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Gratuitous Yankee Bashing

Not our traditional topic, but who can resist kicking the Yankees when they are down. This post is dedicated to Pioneer’s own embedded Yankee fan, Mr. Chieppo. If you’ve followed Roger Clemens’ return, you’ve undoubted heard the live call of his reintroduction to Yankee Stadium, where WCBS Broadcaster Suzyn Waldman makes a home town call that would have made Johnny Most blush. He’s now 1-3 with an ERA of over 5. A less charitable colleague might be tempted to echo Edward G. Murrow in The Ten Commandments and ask “where’s your messiah, now?”. But not this correspondent, no sirree.

Movement on Pension Fund Consolidation

Pioneer brought up the idea of consolidation underperforming local pension funds in our May 2006 paper, Leaving Money on the Table. We noted that underperformance (relative to the major state fund, PRIM) had left $1.6 billion on the table in the ten year period ending in 2004. We recommended folding all the underperforming funds into PRIT. The Governor recommended folding all the funds that underperformed by 2.25% over 5 years and were below 80% funded into PRIT. Now, the Joint Committee on Public Service has recommended folding all funds that underperformed by 2% over 10 years and were below 65% funded into PRIT. The bill would have an immediate effect on 25 public pension funds that have left an estimated […]

Sure, fight the housing shortage, just not here.

Is what’s good for Springfield also good for Amherst? Friend of Pioneer Peter A. Gagliardi, leader of nonprofit housing developer HAP, Inc., has found that where one stands on affordable housing depends on where one’s property sits. Qualified families in both towns languish on waiting lists for decent homes, yet Springfield welcomes new construction, while Amherst fought a HAP project in court for five years. Gagliardi is the author of both a Pioneer housing paper and one of the best “Dear Deval” pre-inauguration Globe op-eds. He’s also a veteran, having slogged for decades through the mud hidden behind good intentions and pretty speeches about affordable housing. As proven by Gagliardi’s experience, as well as his research, those who would increase […]

Jim Stergios on MCAS

Pioneer Executive Director Jim Stergios appeared on NECN’s Newsnight last evening. He spoke in favor of the MCAS on a panel with the decidedly anti-MCAS Lisa Guisbond of FairTest. Check it out here.  (Bear with it, you have to sit through an ad first.)

Tooting My Own Horn – Biotech Edition

Pioneer has had a lot to say about the Governor’s biotech proposal — some positive, some negative — but the exact parameters of the proposal are not yet clear. There’s a lot of discussion around research grants, paying for equipment, and tax incentives, but a many details remain to be filled in. The Administration is having its first meeting of a large advisory group to begin the work on those details. My thoughts, from an article in this morning’s Globe: Patrick has won praise from life-science leaders for the inclusiveness of his approach to building and luring a competitive industry. But as his plans become more concrete, letting biotech leaders suggest ways to give cash to their own industry raises […]