Rather than this “above board” approach allowing everyone to cool down and move on, essentially Calaway, with presumably the full cooperation of the majority of the Board of Trustees, has decided to manufacture a crisis over what could have been a simple acknowledged mistake. (more…)
Who Watches the Watchmen?
Christopher D. Berger
UnvarnishedOpinion.com
KansasProgress.com
Wednesday’s tax day tea parties had a cause mirroring those of the original Boston tea party, to whit, a government so invasive and unwieldy that it can perpetrate generational theft on the order of tens of trillions of dollars, with no one to stop them. They were there to demonstrate against the ability of government to tax our grandchildren into oblivion, and more importantly, the fact that government is effectively doing it with mind-numbingly large spending packages. They were there to protest taxation with representation that doesn’t listen to them, representation that doesn’t represent their interests, taxation that they don’t want, don’t need, and will be forced to pay anyway. (more…)
KANSAS CITY, Mo. — Wall Street bankers aren’t the only ones who got big checks despite huge losses last year. The staff of the Missouri state employees retirement system received close to $300,000 in bonuses, even though the pension fund they manage lost almost $1.8 billion.Don’t blame the employees. Blame the pension board, which approved the bonus plan. These fund managers were well compensated when the pension fund was growing. Last year the state pension fund performed better than many other funds, but still lost nearly 24 percent. When informed of the bonuses, Gov. Jay Nixon called them unconscionable.
