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Kentucky Area News – Three Notes

by Theresa Fritz Camoriano

 

1.          Kentuckians Forced To Pony Up

          Some people in the horse industry are taking a big financial hit this year, because many foals have been dying.  The deaths seem to be tied to this year’s abundance of web worms, which eat the leaves of cherry trees and somehow carry the arsenic from the cherry trees to the pregnant mares.  Governor Patton now plans to help the industry recover from this setback by providing below market rate loans at taxpayer expense. 

          While we can certainly sympathize with anyone who has a business setback, we should object to the state’s forcing the taxpayers to subsidize this or any other business.  Business, and life as a whole, are inherently risky, and people should take precautions, save for a rainy day, buy insurance, and so forth, to try to protect against such risks.  If a business is not able to succeed, the business owner should put his resources to better use elsewhere, not be continually propped up by taxpayers.  The taxpayers should not become the premium-free insurers for any industry in the state that happens to have a setback! 

          If the taxpayers are going to be forced to subsidize the horse industry, where does it stop?  What about a card shop that has a fire and loses its inventory?  What about a lawn care business that has a bad year due to a drought?  Obviously, we cannot subsidize everyone.  Should the governor distinguish between large, politically powerful industries and small, politically weak industries, using tax funds only to help the politically powerful?  Is it right that the politically weak should bear their own risks while the powerful should foist their risks onto the backs of the taxpayers?  No.  The simple answer is no taxpayer handouts to business – period – and no reelection for anyone who abuses the taxpayers by using tax money to buy influence with the politically powerful.

 

 

2.          Rebecca Jackson on the Firing Line

          Jefferson County Judge Executive Rebecca Jackson has been trying to fire Melinda Rowe, the head of the health department, without success.  Due to the archaic laws, Jackson, the chief executive of the county government, does not have the power to fire her own subordinates.  Regardless of Jackson’s reasons, and whether or not we think Rowe has done a good job, Jackson should have the power to fire her own subordinates.  Otherwise, how can we hold her responsible for carrying out her job?  We can only hope that the merged city/county government will not put the metro mayor in the same unworkable position.

 

 

3.      The Taxpayer Funded Basketball Arena Rears Its Ugly Head Again!

          The voters of Charlotte, North Carolina have wisely rejected the opportunity to spend $300 million of tax money to build an arena to subsidize the owner of the Hornets.  So, Louisville is now wooing the Hornets, with promises to spend our tax money to subsidize this private business venture.  There has been no talk of giving us a chance to vote on the expenditure.  Perhaps the people of Kentucky are deemed by their elected officials to be too stupid to decide how their tax money should be spent.

          An arena to house a private business such as an NBA team should be built with private investment money – not taxes.   If bringing an NBA team to Louisville makes good business sense, then let the business people take the financial risks to bring the team to town.  Let KFC provide $100 million for naming rights, and let others make investments as they freely choose.  But our elected officials have absolutely no business taking money that was extracted from the taxpayers by force to subsidize a private business.  That would not be an “investment” – just more corporate welfare. 

          We elected our government officials to keep the potholes filled and to keep the murderers off the streets – not to hand our hard-earned money over to their friends.