Turning pension mess to stimulus?

Don’t show this to Gov. Steve Beshear. Kentucky officials have messed around and messed around with the growing public employee fringe benefits disaster for decades, apparently hoping it would just go away. Of course, it hasn’t. The commonsense solution would involve properly funding growing obligations at the expense of other spending desires less critical to…

Guess who’s paying attention

New York Times columnist Paul Krugman has decided that tax increases and more government spending is settled science.But others aren’t so sure.It really is amazing we are still having this conversation. I’m counting the days until our federal government uses our own money to prevent us from buying Chinese which would otherwise, I’m guessing, be…

Will we be asked to bail out WEG, too?

Previously unconfirmed rumors about strife between Lexington officials and state officials over the stalled progress on the 2010 World Equestrian Games has turned into off-the-record confirmation from trusted sources versus on-the-record denials from the usual suspects. On Friday, Gov. Steve Beshear had a meeting of his Governor’s Advisory Commission set up to deal with the…

This is how things get fixed

The hand-wringing about the economy wouldn’t be nearly so frenetic if more people just looked at the gasoline market. There, demand went down and prices followed. Producers who overextended on the way up (think Venezuela) will get hit hard by gravity. Those who kept their wits about them when demand was high (like Exxon) have…