Does Richardson Need An Independent Auditor?

Does the City of Richardson need an independent auditor? I'm sure some readers are already saying, "D'oh, yes." But bear with me as I think out loud. The answer is not self-evident to me.

After the jump, some pros and cons.

Father's Day in the Steger Garden (2011)

From Flowers

More photos after the jump.

Tort Reform and Cost Control

Given that rising health care costs is a big component of our federal budget, and given that Governor Rick Perry is dropping hints that he'll run for President, it isn't difficult to predict that Perry will cite tort reform as an example of how Perry knows how to keep rising health care costs from bankrupting the country.

After the jump, a single graph that Perry will have a hard time explaining.

How Investors See Richardson

In case you missed the news, Pillar Commercial bought Nortel's former campus in Richardson for $43.1 million. The property includes a 16-story office tower and a 3-story research and laboratory building with a total of 800,000 square feet. In other words, as our Vice President might say, it's a big, f*@#ing deal.

D Magazine's Real Points blog posted an article by the president of Pillar Commercial, Manny Ybarra, explaining his company's motivation for investing in Richardson. The whole article is worth a read.

After the jump, a choice paragraph ... and then a stop for barbecue.

Non-Profits No More

The IRS published the names of thousands of organizations throughout the US who have had their nonprofit tax exemption automatically revoked. There were 21,000 groups on the list from Texas alone. Most groups are defunct, but even active groups can make the list by failing to file an annual return for three consecutive years. The list of groups from Richardson ought to raise a few eyebrows, as I recognized some groups that are still active.

After the jump, the list of revoked groups from Richardson.