NiiiiiiiiiiceâŚ
Thatâs how you burn a Trumpette
The election for KY governor is next year. I really hope we can be rid of this guy.
Bevin should be worried.
The University of Kentucky was forced to re-hire a tenured professor that Bevin had ordered fired from the public school for commenting on public health issues.
Rather than expose Bevinâs involvement the university settled at the last minute to avoid this information from becoming part of the public record.
He bought a home from a donor whom he gave a state job, for 1/3 of the appraised value.
He tried to hire another donor for a high level position until the CJ put it on the front page. He nearly cost the University of Louisville their accreditation.
Bevin is as crooked as they come.
https://www.huffingtonpost.com/entry/matt-bevin-kentucky-pensions_us_594bf56ce4b0a3a837be3d56
The fates of self-righteous hacks like Bevin havenât been working out too well latelyâŚ
Bevinâs idea of hard indisputable evidence is the Creation museum in his state.
Howâs it feel to be hoist by your own petard, Matt?
I knew that Matt Bevin was an asshole, but I guess we can add anti-semite to the list too. What is this damned country coming too?
Bevin has ALWAYS been an empty suitâŚfull of FKING OUTRAGE and short on actual âfactsâ. Câmon KentuckyâŚget real again.
Their final tweet was a sizzling sweet burn.
I think Blevin is going to discover he isnât Trump and even if he were Trump, Trumpâs ratings are falling as more and more people are finding the act threadbare and tiresome.
Living in Kentucky it has been my observation that âshort on actual factsâ is the default for the majority of the populace.
Wow.
Canât wait to find out how high that petard can be hoisted.
Classy response, Pro Publica. Keep up the good work. And who has Bevins in the next Republican Governor to face ethical and/or criminal violations pool? I think youâre sitting pretty. I mean, I know mobsters who break knees that are less thuggish and predatory than this guy.
Sounds like ProPublica âchose wellâ in selecting the CJournal as one of their 14 investigative organizations, while the folks in the Bluegrass state âchose poorly.â
The âBluegrass Stateâ includes Louisville. The âGolden Triangleâ of Lexington; Louisville and Covington are the economic centers of the state.
Louisville and Lexington both host several universities and colleges, which reflects a strong Democratic/Progressive presence. The Northern part of the state is heavily influenced by right-wing Cincinnati.
The Eastern part of the state is a wasteland of misery whose source is the defacto slavery imposed by the coal/oil Industry. Between the poisoned water and the company towns, itâs lucky those people are able to walk upright and speak without grunting.
Corruption runs rampant throughout the Commonwealth. The ProPublica thing might just be the best thing to happen in a long time.
Public pension systems have been investing in hedge funds for quite a while. They are seeking higher yields than conventional investments are capable of generating. This is (in part) due to basic greed but also in part due to an attempt to reduce the unfunded liabilities in the pension systems.
I was dismayed when I learned that my pension system was investing with vulture capitalists. There was little I could do, though, except to vote for Board members who were as concerned about that as I am.
Kentuckyâs public pension systems are in pretty dire straits, so Bevin has three reasons to be pushing for more money in hedge funds: there is basic greed, the desire to improve returns so that the state doesnât have to put as much money in; and, wanting to help out his vulture buddies.
Everything you stated might be true, if we also completely ignored the fact that the Legislative retirement system is managed completely differently and is excellent financial health.
Things that are true is certainly a subset of things that may be true.
I donât know the particulars in Kentucky. Here in Ohio, legislators may choose to contribute to OPERS (the Public Employee Retirement System), the same system that covers state employees. In my experience, it is unusual for a state to have a separate pension entity and funding formula for the legislature. That explains why the Kentucky public pension systems are in such a mess. That sort of arrangement is just begging the legislators to underfund public pensions while taking care of themselves.
Yâall need to fix that. Merge their private system into your PERS.