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More budget minutiae

A close reading of the Outside Sections in the Senate Ways and Means budget provides a few more nuggets: Possible Pension Shenanigans: Pioneer is well-versed on the gaming of the state pension system, so our finely tuned antennae go up whenever suspicious language involving the pension fund goes into legislation. The specificity of the following clause makes us extremely curious: including individuals formerly in the service of the division of employment security whose compensation for that service was paid in full from a grant from the federal government, and for the cost of medical examinations in connection therewith, We are hopeful that an enterprising journalist can determine the precise identity of the individual named above. $20 Million Set-Aside for Hospital […]

A non-conventional pain in the butt, but. . .

Jeff Jacoby was right on in his Globe op-ed of May 6th on the rush to get even more subsidies for the Hynes Convention Center. In the piece, Jeff compares Patrick Lyons’ private investment proposal on Lansdowne Street to the Massachusetts Convention Center Authority (MCCA) proposal for more subsidies to prop up the Hynes and asks why one is being done with private financing and the other one requiring more subsidies on top of old ones, on top of a big chunk of money thrown at the new South Boston facility. Now, I’ve received a number of queries asking why Pioneer hasn’t continued to hammer away on Convention Center subsidies and turning the Hynes over to a higher and better […]

Congrats to 3 Mass charters and a Big, Open Question

At a ceremony held at the Capitol Building in DC yesterday, the Center for Education Reform named three of Massachusetts charter schools among the 53 National Charter Schools of the Year. The day’s events included a press conference, a National Press Club lunch, and meetings with reps and senators. The three award recipients were Excel Academy Charter School (East Boston), MATCH Charter Public High School (Boston), and Roxbury Preparatory Charter School (Roxbury). These are schools that are inspiring and changing the expectations of minority students. They are also outscoring on achievement tests many of the “W” communities that have so many more advantages. To anyone who has been in these schools, it is clear, however, that the students’ impressive results […]

And then there were two

The Senate Ways and Means Budget contains a provision (scroll down to section 48) allowing two of the twelve public skating rinks in Greater Boston to be put out for long-term leases. That’s down from the twelve that the Governor’s budget (to his credit) allowed, but up from the zero allowed in the House budget. We looked at the effect of long-term leasing on the public skating rinks outside of Greater Boston and what did we find? – Increased Availability: Rinks operated under competitive contracting are now available an average of 43 weeks per year in fiscal year 2005, versus 34 weeks per year under the previous management system in fiscal year 1991. – Continued Affordability: The average hourly cost […]

If you think education is expensive, try foreclosure.

This year’s collapse of mortgage lending—also rendered as a crisis, a bubble bursting, the inevitable result of misguided policy x, and so on—has gotten a lot of press recently. In response, some have called for more regulation, tighter credit, or another solution that’ll make the problem worse. In welcome contrast, this Springfield Republican story highlights the first requisite of a healthy marketplace: well-informed buyers and sellers. HAP, Inc. led by Pioneer author Peter Gagliardi, helps both lenders and borrowers know exactly what they’re getting into. HAP’s “Yes You Can” homebuyers’ fair offers good rates and clearly stated terms to borrowers—but only those who’ve taken the time to learn more about home finance. In turn, HAP introduces those educated buyers to […]