Monday, July 24, 2006

DECO Buy or Sell?

On the top of the front page of the Southern Illusion today there is a Jim Muir interview with Judy Barr Topinka. She is calling for breaking up the Department of Commerce and Economic Opportunity (AKA DECO). If we view DECO as a stock, would be buy or sell?

I have to admit that my experience with DECO under Gov. Rod is pretty bad. It is completely political, non-existent results, stupid and misplaced spending. As far as I can tell it is pork barrel and not much more (you know if you get the money they are smart and if someone else gets it there is waste).

Should be there private interaction with this kind of state giveaway/economic development institution? It would be impossible for DECO to do worse IMHO, so changing makes sense. Is Topinka my favorite in the governor race? No, both candidates seem like business as usual, bought and paid for modern politicians.

On DECO in its current form, I'm a SELL. Better reorg that group of break it up, it isn't working.

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