Talk about ‘Future Shock!’: Bankruptcy judge’s ruling further threatens Ky’s drowning pension system

In recent reports on Kentucky’s public pension crisis, the Bluegrass Institute revealed that many  of the 1,701 entities that added to the Kentucky Retirement System over the years (mostly as a result of politicians seeking to curry political favor) were nonpublic agencies added by politicians seeking to curry political favors. However, passage last year of…

Quote of the day: Has the Jefferson County teachers union boss ‘entered the federal witness protection program?’

“Has JCTA President Brent McKim entered the federal witness protection program? With some teachers forced to buy their own chalk, why hasn’t their union chief, to paraphrase Mr. Shakespeare,‘troubled deaf heaven with his bootless cries?’ The silence from the Jefferson County legislative delegation is also deafening. Aren’t they just a tad disappointed that the millions…

Post-election analysis: Get government out of the way

In his post-election analysis (by phone) on Bowling Green’s NewsTalk 93 WKCT’s Drive Time with host Chad Young, Bluegrass Institute president Jim Waters opined that our future hope as a country and commonwealth will be found in individual Americans exercising their freedom, not the status of any particular politician. Listen here. (:21) In fact, it really was not our founders’…

Bluegrass Beacon: ‘Taxpayer-eaters’ meet ‘self-serving-politician-eaters’

What some candidates could gain in this year’s election – beyond just winning office – is a stark reminder of how wrong political leaders were when declaring last year that they had adequately addressed Kentucky’s public-pension crisis. Instead, legislators with serious courage deficiencies failed to agree on reforms beyond what they believe are “politically feasible.”…

Quote of the day: Finally, someone with some sense about taxpayers’ cents

“At this time, there is not sufficient public support for committing over $350 million in state, city and other funds to a basketball arena and convention center when there are so many well-recognized educational, economic, retirement and health care needs across Lexington and the Commonwealth of Kentucky.” –University of Kentucky President Eli Capilouto on proposed…

Kentuckians overwhelmingly say ‘no’ to using state funds to renovate Rupp

Independent-minded Kentuckians don’t take too kindly to a governor and an unelected bureaucratic “project manager” trying to extract $80 million from taxpayers statewide to fund the proposed renovation of Rupp Arena. These same Kentuckians also don’t seem to be swayed by Gov. Beshear’s weak “Louisville got one, so Lexington gets one, too” argument. Perhaps they…