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States consider dropping presidential primaries - no money

Posted: February 18th, 2011, 1:47 pm
by Col. Flagg
http://www.politico.com/blogs/bensmith/ ... imary.html" onclick="window.open(this.href);return false;
Not enough money for a 2012 primary?
A handful of states, including Massachusetts, are considering abolishing their presidential primaries — mainly because there's not enough money in the budget:

Massachusetts Secretary of State Bill Galvin says there’s not enough money to run a primary in March 2012, according to Gov. Deval Patrick’s budget for the next fiscal year.

“The number that was submitted by the governor despite the fact that he suggested, or his administration suggested, that it would be a 2 percent cut, in fact is a far more drastic cut. My budget will go down anyways for the coming fiscal year in the elections area because we have one fewer election in the upcoming fiscal year than we did in the last. But nevertheless, it’s a problem to run this March 6, 2012 event based upon the numbers they’ve submitted,” Galvin told WBZ.

The result of a state abolishing its presidential primary would likely be a state-party funded caucus system —but those state parties could also choose a different nomination method.

Re: States consider dropping presidential primaries - no mon

Posted: February 18th, 2011, 1:50 pm
by Col. Flagg
Over 40 states are facing a combined projected shortfall of $125 billion for the fiscal year of 2012:
http://abcnews.go.com/US/protestors-sta ... 666&page=2" onclick="window.open(this.href);return false;

But there was TRILLIONS for Wall Street, the big banks and select private corporations.

Re: States consider dropping presidential primaries - no mon

Posted: February 19th, 2011, 12:05 pm
by Jason
Col. Flagg wrote:Over 40 states are facing a combined projected shortfall of $125 billion for the fiscal year of 2012:
http://abcnews.go.com/US/protestors-sta ... 666&page=2" onclick="window.open(this.href);return false;

But there was TRILLIONS for Wall Street, the big banks and select private corporations.
Add in another 50 or 60 billion for unemployment debt (off budget debt) that will come from employers (out of the pockets of those still working)! Not to mention rising interest rates and debt service issues (roll over issues). For example say a city of 50,000 people that has been rolling over a $50 million bond...that suddenly cannot be financed at any interest rate.....suddenly everyone in the city is hit with a charge of $1000 a piece....or $2.5k per household. This is going to shortly be reality across the US!