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Teachers Pension’s Swan Song

Posted by jcpswatch on January 23, 2021
Posted in: Accountability, Privatization of Public Education.

KY House Bill 5 – fast tracked through the Kentucky House and Senate with little fanfare earlier this month – is an ALEC-styled bill that will prohibit Kentucky’s governor from reorganizing boards and commissions. It was vetoed by Governor Beshear last week, while the legislature is in recess. His veto is expected to be overturned when legislators reconvene on Tuesday, February 2.

Why such urgency by the legislature to limit the Governor’s power? 

Could it be that they are still scrambling after Beshear became Kentucky’s first governor to reorganize the state’s Board of Education? 

With the stroke of a pen, Beshear’s powers enabled him to thwart unethical political maneuvering by strange GOP bedfellows including Hal Heiner, Wayne Lewis, Milton Seymore, Gary Houchens, Matt Bevin and others. Controversial and contentious political moves had left these politicians poised to devour public schools with the implementation of charter schools, vouchers and a state takeover of the state’s largest school district, as they’ve done in so many states before us. 

TELL ALL LEGISLATORS:

“Allow VETO of House Bill 5 to stand!”

Financial experts believe Kentucky legislative majorities still plan to infiltrate the pension board, which controls who benefits from the secret, no-bid contracts that riddle the state’s public pension systems.

In this episode of Save Our Schools with Dear JCPS, entitled “The Swan Song of the Kentucky Teachers’ Pension,” Chris Tobe, financial planner, former pension board member, candidate for Kentucky State Auditor, and author of Kentucky Fried Pensions, relates how this is not out of the question.

We also discuss how the Kentucky’s Teachers’ pension could be directly tied to the January 6 insurrection at our nation’s Capitol.

Watch the entire 59 minute interview here:

https://youtu.be/_67jrDKGWoo

It’s not too late to prevent this unwanted power grab by the state legislature. Teachers concerned about preventing further grifting that will  lead to the final destruction of their pension should contact their House Representatives and Senators at 800-372-7181 and make sure they know where you stand on HB5. Tell ALL LEGISLATORS to “Allow the Governor’s VETO of House Bill 5 to stand!”

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