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11-07-2019, 12:44 AM
TheRealThing Wrote:Nobody ever asked teachers or anybody else to hate Democrats. Democrats did however mishandle those pension funds and IMHO, to expect teachers to be able to understand that fact is not to establish too high a standard. Funds BTW, which were by law once protected from being mindlessly squandered. That is until Paul Patton repealed the Pension Protection Act. Democrats seem to have a problem with mishandling money all across this land if one would care to take notice.
But now the once healthy fund is on its ear and for relief, it's back to the tax well Dems want to take us. According to reports, between 1996 and 2016 the KEA had collected over 2.7 Billion dollars from the membership. What happened to the money? Matt Bevin might have shot his mouth off a little, but it was long after this state's retirement obligations came under threat. It's at least A LITTLE incumbent upon the people who worked for and contributed that money to be somewhat proactive in issues of oversight. Wouldn't you say? Whether one is a Democrat or a Republican it's a red flag moment when pension protection laws get repealed. In modern times misguided politicians have lustily eyed ALL of this land's pension reserves, and at both the state and federal levels.
As yesterday's election clearly demonstrates we can get mad at government all we want, but voters are the ones who establish what form of government we actually have.
Looking back and placing blame is moot at this point. Bevin and the legislature were trying to scam teachers out of the pension that was promised to them and then trying to do what you just did and say “you should have elected different politicians.”
It got him beat in a state he should have won by 20 pts.
Now the burden of repayment can go on the taxpayer that benefited from the usage of pension funds to support the state, so politicians could keep constituents happy. It won’t be popular and the legislature will not be able to dole out those nice tax breaks to the upper class. But it is what it is.
Messages In This Thread
Bevin vs Beshear 2019 - by plantmanky - 05-23-2019, 03:21 AM
Bevin vs Beshear 2019 - by TheRealThing - 05-23-2019, 07:58 PM
Bevin vs Beshear 2019 - by WideRight05 - 05-25-2019, 04:24 AM
Bevin vs Beshear 2019 - by plantmanky - 10-03-2019, 03:47 AM
Bevin vs Beshear 2019 - by TheRealThing - 10-03-2019, 06:20 PM
Bevin vs Beshear 2019 - by TheRealThing - 11-05-2019, 02:38 AM
Bevin vs Beshear 2019 - by Cardfan1 - 11-05-2019, 09:18 PM
Bevin vs Beshear 2019 - by TheRealThing - 11-06-2019, 06:08 PM
Bevin vs Beshear 2019 - by 64SUR - 11-06-2019, 10:55 PM
Bevin vs Beshear 2019 - by Cardfan1 - 11-07-2019, 12:44 AM
Bevin vs Beshear 2019 - by TheRealThing - 11-07-2019, 08:14 AM
Bevin vs Beshear 2019 - by Cardfan1 - 11-07-2019, 03:53 PM
Bevin vs Beshear 2019 - by TheRealThing - 11-07-2019, 08:07 PM
Bevin vs Beshear 2019 - by Cardfan1 - 11-07-2019, 08:28 PM
Bevin vs Beshear 2019 - by TheRealThing - 11-07-2019, 10:11 PM
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