I lost a few
good friends when I wrote the post, “Who’s the criminal? SCLC, Montgomery County or CareSource?
It wasn’t something you publicly say when the payroll taxes of CareSource are the only thing keeping the City coffers filled then or now.
Once again, the government is pursuing the little guys instead of the big ones. Remember in the early 80′s when we had the Savings and Loan scandal- that the bankers went to jail, but since 2009 not a single banker has gone to jail over the collapse of the global economy? Last time it was the FBI going after Raleigh Trammell (whom I saw at the non-candidates forum Wednesday night) now, it’s the people who run Richard Allen Academy for $860k:
The Ohio auditor’s office on Thursday again issued findings for recovery involving Dayton’s Richard Allen Academy charter schools, saying their management company, Institute of Management and Resources Inc., owes taxpayers nearly $860,000.
“It doesn’t appear that much has changed at the Richard Allen schools,” Ohio Auditor Dave Yost said in a statement. “Once again, mismanagement of public dollars was found. Ohio’s taxpayers and our children deserve better.”
The new findings include $730,000 that auditors said was overpaid to IMR during the fiscal year ending June 30, 2011. Additionally, there was nearly $130,000 in school funds that either found their way into IMR accounts or were IMR expenses improperly paid by the schools, said Bob Hinkle, chief deputy auditor.
And I ask again, CareSource doesn’t have any business other than taking Federal funds directed to help the poor and distributing them. For that, they pay their CEO Pam Morris over $3 million a year. Her pay is set by the people that get the money that she distributes- the Hospitals. They are also “non-profits” yet pay, in the case of Premier Health Partners- a whole bunch of executives 7 figures, including a few who make $4 million a year.
Do you see a pattern here? It’s time the federal government and local governments, be prohibited from doing business with companies that pay their CEOs millions per year in these times where we are calling for austerity. There is zero valid reason to earn over a million a year other than to rub your money in the faces of the less fortunate- and to continue to play the stock markets like a slot machine. Too many people in this country are living at or below the poverty level- losing their homes, struggling for health care- while the Federal Government has bailed the bankers out.
Now, IMR isn’t totally off the hook. While the Richard Allen Schools are at the top of school performance charts in Dayton- which is unlike a majority of the charters, they recently told their employees that the organization wouldn’t be able to pay their health insurance premiums for the next three months and then announced that payroll would no longer be done through direct deposit, but that they would have to pick up their checks.
The US government is the largest purchaser of goods and services in this country. If Congress really wanted to cut spending, or stimulate the growth of small business which is the real driver of employment in this country, stop arguing about raising taxes on the rich- just stop doing business with them.