Friday, March 13, 2009

Fun Friday - How much is one trillion?

Let's have a little fun as the week closes this Friday the 13th.

How much is one trillion?

What does one trillion look like?

The slideshow put together using Google Docs starts with a familiar object, the size of a dollar bill and puts together what one trillion looks like.

Quite impressive!



Enjoy!


Thanks to Ms Meyer, an English teacher from Conroe, TX for putting this together to share.

Thursday, March 12, 2009

Financial Plng Comm 03/12/09

The live reporting for the Financial Planning Committee meeting on March 12, 2009 can be found here:

Panel on Government and its role in the Economy (Summary)

The panel discussion on Monday morning, Mar 9, 2009 at Franklin High school was an instructional moment in politics and civics. The discussion was recorded and is available for listening in three parts.

Part One

Vice Principal Joe DiLorenzo provided the welcoming remarks and the introduction of the panel.
The panel included:
  • Congressman James McGovern
  • State Senator Scott Brown
  • State Senator Karen Spilka
  • Majority Leader of the House, Representative Jim Vallee
  • Town Administrator Jeff Nutting
  • Town Council Chairperson Chris Feeley
The moderator for the discussion was Franklin High School Senior April Crehan.

The first question that everyone on the panel got to answer was summarized as: "What is the proper role of government in our economy?" They spoke in the following order so you can make out who's voice belong to who. McGovern, Spilka, Brown, Vallee, Nutting, and Feeley.

Listen to Part One here

Part Two

Question - Senator Brown, you spoke of reform in your response, indicating that Governor Patrick has been in office for 2.5 years and has not done any meaningful reform, if you were in charge what reform would you make?

Answered by Brown, Spilka

Question - How do you think that market panic has contributed to the economic downturn?

Answered by Feeley, Nutting, Vallee

Question - How do we help people with mortgage foreclosures and business on Wall Street with bailouts?

Answered by McGovern, Brown, Spilka

Listen to Part Two here

Part Three

Question - When you are creating bills to help people in the foreclosure crisis, do you plan on differentiating between predator lenders, those who made poor choices and those with unfortunate circumstances? or do you plan on doing so?

Answered by Brown

Question - Have you agreed to a salary freeze for next year?

Answered by Nutting, McGovern, Vallee, Brown, Spilka, Feeley

Question - What's your opinion on the stimulus package that was recently passed?

Answered by McGovern, Brown, Spilka

Interesting side note: Brown challenged McGovern on the number of earmarks supposedly in the package. McGovern came right back with "There are none." Brown insisted there are and that they would take it offline to resolve. This occurs about 9:50 into the recording.

Senator Spilka gets cut short as the bell rings.

Listen to Part Three here

Pictures from this event can be found here

FM #35 - Panel on Gov't and Economy - P3

This is #35 in the series of podcasts on what matters in Franklin MA. This is the third part of a three part panel discussion recorded at Franklin High School on Monday Mar 9, 2009.

Time: 13 minutes, 57 seconds



MP3 File


Session Notes: FM #35

Music intro
My intro

This internet radio show or podcast for Franklin Matters is number 35 in the series.

This session is a special one. On Monday morning, March 9, 2009, there was a panel discussion on the government and its role in the economy. The panel included Congressman James McGovern, State Senator Scott Brown, State Senator Karen Spilka, Majority Leader of the House, our own Jim Vallee, Town Administrator Jeff Nutting, and Town Council Chairperson Chris Feeley. The panel was held at Franklin High School and put together by Michael Walsh. The moderator was FHS Senior April Crehan. The session was well attended by students but only a handful of citizens took part.

Now you can share in that opportunity. What follows is the audio recording of the panel discussion split into three parts.

The first part covers the introduction of the panel and moderator and the first question which all had a chance to talk to.

The second part covers three questions. This third part also covers three questions and the closing is cut off by the bell for the students to change class periods.

Thanks to all the panelists for sharing their thoughts in this forum.

Thanks also to Mike Walsh for the opportunity to provide this recording for those who missed to take part.

--------------

This podcast has been a public service provided to my fellow citizens of Franklin, MA

For additional information, please visit Franklinmatters.blogspot.com/

If you have questions or comments you can reach me directly at shersteve @ gmail dot com

The musical intro and closing is from the Podsafe Music Network
Jon Schmidt - Powerful Exhilarating Piano Music

Live reporting - Financial Plng Comm - cont'd

Data integrity checks; keeping the original sources marked and separate to come back to when the deck is complete

always took the conservative number and one that could be reasonably justified

bulk of employment has gone down from the schools but the school population has still increased

the town employment side has lost employment while the number of roads, houses, population has all increased

there are a lot of interesting things that aren't going to make the cut

one of the key values of the chart showing the overall per pupil cost in comparison to other relative communities, is that we are not overspending

The state aid will be a variable within a range, what reasonable conclusions can we draw about the possible ranges for state aid? Could it be flat, sure. When will the recovery occur? Anyone's guess but when it does come back, all the revenue streams, income tax, excise tax, etc. will increase and help.

The best guess is the most conservative, flat next year, and modest increases thereafter.

It could go below flat if we don't get a recovery for 2011

Next meeting: March 26th
Focus group: April 2nd

Live reporting - Financial Planning Committee

Attending: Cameron, Hardesty, Whalen, Bartlett, Nutting, Zollo, Wilschek
Absent: Kelly, Trahan, Roche, Ogden,

Discussion on override history added to one table but while the numbers are not completely accurate, even if it were, it doesn't add much of relevance to the discussion.

Some handouts for review, not all the package was reprinted.

Objectives for tonight:
  • revisit the assumptions from last week's draft
  • objectivity of the process
  • ensure accuracy of the data and report

discussion on relevance of data that is directly from the DOR Franklin at a Glance section

FM #34 - Panel on Gov't and Economy P2

This is #34 in the series of podcasts on Franklin, MA Matters. This is the second part of the panel discussion on government and their role in the economy recorded at Franklin High School, Monday, March 9, 2009

Time: 21 minutes, 32 seconds



MP3 File

Session Notes: FM #34

Music intro
My intro

This internet radio show or podcast for Franklin Matters is number 34 in the series.

This session is a special one. On Monday morning, March 9, 2009, there was a panel discussion on the government and its role in the economy. The panel included Congressman James McGovern, State Senator Scott Brown, State Senator Karen Spilka, Majority Leader of the House, our own Jim Vallee, Town Administrator Jeff Nutting, and Town Council Chairperson Chris Feeley. The panel was held at Franklin High School and put together by Michael Walsh. The moderator was FHS Senior April Crehan. The session was well attended by students but only a handful of citizens took part.

Now you can share in that opportunity. What follows is the audio recording of the panel discussion split into three parts.

The first part covers the introduction of the panel and moderator and the first question which all had a chance to talk to.

This second part covers three questions. The third part also covers three questions and the closing is cut off by the bell for the students to change class periods.

Thanks to all the panelists for sharing their thoughts in this forum. Thanks also to Mike Walsh for the opportunity to provide this recording for those who missed to take part.

--------------

This podcast has been a public service provided to my fellow citizens of Franklin, MA

For additional information, please visit Franklinmatters.blogspot.com/

If you have questions or comments you can reach me directly at shersteve @ gmail dot com

The musical intro and closing is from the Podsafe Music Network
Jon Schmidt - Powerful Exhilarating Piano Music