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Daily Compliance News

Daily Compliance News: August 6, 2024 – The Texans Don’t Want Corruption Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen to the Daily Compliance News. All from the Compliance Podcast Network.

Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

In today’s edition of Daily Compliance News:

  • Texans don’t want corruption in government.  (YahooNews)
  • Law firms should let associates unplug (good luck with that). (Reuters)
  • Banned AI chips coming into the US. (NYT)
  • Who makes the corporate rules? (FT)

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Daily Compliance News

Daily Compliance News: July 26, 2024 – The Whistleblower Compensated Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen to the Daily Compliance News. All from the Compliance Podcast Network.

Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

In today’s edition of Daily Compliance News:

  • Maersk pays $700K for wrongfully terminating a whistleblower. (WSJ)
  • The end of the Texas miracle. (FT)
  • Does Chipotle cheat customers? Not on purpose.  (NYT)
  • Crash victims’ families to oppose new Boeing DPA. (Reuters)

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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The Hill Country Podcast

The Big Empty On 5 Economic Issues Facing Texas Today: Part 5-Housing

This is a special podcast series on current economic and cultural issues faced by the state of Texas, its governments, and its citizens. We will explore these issues with author Loren Steffy through the prism of his book The Big EmptyThe Big Empty, set in 1999, is a tale about the sense of place and tells the story of a fictional company AzTech which builds a semiconductor plant in the dying west Texas city of Conquistador. The attempt is beset by the clash of cultures in bringing Silicon Valley tech entrepreneurs to rural Texas. The book also raises multiple economic issues facing Texas as we move toward the mid-21st century. Over this 5-part podcast series, we will consider the following issues facing Texas today: water, power, land investment, housing, and the clash of cultures.

In Episode 5, we look at the issue of housing in Texas. In the book, the newcomers build a gated community with a huge fountain at the entrance. There is a private golf course attached to the gated community. What happens to small towns when a large manufacturing plant moves in? What happens to the property values? Where can local teachers, firefighters, and police live? What happens when incoming plant workers have to live in other towns? What is affordable housing? What is achievable housing? Do you want long or even short-term rentals to propagate in your small town? These and other affordable living issues are front in center in Texas today.

Purchase The Big Empty

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The Hill Country Podcast

The Big Empty On 5 Economic Issues Facing Texas Today: Part 3-Land and Development

This is a special podcast series on current economic and culture issues faced by the state of Texas, its governments and its citizens. We will explore these issues with author Loren Steffy, through the prism of his book The Big EmptyThe Big Empty set in 1999, is a tale about the sense of place and tells the story of a fictional company AzTech which builds a semi-conductor plant in the dying west Texas city of Conquistador. The attempt is beset by the clash of culture in bringing Silicon Valley tech entrepreneurs to rural Texas. The book also raises multiple economic issues facing Texas as we move towards the mid 21st century. Over this 5-part podcast series we will consider the following issues facing Texas today; including water, power, land investment, housing and the clash of cultures.

In Episode 3, we consider land and development. How was the town of Conquistador able to get AzTech to build a semi-conductor plant in their hometown. What are the laws in Texas which allow communities to cut taxes for new development and how are those laws employed? How do Chapter 313 incentives work? Who makes up the school district tax revenue shortfall? What is the resort effective and how does that impact local property values? How will Texas compete with other states for development going forward. For Texas to continue to grow it will have to entice companies to Texas but will it continue to do so based upon the pocketbooks of its citizens?

Purchase The Big Empty

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The Hill Country Podcast

The Big Empty On 5 Economic Issues Facing Texas Today: Part 1-Water

This begins a special podcast series on current economic and culture issues faced by the state of Texas, its governments and its citizens. We will explore these issues with author Loren Steffy, through the prism of his book The Big EmptyThe Big Empty set in 1999, is a tale about the sense of place and tells the story of a fictional company AzTech which builds a semi-conductor plant in the dying west Texas city of Conquistador. The attempt is beset by the clash of culture in bringing Silicon Valley tech entrepreneurs to rural Texas. The book also raises multiple economic issues facing Texas as we move towards the mid 21st century. Over this 5-part podcast series we will consider the following issues facing Texas today; including water, power, land investment, housing and the clash of cultures.

In Episode 1 we consider water and water resource in a time of water scarcity. In the book, the newcomers build out a lake which sits in the front of their gated community and is used to water their private golf course. We explore questions of where water is found and how is it delivered, transmission to move to water where you need it and what happens if you have too much water. We consider the clash of culture in using water to create a water feature for a gated community that is either seen as a positive by its residents or a waste of water in the time of draught by the locals. Water as a sustainable commodity is a question facing Texas today and for the future.

Purchase The Big Empty.

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Hill Country Authors

Robert Locander and Richard Shaw on the Real World of Texas Politics

Welcome to the award-winning The Hill Country Authors Podcast. In this podcast, Hill Country resident Tom Fox visits with authors who live in and write up the Texas Hill Country.  In this episode, I visit with Bob Locander and Richard Shaw, who together with Kevin Bailey are the authors of the Real World of Texas Politics. Richard is a former union official, and Bob taught Texas politics at the University level. They have put together a great one-volume resource on what moves Texas politics, which of course is money. They write from their own experiences and advise on how the people of the state of Texas can get their democracy back.

Resources

Real World of Texas Politics on Stoney Creek Publishing

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Blog

Will I Come Home From School Alive?

Starting today, every schoolchild in Texas will have to ask “Mom, will I come home from school alive today?” Every child whose parent is a schoolteacher will have to ask “Mom, will you come home alive today?” In all my years of primary and secondary school, I never had to say these things, let alone even think them. Now because of the policies and continued inaction of the government of the state of Texas, we have to do so.

Uvalde is 60 miles from my hometown of Kerrville. It is the county seat of the next county over from Kerr County. My parents were teachers, my mother taught elementary school for 30 years and my father was a professor for 25 years. So, this one hits very close to home, literally.

Monday saw one of the worst massacres ever of a schoolhouse. 21 total dead, including 19 children under the age of 10, were killed at the Robb Elementary School in Uvalde. Why were they murdered? We will never know the answer to that question. What we do know is that the perpetrator, Salvador Ramos, who turned 18 on May 16, bought not one but two AR-15 rifles and over 350 rounds of ammunition the day after his birthday. He shot his grandmother, posted on Facebook about it and then went out hunting.

What has been the response of Texas government officials? It starts with a prayer for the dead. Government Abbott says Texas is praying for you. I suppose he is also praying for no more school massacres under his gubernatorial watch but since that did not work for the Santa Fe High School in 2018, in which eight students and two teachers were killed, I doubt its effectiveness. Of course, his similar prayers did not work after the church massacres where 26 parishioners were massacred in the First Baptist Church in Sutherland Springs Texas in 2017. Nor did his prayers work after the shopping massacre in El Paso in 2019 where 23 people were killed and 26 more were injured when Patrick Crusius, a 21-year-old from Allen, Texas, allegedly opened fire with an AK-47-style assault weapon at the Walmart located near the Cielo Vista Mall on the east side of El Paso.

I guess attending school is now added to the list of going to church and shopping as things that can get you killed in Texas.

What has Governor Abbott done substantively after all of these massacres? Nothing, zero, zilch, nada; as in a big fat goose egg. His Democratic rival, Beto O’Rourke confronted Abbott at a Press Conference saying,“You are doing nothing. You are offering up nothing. You said this was not predictable. This was totally predictable when you choose not to do anything.” As O’Rourke was being escorted out of the Press Conference, he turned and confronted Abbott with ““This is on you until you choose to do something different,” O’Rourke said. “This will continue to happen. Somebody needs to stand up for the children of this state or they will be continue to be killed just like they were killed in Uvalde yesterday.””

What Abbot has said consistently is that it is not the fault of the gun manufacturers but that we need to better with the “mental health” of Texans. What Abbot has done about mental health in Texas? As reported by NBC News, “in April he slashed $211 million from the department that oversees mental health programs.” How bad is mental health care in Texas? “Texas ranked last out of all 50 states and the District of Columbia for overall access to mental health care, according to the 2021 State of Mental Health in America report.” Does that sound like someone who actually cares about the ‘mental health’ of Texans?

What else did Abbott do after the Uvalde massacre? Attended a fund-raiser. I guess raising money for a political campaign is more important than the mental health of Texans.

As for the idiotic Lt. Governor of Texas, the Honorable Dan Patrick, his response is best summed up by the attitude that the only thing that stops a bad guys with a gun is a good guy with a gun. Unfortunately, it does not work that way. Not only had the Uvalde School District substantially increased its security budget after the Santa Fe massacre, there were good guys with guns at the elementary school. The Houston Chronicle reported “that the school security officer outside was armed and that initial reports said he and Ramos exchanged gunfire.” Moreover, as “Ramos entered the school, two Uvalde police officers exchanged fire with him, and were wounded, according to Olivarez. Ramos went into a classroom and began to kill.”

The buffon Texas Attorney General, Ken Paxton, went in a different direction, saying there should only be one point of ingress into a school. Paxton has sadly forgotten the purpose of doors in schools, they are not only there to let students in; more importantly doors exist to let students out. Over 100 years ago, some 115 women burned to death at the Triangle Fire in NYC because the doors were locked shut to keep the workers safe. Can you imagine what would happen if there was a fire at an elementary school and all the doors except one were locked shut?

What does all this mean for Texas? It means that as the state with “more guns per capita than any other state,” Texas is “awash in weapons.” Lori Post, director of the Buehler Center for Health Policy and Economics at the Northwestern University School of Medicine, was quoted in the NBC News article stating, “After the tragic 2019 mass shooting in El Paso, the governor signed several bills to curb mass shootings; unfortunately, most of those bills involved arming the public to stop mass shooters.”

About the only thing you can say with certainty about Governor Abbott is that he is Keynoting the National Rifle Association (NRA) Convention in Houston this weekend.

Categories
Daily Compliance News

September 10, 2021 the Texas Sued edition


In today’s edition of Daily Compliance News:

  • Biden Administration sues Texas. (WSJ)
  • Amazon to offer tuition to employees. (Bloomberg)
  • Coinbase says SEC threatened suit. (WaPo)
  • Boeing BOD to face lawsuit over crashes. (BBC)
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Sunday Book Review

May 31, 2020, the Texas (fiction) edition


In today’s edition of Sunday Book Review: