Texas
Related: About this forumRick Perry’s management skills in serious question after auditor’s report
Christy Hoppes blockbuster story about the first independent audit of the Texas Enterprise Fund contains quite a few shocking revelations, the biggest of which is how lax Gov. Rick Perry was in his financial oversight. The fund handed out $222 million to entities that hadnt even bothered to submit applications. I wonder how that worked, exactly. If you have good contacts in the governors office, do you just call up and say, Hey, could you funnel a few million my way? And suddenly, poof, its yours.For a governor who is making no secret of his presidential ambitions, his mismanagement of this fund is certain to play front and center in presidential debates as other candidates Republican and Democrat question whether hes got the stuff to run our nation.
After reviewing the 98-page report, the governors office acknowledged that weak controls were in place when the fund first began in 2003, Hoppe reports. But now theyve implemented the recommendations made by the auditors. I wonder, if the audit hadnt happened, would these shoddy practices still be happening?
The process and policies of the TEF have evolved and it has now adopted a more standard operating procedure, Perry aides told the auditor.
Read more: http://dallasmorningviewsblog.dallasnews.com/2014/09/rick-perrys-management-skills-in-serious-question-after-auditors-report.html/
tanyev
(42,523 posts)tazkcmo
(7,300 posts)Encouraging comments from the readers. Hopefully it spreads.
malokvale77
(4,879 posts)It took Rick Perry to convince me that "W" wasn't the dumbest Governor in Texas' history.
Well, hold on there folks, we have even dumber waiting off stage. Enter Greg Abbott.
Texans sure do embrace dumb.
Gothmog
(144,945 posts)The fact that he screwed up some many different decisions does not surprise anyone
Scuba
(53,475 posts)Walker's response to reports of lost funds, lousy management ...
http://www.democraticunderground.com/1251372288
Thinkingabout
(30,058 posts)Money after saying he would not, he should have said Obama balanced the budget. One of his heroes was Phil Gramm, the old "if you will just deregulate them (banks,etc) everything will just be fine" guy, part sponsor of the bill which was to replace Glass Stegall and we confronted a big failures of the bs ks and the tax payers had to bail them out. BTW, Gramm was an economics professor at Texas A&M.