Blog & Commentary

COMMENTARY: Chump state workers just keep feeding the pension thieves

Posted on February 2, 2012

By Frank Keegan | State Budget Solutions Every year state politicians loot the pensions of more than 17 million public workers and retirees to "balance" budgets, yet those workers keep putting the looters back into office while fighting the few who try to head off this $4-trillion national economic catastrophe. A look at the latest U.S. Census [...]

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COMMENTARY: Hoosiers should look at right-to-work fight in OK 11 years ago

Posted on January 11, 2012

By Patrick B. McGuigan OKLAHOMA CITY, Okla. — Right to work is in the news again. Under the leadership of Gov. Mitch Daniels, Indiana is about to enact reform despite Democrat legislators’ efforts to block it by boycotting the House. They may have blocked approval late this week, but party leaders admit the bill will [...]

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COMMENTARY: Pension puffery: 12 half-truths that deserve to be debunked in 2012

Posted on January 6, 2012

By Girard Miller One of my pet peeves in the ongoing debates over public pension reform is the way partisans on each side try to pitch half-truths and myths to support their arguments. The other side seldom believes any of these, but they help rally the allies on the speaker's side. Sometimes the press naively [...]

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COMMENTARY: Happy New Year suckers, pay up: Your share of public pension crisis now $424,500

Posted on December 30, 2011

By Frank Keegan Here is a New Year’s resolution every American private sector worker must keep no matter what: Write a check for $14,150 Jan. 1 to make up for state and municipal pension shortfalls. Prepare to write one every year for 30 years. This is on top of all other taxes and fees governments [...]

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COMMENTARY: Even dim light of phony numbers reveals certain catastrophe of public pension crisis

Posted on December 15, 2011

By Frank Keegan Why would politicians and union bosses oppose new rules encouraging better disclosure of our public pension crisis when actually those rules barely scratch the surface? Because even a little honesty is too much for them. They will have to confess they deceive taxpayers, bond buyers and public workers about accounting tricks that [...]

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COMMENTARY: Official solution to public pension crisis: Lie, cheat, deceive

Posted on December 8, 2011

By Frank Keegan — Virginia’s top legislative fiscal adviser recommends a traditional solution to the $50 billion state pension catastrophe: Lie, cheat and continue to deceive public workers and taxpayers. Politicians have been betraying them for decades anyway. So maybe Old Dominion residents should give a little credit to House Appropriations Committee Director Robert Vaughn [...]

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COMMENTARY: History Shines Light on Obama’s Choice to Speak in Osawatomie

Posted on December 4, 2011

By Paul Soutar — President Barack Obama will deliver a speech on the national economy at Osawatomie High School, next to John Brown Memorial Park, at 1 p.m. Tuesday. The venue is puzzling unless you understand a speech there on Aug. 31, 1910, by former President Theodore Roosevelt. Roosevelt’s address called for a “New Nationalism” [...]

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Open Records Memorandum Emerges from White House

Posted on November 30, 2011

United States citizens may see a light breaking on the horizon of government accountability. The White House released a Memorandum on open records management for U.S. Government agencies, calling for a revamped, modernized, “more efficient and cost effective” system for agency records. The Executive Branch hub states that the changes will “improve performance and promote openness and [...]

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COMMENTARY: Pension crisis accounting rule comments rigged by gluttons at the public trough

Posted on November 23, 2011

By Frank J. Keegan – Well Pilgrims, when we sit down to feast this Thanksgiving Day pray for God to suppress the insatiable appetite of governments, because their fiscal gluttony now surely will inflict future disease on us all. Right now fiscal gluttons at the public trough not only gorge at the expense of future [...]

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COMMENTARY: NJ once again sets the lowest moral hazard standard

Posted on November 18, 2011

By Frank Keegan — ­Here is how NOT to reform public pensions that threaten to drag states and municipalities into an abyss of perpetual debt: Give cronies millions of dollars in benefits that will come directly out of taxpayers’ pockets, because there is no money invested to pay them. New Jersey Gov. Chris Christie talks [...]

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