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James has eye on governor's office in 2010
Published Sunday, March 29, 2009
Photo by Brent Maze
Guest speaker: Tim James spoke at Thursday’s Clanton Kiwanis Meeting. Shown are Maurice Lyn, James and Ronnie Mitchell.
Tim James believes one of the most important things in education should be teaching kids how to read.
“If you don’t teach kids how to read, then they will never learn in school,” James said in an interview at The Clanton Advertiser office Thursday.
James, a Republican, is planning to run for Governor in 2010 to replace Gov. Bob Riley, who cannot run in 2010 because of the state constitution’s term limits on governor. Currently, the only other candidate that has announced his candidacy for governor is Rep. Artur Davis, D-Birmingham.
James, who is the son of former two-term Gov. Fob James, spoke to the Clanton Kiwanis Club on Thursday.
Education, improving the state’s economy and helping small businesses are some of the platforms that James is running on.
On the economy, James feels the excessive budget spending by both the state and federal government will cause the economy to falter.
“We must get our fiscal house in order,” he said.
James also will outline a plan to help stimulate small business growth. The key area for this is reducing business taxes.
He also said he won’t support any new taxes and wants to get back to four-year reappraisals instead of annual reappraisals for property taxes.
He also said the state prepaid tuition trust fund has also forgotten its roots.
“When the PACT program was set up, it was supposed to be a trust fund,” he said. “A trust fund shouldn’t be investing money in the stock market.
“PACT is just a reflection of what is going on Wall Street. No one thought about the risk involved by putting that money in the stock market,” he added.
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Comments
Posted by Ruckerdog (anonymous) on March 30, 2009 at 1:44 a.m. (Suggest removal)
And what about the almost half a mil of cash that they confiscated?
Posted by thecoverupgirl (anonymous) on March 30, 2009 at 10:59 a.m. (Suggest removal)
One good thing about this article, is the mention of PACT. Someone needs to watch out for our children's future, instead of the parents! It is sad that so many of us were conned by so-called "advisors" of the financial industry to invest in these things, only to lose our hard earned money. But they aren't hurting, they made their commissions after all! It all looked so great on paper, but now that my childrens money is half gone, not so good. If it is done right, and watched over by someone not making money off of the investments, we will be much better off.
Posted by katdaddy (anonymous) on March 30, 2009 at 6:16 p.m. (Suggest removal)
someone needs to watch james!!!! war eagle
Posted by TheDude (Michael Wells) on March 30, 2009 at 6:45 p.m. (Suggest removal)
HE'S BAAAACK ...
Posted by katdaddy (anonymous) on March 30, 2009 at 8:08 p.m. (Suggest removal)
just checking in
Posted by thecoverupgirl (anonymous) on April 7, 2009 at 5:42 p.m. (Suggest removal)
I totally agree with you, but "market fluctuation" doesn't apply to trust funds, or CD rates that are locked in. That's what the fine print says on these things. All investments are subject to market fluctuation, but if you get a lock on the rate it stays the same. Just like a bond. So, what I meant was that when the local "investment advisors" tell you that you won't lose money, they are not telling the truth. They make their money on market fluctuation and panic. They are paid if you invest in these things. THAT is the part that I wasn't told. There are many safe investments that you don't have to pay exorbitant commissions on, and if you are saving for a child's future, you should be made aware of them since your money will be in it for awhile. And, investing and making a profit isn't cheating, who told you that???? Anyone likes to make a profit. I just don't want the advisors making a profit from me when they know I'll lose. That's what I call cheating. And believe me, there are some cheaters in the investment business, and they aren't all 'big city', some are local and not as nice as they first appear.
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