Posts Tagged ‘billion’

Suicide Pact

Climate summit negotiators fiddle while the world prepares to starve.
Gwynne Dyer
The Durban climate summit that ended earlier this month was proclaimed a great success. The chairwoman told delegates: “We have concluded this meeting with [a plan] to save one planet for the future of our children and our gr...


More Bucks for Bidness, Less for Kids

Static
State Sen. Wendy Davis fought long and hard earlier this year to find a way to keep the state from cutting $5 billion in education spending. One of her proposals was to keep private corporations — particularly energy companie...



Cutting the Economy to Ribbons

Rick Perry says a no-new-taxes budget is good for business in Texas – but is it?
GAYLE REAVES
Gov. Rick Perry’s press releases have been practically bursting with pride lately, as a Texas Legislature with a heavy Republican majority has passed bill after bill dear to his heart and political aspirations –– especial...


Fiddling, Burning

Politicians are mugging while Texas’ future goes up in flames.
DAVE McNEELY
The lobbyist walked out of the capitol, disgustedly shaking his head. “It’s the worst session I’ve ever seen,” said the lobbyist, a former legislator of more than a decade. “Everybody over there’s scared to death.



Who Pays?

Debunking Tax Time Fairy Tales
DAVID CAY JOHNSTON
For three decades the United States has conducted a massive economic experiment, testing a theory known as supply-side economics. The theory goes like this: Lower tax rates will encourage more investment, which in turn will mea...


The Emperor’s New Budget

Maybe Perry’s school didn’t have money to teach math.
DAVE McNEELY
It’s time for the state to tighten its belt, wrote Talmadge Heflin, former chair of the Appropriations Committee of the Texas House of Representatives, back in February.



The Deficit Monster

How did Texas get so far down in this financial hole?
STORY BY VINCE LEIBOWITZ PHOTOS BY JOHN OEFFINGER
In 2006, Texas had a multi-billion-dollar budget surplus. Under state court order — yet again — to come up with a school finance system that would provide decent funding for poor districts without unduly robbing from rich o...


Here’s Your Hat, Don’t Hurry

Sports fans in two countries bid a not-so-fond farewell to Hicks ownership.
DAN MCGRAW
What the Texas Rangers have done this year is nothing short of amazing. They won a playoff series for the first time ever and are now playing the New York Yankees for the American League pennant and a chance to go to the World ...



Coming Soon to a Field Near You?

Static
In quite an extraordinary turn of events, Chevron, the oil giant, has  ubpoenaed 600 hours of outtakes from the makers of Crude, a documentary that’s been winning awards right and left for its portrayal of the legal batt...


Gateway to Violence

Legalizing pot could reduce the murderous power of drug cartels.
DAN MCGRAW
In the late ’90s, for a national magazine story on the issue of somehow making marijuana legal, I interviewed then-drug czar Gen. Barry McCaffrey. Of course, McCaffrey swatted away any notion that pot should be legal. It was ...