Monday, January 17, 2011

More News of the Day~ 1/17/11

No More Arkansas Politics as Usual?

Yesterday the Times Record Online posted this:  Governor May Face Bigger Challenges In Second Term“…already at the start of his second term, some lawmakers appear unwilling to tow the what-Beebe-wants-Beebe-gets line.” Well this is good news, yes?
Looking like some of the new guys might have a few new ideas. For those of us  interested in limited government, fiscal responsibility and free markets, this is a good~ Only time will tell how it all pans out~  



This story taken directly from the Arkansas Democrat Gazette:
A White County judge has dismissed a lawsuit filed by royalty owners who say they are victims of an illegal exaction and are being taxed twice for natural gas being produced from their property.
The Daily Citizen reports that Circuit Judge Tom Hughes dismissed the suit on Friday. In April, royalty owners Kenneth Joe and Mary May sued the county’s tax assessors and collectors, asking that property taxes on royalties be declared invalid as an illegal exaction.
The royalty owners claim they have paid property taxes on their royalties and natural gas companies have paid severance taxes on the same production. But Hughes ruled that the taxes had been levied only after the natural gas had been sold.
Hughes ruled the timing of the property taxes didn’t matter.


Light Makes it Right

Rep. Jane English, (R- North Little Rock), is holding the light on a bond issue whose story started nearly 2 years ago. Kevin Lewis was involved in bogus bonds that are already tied to the failure of one bank.
This will be a story to watch as it unfolds seeing the havoc it will play on the parties involved. Start with this story from Arkansas Business.com Shine Light On Bonds


Things to Look Forward to in Little Rock

Several times before I have encouraged you to become familiar with the site http://www.arkansashouse.org/, there is a plethora of information for those wanting to learn more about the system that governs us.
Times Record Online points out some things happening in the coming days: Raises Among Issues Facing Legislature


 
            FEED

Arkansas gas prices rise again http://bit.ly/fn9Yih #GAS


Arkansas GOP Signals Fights Ahead with Pay Raise Move http://bit.ly/fWDrCV

Comparing 'apples to apples' in the housing market - http://tinyurl.com/48fmjq2 #real estate#mortgage #realtors

Congressman Steve Womack makes a statement honoring Martin Luther King, Jr. on what would be his 82nd birthday.http://bit.ly/fMjEo7

Power has been out for a couple of hours. New video: Gov. Beebe discusses ethics reform, trust fund debt... #ARLeg

...& political legacy w/ @johnbrummett.http://talkbusiness.net #ARLeg










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