Teresa Fedor to John Curry: The accountability system is shameful
John,
Thank you for your attention to this – it matters greatly to retirees and their future.
Senator Teresa Fedor
District 11, Toledo, Ohio
From John Curry, November 25, 2006
A forum for Ohio educators interested in bringing needed reform to our pension system (STRS Ohio). John Curry (strswatchdog@yahoo.com) researches many issues related to STRS Ohio and contributes them to this blog. Contributions from others are welcome, and may be sent to Kathie Bracy (kbb47@aol.com).
Thank you for your attention to this – it matters greatly to retirees and their future.
Senator Teresa Fedor
District 11, Toledo, Ohio
From John Curry, November 25, 2006
Sure, we’re thankful for family and friends, food on the table and a roof over our heads. Those of us with one are thankful for having a job. Kids should be thankful for good teachers even though the education system in Ohio is in shambles.
We give thanks for those things every year. That’s routine.
But you don’t often hear people giving thanks for politicians, except maybe the lobbyists. But they do that privately, sometimes in the form of a check.
There are so many turkeys laying eggs around the Statehouse, it’s time someone publicly gave thanks for them. How could we not be thankful for the current flock that keeps our state government operating like an out-of-control megafarm? The supply of manure is so plentiful, the Statehouse lawn is always green.
The Statehouse remains upright only because of all the hot air that fills it. If you watch closely, the rotunda sinks a bit when legislators are on recess for an extended period of time. Though there are 12 entrances to the building, only four are used, ostensibly because security can be better maintained. But really it’s because officials thought too much hot air was escaping from the other doors and feared the whole building would collapse.
No, we have a lot to be thankful for in Columbus.
We have a governor who can’t get along with fellow Republicans any better than he gets along with Democrats. Rank-and-file Republicans have pushed his approval ratings so low that he would have a tough time getting elected. They don’t like his broken promise to not raise taxes without their consent. They don’t like his changing requirements for a concealed-weapon law. They didn’t like his Third Frontier high-tech bond proposal. Republican officials are hoping he won’t bring down the ticket in the next statewide election in 2006.
Speaking of that election, we can be thankful that there are three candidates — Betty Montgomery, Jim Petro and J. Kenneth Blackwell — running for the Republican Party nomination for governor. It’s really no fun when everyone knows who the party’s candidate will be. We can be thankful that the three are bickering among themselves and that Blackwell is actually running a referendum to repeal a Legislature-passed sales tax.
Speaking of money, who could not be thankful for state Treasurer Joseph Deters? Here’s a guy who walks into a House committee meeting one day empty-handed and walks out with the power to appoint the executive directors of the state’s five retirement systems. Sweet.
So what if Deters was linked to a pay-to-play system of campaign contributions from financial institutions when he last ran for treasurer? Imagine the pay-to-play system he or his successor could set up with power over the billions of dollars in the pension portfolios.
Speaking of Deters’ successor, who could not be thankful for House Speaker Larry Householder, who is in the market for a statewide office? He not only wants the treasurer to oversee the pension boards, he also wants to force them to use Ohio financial institutions for a certain percentage of their investment business.
Householder also has an uncanny knack for hiring some of the best legal minds in Ohio. One deputy legal counsel was giving legal advice without being licensed by the state. Another deputy legal counsel was arrested recently for being Columbus’ “naked photographer.” Dressed only in sunglasses, a knit hat and a camera, this guy accosted 40 women over 18 months before getting caught. Back in 2000, one of Householder’s budget analysts was charged with soliciting a prostitute (and then was found guilty of a lesser charge). Who can’t be thankful for that?
Speaking of pension funds, who could not be thankful for Herbert Dyer, former executive director of the State Teachers Retirement System? You’ve got to love a guy who says with a straight face, “It’s the board’s money and they can spend it however they want.”
Apparently members of the STRS board and those on the board of the Police and Fire Pension Fund agreed, based on their spending on travel, staff bonuses, meals and assorted other nice things while the portfolios tanked and health care costs went up.
And speaking of turkeys, shouldn’t we be thankful for our local lawmakers? Pass the gravy.
You can reach Copley Columbus Bureau Chief
Paul E. Kostyu at (614) 222-8901 or e-mail: paul.kostyu@cantonrep.com
Larry Kehres | Mount Union Collge Division III |