gary wrote on November 18, 2009 12:10 AM: For our state that has budget restraints, they are to pay 253,000 dollars for another study. It's amazing how they seem to find money when they say we don't have the money for any needed services. Carson City must have found a pot of gold. NO TAXATION WITHOUT REPRESENTATION!!!!!!!

These people just have dollar signs in their eyes wrote on November 17, 2009 11:37 AM: Are you kidding me? Kate Marshall is supporting the prosecution of Brian Krolicki.

She and Catherine Cortez-Mastos are very cozy.

They are totally on board with everything this article is revealing.

And that is "How do we pocket more money for worthless returns?"

The IFC is unconstitutional wrote on November 17, 2009 11:30 AM: Apparently, the foxes are once again in charge of the hen house, once again.

I certainly would like to see the Gov. shut down the Interim Finance Committee as unconstitutional. This Committee has morphed into something it was never intended to be. It is not a legislative branch of the state government.

Too_many_criminal_NY_bankers wrote on November 17, 2009 11:07 AM: State Treasurer Kate Marshall made the decision to invest $50M of public Pooled Investment Funds in a Wall $t firm's "risk-free" fund. A fund that held (surprise!) CMO bonds -- debt which was improperly (to put it mildly) rated AAA by a hopelessly conflicted Moody's.

That fund that is now worthless. We lost $50M. Somehow, Marshall is *still* in office. Why isn't she screaming at the Legislature to avoid these criminals from Moody's?

Too_many_criminal_NY_bankers wrote on November 17, 2009 08:25 AM: The group will work with a company, likely Moody's Analytics ..

Moody's raked in HUGE Wall $t fees by assigning AAA ratings to Collateralized Mortgage bonds which were actually JUNK. The Nevada treasury was a $50M victim of this charade, as were thousands of individual Nevadans, whose losses in toto were much more. Before we give Moody's $250K more of our money, we should INSIST that they first reimburse us.

Except for those two Socialist casino operators, these so-called stakeholders represent a "Who's Who?" of Nevada tax consumers.

If we had small government in this state, the biennial budget could be reduced to $160M and probably LESS. Cig taxes alone would cover it, with money leftover to rebate to us. That's right. No tax study required.

Moody's submitted a bid of $253,000 to conduct the tax study wrote on November 17, 2009 08:03 AM: Why are we continually paying big bucks for studies??????

Further, who are the share holders in the LLC that won the bid?????

The panel choices are the biggest laugh!

Clean house next election!

RonNV wrote on November 17, 2009 07:44 AM: I do not care what some advisory panel recommends. I can tell you as a business advisor that if you increase taxes or create a gross receipts or income tax then the business community will start leaving Nevada. No new businesses will set up shop here. They will go elsewhere. You need to cut expenditures on wasteful stuff and economize. The reality is that tax increases killed the New Jersey and California economy.

And Horsford on the Interim Finance Committee, don't forget him! wrote on November 17, 2009 07:08 AM: I agree with every post preceding mine.

Could this panel selection scream any louder what their objectives are? TAXES!

And, indeed, it looks like our legislators have learned "community organization" from Obama playbook. Just make sure you organize partisan and biased committees.

The political landscape better look different after November 2010. Or I think taxpayers are going to have to lawyer up against these biased and partisan "committees."

Maybe do away with the Interim Finance Committee, because it has evolved into a fiscal/political monster.

afterwords wrote on November 17, 2009 06:41 AM: This absolutely STINKS! I don't see any small business owners or employees at all! A social worker? This is bogus...I want the RJ to publish who selected this group. It's very one sided liberally biased.

br wrote on November 17, 2009 05:37 AM: Since there are 19 elite panelist, I recommend additional appointment of 20 common folks. All would work for free. Save the $253,000 for something important, like a new city hall, the mob museum, a sports arena or a statue of Oscar.

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