Wednesday, June 24, 2009

Blowing the whistle on the wrong scam

After decades of rampant abuse of our public employee pension system by politicians and bureaucrats resulting in a more than $30 billion underfunding, its funny to see KRS getting worked up about a few phone calls.

If you like this year's wasteful special session, you would have loved last year's, in which the politicians claimed to fix the state's pension problems. And then they came back earlier this year and raided the system again.

The only way to get out of the pension mess Frankfort has put us in is to pour money into the system at a much faster rate. And that means less spending on other pet big-government projects.