RH Jones comments on article re: CalPERS board members

RH Jones to John Curry, January 15, 2010
Subject: Re: Two CalPERS board members wouldn't do that, would they?

[View article here: http://www.latimes.com/business/la-fi-calpers15-2010jan15,0,6928334.story]

John and all:

In view of how retired educators of late have been treated, I wonder if uncouth business middle men are getting to some of our OH STRS board members before they run for office. In the back rooms of the ignorant rich and powerful, could deals be made to hurt STRS pensioners? Before the last few decades, a more responsible, and most certainly more caring, STRS board members had the necessary gumption to improve retired members' financial condition. We must remember that the Board's majority vote is responsible for hiring each STRS director, the good ones as well as the bad.

When, we were known as the "Cadillac of pensions" all of Ohio prospered; since then, just as our pension diminished so did Ohio. Improving our condition will improve Ohio's condition. It is that simple.

RHJones