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Why Does This Matter?
For those of you not familiar with defined benefit’s (DB) huge problems please read some or all of these opinions that I have saved over many years. You’ll have a much better understanding of DB issues.
My Blue Robe of Truth platform explains many details of how I believe Minnesota pension leaders create tremendous DB retirements for government employees while unethically forcing present and future taxpayers to pay billions of dollars to help pay for them.
Please keep in mind that some states have never used DB and others have moved away from DB. Minnesota won’t change even though options exist, keeping the taxpayer as a backstop for any and all poor decisions. Pension leaders were not always this greedy but in the last 40 years or so they realized that there is no accountability so why not create fantastic pensions for public employees. This is also a great way to keep power. Starting in video four and extending into five I explain how I have found no objective principles or ethics involved in decision making. There are no guardrails to safeguard taxpayers.
ABOUTME
My roots are in Minnesota and have graduated from North Saint Paul High School, Gustavus Adolphus College and the University of Minnesota Dental School. I am blessed and fortunate to have two great adult children. Sports have always been a part of my life, playing tennis for decades and now pickle ball. Everybody should play pickle ball, it’s a great sport! I have worked in Saint Paul and have lived here over fifty years.
Something in me is attracted to ethics. I first volunteered to help teach an ethics class while working part-time at the dental school. Later I spent seven years on the Saint Paul Dental Peer Review Committee, about half the time as chairman.
Adversity has also fueled my drive. I am routinely rejected when I write a letter to the editor and old friends have limited my time to a few minutes about my latest discoveries surrounding pensions. Let the crazy man talk for 5 minutes during a long weekend trip, no questions and no interest. The next year no time was allowed. Cancel culture is alive and well.
My new platform is about public pensions and how they are a significant way that our government benefits one of its favorite groups, public employees. Minnesota has layers of problems that I want to expose and am pretty sure our pension leaders have created public employee elitists, but I need more facts to prove that. Right now I believe statutes exists to hide the truth about what they have created. I need help! Who is good at data practices? How many retirees are multimillionaires? I need to know if some retirees are given more money in retirement than when working.
Talking truth to power is scary stuff but I am motivated by how badly taxpayers are treated, unlike many other states. It’s billions of dollars.
I’ve spent many hours studying our public pension system and believe that something is terribly wrong!
Please judge me by ideas presented and most importantly trends. My outlier eyebrow or bad hair days or how materials are organized or presented are not the point. I am trying!
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