Guinta: Bringing the regulators to the regulated
First District Congressman Frank Guinta, Republican from Manchester, convened a meeting on Friday between New Hampshire credit unions and the National Credit Union Administration, the federal regulator which oversees their shrinking business, due, they say, to the independent agency’s increasing authority outside Congressional control.
N C U A Chairwoman Debbie Matz traveled to New Hampshire for the event which Guinta said quote “was an opportunity for community lenders to voice their concern about an overreaching Washington agency, hurting small Granite State banks and economies.”
The Dodd-Frank Law, passed in two thousand ten in response to the financial industry’s meltdown, allows the NC U A to regulate credit unions like big banks. As a result, their ranks have shrunk in number as they’ve consolidated to cope with government demands, leaving small and rural communities, in particular, with fewer options.
Under its current leader, the N C U A, which is funded by user fees assessed against those it regulates, has never held a budget hearing or published an advance copy of its budget, which has grown at a double-digit rate.
Members of the Pay-it-Forward team watch as a check is presented. Pictured (L-R) Bob Stuart, Commander Post 27, Katie Sullivan, PIF advisor, Trish Reilly, President Auxiliary Post 27 and Chris Cole, Commander Sons of the American Legion Post 27
On Friday, American Legion Post Twenty Seven in Londonderry donated one thousand dollars to the Londonderry High School Pay-it-Forward team. The donation was made in response to the work the team has done helping veterans and even Post Twenty Seven itself. Some of the things the team has done include:
- Helping with the Veterans Breakfast for the past five years; participating in bingo at the VA Hospital
- planting flags on veterans’ graves for Memorial Day
- cleaning the Town Common before parades and, last year
- shoveling out a path to the post’s oil tank.
The donation will help the team continue its mission of helping out in the community. Eligible veterans looking to join Post Twenty Seven are invited to call Post Commander Bob Stuart at 2 3 4 7 0 4 0 or visit the post at 6 Sargent Rd. in Londonderry.
News from our own backyard continues after this.
Hooksett School Budget: Is there an end in sight?
The proposed school budget in Hooksett is causing grumbles in town. After not so much cutting, the Hooksett School Board sent a thirty one million seven hundred fifty thousand budget proposal to the Budget Committee. That number represents a two million dollar, almost seven percent, jump over the current twenty nine million seven hundred sixty thousand dollar budget. What’s driving the numbers? Well, it’s the one two punch of Special Education and high school tuition. There’s nearly nine hundred thousand dollars more for special programs and, well, Pinkerton’s tuition is up four percent. Meanwhile, the budget contains spending for at least one new teaching position, despite a continued decline in the numbers of students attending the town’s schools.
Right to Know NH: Bills filed
Right to Know New Hampshire, has authored and submitted three bills to the New Hampshire House of Representatives which are designed to pull the curtains back on non-public sessions.
- The first bill, House Bill 2016-H-2581, requires the content for nonpublic meeting minutes meet the same minimum standard as public meeting minutes.
- The second bill House Bill 2016-H-2582 requires votes taken in a nonpublic meeting to be recorded in the minutes of that meeting so voters will know how their elected officials represented them.
- The third bill, House Bill 2016-H-2580, requires minutes to be kept when a quorum of the public body convenes for the specific purposes of strategy or negotiations related to collective bargaining or for consultation with legal counsel.
We’ve linked to complete details of the proposed bills from this news read at Girard at Large dot com.
Merrimack Rotary: Announces Christmas tree sale
The Rotary Club of Merrimack will hold its annual Christmas Tree Sale beginning on December third at the old Shaw’s parking lot on Daniel Webster Highway in Merrimack. The club plans to sell over three hundred fifty fresh Fraser and Canadian Balsam fir trees from Nova Scotia from December third until the trees are sold out. Hours for the sale are: Weekdays from four to eight, Saturdays from eight to eight and Sundays from ten to eight.
The club also announced its annual Turkey Trot 5-K will be held at eight on the morning of November twenty sixth at Merrimack Middle School on a NEW COURSE. To pre-register or for more information go to merrimack 5 k dot com.
Leaves: To be blown off Goffstown Rail Trail!
In Goffstown, the police department is advising that crews will be working today through Wednesday to blow leaves off the rail trail.
That’s news from our own backyard, Girard at Large hour ___ is next!
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