Friday, December 30, 2011

Kentucky needs a debt ceiling

The biggest news story with the least amount of coverage in Kentucky in 2011 is easily Kentucky's debt problem.

Revenues continue to increase for the state and politicians in both parties continue to claim they need more revenue. But at the heart of the problem is that spending has increased even faster.

And that problem has been hidden by debt and unfunded liabilities. In order to believe that Kentucky's budget finished the last fiscal year in surplus, as the state claims, you have to ignore the money borrowed from the 2012 state Medicaid budget and ignore the unemployment benefits money borrowed from the federal government and ignore the money not paid into the state public employee benefits system and ignore the new billion dollars in bonded debt created in just the last year.

That's a lot of ignoring. And in 2012 we are going to have to get a handle on it.

Why Steve Beshear thinks he can raise taxes

Governor Steve Beshear didn't say anything about raising taxes before this year's election. In fact, he bragged in nuanced fashion about not raising any "broad-based" taxes in his first term.

He got away with that because his general election opponent played the same nuanced game to, in fact, raise taxes. And they together also played a much more harmful trick on Kentuckians by jointly underfunding and raiding public employee pensions by hundreds of millions of dollars and borrowing to spend billions more.

So the two most powerful politicians in Frankfort see no downside to increasing revenues now. They need the money, as they see it.

This is the kind of bipartisan agreement we are going to have to fight against even harder in 2012. And that is why we need a state debt ceiling and/or to amend the Constitution to give us a real balanced budget requirement.

Thursday, December 29, 2011

This isn't transparency, Governor Beshear

Ellen Ballard in the Commonwealth of Kentucky Controller's Office said this morning the state's Comprehensive Annual Financial Report will remain hidden from the public at least until next Wednesday.

The FY 2011 report will show clearly that Kentucky made its budget appear balanced for the most recent year with the issuance of hundreds of millions of dollars in long-term debt.

KRS 48.800(3) states this report must be made available within 90 days of the end of the fiscal year. That was September 30, about five weeks before the November election. We shouldn't have to beg to see this report.

Wednesday, December 28, 2011

Fletcher versus Stumbo one more time?

Former Governor Ernie Fletcher's Chief of Staff Stan Cave weighed in on Paul Patton's expensive and controversial plan to get state funding for the University of Pikeville.

"Admission of University of Pikeville into the public university system is quid pro quo for eastern Kentucky legislators' vote for expanded gambling," Cave said. "The House Speaker doesn't give a tinker's darn about a recurring $12 million cost to taxpayers."

Via Facebook.

Tuesday, December 27, 2011

Phyllis Sparks should be next

State Rep. Alecia Webb-Edgington has resigned as Kentucky's 4th Congressional District GOP chair so she can run in a likely crowded primary for Congress without an apparent conflict of interest.

Good move.

An even better one would be to replace her with Boone County Republican businesswoman and activist Phyllis Sparks. She has been very active in the Tea Party movement and would be a very solid choice to keep growing the party in the northern Kentucky district.

Can't grow cotton in Kentucky

I'm told anything that can be made of cotton can also be made of industrial hemp. Kentucky can't grow cotton. Growing hemp doesn't require the water and pesticides necessary to grow cotton.

Federal law prevents us from taking advantage of this competitive advantage.

Kentucky's new Agriculture Commissioner James Comer supports growing industrial hemp and resistance in the legislature is weak and based on ignorance of what industrial hemp is.

Anyone who supports economic growth in Kentucky should support overturning federal restrictions on growing industrial hemp.

Any questions?

Monday, December 26, 2011

Frankfort's chance to support Christians

The Commonwealth of Kentucky has been battling for years to keep an organization called Christian Care Medi-Share from saving Kentuckians money on their health care expenses.

This currently makes less sense than ever before and must stop now.

A constitutional amendment is necessary to allow cost-sharing programs to function in the state. As Medi-Share states on its web site, an exemption written into the ObamaCare law will keep their program a viable alternative should ObamaCare survive to 2014 and beyond.

Some Frankfort Republican leadership on this would really come in handy now.

Friday, December 23, 2011

What's $336 million among friends?

Earlier in the week, Kentucky's Consensus Forecasting Group predicted revenues for the fiscal year ending next June 30 will be $9.0 billion. They also predicted a $136.5 million dollar surplus for the same time period.

That's interesting, considering the legislature voted just last spring to spend $9.2 billion.

Frankfort in January is going to be a sight to behold. Merry Christmas!

Wednesday, December 21, 2011

Governor Beshear's Christmas horror story

Governor Beshear's Finance and Administration Cabinet appears intent on making good on their threat to keep the truth about the state's finances hidden until the last business day before Christmas.

The Comprehensive Annual Financial Report will show an increase of $1 billion in appropriation-supported debt in the fiscal year ending June 30. The report was apparently completed prior to September 30 but has been kept quiet since then.

The media is not going to report on this at all but this is exactly why we need a state debt ceiling.

Please spread the word.

Tuesday, December 20, 2011

Let's protect the First Amendment

It's funny that the same big-government types who insist paid media is not speech want political speech to be paid for with tax dollars and think that will make everything just fine.

Exhibit A is Congressman John Yarmuth. He has filed a constitutional amendment to "get the money out of politics." We've never heard that before, have we?




Indeed, we have heard this same line constantly since the Watergate scandal and all the regulations, restrictions and penalties have done nothing to improve the political process. Prior to that, the idea that we needed government to control our political speech was universally understood as anathema to our American freedoms dating back to colonial times.

What we need is less regulation of political speech. Kentucky could lead the way on this by repealing all of our state campaign finance laws. With Yarmuth pushing so hard in the wrong direction, 2012 may be the perfect time to put this front and center.

Beshear still hiding bad news

Kentucky's Gov. Steve Beshear appears likely to get away with hiding the state's Comprehensive Annual Financial Report through the election and up to an expected just-before-Christmas release.

The report will show Frankfort accumulated an additional billion dollars in revenue-supported debt in the fiscal year ending June 30, 2011 despite claims of spending austerity and budget surplus.

Unfortunately, the GOP establishment in Frankfort has a big enough megaphone to draw attention to this but most of them voted for it, so they won't.

Those who vote for the status quo can't be surprised when they keep getting the same old thing.

When they get around to posting the report, you should be able to see it here.

Monday, December 19, 2011

The force is strong with this one

Lewis County Judge Executive Thomas Massie will soon become a household name in Kentucky for the massive amounts of waste he has uncovered and eliminated since his 2010 election. It's no surprise that he is drawing a lot of attention as a possible candidate for Congress in the 4th congressional district in the 2012 open election.

Some NKY political hacks are spreading a rumor that Massie has declined to enter the race, but that is not true. Stay tuned here for updates.

Here he is with his wife and two of their four children along with presidential candidate Ron Paul at a 2010 Louisville fundraiser for Senator Rand Paul. Thomas also hosted a fundraiser at his home very early in Sen. Paul's campaign.



Thomas and his wife Rhonda are both Kentucky natives and MIT graduates. His children attend public school in Lewis County.

A policy split in the GOP establishment?

Sen. Damon Thayer has pre-filed a bill to remove the constitutional office of state Treasurer. The Senate has passed this bill before and the GOP nominee in 2007 ran with this as the main plank in her platform.

Here's hoping Sen. Thayer pushes SB 51 past any establishment resistance in the Senate.

Now two bills to end Kentucky legislator pensions

Kentucky legislative bills addressing the David Williams pension scandal keep coming in. The latest is from House Republican Brent Housman. It will be HB 149. Like Senate Democrat Dennis Parrett's bill, Housman's would shut down the Legislators' Retirement Plan to new participants as of August 1, 2012.

There are currently 5 pre-filed bills addressing this problem. Please, keep them coming.

Thursday, December 15, 2011

How slowly can we fix KY pension scandal?

For the first time, each caucus in the Kentucky General Assembly has filed a bill to fix the David Williams pension scandal.

In the Senate, Republican Jimmy Higdon pre-filed SB 26 to stop legislators from getting a huge pension boost if they can get appointed to an executive or judicial branch position for as little as three years. Democratic Senator Dennis Parrett previously filed a similar bill, SB 28.

In the House, Republican Rep. Ron Crimm already filed HB 65.

And now, House Democratic Rep. Mike Cherry has re-filed the same bill he filed last year and then ignored in his own committee.

The bills have some similarities and differences, but the one feature that stands out the most is how quickly they each take effect. Interestingly, Sen. Higdon's bill doesn't kick in until the end of 2014. This makes it the slowest one of the bunch. Sen. Parrett's bill actually stops legislators from grabbing the outlandish pension boost on August 1, 2012 and goes so far as to shut down the Legislators Pension Plan to new members on the same date.

Sen. Parrett has the right idea.

Wednesday, December 14, 2011

Frankfort doesn't want you to know

Kentucky finance cabinet officials continue to sit on a devastating report on the accumulation of state debt nearly three full months after the report was supposed to have been prepared.

An official at the Cabinet said current plans are to release the report on December 23 or 24.

Please ask your representatives to demand the immediate release of the current Comprehensive Annual Financial Report.

Monday, December 12, 2011

Is PNC taking your money to Pennsylvania?

Government officials in Latvia and Sweden are blaming Twitter for a weekend run on two Swedish banks in Latvia after "tweets" claimed Swedish officials were about to close the banks and leave depositors empty handed.

Twitter is not to blame; government bank deposit insurance is.

Think about it. If a rumor spread in Kentucky that Pennsylvania-based PNC Bank would shut its branches here and take all its depositors' money back to Pennsylvania, how would a lot of people react? You know it would get ugly.

The point is that government deposit insurance has made banking consumers all over the world dumber than they should be and subject to freaking out when presented with rumors like this.

The flip side of a false sense of security is a susceptibility to unwarranted panic. In addition to protecting taxpayers from huge amounts of moral hazard, ending government deposit insurance would force bank customers to educate themselves about the health of their bank.

At a time in which the world is growing keenly aware of the devastation caused by banking crises, that would be a good thing.

Can we interrupt inauguration to ask about this?

Kentucky's Finance and Administration Cabinet should have a report out any day now showing clearly that the state went $1 billion deeper into debt in the last fiscal year.

The report is supposed to post to this web site. In fact, according to KRS 48.800(3) it should have been posted by September 30.

Sunday, December 11, 2011

Food freedom gets a boost in Kentucky

Kentucky state Sen. John Schickel pre-filed Senate Bill 47 to help clear up any confusion government officials may have about the right of farmers to sell -- and Kentuckians to drink -- unpasteurized milk.

This action was made necessary by an ill-conceived raid last May on a private food club by the Louisville Health Department.

Friday, December 09, 2011

Kentucky's shot at a debt ceiling

Kentucky Knows Best has a report out in favor of a constitutional amendment limiting the debt Frankfort politicians can pile on us.

The bill, sponsored by state Rep. Mike Harmon, would limit revenue supported state debt service to 5% of revenues. We are now almost 30% above this so Rep. Harmon's bill would stop the accumulation of bonded debt for several years.

Glad to see Kentucky leading the way on this. Maybe Congress should take notes.

Should the bill, which will be HB 108 in the 2012 General Assembly, gain sufficient support in Frankfort it will appear on the November ballot as follows:

"Are you in favor of amending the Constitution of Kentucky to modernize, update, and consolidate provisions in the Kentucky Constitution related to debt, and to limit the amount of debt that may be authorized by the General Assembly, subject to future changes, to that limit initiated by either the registered voters of Kentucky or by the General Assembly?"


The correct answer is "yes."

Thursday, December 08, 2011

Obama Admin lies in Lexington KY

At a Council of State Governments webinar in Lexington on Tuesday, an Obama Administration official lied about a serious problem with the ObamaCare law.

At about 31:40 on the video, Steve Larsen, director of the Center for Consumer Information and Insurance Oversight in the U.S Department of Health and Human Services was asked about citizens in states with federally-run ObamaCare health insurance exchanges not being able to get federal subsidies for the more expensive ObamaCare insurance in 2014.

The law states very clearly that only people in states with state-run exchanges can get the subsidies.

Mr. Larsen's answer did not reflect that fact.

"The ACA (Affordable Care Act) permits the federal exchange to provide tax credits," Larsen said.

The Obama Administration can't just wave a magic wand and change the wording of federal law to cover up this stupid mistake. To change the law, it must go back to Congress for a swift death in the House.

Obama minion files Kentucky bill

President Barack Obama's Kentucky campaign chairman pre-filed a bill yesterday that serves as another reminder that the champions of big government think you are stupid.

House Bill 103 would create three new slush funds inside Kentucky's budget reserve trust fund, or rainy day fund.

You aren't supposed to know that the only way Kentucky can show a positive balance in the rainy day fund is to hide our growing debt.

Professional politicians in both parties in Frankfort have gotten pretty good at that.

Wednesday, December 07, 2011

What is negative campaigning?

Attacking Newt Gingrich for being a Big Government Republican is not negative campaigning.


Any questions?

Tell Beshear to return ObamaCare bailout

Kentucky is one of six states to have started allowing state employees to drop state health insurance coverage on their children and pick up federally subsidized CHIP through changes implemented in the 2010 federal health reform law.

The Beshear administration claims to have shifted $2 million in health costs onto the federal government already.

Unwinding ObamaCare will be hard enough when we get the opportunity. With the program's tentacles now having extended into the state government workforce, it will be just that much harder.

The silence from Frankfort's Republicans on state action on ObamaCare is deafening.

Governor Beshear should back off this policy and stop all activity that further tangles Kentuckians into ObamaCare.

Tuesday, December 06, 2011

Try proving sales tax holiday isn't a gimmick

Nearly every year in Kentucky around Christmas, someone in the state legislature files a "back to school state sales tax holiday" bill.

So here comes the 2012 version. In it, certain school supplies and clothing would be exempt from state sales tax for three days at the end of July each year. It's the perfect feel-good legislative proposal. If it passes, the sponsors win. If it doesn't pass, the sponsors win. And voters who aren't paying much attention feel that their Frankfort lawmakers have thrown them a bone.

I'll take this as more than a political stunt if the sponsors amend the bill to immediately cut from the state budget the total amount of sales tax exemptions tallied during each and every sales tax holiday.

"The essence of ObamaCare"

Presidential candidate Michelle Bachmann has criticized both Mitt Romney and Newt Gingrich for supporting the "essence of ObamaCare."

She's right.

Romney's web site says that he would "help control health care costs" and "ensure that individuals with pre-existing conditions who are continuously covered for a specified period may not be denied coverage." But we don't need government to do either of these things. It's in following this flawed line of thinking about government activism in the marketplace that we wind up with things like ObamaCare.

Gingrich's web site says he wants to reinforce "laws which prohibit insurers from cancelling or charging discriminatory rate increases to those who become sick while insured." But we don't need government to step in and force insurers to stop doing something that their contracts allow them to do.

And that is the most important point.

Most people don't read their insurance contracts because they believe that government regulation is there to protect them. You don't have to talk to too many people to figure out this is not the case. You probably don't sit around all day trying to manipulate government regulations to get the most value from your insurance contracts. But your health insurer does. Those companies have to cut every available corner in the interests of self-preservation. And that's because government regulation would otherwise be used against them to curry favor, build power and buy votes. They were forced to start playing the game, but they have become expert at it. They are banking on the likelihood that you are no expert.

The best thing for government to do in health care transactions is to stop creating this adversarial relationship between insurers and their customers and get out of the way. If that policy were our default position, then helping people with temporary or even permanent financial needs relating to health care would be much cheaper for everyone. We would then have more insurance companies and greater consumer choices and all the societal benefits that come along with market competition.

Michelle Bachmann's web site is light on specifics about health care. With Herman Cain out of the race, she is smart to go after Romney and Gingrich on this issue. She should take the next step and show that she understands what must be done beyond repealing ObamaCare.

Friday, December 02, 2011

Make life easier for Kentucky Wildcats

University of Kentucky athletic dirctor Mitch Barnhart could build and maintain sports facilities for our beloved Wildcats for less money if Frankfort politicians would repeal the state's prevailing wage laws.

It's worth noting this weekend that North Carolina has no prevailing wage laws. Coach Calipari, what say you?

Greg Stumbo on drugs

Kentucky House Speaker Greg Stumbo wants to force medical providers to accept health insurance as part of the effort to "fight drugs." This comes as the federal government is doing its level best to destroy health insurance in America and state officials are already making it worse.

The only way out of our health care crisis is to rebuild markets in health care. Forcing providers who have escaped the system to get back in as part of a half-baked scheme to battle prescription drug abuse is the wrong solution at exactly the wrong time.

Price competition is the only thing that will improve the efficiency of health care in America. We don't need fewer cash-only clinics; we need more of them.

Thursday, December 01, 2011

Kentucky can kill ObamaCare

A Kentucky Knows Best report indicates the ObamaCare law will collapse quickly under its own weight if states don't set up Health Insurance Exchanges which facilitate hiding the law's costs.

That's because the law clearly states federal subsidies for Exchange-purchased health insurance policies can only be given if the state chooses to run the exchange. Without the subsidies, ObamaCare insurance will be way too expensive.

The Obama Administration is scrambling to change the law illegally through the IRS or the Department of Health and Human Services because they know Congress won't bail the president out of his mess.

Meanwhile, Kentucky's Governor Steve Beshear is trying to figure out a way to change Kentucky law to set up a state-run Exchange without actually having to get a bill through the legislature.

States like Kentucky can kill ObamaCare by refusing to set up an Exchange. Please tell your legislators not to set up a state health insurance exchange.

Wednesday, November 30, 2011

Want to see bunch of sugared-up lawmakers?

Rep. Rick Nelson probably means well with a new proposal to limit food stamp spending on sugary foods and drinks, but before the legislature kills what would seem to be a common sense bill the main thing this will do is activate Big Food and their lobbyists to sweeten up some legislators' campaign accounts.

12/23/11 edit: The link to Rep. Nelson's bill no longer works because the bill has been removed.

Some Beshear 2% cuts are 98% short

Kentucky Governor Steve Beshear announced yesterday that spending exceeds revenues by $190 million dollars and that he will address the problem with certain 2% cuts that amount to (... wait for it!) $29 million.

Most of the rest will come from the same kind of smoke and mirrors games that have created billions of dollars in off-the-books debt that never seems to make it into the headlines.

Or even the press releases from either side of the aisle in Frankfort.

The biggest problem with a 2% cut to the Economic Development Cabinet (ha!) is that it leaves in place the other 98%. There are others, but this should be the beginning of the discussion, not its end. This is where we need the "leadership" Senate President David Williams has been talking about. It's a terrible shame that we are getting instead his image rehabilitation efforts and, likely, more bipartisan tax increases in January.

This is why a "no tax increase" pledge is important.

Tuesday, November 29, 2011

What Mitt Romney doesn't get

Republican presidential candidate Mitt Romney explains the difference between his Massachusetts government health coverage plan and President Obama's federal government health coverage plan basically as one of jurisdiction.

“Our plan was a state solution to a state problem," Romney said. "And his was a power grab by the federal government to put in place a one-size-fits-all plan across the nation."

But if we have learned anything since starting Medicare and Medicaid almost half a century ago, it is that expanding the role of government in health care is not a very good solution no matter where you are.

So Mitt wants to repeal ObamaCare on jurisdictional grounds. But if there were any doubt that failure to grasp the problem with too large a role of government remains an issue with him, just wait till you see his plan for Medicare.

He wants to set up a voucher program to compete with the federal program. Of course, the private options will have to play with real dollars and the government option will get to keep using government accounting and an endless supply of tax and borrowed money. Can't be surprised when that doesn't work well for anyone but the polticians who support the government option.

It's like "if you like your insurance, you get to keep it" in reverse. No thanks.

Kentucky goes crazy for Casey Anthony

Kentucky is well on its way to having ten pre-filed bills that would make it even more illegal to neglect your child like Casey Anthony was accused of doing. Senator Ray Jones today joined the parade.

A Bluegrass Fair dunking booth was a big hit this summer in Lexington because it featured a Casey Anthony look-alike who heckled patrons until it was decided that making a joke about a dead child might be in poor taste.

This legislative piling-on is no better.


Monday, November 28, 2011

Did Hal Rogers just endorse term limits?

Congressman Hal Rogers told CN2 that the Americans for Tax Reform Taxpayer Protection Pledge should have a one term time limit on it.

Congressman Hal Rogers does not understand the Taxpayer Protection Pledge.

Left unchecked, government will only grow bigger and stronger. Small government advocates support candidates who realize this is a problem and promise to do something about it. Refusing to give the federal government tax increases is one of those things. We don't put time limits on core principles.

Congressman Hal Rogers made that promise himself when he signed the Taxpayer Protection Pledge.

Now he wants out. This is not what we need from Republicans in Washington D.C. right now.

Repealing ObamaCare isn't enough

President Obama's opponents on health reform should look at a developing controversy in Kentucky for a clue to winning a larger battle about the role of government.

Click here for a Kentucky Knows Best report on efforts by state politicians to limit their constituents' health coverage options even more than current federal law mandates.

Christian Care Medi-Share is obviously not the perfect health coverage plan for everyone. But federal law exempts it from regulation under ObamaCare while Kentucky officials attempt to run the health care cost sharing program out of the Commonwealth.

Few politicians in Kentucky want to be associated with Barack Obama. Even fewer would like to be described as worse than Obama on health care, but that is the current state policy. Please call your representatives and tell them to support more health care choices for Kentuckians.

ObamaCare may or may not be repealed in 2012, but if we can't even get behind the idea that government shouldn't be making health decisions for everyone then we deserve whatever we get.

Thursday, November 24, 2011

Thankful for the Tea Party this year

On balance, 2011 has been a challenging year for the Tea Party. We lost some elections. The debt ceiling fiasco drags on with higher debt, no real cuts in spending and a "supercommittee" deal that allows both Republicans and Democrats to yell at each other through the 2012 elections without addressing the main issue.

Government didn't get any smaller in 2011 and next year looks even worse.

Long live the Tea Party.

A lot of us said at the beginning of the movement in 2009 that it took many decades for us get in our current mess. We weren't going to get out of it in a few months. And so, we didn't succeed immediately and beyond our wildest dreams. For this, the opposition is calling still for us to give it up and go away quietly.

Go fish.

Democrats say the state of things is the Republicans' fault. Republicans reply that it is all Obama and the Dems. Tea Partiers point out that it is both sides of the professional politician racket bobbing and weaving and hoping no one catches on to them.

We have caught on to them. If you are part of the Tea Party, thank you for hanging in there. The tough times are far from over, you know that. Keep up the fight.

Wednesday, November 23, 2011

Same old trap on casino gambling

In much the same way that you can't have open borders and a welfare state, you can't have expanded state govenment revenue streams with enormous social costs in a welfare state.

Casino gambling in Kentucky can't pass the legislature without promising to fund too many pet projects with all the hoped-for revenue. And it can't, in reality, fund all the projects.

Take, for example, Rep. Alecia Webb-Edgington. She gives her laundry list of funding suggestions in the video below and then states she will not vote for casinos if funds are not devoted to those areas.

The people want casinos to help the horse industry have to figure out a way around those who want casinos to make government bigger. In other words, they are still at square one after all these years.

Tuesday, November 22, 2011

Another $2 billion hole in Kentucky's pocket

Last January, The Washington Post ranked Kentucky's gubernatorial race as the most important one to watch in 2011.

It never materialized in the fall because the best points of attack against Gov. Steve Beshear (tax increases, massive bonded debt and underfunding of the state employee benefits plans) all applied equally to Republican nominee Senate President David Williams.

In fact, an actuarial report out today from the Kentucky Retirement Systems showed the legislature over the last four years cut short their required payments into the pension plans by more than $2 billion.

It's very likely this blog post is the first you are hearing about this latest outrage. If you would like to have access to information like this without waiting to see what the mainstream media filter wants you to know, click here to sign up for Kentucky Knows Best email updates. You only need to provide your email address and then respond to one confirmation email.

The Smurf Employment Act of 2012

Kentucky state Rep. Brent Yonts is pre-filing a bill that would encourage methamphetamine cooks to create jobs throughout the Bluegrass state.

Of course, that's not the way he is selling it.

Funny that politicians "fighting" drugs actually create jobs while doing so but, for once, don't want to talk about it.

Monday, November 21, 2011

No more wire hangers!

Sparks will fly in Frankfort tomorrow with the expected release of the Kentucky Retirement Systems' annual actuarial report. The report will show in detail how drastic underfunding in state budgets has drowned Kentucky's public employee benefits plans in red ink.

On the campaign trail this fall, Governor Steve Beshear remained silent about the status of the benefits plans and Senate President David Williams repeatedly attacked anyone who mentioned the fact that he helped underfund the plans to the tune of billions of dollars. Perhaps we will hear from them on this tomorrow.

If Beshear and Williams were Hollywood actresses, Beshear would be Greta Garbo and Williams would be Joan Crawford.

Duck and Cover time in Frankfort

The Kentucky legislature on Tuesday morning will hold a committee discussion about potential banking and insurance issues for the upcoming 2012 General Assembly session.

In the age of ObamaCare decimating health insurance and Dodd-Frank wrecking the financial sector, this is as close as Frankfort gets to must see tv.

The meeting starts at 10 am in room 149 of the Capitol Annex and will probably be available on the internet at www.ket.org.

Friday, November 18, 2011

Why would they think that?

The Lexington Herald Leader printed an article today about the disastrous Kentucky Retirement Systems' mishandling by Frankfort leadership. The article contained no new information and could have been written any time since the pension special session in 2008.

There was one telling statement, though.

The article quoted KRS actuary Thomas Cavanaugh talking about how ignorant Frankfort politicians are about the biggest financial disaster in state government.

"I'm sure there are people in the legislature who think they'll be 100-percent funded in 2025 based on what they’ve done," Thomas Cavanaugh of Cavanaugh Macdonald Consulting told the KRS board.

And the reason any elected official in the legislature might think that Kentucky's continued underfunding of the pension system will magically lead to 100% funding in 2025 is the mainstream media has carefully avoided telling them anything else.

Thursday, November 17, 2011

What will Kentucky Senate GOP do?

Last year at this time, Kentucky's Senate Republicans put up a comprehensive agenda in an ambitious if transparent attempt to give Senate President David Williams some conservative credentials.

Now that Williams is no longer a candidate for governor, will Senate Republicans move in 2012 to show that 2011 was more than a campaign stunt?

Despite some calls for Williams to step down, he remains the President of the Senate. He says that he will be a better Senate President. We sure need one.

He could start by showing up for the redistricting discussion. House Speaker Greg Stumbo has shown his hand, which appears to show that he wants Congressman Hal Rogers' job. And the congressional delegation seems to be playing the same game. Williams will do well to propose a more balanced plan. And the sooner, the better.

Wednesday, November 16, 2011

Will Mike Cherry show up in 2012?

With Democratic Sen. Dennis Parrett's pre-filing yesterday of a bill to clean up the David Williams pension scandal, only one caucus of the General Assembly has failed to show interest in the effort.

House Republican Ron Crimm and Senate Republican Jimmy Higdon previously filed similar bills to what the Senate has passed the last two years. House Democrats failed to respond both times, choosing instead to keep the issue on the table as Senate President Williams ran for governor.

In fact, Rep. Mike Cherry filed such a bill in the 2011 session but didn't even call it up for discussion in his own committee.

Tuesday, November 15, 2011

Will Gary Johnson sue WKYT and WLKY?

Presidential candidate Gary Johnson filed a campaign finance complaint against CBS with the Federal Election Commission today, claiming that by excluding him from its televised debate the network contributed illegally to his opponents.

CBS will claim exemption from the rules under the federal media exemption, but Johnson has made a good point. He's polling even with Jon Huntsman and Rick Santorum. If they can receive the significant value of inclusion in a prime time nationally televised debate but he can't, are our federal campaign finance laws really providing equal protection to all citizens? Why not?

Incidentally, Kentucky doesn't have a media exemption. Perhaps Johnson should file his complaint against the CBS affiliates here.

Monday, November 14, 2011

Industrial hemp won last Tuesday

Overlooked in much of the post-election punditry is the increasing support for industrial hemp as a cash crop in Kentucky.

When conservative candidates started campaigning on hemp cultivation last fall, establishment politicos attempted to capitalize on common misperceptions about hemp to scare people.

The election of James Comer as Agriculture Commissioner could well change that. Comer campaigned in support of hemp and now has the opportunity to lead on an issue whose time has come.

There is already one bill pre-filed to support growth of hemp in Kentucky. Expect there to be more.

Let the unwinding of ObamaCare begin

The U.S. Supreme Court just announced a ruling on the constitutionality of ObamaCare will probably come in June 2012.

Kentucky can move to protect ourselves somewhat from the unpredictable nature of the Court. Let's begin by sending back the federal money delivered to Frankfort to begin implementation of ObamaCare. And then let's repeal Kentucky's Certificate of Need laws.

Lots more to do before June, but that's a start.

Sunday, November 13, 2011

Ken Moellman didn't beat K.C. Crosbie

The front page of the Lexington Herald Leader on Saturday exclaimed in large letters that Kentucky tea partiers didn't accept blame for GOP losses this week. And we don't, but that will not deter the establishment types eager to hang K.C. Crosbie's narrow loss in the Treasurer's race around the Tea Party's neck.

The issue first came up earlier in the year when Tea Party Republican candidates Phil Moffett and John Kemper signed Libertarian candidate Ken Moellman's ballot petition. Changing Kentucky's ballot access laws to end the artificial GOP/Democrat duopoly will be a great Republican issue when the party grasps the idea that the real enemy is a system that limits voters' voices by limiting their choices. If you need a refresher on the concept, watch the movie Miracle on 34th Street.

The bottom line is 843,028 people voted in Kentucky's latest election and only 806,590 cast a ballot in the Treasurer's race. That's more than enough apathy to have made up K.C.'s 17,497 vote deficit in the race.

That's also not as far-fetched as the assumption all of Moellman's 37,261 votes would have gone to Crosbie. Moellman campaigned on shutting down the Treasurer's office, just as GOP nominee Melinda Wheeler did four years ago. Crosbie campaigned on doing more with the office.

If the Crosbie loss turns into another excuse for the GOP establishment to flog tea partiers for holding onto their principles, then nothing good will come of this. If, instead, Republicans show openness to ideas (and, more importantly, confidence in their own) by championing the repeal of bogus ballot access hurdles for people who are not Republicans or Democrats, a step toward solidifying support for the small government ideals we claim to support will have been made.

I'm not holding my breath. Are you?

Saturday, November 12, 2011

Et tu, John David Dyche?

Establishment politicians are really, really big on loyalty-for-its-own-sake, especially when things aren't going well for them. So it was extraordinary to see Louisville Courier Journal columnist John David Dyche call on Senate President David Williams to step down.

Should be interesting...

Friday, November 11, 2011

Newt Gingrich gets the third thing wrong

If you think Rick Perry forgetting the name of the Energy Department was an unforgivable sin, click here.