Category Archives: Economy

Dump CCA and other private prison stocks now –smart analysts

If business is so good, why did CCA lose two contracts for new prisons in Georgia last year when neither the state nor the feds had enough prisoners to fill them? And why was the private prison in Ocilla nearly sold at auction? Why this year was Gladiator School closed and two other CCA prisons cancelled? And all that was before U.S. DoJ announced today it will “avoid charging certain low-level and nonviolent drug offenders with crimes that carry mandatory minimums”.

Ed Arnold wrote for Memphis Business Journal 23 July 2013, Corrections Corp. of America debunks Anonymous report,

As reported on Monday, the computer hacking collective known as Anonymous Analytics published a blog warning investors that a declining prison population and reforms designed to reduce incarceration rates in the U.S. point to shrinking revenue for Corrections Corporation of America (NYSE: CXW) going forward.

CCA flatly denied the Anonymous Analytics conclusions in a statement.

CCA apparently didn’t dare link to the actual report. Anonymous Analytics wrote 9 July 2013, Corrections Corporation of America: The Dismantling of a National Disgrace, Continue reading

Avoid charging low-level and nonviolent drug offenders –U.S. DoJ

It’s about time! The War on Drugs has failed, admits the U.S. Department of Justice, by saying it will “avoid charging certain low-level and nonviolent drug offenders with crimes that carry mandatory minimums”.

Ryan J. Reilly wrote for Huffpo today, Eric Holder Outlining New Justice Department Drug Sentencing Reforms,

The Justice Department will avoid charging certain low-level and nonviolent drug offenders with crimes that carry mandatory minimums, Attorney General Eric Holder will announce Monday. The policy shift will allow certain defendants — those without ties to large-scale organizations, gangs or cartels — to avoid what Holder called “draconian mandatory minimum sentences.”

Holder, in a speech before the American Bar Association in San Francisco on Monday, Continue reading

No mold or unpaid contractors this time for Moody Housing @ GLPC 2013-07-29

Unlike Moody AFB’s last go at privatizing housing, no mold or unpaid contractors this time, or so we’re told. But not so solid assurances that local contractors will be used. And what if this new thing turns into something radically different like Nelson Hill did only a short way up Val Del? GLPC Voting

Speaking for that proposed privatized Moody housing on Val Del Road, Lawyer Tom Kurrie said this was “an opportunity for our community”. He spelled out that the proposal was “90 homes for off-base houses, for enlisted personnel, non-commissioned officers, and officers”, with gates. He went on about Balfour Beatty‘s experience in building such housing, and their option to build Phase II, although at the moment they’re only requesting Phase I. He said “the unfortunate issue that took place with the prior development” would not occur with this one.

I can guess he’s referring to the mold issue, Beth Mahoney detailed in Little Rock Military Families Examiner 6 April 2009.

Or since he lauded Balfour Beatty’s credit rating, maybe he was referring to the nonpayment of subcontractors, as Kari L. Sands wrote for VDT, 4 March 2007, Military housing woes: Non-payment forces work on military housing project to stop.

Preferred Builders and Renovators, LLC., the Home Builders Association of South Georgia and CMS/ Dumpster Co. are among those affected. Subcontractors are alleging that Continue reading

Gated Moody housing on Val Del Road, REZ-2013-09 @ GLPC 2013-07-29

Only 81 of 396 proposed units have been built at current Moody Family Housing on Roberts Road. Why should we build more on Val Del Road?

At the 29 July 2013 Greater Lowndes Planning Commission meeting, County Planner Jason Davenport said that in addition to the initial materials for GLPC, he’d provided an update about Magnolia Grove, which was Phase I of Moody Family Housing. The real reason for the rezoning wasn’t stated in the initial materials given to GLPC. In the materials obtained through open records request, we can see that the GLPC agenda item contained the boilerplate “The general motivation in this case appears to be so that the subject property can be developed at a greater residential density.” In the update it’s assumed that the real reason is housing for Moody personnel, since Magnolia Grove is the existing Moody housing off of Roberts Road. Which isn’t even built out yet, as you can see in this map from the county Tax Commissioners, so why does Moody need more housing?

Lots of interesting back history in that July 29th GLPC Lowndes County Rezoning Update – 2, to which I’ve added Continue reading

TRC and GLPC recommended subdivision that doesn’t improve traffic or safety, REZ-2013-09

What is so important about yet another subdivision of 360,910 square feet in 173 houses when we have a glut of houses that the TRC unanimously recommended it despite significant defects and omissions? According to Technical Review Committee (TRC) analysis, REZ-2013-09 Moody Family will not lessen congestion in the streets or secure safety from fire, panic, and other dangers. TRC also said the application didn’t meet ULDC standards and in somewhat tortured language: “although not a proposed condition, it should be noted on this request that a future traffic study will be required.” Why not require these things before even sending the application to the Planning Commission?

In email to the Greater Lowndes Planning Commissioners of 23 July 2013, forwarded to the applicants 29 July 2013, July 29th GLPC Lowndes County Rezoning Materials,

2) REZ-2013-09 Moody Family, 0072 191, Val Del Rd, 64.92 ac., 2 lots, R-1 to Residential PD, County Utilities

a) The TRC recommended approval of the request unanimously.

b) Additionally, although not a proposed condition, it should be noted on this request that a future traffic study will be required. Acceleration lanes/Deceleration lanes and/or a dedicated left turn lane may be required.

Rumor has it that this development is being pushed not by Moody AFB, rather by Continue reading

AT&T says it invested $675 million in networks in Georgia first half 2013

Let’s compare T’s recent investments in various states. The telco and cableco incumbents played this game back in 2004, too, going on about how much they were investing, so the Valdosta City Council wouldn’t vote to do its own municipal network. What’s the plan to get fast (100Mbps+) affordable (less than $30/month) Internet access everywhere in Georgia?

Christopher Seward wrote for AJC 8 August 2013, AT&T: $675M invested in Georgia networks,

T 4G (not LTE) Coverage in Georgia AT&T said Thursday it invested more than $675 million to upgrade its wireless and wired networks in Georgia in the first half of the year.

The investments include new cell towers—base stations used to send signals to mobile phones—more antenna reach, improvements to its 4G LTE network for quicker data downloads and more Wi-Fi hotspots, the company said.

Here’s the actual T PR of 9 August 2013, AT&T Invests More Than $675 Million in Georgia Wireless and Wireline Networks, which has some details about cable, 4G LTE, etc., including this: Continue reading

VDT links Plant Vogtle nuke cost overruns to Kemper Coal

Even the VDT has caught on to cost overruns for Kemper Coal and the new nukes at Plant Vogtle.

VDT posted an AP article 29 July 2013, Miss. deal may figure into Georgia nuclear plant, and Charlotte Observer posted it the day before, including Ray Henry as the author,

In Mississippi, the Southern Co. utility took financial losses when the cost of building a new power plant went over budget. In Georgia, another of the company’s projects is going over budget, but it has not yet taken a financial hit.

Southern Company subsidiary Mississippi Power promised utility regulators that it would charge its customers only for $2.4 billion in costs for building a coal-fired power plant in Kemper Country. Those customers will also have to pay off another $1 billion in bonds for the project, though the utility cannot make a profit off that borrowed money.

The utility’s deal in Mississippi has become a point of debate as Georgia regulators consider who should pay for the increased cost of building two more nuclear reactors at Plant Vogtle (VOH’-gohl), southeast of Augusta. Public Service Commissioner Tim Echols said he wants Southern Co. subsidiary Georgia Power to consider a Mississippi-style deal here, and Georgia regulators are carefully tracking financial developments in Mississippi.

Echols said he was interested in the idea of a project spending cap.

“I’m sure when they made that deal they didn’t think they were going to over the cap, but they did,” Echols said.

Oh, come now, they went 26 times over budget last time. Why would anyone believe Continue reading

Planning Commission on subdivision next to Moody AFB, REZ-2013-08 MFH Tract A @ GLPC 2013-07-29

Now you can see what they were looking at: those documents are on the LAKE website for REZ-2013-08 MFH, for a subdivision on Roberts Road immediately next to Moody AFB.

First County Planner Jason Davenport said a few words about the TRC recommendation.

Commissioner Ted Raker (Hahira) wanted clarification about this application would require additional changes to meet the requirements of the Unified Land Development Code (ULDC), specifically that it would not help with safety, fire, health, general welfare, etc. “In fact seven out of the eleven were negative.”

Davenport confirmed that that was correct, and that was staff’s analysis. Staff paid by your tax dollars, so you shouldn’t have to file an open records request and pay ten dollars when staff could just put it on the web with the GLPC agenda, which they also don’t now but could easily put on the web.

Nobody spoke for the request. Numerous people spoke in opposition.

Tom Kurrie said in 38 years of practicing law Continue reading

Documents for REZ-2013-08 MFH Tract A on Roberts Road

What the TRC recommended, who the TRC is, the parcel numbers, the Planning Commission board packet, and other related documents are on the LAKE web server for REZ-2013-08 MFH Tract A, 0181 025B & 0181 027, Roberts Rd, 123.45 ac., MAZ I to Residential PD, 184 lots, County Utilities, the rezoning next to Moody AFB that has been withdrawn. The parcel numbers above were not in the GLPC agenda but are in the recommendations of the Technical Review Committee (TRC).

Lowndes County Planner Jason Davenport to TRC 23 July 103, July 29th GLPC Lowndes County Rezoning Update,

Good afternoon Planning Commissioners.

Based on the TRC meeting this morning please find this month’s TRC rezoning recommendations and current analysis below or attached to this e-mail. Continue reading

Proposed development next to Moody AFB has been withdrawn (REZ-2013-08)

Received in response to an open records request to Lowndes County, here is the developer’s withdrawal letter, and correspondence between Lowndes County Zoning and Planning with Moody AFB confirming that this was indeed REZ-2013-08 MFH Tract A on Roberts Road that was withdrawn. It seems the U.S. Air Force would also like to see GLPC minutes online; that request came from Deputy, Housing Division, Air Force Civil Engineering Center, located in San Antonio, Texas.. Also, doesn’t Georgia open meetings law require a summary of actions taken within a few days of a Planning Commission meeting? -jsq

Date: Mon, 29 Jul 2013 19:56:40 -0400
Subject: MAZ-1
From: Roger Sevigny <rsevigny@alleneng.net>
To: Jason Davenport <jdavenport@lowndescounty.com>, <bslaughter@lowndescounty.com>
Cc: Mike Fletcher <mfletcher@lowndescounty.com>, Joe Pritchard <JPritchard@lowndescounty.com>

Gentlemen,

I had no idea of the county anger with MFH LLC. I thought Continue reading