Sentences with phrase «public money financing»

Public - private partnerships are taken; depending on the type of projects that are being made, they may have public money financing 100 % of the project or not.

Not exact matches

One bank exec who oversees US IPOs said this was «not a replacement for an IPO» since Spotify wasn't raising any money, one of the traditional purposes of an offering — to sell a portion of the company to the public to finance more growth.
But when a major contraction occurs in any capital arena — be it private equity, public equity, or banking — it inevitably has a spillover effect in the other financing markets, damaging the money - raising prospects of almost everyone.
«In troubled times like these, public companies turn to the private - equity markets because they don't have the same financing opportunities that they might otherwise possess, either by selling more stock in the secondary markets or by borrowing whatever money they need from banks,» he says.
The only time this has happened in history for a three year period or more was during World War II, when we were obviously printing enough money to finance a lot of deficit spending on infrastructure and public programs.
«In light of the issues noted above, the Bank of Israel, the Capital Market, Insurance and Savings Department, the Israel Tax Authority, the Israel Securities Authority, and the Israel Money Laundering and Terror Financing Prohibition Authority recommend to members of the public considering the use of decentralized virtual currencies to understand their characteristics, to be aware of the unique risks inherent in their use, and to display heightened awareness and caution.
The mayor of Lafayette, Louisiana has proposed the city create its own cryptocurrency to raise money for public finance, taking a cue from Berkeley, California, according to The Acadia Advocate.
The Financial Services Authority, Indonesia's financial services regulator known as the OJK, is preparing a regulation that would allow local financial technology companies to lend money directly to customers to provide more financing choices for the public, its senior officials said on Tuesday (14/02).
Unless central banks move beyond quantitative easing and actually print money to directly finance consumption or public investment, debt tends to be disinflationary, as high debt levels can calcify potential future growth and inflationary pressures.
To replace the Treasury conducting its fiscal operations independently from the banking system, New York banks urged more power over public finances and to establish the Federal Reserve to increase the supply of money (a more «elastic» issue) in response to banking needs.
 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).
In the murky world of finance there plenty of private and public financial institutions who ready to lend the money once they see how asset rich one is.
As you'll recall, two Super PACs pushing to reduce the power of money in politics by establishing a public campaign finance system (ironically) spent big money on her behalf — $ 500,000 to be exact.
Shifting swiftly to the general election, Trump says he's narrowed his list of potential running mates to «five or six» people and doesn't want to accept public money to finance a fall campaign against Clinton.
Instead of social networking, the online technology that's really shaken up 2008 is fundraising: the candidates» ability to raise almost unlimited amounts of money online has been a true game - changer, allowing Barack Obama to opt out of public financing and to begin to build a significant Democratic financial advantage for the first time in political memory.
Public financing is opposed by Senate Republicans, who hold a 32 - 29 majority, and argue that taxpayer money shouldn't go toward potentially corrupt politicians.
Skelos, a Republican from Nassau County, said he would prefer to see the money for a public financing system to go to education.
He also backs a public financing system for campaigns, but wrote in his accompanying policy book for the State of the State that the money would come from a non-taxpayer source.
But the governor, in making a refocused pitch for overhauling campaign finance laws with a system of public financing with matching dollars, told reporters earlier today in New York City he finds the process of raising money as it is now deeply unpleasant.
Connecticut has a public campaign finance system that requires a certain percentage of locally - raised money in order to qualify for matching funds.
«The fight against money laundering and terrorist financing is recognised as an important public interest ground by all member states,» the directive states.
Under Cuomo's proposal, donations to statewide candidates would be capped at $ 25,000 for those not receiving public money and $ 12,000 for those participating in the new publicly financed system.
Then there was the most recent stick in the eye: forcing on Dinapoli a pilot public financing program — only for his race — that would make the comptroller give back more than two - thirds of his campaign money or suffer a P.R. hit.
«The 6th District and America need to stop big corporate money from privatizing our democracy, which means public funding for public elections as we have in NYC and a DISCLOSE act so anonymous money from billionaires doesn't buy our government,» said Green, who is the author of Who Runs Congressand Losing Our Democracy, as well as the author of the multiple matching funds for small donors part of the City's campaign finance law.
Every Friday, the Brennan Center compiles the latest news concerning the corrosive nature of money in New York State politics — and the ongoing need for public financing and robust campaign finance reform.
But absent the full public financing of campaigns statewide, Benjamin said «my experience, over time is that money, like water, finds a path.»
Susan Lerner, Executive Director of Common Cause / NY, noted that «Hydraulic fracturing has been one of the most polarizing issues in recent history, with no shortage of political money invested by pro-fracking interests to achieve a favorable outcome... New York State needs comprehensive campaign finance and lobbying reform to assure New Yorkers that public policy is based on their interest, not the special interests.»
Expenses incurred after 30 June 2012 by New Zealand Post Limited in the administration of Part 5 of the principal Act and arising from commitments New Zealand Post Limited entered into after 17 August 2009 and before 1 July 2012 may, with the approval of the Minister of Finance, be paid by the Crown or by the Electoral Commission (in either case) out of public money appropriated by Parliament.
I have no objection to private industry being involved in building schools etc under public sector management, but, as has been detailed time and time again, the financing issues are simply a licence for banks and investment companies to print money.
The only answer is comprehensive campaign finance reform, starting with a statewide public financing system to elevate the voices of average voters, who are too often forgotten amidst the search for big money.
New York City Mayor Michael Bloomberg, a billionaire, opted out of the public campaign financing system in his election campaigns, and spent his own money instead.
19 December 2011 — COMMITTEE ON STANDARDS IN PUBLIC LIFE Question: To ask Her Majesty's Government how much they estimated the inquiry by the Committee on Standards in Public Life into party political finance would cost; what the final cost of the inquiry was; and how they would assess what represents value for money in the case of such inquPUBLIC LIFE Question: To ask Her Majesty's Government how much they estimated the inquiry by the Committee on Standards in Public Life into party political finance would cost; what the final cost of the inquiry was; and how they would assess what represents value for money in the case of such inquPublic Life into party political finance would cost; what the final cost of the inquiry was; and how they would assess what represents value for money in the case of such inquiries.
«Whatever it is you think state government should or shouldn't be doing, with public financing you have a much better chance of having your voice and your neighbors» voices heard and not drowned out by big money,» Scharff said.
During this and future campaigns, Hagelin favored abortion rights without public financing, campaign finance law reform, improved gun control, a flat tax, the eradication of PACs, a ban on soft money contributions, and school vouchers.
We should be here because we care about what happens to New York and what happens to New Yorkers, and we should be prepared to work together as public servants to do that, despite the outsized influence of money, which, because our Republicans continue to stop any notion of campaign finance reform, we continue to deal with.»
The groups, also strong supporters of comprehensive campaign finance reform built around a core of public financing of elections, today focused on the urgent need for ethics reform as another essential way to address the problems created by a money culture in Albany.
The make up of the state Senate has not changed from last year, and the GOP still opposes public financing of campaigns, calling it a waste of the taxpayer's money.
Saying he won't be a «convenient sacrificial lamb,» state Comptroller Tom DiNapoli says he won't opt in to a test system for public campaign finance that applies only to his office, and would use money from the comptroller's unclaimed funds to pay for it.
With no new money committed to capital spending over that announced in March's Budget, however, the Social Liberal Forum is concerned that further cuts to current spending in the Chancellor's Spending Review are unlikely to repair public finances in the absence of robust economic recovery.
He is also not participating in the state's public financing program, saying he is philisophically opposed to using taxpayer money to fund campaigns.
The full bill, which can be read here on the State Assembly website, in addition to providing new contribution limits and enforcement rules, also stipulates that the public campaign fund would be partially financed with money from Wall Street fraud settlements.
In preparation for the launch of the Fair Elections for New York campaign, a series of events in Albany and across the state are being held to call attention to state legislators» reliance on out - of - district campaign contributions — further evidence of the need for a state public campaign finance system that relies on small donors and local money.
«An unusual and well - heeled coalition, trying to tap public anger over the flood of money into politics, is pushing to enact a public financing system for elections in New York State,» reported the New York Times in a front - page article on the New York Leadership for Accountable Government (NY LEAD) coalition.
The public financing system for the comptroller's race as devised in the budget will use money from the comptroller's unclaimed funds pool.
The majority of the 25 Moreland Act commissioners say a public campaign finance system modeled on New York City's matching donor system is the only way to curb the undue influence of big money donors in state government.
However, another prominent Republican, Onondaga county district attorney Bill Fitzpatrick — who is investigating public corruption in the state as the co-chair of the Moreland Commission — thinks public financing would be an excellent use of public money, leading to long - term savings for taxpayers.
But public financing of elections, a system designed to take the big money out of politics, would be «key» to any ethical reforms of state government, he said Wednesday at a daylong symposium on ethics and government at Albany Law School.
Term limits and outside income bans for lawmakers are silly ideas, according to former LG Richard Ravitch, but public financing of elections, a system designed to take the big money out of politics, would be «key» to any ethical reforms of state government.
With public financing of campaigns WE would allot a finite amount of money which could only come from the taxpayers instead of corporate donors thus they would automatically be working for the voters only which would beholden them to the public automatically forcing them to do our will versus others.
There's a continuing push for public financing of campaigns, arguing it removes the influence of big money and allows challengers who would have trouble raising money to run.
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