forgotston.com

There has been a lot talk about legislation that Senate President Senator Dr. Don “Doc” Hines, MD, has proposed.

Hines wants to reduce the power of State Treasurer John Kennedy over the State Bond Commission.

Until I heard Hines’s explanation on the radio Wednesday via TheDeadPelican.com, I thought the legislation was introduced by an egomaniacal politician on a vendetta.

Doc is merely trying to make the Bond Commission more “user-friendly.” “Doc” is looking after the “mom and pop” bond issuers, i.e. Commish of Agriculture Bob Odom, who appear before the commission for authorization to sell their bonds.

Apparently, Kennedy has been forcing the issuers to show that they can repay the bonds. That is most unneighborly.

If these little bond issuers are going to be forced to show that they can repay the debt they just as well go to a bank.

Thanks “Doc” for looking out for us mullets.

C.B.