Catch State Treasurer Chip Flowers with Norman Oliver on Community Crossfire this Sunday night (9PM July 14th - Comcast Channel 28). Call in live!
If you miss the broadcast, you can watch it on YouTube on facebook at Comm Crossfire.
Meanwhile, a few letters have appeared in Chip's defense over his objections to Markell's SB 151 ~
I read your informative article about State Treasurer Chip Flowers and the Cash Management Board. I agree with Flowers’ position because as the elected official, Flowers, and not an unelected advisory board, bears the ultimate responsibility for how the state’s money is invested.
If the board feels so strongly and is in such vehement disagreement concerning how the state’s money is invested, instead of threatening to quit, a board member should put his or her life on hold, spend countless hours campaigning up and down the state discussing the issues, and run a primary for the State Treasurer’s office, as Flowers did in 2010.
In our democracy, if you want to be in charge and call the shots, then you have to do the work.
Ken Matlusky
Wilmington
I support Treasurer Flower's right to do his job
Let me get this straight: State Treasurer Chip Flowers won’t do the bidding of the Cash Management Policy Board because he feels they are incorrect in what they are demanding. “Treasurer: Markell appointees should go” (Sunday). So, the governor and the board are trying to strip him of his power. Don’t you just love Delaware’s “Old Boy Network” and back-door politics?
Some of the members have threatened to resign because they are acting like small children who hold their breath when they don’t get their way. I hope they resign. I am weary of the way our state government works.
The newest bill posed in their favor would keep the public from knowing what’s going on with the board’s choices of the state’s funds. Really? That’s the answer? Whatever happened to transparency? The governor and the board should be ashamed of themselves. I hope everyone remembers this come election time. Keep battling, Mr. Flowers. I applaud your conscience. Howard Gant
Wilmington
Along with a few more must-read blog posts ~
Does Flowers have the wherewithall to withstand the Markell Assault?
The June 30th Coup
Flower Power - Treasurer Calls For Resignation Of Private Sector Appointees And Removal Of Political Flackey Nick Adams From Wilmington Trust's State Account
And a bit more from the Delaware Liberal thread ~
In reading through the analysis of statute and proposed statute, it appears that the Board acted outside its authority in telling the State Treasurer WHO should get the benefit of their investment policy.SB 151 is the statutory “fix” to enable the Governor (by way of his appointees) to chose which banks get the investments (and to do it in the dark) rather than the Treasurer, as the law presently allows.Under present statute (as I see it and I may be wrong), the CMPB may not decide which banks the Treasurer invests our money in, only how to invest the money.Thus the “overseers” overstepped in responding to Nick Adams’ email complaint by demanding that Flowers increase M&T-WT ‘s share or else.~*~
0 comments:
Post a Comment