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folkbum's rambles and rantsJay Bullock's journal of politics, music, and education. |
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Sunday, July 29, 2007Pension Scandal Redux
by capper
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UPDATE: Walker speaks! Also there is talk of examining all buybacks, but everyone is still too busy with CYA to get anything done yet. In this morning's MSJ, there was a report about the latest scandal to hit Milwaukee County. The basics of the story is that, since 1990, the pension board has been letting county workers buy back time from previous stints with the county. This practice has let hundreds of workers gain potentially substantial gains in their pension benefits, including the addition of the pension enhancer that rocked the county's budgets in 2004, and led to the recall of former County Executive Tom Ament and seven county board supervisors. Even though it means at most, about $65 million out of a pension fund worth more than $1.6 billion, this has caused an uprising of outrage and understandably so. So far there is only a contingent of right wing bloggers that have posted on this, including Patrick at Badger Blogger, Reaganite at The Croc, and Steveegg at No Runny Eggs and others. I believe that this is only the beginning of the outrage, and that for the next several weeks and months this will be fodder for many bloggers as well as talk radio. But there are some things that I question about this scandal. The article reports that this has the potential to cost the county millions, but this is based on speculation, including how long people who have gained by the buy backs will be collecting pensions, as well as how many will be able to keep these gains, as that there is a move to disallow some of the buy backs. The number of those disallowed could be ten. Ten out of hundreds. Why aren't the rest at least being examined? Also, there is a reciprocal relationship between different counties and different levels of government regarding seniority and pensions. This could have some major impacts on a lot of the elected and appointed officials. Walker was elected to the state legislature in 1992. This would make him eligible for the life time free health insurance, which is by reports, as good, if not better, than the one he might be eligible for from the state. Sheriff Clarke was a cop with the city of Milwaukee since 1978, per his bio. This would put him in line for not only the health insurance, but the increased pension enhancement and backdrop. Walker's recent appointee, Tom Nardelli, could be in for the same benefits. This is just the tip of the iceberg. Another thing that I noticed is that Scott Walker wasn't mentioned in the article. The problems were noted 12 years ago to the county, well before Walker's time, but nothing was done. It was noticed again two years ago, during Walker's time, when the board took some action by putting an end to the buy backs general guidelines. The article also states that the Journal has been investigating this for the past six months. I cannot believe that Walker did not know about the Journal's investigation, or that he was unaware of the problem that the board took action on two years ago. Given Walker's past behaviors and comments about the pension scandal of 2001, I thought he would have something to say, but there was not one quote from him, yet. Then it hit me. Walker is facing increasing resistance from the county board and from the public in general, after year after year of budget cuts and service cuts that have affected almost every county resident in some fashion. Now the county board has proposed a referendum to increase the sales tax by a penny, and even some people on the right are in favor of letting people have a chance to speak on this issue. To make it a trifecta, Walker will be running for re-election in the spring (even though he promised he wouldn't), and some of the names of potential opponents could give him some stiff competition. The buy back scandal could give him the same grass roots uprising that he had when he successfully won after Ament's pension scandal. Walker, like many professional politicians, knows the value of timing. Walker skills at this was demonstrated in the last election, when he knew about, but withheld the information about the huge deficit the parks had that year. It only came to light after he was re-elected, and then he scapegoated Sue Baldwin who had reported the deficit to him months earlier. This leads to the question, "When did Walker find out about this, and why didn't he act on it sooner?" Labels: David Clarke, Milwaukee County, Milwaukee Journal Sentinel, Patrick Dorwin, Scott Walker, Steve Eggleston, The Crocodile Cage Archives05/01/2003 - 06/01/2003 06/01/2003 - 07/01/2003 07/01/2003 - 08/01/2003 08/01/2003 - 09/01/2003 09/01/2003 - 10/01/2003 10/01/2003 - 11/01/2003 11/01/2003 - 12/01/2003 12/01/2003 - 01/01/2004 01/01/2004 - 02/01/2004 02/01/2004 - 03/01/2004 03/01/2004 - 04/01/2004 04/01/2004 - 05/01/2004 05/01/2004 - 06/01/2004 06/01/2004 - 07/01/2004 07/01/2004 - 08/01/2004 08/01/2004 - 09/01/2004 09/01/2004 - 10/01/2004 10/01/2004 - 11/01/2004 11/01/2004 - 12/01/2004 12/01/2004 - 01/01/2005 01/01/2005 - 02/01/2005 02/01/2005 - 03/01/2005 03/01/2005 - 04/01/2005 04/01/2005 - 05/01/2005 05/01/2005 - 06/01/2005 06/01/2005 - 07/01/2005 07/01/2005 - 08/01/2005 08/01/2005 - 09/01/2005 09/01/2005 - 10/01/2005 10/01/2005 - 11/01/2005 11/01/2005 - 12/01/2005 12/01/2005 - 01/01/2006 01/01/2006 - 02/01/2006 02/01/2006 - 03/01/2006 03/01/2006 - 04/01/2006 04/01/2006 - 05/01/2006 05/01/2006 - 06/01/2006 06/01/2006 - 07/01/2006 07/01/2006 - 08/01/2006 08/01/2006 - 09/01/2006 09/01/2006 - 10/01/2006 10/01/2006 - 11/01/2006 11/01/2006 - 12/01/2006 12/01/2006 - 01/01/2007 01/01/2007 - 02/01/2007 02/01/2007 - 03/01/2007 03/01/2007 - 04/01/2007 04/01/2007 - 05/01/2007 05/01/2007 - 06/01/2007 06/01/2007 - 07/01/2007 07/01/2007 - 08/01/2007 08/01/2007 - 09/01/2007 09/01/2007 - 10/01/2007 10/01/2007 - 11/01/2007 11/01/2007 - 12/01/2007 12/01/2007 - 01/01/2008 01/01/2008 - 02/01/2008 02/01/2008 - 03/01/2008 03/01/2008 - 04/01/2008 04/01/2008 - 05/01/2008 05/01/2008 - 06/01/2008 06/01/2008 - 07/01/2008 07/01/2008 - 08/01/2008 08/01/2008 - 09/01/2008 09/01/2008 - 10/01/2008 10/01/2008 - 11/01/2008 11/01/2008 - 12/01/2008 12/01/2008 - 01/01/2009 01/01/2009 - 02/01/2009 02/01/2009 - 03/01/2009 03/01/2009 - 04/01/2009 04/01/2009 - 05/01/2009 05/01/2009 - 06/01/2009 06/01/2009 - 07/01/2009 07/01/2009 - 08/01/2009 |
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