February 1, 2011

Taking one pot of money and moving it around does not solve anything. Sandoval does not understand the way we tax and spend must be fixed concurrently. His proclamations of living with what we have by reinventing government are hollow. He gave us clues about his lack of vision in his “state of the state” address yesterday which are:

Cuts to state employee pay and benefits never solve fundamental problems of adequate funding. It is a short-term fix.

Reallocating taxes, also called “Robbing Peter to pay Paul”,  is kicking the can down the road and does not solve broken tax structure either.

His reallocation plan is to “securitize” or “monetize” the insurance premium tax, use school current construction bonds to pay for education’s operating costs, take hotel room taxes and highway funds put them in the general fund.

All this means Sandoval has no clue about how to fix Nevada’s tax structure. He is hoping these tricks will buy him a few more years when the state’s economy picks up so he can cover his bets. Unfortunately, this is what has been going on for decades, and it is very frustrating to see this happening yet again!

Sandoval’s allegiance is to big business, specifically as gaming and mining and they have no desire for a stable tax structure or an educated public. They have, in Sandoval, a governor publicly and shamefully willing to do their bidding at the expense of all Nevadans. They have monetized their campaign bets and expect to get paid with more influence in the regulatory process and incredibly low tax rates.

Sandoval’s words are just more Gibby-gab and we all know how THAT worked out the past four years.

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This is what I wrote in January 18, 2009:

The governor’s “No new taxes” motto is ‘gibby gab’ and it sums up his administration’s inability to seriously address budget problems. By ‘gibby gabbng’ they feel free to ignore problems and transfer them to the Legislature. This is most certainly destructive to Nevada’s economic stability and his political party. Hopefully there won’t be too much ‘gibby gabbing’ at the Legislature. We need serious focus and not more political nonsense.

“Gibby Gab”
1) verb, to talk excessively and repetitively especially about matters of importance; hollow political chatter
2) noun, ineffective talk or argument; trivial talk about important matters
3) noun, gift of the gab, ability to speak without saying much

Examples:

The budget was important to Nevadans but with his  ’gibby gab’ he was able to ignore it and walk away.

Not wanting to solve the problem, he ‘gibby gab-ed’ it away.

http://nvemployees.wordpress.com/2009/01/18/gibby-gab-challenge-to-the-legislature/