Auto bailouts: Who won? Who ‘got shafted?’

Cameron Schaeffer, a pediatric urologist and plastic surgeon in Lexington, pushed back against the Lexington Herald-Leader’s recent editorial  praising the automotive bailouts. The editorial claimed “a clear-eyed look at the numbers suggests that without the big government efforts of the last few years, many fewer Kentuckians would be employed.” However, Schaeffer argues that: “Contrary to President…

Auditor’s office helps move transparency in the right direction

This week, Kentucky Auditor Adam Edelen made great strides toward promoting transparency in Kentucky. From the press release: Auditor Adam Edelen today unveiled a public database and accompanying report that shine new light on special districts, a $2.7 billion layer of government in the Commonwealth that has operated in the shadows for decades. The auditor’s…

Tax commission: Politicians ‘loathe’ to reduce spending

“The only solution is to focus on reducing government spending, but politicians are loathe to do that. They’re reelected because they confiscated some private wealth, declared it to be public money, and then redistributed it to some voting constituents or to some financial contributors to their political campaigns.” –Bruce Layne (comment on Pure Politics tax…

Editorial echoes Bluegrass Institute’s call for reforming corrupt pension system

The Lexington Herald-Leader today joined the Bluegrass Institute in calling for reforming the state’s corrupt legislative pension system. The editorial stated: “Kentucky’s public pension systems have myriad problems, including a collective unfunded liability exceeding $30 billion. By comparison, the cost of this loophole is miniscule (sic). But the principle is huge. Even without this reciprocity, the rules…