Archive for March 20th, 2009

Closed SSO @ 19.47

  • Written by admin
  • Posted March 20, 2009 at 2:49 pm

For a +0.13 point gain. I am out as it looks like we could go lower. I am putting in a limit order for my DZZ position and going for the day. It’s too choppy due to options expiration.

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Filed under: Trades

Long SSO @ 19.34

  • Written by admin
  • Posted at 2:05 pm
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Filed under: Trades

House Bill 168 – Repeal the Universal Access Fund

  • Written by admin
  • Posted at 2:01 am

Update from Freedom Works Georgia:

FreedomWorks Georgia has been fighting hard to support H.B. 168, a bill to repeal the Universal Access Fund. The taxpayer funded slush fund has been used and abused leaving taxpayers on the hook for things like a $15,000 dinner and a $20,000 Christmas party!

The intent behind the creation of the Universal Access Fund was positive – keeping rural areas connected to digital services. Unfortunately, the money in the Universal Access Fund has been misused and abused, and has become a slush fund that is unaccountable to the taxpayers! Some of the proposed expenditures are similar to what occurred at the financial institution AIG.

For example, Georgia consumers are subsidizing independent telephone companies who do not meet their financial benchmarks. The 2008 audit of the fund found that one company actually used “their” taxpayer subsidy for a $15,000 dinner and a $20,000 Christmas party! Given the current economic climate, Georgia needs to save its money, or refund money to the taxpayers, not spend it on parties for employees of some businesses.

State Representative Clay Cox (District 102) worked to eliminate this waste of taxpayer dollars and after many letters, emails, phone calls, office visits, and hearings the bill passed the House 123 to 42.

This bill now is in the Senate and we need you to make phone calls to make sure it is voted out of committee next week. It is especially important to contact the Chairman and Vice Chairman of this committee so they will bring it before the committee to vote on next week.

Shafer, David (R-SS 48) Chairman

Johnson, Eric (R-SS 01) Vice Chairman

Harbison, Ed (D-SS 15) Secretary

Butler, Gloria S. (D-SS 55) Member

Henson, Steve (D-SS 41) Member

Hill, Jack (R-SS 04) Member

Moody, Dan (R-SS 56) Ex-Officio

Murphy, Jack (R-SS 27) Ex-Officio

Seabaugh, Mitch (R-SS 28) Member

Stoner, Doug (D-SS 06) Member

Tolleson, Ross (R-SS 20) Ex-Officio

Unterman, Renee S (R-SS 45) Member

Williams, Tommie (R-SS 19) Member gia:

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Filed under: Politics