ginty of the Pennsylvania Gaming Control Board, State Representative Steve Cappelli, Mike Crossey - Vice President of PSEA and Pete Gleason - former Ridgie now at Kirkpatrick & Lockhart law firm...on Sunday, we note the natal day of State Representative Daryl Metcalfe...


   

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