Albany County

We Have a New Candidate for Humpty Dumpty

March 21, 2012 Budget

We said here that it seemed that the leadership of the Albany County Legislature was trying to cover their tracks by confusing everyone. Are they succeeding? Here’s the latest story from the Times Union. We’ll get to the substance later, but at least the State Health Department isn’t buying what Shawn Morse is selling: What’s […]

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Feckless Chapter 2: Albany County Legislature is Clumsy or Slick?

March 20, 2012 County Government

You have got to be kidding me! Well, you could be kidding me or you could be kidding me. Or us. The leadership of the Albany County Legislature has rushed past feckless to either a clumsy attempt at deception or a really slick effort at self-defeat. Or perhaps they really can’t see past the next […]

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Interest Costs. Just a Reminder

March 20, 2012 Capital

If you have ever had a mortgage to pay, you know painfully well how much you pay in interest costs over the life of the mortgage. With interest, total acquisition costs often come close to doubling the purchase price. A new Albany County Nursing Home project (by their own numbers) will require borrowing $70.842 million. […]

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Aww. C’mon

March 20, 2012 Uncategorized

Such a beautiful day for a two-wheeled vehicle … But our friends at the Albany County Legislature just won’t let us go play. More on that shortly.

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In My Next Life I Want to be a Cartoonist!

March 14, 2012 County Government

John De Rosier just said in one picture what I and many others have spent thousands of words on. Here’s betting that this picture represents a turning point. Go look now!!! Still laughing.

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They May be Feckless, but I Agree With Their Numbers

March 13, 2012 County Government

Just to be clear regarding that last post, I think the estimated losses of around $26 million are sound estimates. Lousy process, lousy policy, but sound estimates.

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Feckless

March 13, 2012 County Government

So now that we’re up to date … A major part of last night’s nursing home debate in the Albany County Legislature was “where did the $26 million figure come from?” That’s the projected annual loss to the County in operating a new nursing home. And members of the Legislature have no idea where the […]

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Here We Go Again on Albany County Nursing Home. Let’s Get Up to Date

March 13, 2012 County Government

Where, oh where to start on the latest round regarding a new Albany County Nursing Home? There are so many possibilities. Before getting into the very latest, let’s start by bringing those just joining us up to date. For the new folks, here’s the story so far. Albany County submitted a certificate of need application […]

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So What’s a New County Executive to Do?

February 26, 2012 Budget

Dan McCoy, Albany’s new County Executive will present his first State-of-the-County address this evening, March 5, 2012. What’s he going to say? Here’s my first prediction. Dan McCoy is going to call for selling the Albany County Nursing Home. Why, after building his political coalition among legislators and others, who overwhelmingly wanted to stay in […]

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Sell it Now!

February 14, 2012 County Government

So if New York does the right thing and tells Albany County that no, they cannot build a new money-losing nursing home, what happens next? And before the State acts, if the odds are say 50/50 or higher that the State will reject the application, what should be done in the meantime? Sell it. Sell […]

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