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TexasTowelie

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Gender: Male
Hometown: Texas
Home country: United States
Current location: Red Hell Texas
Member since: Sun Aug 14, 2011, 03:57 AM
Number of posts: 75,559

About Me

Middle-aged white guy who believes in justice and equality for all. Math and computer analyst with additional 21st century jack-of-all-trades skills. I'm a stud, not a dud!

Journal Archives

Suspended Vt. lawmaker faces 2nd trial on sex charges

MONTPELIER, Vt. (AP) - Suspended Vermont state Sen. Norman McAllister faces a second trial on sex charges less than two months after charges were dropped in his first trial.

The six counts against the Franklin County Republican were split, with his trial in June on two of them ending in dismissal of the charges after the complaining witness' story failed to hold up under cross examination.

At a status conference in the criminal court in St. Albans on Monday, the trial on four other counts - three of prohibited acts and one of sexual assault - was set for Aug. 10, 11 and 12.

McAllister, who maintains he is innocent, was arrested outside the Statehouse in Montpelier 14 months ago and was suspended by the Senate pending the outcome of his case in January.

http://www.wcax.com/story/32477998/suspended-vt-lawmaker-faces-2nd-trial-on-sex-charges

Deposition details Jay Peak CEO Stenger’s role in alleged fraud

The CEO and president of Jay Peak is expected to reach a settlement with the Securities and Exchange Commission in the next few weeks, according to court filings.

If Bill Stenger makes a deal with federal regulators, the focus of the legal action in state and federal courts will shift away from his role in the EB-5 scandal and toward the alleged fraudulent activities of his partner, Miami businessman Ariel Quiros.

Much of what has been brought to light in the public record at the U.S. District Court in Miami has already focussed largely on accusations by the SEC against Quiros. That’s because the Miami businessman is fighting the SEC’s allegations. Stenger, on the other hand, has been cooperating with the SEC, and his involvement in the fraud has not been fully explained. He largely avoided the spotlight in federal district court when SEC litigators brought their case against the two Jay Peak developers in documents and hearings about the alleged misuse of immigrant investor money in six development projects at Jay Peak Resort and a biomedical center in Newport.

As general partner for the limited partnerships with immigrant investors, Stenger had a fiduciary duty to protect the interests of the investors, but a deposition with the SEC shows the Jay Peak CEO was directly involved in actions that put investor funds at risk.

Read more: http://vtdigger.org/2016/07/18/what-stenger-knew-when-deposition-details-his-role-in-alleged-fraud/

General fund revenues $16.1 million shy of fiscal 2016 targets

State revenues for the last fiscal year fell 1.1 percent shy of projections, according to the Agency of Administration.

The administration’s revenue report from June, the final month of fiscal year 2016, shows that general fund collections for the year came in $16.1 million short of the projected total of $1.43 billion.

The final revenue collections for the general fund in fiscal 2016 came in 2.3 percent ahead of the prior year.

In a statement Friday, Secretary of Administration Justin Johnson acknowledged that low tax receipts in April had a lingering impact on state coffers, but he was optimistic that the fiscal year would close out balanced.

Read more: http://vtdigger.org/2016/07/15/general-fund-revenues-16-1-million-shy-of-fiscal-2016-targets/

Auto insurer asks to raise rates of Maine seniors based solely on age

In an unprecedented move, insurance provider Progressive Corp. is seeking state approval for rate changes that would allow the company to charge older Mainers higher auto insurance premiums based solely on their age.

The proposal by the Ohio-based company would apply to new customers in Maine who had reached a certain age, according to documents filed with the state Department of Professional and Financial Regulation’s Bureau of Insurance.

A hypothetical example that Progressive provided to the bureau shows a 65-year-old being charged 6 percent more than a 64-year-old based solely on the customer having reached age 65.

Increasing rates for seniors based on their age alone would be a major departure from the way most insurance companies operate nationwide and in Maine, which has a population that leads the states in average age. Traditionally, healthy drivers with flawless driving records see their premiums decrease as they age.

Read more: http://www.centralmaine.com/2016/07/19/auto-insurer-asks-to-raise-rates-of-maine-seniors-based-solely-on-age/

Rockport lawyer gets 71 months for defrauding employer

ROCKPORT, Maine — A local lawyer who concocted an elaborate scheme to bilk his company of more than $5 million will be going to prison for nearly six years.

Jason T. Throne was sentenced Thursday in U.S. District Court in Denver to 71 months for one count of mail fraud and one count of filing a false tax return. Throne will be placed on supervised release for three years after being released from prison and was ordered to make restitution of $5,186,491 to Hunter Douglas Inc.

Federal Judge Christine Arguelo imposed the sentence despite the recommendation by Throne’s attorney, John Schlie, for a sentence of no more than 40 months. The defense attorney argued in paperwork filed with the court that his client had suffered by his family and friends learning of his criminal actions.

Throne had been unable to find work for nine months before accepting a job as an associate in the flooring department of The Home Depot, his attorney stated.

Read more: https://bangordailynews.com/2016/07/18/news/midcoast/rockport-man-gets-71-months-for-defrauding-employer/?ref=topStories7

UMaine System board hears proposal to create systemwide budget

Recommendations for implementing a new unified budget system for all of the campuses of the University of Maine were presented Monday to the University of Maine System board of trustees.

The proposal places an emphasis on collaboration among the campuses to reduce costs by creating a systemwide budget to replace the system in which each campus proposed its own budget to the trustees.

Board Chairman Sam Collins said the One University initiative is predicated on collaboration among the seven campuses.

“Getting all of the CFOs from each of the campuses in the same room and agreeing on a direction that these recommendations have come up with,” Collins said. “Certainly, balancing the budgets of each of the campuses is critical for a total unified budget balance. We’ve been moving in that direction, and we’re getting there.”

Read more: https://bangordailynews.com/2016/07/18/news/state/umaine-system-board-hears-proposal-to-create-systemwide-budget/?ref=regionstate

Gov. Paul LePage backs Madawaska's plan to drug test welfare recipients

PORTLAND — Gov. Paul LePage is getting behind a Maine town's decision to consider new rules that would tie some welfare benefits to random drug testing.

Officials in Madawaska are vetting new rules that would apply to the state's General Assistance program, which is run by the state and provides money for things like food and housing. The rules, which would be the first of their kind in the state, will come up at the town's Board of Selectmen meeting on Tuesday.

LePage, a Republican, has been a vocal supporter of welfare reform as governor, including advocating for drug-screening assessments for certain recipients of Temporary Assistance for Needy Families program dollars. He called Madawaska's proposal "fiscally responsible" and a chance to promote healthy living.

"Ensuring our welfare programs are helping those who are truly needy and willing to work toward economic stability is important," LePage said.

Read more: http://www.sunjournal.com/news/0001/11/30/gov-paul-lepage-backs-madawaskas-plan-drug-test-welfare-recipients/1961376

New Hampshire state employees' union endorses Clinton

CONCORD — The board of directors for SEA/SEIU Local 1984, also known as the State Employees’ Association of New Hampshire, has endorsed Hillary Clinton in her bid for president.

The endorsement from the union, which had supported U.S. Sen. Bernie Sanders, I-Vt., in the New Hampshire primary, followed a recommendation by the organization’s Political Education Committee.

The union represents 10,000 employees.

http://www.sentinelsource.com/news/local/state-employees-union-endorses-clinton/article_428bd637-c13e-54ce-bb7a-a3ea2f08dcd2.html

Cross-posted in the New Hampshire Group.

New Hampshire state employees' union endorses Clinton

CONCORD — The board of directors for SEA/SEIU Local 1984, also known as the State Employees’ Association of New Hampshire, has endorsed Hillary Clinton in her bid for president.

The endorsement from the union, which had supported U.S. Sen. Bernie Sanders, I-Vt., in the New Hampshire primary, followed a recommendation by the organization’s Political Education Committee.

The union represents 10,000 employees.

http://www.sentinelsource.com/news/local/state-employees-union-endorses-clinton/article_428bd637-c13e-54ce-bb7a-a3ea2f08dcd2.html

Cross-posted in the Hillary Clinton Group.

Lawmakers rule out Mass. summer sales tax holiday

BOSTON — Shoppers in Massachusetts can forget about saving a few dollars on that new television or furniture set.

Legislative leaders say there will be no sales tax holiday in the Bay State this summer.

Senate President Stan Rosenberg and House Speaker Robert DeLeo blame the state's tenuous fiscal situation, which has prompted belt-tightening throughout state government.

The Democratic leaders said Monday after their regular meeting with Republican Gov. Charlie Baker that the state cannot afford to lose an estimated $26 million if the 6.25 percent sales tax is suspended for one weekend in August.

Read more: http://www.telegram.com/news/20160719/lawmakers-rule-out-mass-summer-sales-tax-holiday
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