
The lead story in Sunday’s Boston Globe concerns Governor Deval Patrick and his quest to secure far broader powers for the Governor's office than have been available to his predecessors.
No worries, citizens! Mr. Patrick is a
good person with an
inspiring life story.
The Globe article by Frank Phillips focuses early and often on the most unsavory aspect of an alleged deal between Patrick and Beacon Hill leaders: Patrick will allow them to allocate more and bigger financial perks to their sycophant-supporters in the House and Senate provided the leaders support Patrick’s effort to “reform” independent state agencies.
But as is often the case with Boston Globe articles, you learn faster by reading the article in reverse from the end to the beginning. Below are a few key points from the article in reverse order. Notice how this brings the most important considerations to the head.
Bondholders, along with many companies that deal with the agencies, may raise concerns over the upheaval that would ensue.
One area where I suspect our new Governor has not yet a clue concerns the immense power of financial markets over the state and the inability of any state officeholders to change that.
The ability of state agencies to raise money at low interest rates is dramatically enhanced by their independent sources of revenue (increasing tolls, for example), by their distance from the annual Massachusetts budget process, and by the deliberately created difficulty of the sitting Governor gaining control over them. If Wall Street gets worried about Deval’s “reforms” all these agencies are going to pay higher interest on their debt, reducing the value of any “streamlining and reforming” that Patrick does.
Patrick's attempts to gain control of the authorities would run counter to the long standing legislative rationale for creating the independent authorities: that it insulates them from the state budget process and the volatility of state politics.
A very good point. Independence insulates them to some degree not just from the “volatility” but also from the patronage, the corruption, the expedience, and the cravenness for which our elected representatives are so well known. This is not merely a legislative rationale. Capital markets also prefer this structure.
Like past governors, Patrick would have to wait until the end of his term before his appointees capture a majority on the boards that control the agencies, which operate some of the most important projects and operations in Massachusetts. The agencies are now controlled by Romney appointees. In his first full day in office this month, Patrick told reporters that control of the state's independent agencies would be key to creating an effective and streamlined administration. He said he needed the control in order to be able drive his agenda.
Funny that Mr. Patrick never mentioned this need during his campaign. His backers are learning that “Together We Can” really means “Given More Power I Can”.
On the target list are such high-profile agencies as the Massachusetts Turnpike Authority, the MBTA's governing board of directors, the various boards that oversee the state's education policies, and the authorities that control and finance economic development projects for the state. Patrick is not expected to include the Massachusetts Port Authority on his initial list.
Why not Massport? See the first item above, I suspect. Massport has a lot of debt and will need more. Wall Street might shiver without this explicit exclusion.
Much is at stake for Patrick, who needs the cooperation of the Legislature to approve plans to streamline some of the quasi-public authorities and independent boards that control -- and often conflict -- with the policies that governors want to put in place. Patrick is said to be focused on education, transportation, and economic development. He has not released the details of his proposal.
Disclosing details and substance concerning his policies is not a strong suit for Mr. Patrick. But note how much this manner of working is reminiscent of what the Globe would call “back room dealing” if the same was done by others. Now on to the silliness of the deals…
The deal under negotiation would allow [House Speaker] DiMasi and Senate President Robert E. Travaglini to beef up the stipends and give them to more lawmakers, according to sources. In so doing, they can expand their influence, creating a stronger band of loyalists.
That’s our big need? We need less independence on Beacon Hill and (even) stronger leaders in the House and Senate who rule large numbers of loyal supporters tied to their leaders by patronage and perks? Isn’t that the culture of Beacon Hill as it has been for decades?
Lawmakers who lead committees or serve as top deputies to the House speaker and Senate president are paid $7,500 to $15,000 on top of their annual salaries of $55,569. The leaders of the two Ways and Means committees receive an additional $25,000…"They need to work it out," said one source, who asked to remain anonymous because negotiations are ongoing. "The governor is not going to roll. He feels he is going to take the heat for it, so he wants something for it." The source noted that Patrick took a political risk when he restored $383 million in emergency budget cuts that Romney made in his final days in office.
Some risk. He gave all that money back in order to keep everybody on Beacon Hill happy with him.
Governor Deval Patrick, in a significant departure from former governor Mitt Romney, is contemplating a deal with Democratic legislative leaders that would grant significant pay raises to their top lieutenants in return for their support in implementing his plans for sweeping government changes, according to sources involved in the discussions.
“Together We Can”