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greatlaurel

(2,020 posts)
10. Public employee pensions are going to be on the hit list asap.
Wed Nov 5, 2014, 09:35 AM
Nov 2014

The banks desperately need that money especially now that the quantitative easing has been stopped. That $480 million that Kasich helped Lehman Bros take from Ohio pension funds was just a little down payment. Public employee retirees can expect the same treatment as retirees in New Jersey and Michigan are getting, probably a slashing of pensions by at least 50% within the next twelve months, so Kasich can be hailed as the savior of pension funds by the Wolfe and Lindner families media empires.

We can expect the all Ohio assets to be up for sale in the next year, so Kasich can get his conservative credentials in order. Privatizing rest stops, parks, more prisons, state properties of every variety will be wholesale, while we will be regaled with stories in the right wing media how great this thievery is for the state.

If Kasich fails in his bid for national office, his last two years in office will be devoted to the complete looting of what little is left for Ohioans.

The only problem is there are so many states owned by the GOP and their corporate masters, there is no place to go and retirees will have no money to move anywhere anyway. Stock up on cat food while you can still afford it.

How the Ohio Democratic Party could not run a campaign against this crook is beyond me. I know the corporate money is difficult to compete against, but at least make an effort.

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