Do the right thing, Governor

Pensions & Investments reported Wednesday afternoon that South Carolina Gov. Mark Sanford has requested again to use part of the federal “stimulus” money to pay down his state’s public employee benefits debt.Rather than use this one-time money to make government bigger — and thus, more unaffordable in the future — Kentucky Gov. Steve Beshear would…

Numbers and politics

State mandated union wages for school construction projects are costing Kentucky children just over $341 million based on current building needs, the Kentucky Opportunity Coalition reported Thursday evening. That number is based on $3.1 billion in requests from the Kentucky Department of Education and a conservative estimate of 10.7% added to construction costs by the…

Stimulating photo ops

Tuesday night in Frankfort, the State Journal newspaper reports, state Rep. Derrick Graham and Franklin County Judge Executive Ted Collins appeared at a public library to discuss borrowed federal money coming their way. On April 13, state Sen. Julian Carroll and Congressman Ben Chandler will be in to discuss the same thing. Another interesting tidbit…

Tea time in Lexington

Leland Conway of 630 WLAP in Lexington’s pork rind protest fame is spearheading the Kentucky Tea Party on Saturday, March 21 at the Fayette County Courthouse. The Bluegrass Institute is proud to join him and supports the effort as a sponsor. What we hope to accomplish is to show our elected officials in Lexington, Frankfort,…

42% of Kentuckians from another planet

Amid all the mess in the 2009 General Assembly, from tax increases and the raid of the Health Fund to the failure of prevailing wage reform and government transparency bills (here and here), a recent Kentucky survey suggests widespread awareness of Frankfort’s shenanigans. Americans for Prosperity surveyed 600 Kentuckians and found 58 percent were dissatisfied…

No, it’s the taxpayers

More Kentuckians would understand the damage to taxpayers coming our way as a result of public employee fringe benefits underfunding if the media did even a halfway decent job of covering the issue. Alas, they don’t:The pension plans are not in peril because the state can’t get out of making payments. Lower benefits for future…