Gov. Charlie Baker’s First Major Administration Fraud
Massachusetts Governor Charlie Baker recently praised the passage of his fraudulent MBTA reform bill. See Governor Baker Statement on Senate Passage of MBTA Fiscal Management and Control Board.
I just wrote an email to Attorney General Maura Healey.
——– Forwarded Message ——–
Subject: Who is fighting the real culprits in the MBTA troubles? Date: Sat, 23 May 2015 13:56:27 -0400 From: Steven Greenberg To: ago@state.ma.us There seems to be a political conspiracy to shift the blame for the MBTA’s problems from Wall Street to local MBTA management.
The Boston Globe seems to be a happy participant in this effort to gain some political advantage by shifting the focus.
My blog post – The Boston Globe Covers Up for Wall Street, IgnoresSwaps Losses in Coverage of MBTA Turmoil refers to a similarly named article on the Naked Capitalism blog.
I have written to the responsible person at The Boston Globe, but have never received a response.
I have since cancelled my subscription to the Boston Globe.
Maybe something more effective would happen if the Attorney General’s office could look into the possibility of recovering the massive sums of money that the big Wall Street Banks stole from the MBTA pension funds. Recovering a large part of this loss could probably go farther to fix the MBTA’s problems than the Governor’s recently announced plan to set up a new board to watch over the existing MBTA board.
We don’t need another employment program for the well connected politicians.
/Steve Greenberg
Interested readers might also want to have a look at the Conservation Law Foundation article How NOT to Fix the MBTA: Governor Baker’s Reform Bill.