Thursday, June 24, 2010

A case of the pot calling the kettle black

Photo courtesy of Wikipedia and Copper Kettle on Flickr
Recently (June 21, 2010), incumbent State Senator Mae Beavers sent out one of her e-mail newsletter updates telling about some of the things that happened in the last days of the Tennessee General Assembly's 2010 Session. When speaking about the budget that was passed she said, "It’s a shame that House members would prefer to spend, spend, spend and borrow, borrow, borrow rather than operate within our means." It's an interesting statement when you consider that on February 26, 2009, Beavers voted in favor of a bill (SB 315) authorizing the state of Tennessee to issue bonds (a.k.a. borrow money) to build Volkswagon a new plant in Chattanooga and Hemlock Semiconductor, LLC a new facility in Montgomery Co. to the tune of $262 Million. Over the life of this corporate welfare project, these bonds will cost the taxpayers of Tennessee over $400 Million dollars including interest. The question is - is this a case of "the pot calling the kettle black" or "do as I say and not as I do." Actually, it may be all of the above.
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