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Can Texans Cure Cancer?


by: Todd Hill

Thu Mar 08, 2007 at 09:01 AM CST


If you don't have the self-implied power of empty executive order privileges like King Rick Perry, you as a Texas taxpayer can put the Lone Star State on the trek to cure cancer in the 21st century. 

A new organization, founded by Cathy Bonner, a friend to former Governor Ann Richards, has launched a campaign calling for $3 billion in appropriated bonds for cancer research. 

Bonner adds:

"Our goal is to kill cancer in our lifetime making Texas the global leader in cancer cures during the next decade."

Perry, no stranger during this term in attempting to combat cancer, has jumped on board with this effort; however, he is proposing to use proceeds from privatizing the Texas Lottery system in order to pay for the initiative. 

I think selling bonds, if Texas voters approve, to fund research grants in order to combat cancer is a great idea.  I've always believed we need a 21st century version of John Kennedy's call to put a man on the moon.  Americans need a challenge and I believe cancer is a debilitating and costly disease that can be combated.  The idea of Texas leading the way is even better.  I don't believe Perry leading the charge does the effort justice.

Having said that, Governor Perry need not kill the effort by attempting to revive his terrible plan to privatize the Texas Lottery system.  It's a bad idea that would rob Texas of value long-term revenue.

Check out www.killcancer.org and learn more about Bonner's honorable effort. 

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why do you care (0.00 / 0)
how the effort is funded as long as it's funded?  are you that desperate to lob attacks?

He is... (0.00 / 0)
He's a Democratic Underground/MoveOn.Org style partisan.

www.completethewar.com

[ Parent ]
Actually.... (0.00 / 0)
I don't subscribe to either of those groups.  I'm aware of them but know little to nothing about them or their agenda.  I do however subscribe to the Crashing the Gates style of politics. 

And I may be an affiliated Democrat, but I'm not beholden to the Democratic Party.  The way I see it the Party needs me more then I need the Party.

I, along with many others, represent the future of the Party.  Embrace that or don't, it doesn't matter to me either way.

TMH 

"You must be the change you wish to see in the world." - Mahatma Gandhi


[ Parent ]
Caring (0.00 / 0)
I care because I'm a concerned citizen not intersted in lining the pocketbooks of special interests and lobbyists.  I'm not interested in supporting a consulting firm led by Phil Graham, and who hired Perry's son, to manage a lottery system that is long-term revenue for the state, only to receive a short term check. 

You may like supporting cronies, but I don't. 

Why do you care about my opinion one way or another?  Are you that desperate to sell out Texas now, and risk the future of this state?

TMH 

"You must be the change you wish to see in the world." - Mahatma Gandhi


[ Parent ]
Lottery money (0.00 / 0)
If Perry sells the lottery, then he ought to be using the money for worthwhile projects. I would put the majority of into fixing the school system, but if some goes to cancer research or HIV or anything else then by all means let it go to it!


Keep issues separate (0.00 / 0)
If Perry can sell the lottery at a fair price, cancer research should certainly be considered for a portion of the proceeds. But I would be wary of a campaign to tie the issues together -  Sell the Lottery to Cure Cancer! - where the good cause trumps good business sense in public opinion.

[ Parent ]
"Scratch off's for cancer" (0.00 / 0)
You just gave the Perry office a nice selling point. Way to go George ;-)

[ Parent ]
Or even better... (0.00 / 0)
"Lap Dance for the Cure...", where $5 of the cost of each lap dance at strip clubs goes towards cancer research/treatment funding....

www.completethewar.com

[ Parent ]
The Goose that laid the Golden egg... (0.00 / 0)
In general, if you have something that is a big money maker with no prospects of that money decreasing, it's best not to sell it.  If you have to sell it to pay down debt, so be it.  Or to make an investment in something that would potentially bring better returns.  But sell it to do stuff the state should do anyways... BAD IDEA! 

With that in mind, I don't think anyone is opposed to funding cancer research.  In fact, I think most people on this board would support rolling back the property tax cuts in order to do so. 


since when (0.00 / 0)
is the lottery a steady source of revenue?  it has decreased its return to the state since it started.  in fact, name me one state lottery that is making more money now than when it was first launched.  (to save you time, there aren't any.)  transfer the risk to the private sector and let the state take the rather large up front payment and do some good with it.  in fact, if the lottery were to sell for something like $16 billion, with prudent investment, it would kick out more money annually than the current lottery does, without dipping into the corpus of the fund.

[ Parent ]
You really think? (0.00 / 0)
the state will actually manage a $16 billion up front payment with the proper accountability and transparencey it deserves?  And what track record are you basing this on?  I do believe that continued audits of the states books continue and find money pigeonholed here, and pigeon holed there.  Can't wait to see which Perry special interest or lobbyist gets the royalties of that. 

Prudent investment?  What has Perry's administration, or the legislature, properly "invested" in thus far?  Sure as heck hasn't been public education.  Takes the Texas Supreme Court to mandate and deadline that Perry quit taking yaught trips with special interests to actually FUND public education. 

And in the long run, the revenue from the state lottery will far surpass a $16 billion up front payment from a company who just hired Rick Perry's son. 

It's like privatizing social security, why give up a sure thing for such a HUGE risk?  You may play the stock market, and have the free money to do so, but most Texans don't.  Nor do they wan't to risk a given for a gamble.

You may want to slowly kill public education, but I don't. 

TMH

"You must be the change you wish to see in the world." - Mahatma Gandhi


[ Parent ]
Prudent investments... (5.00 / 1)
As I recall our last Republican governor appointed regents to the UT System who then approved "prudent investments" of endowment funds into high-risk investments promoted by "insiders."  I forget how much UT actually lost.  I don't that UT actually ever stated how much it lost.  I do remember it was dismissed as "much ado about nothing" by the regents on the basis that the public knew nothing about investments obviously since those who knew about investments knew that all investments were high-risk. 

At least the income from the lottery is there. And guaranteed.  Income from investments obviously is not. 

You want to know why tuition has risen in Texas?  Probably because of all the high-risk "prudent investment" by the state university system. It wasn't just UT.  UT just got caught with their pockets suddenly empty.

This is the same as selling our future income from tollways to private enterprise. We have no assurance the investments made will continue to produce income. 

But apparently some fools will continue to play Morgan Stanley and estimate the billions in income that these investments will make.  Forgetting that Rick Perry and the Republicans will not invest it with Morgan Stanley.  They will invest it with their buddies.  The way the regents at UT did.  Adn when the state suddenly has no more income from the lottery or the tollways, well, we just don't understand investments.

Maybe not but some of us at least finally understand crooks.


[ Parent ]
Hmmmm... (0.00 / 0)
Could one of those regents be....ummm...Tony Sanchez??

www.completethewar.com

[ Parent ]
Hmmmmmmm (0.00 / 0)
Could be. But then I don't regard Tony Sanchez as a Democrat.  Quite a few don't.

[ Parent ]
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