More Potential for GOP Scandal. Oh No! Not in Josh Mandel's Office! Can't Be
Apparently, our state treasurer, Josh "The Empty Suit" Mandel isn't going to let our governor outdo him in setting up a situation ripe for abuse.
He has assumed ALL authority for deciding where state public pension funds are invested, with no input from the pension fund managers. He's getting some probably unwanted attention on this from the Columbus Dispatch:
And the Youngstown Vindicator:
Remember, this is the same Josh Mandel who, a few weeks ago in the Dispatch story, voiced the opinion that public workers had unrealistic expectations that their funds would not be able to deliver — but the figures he cited in the story were wrong, said the Dispatch.
In that story, Mandel expressed the opinion that the pension deals — hammered out last year and passed with bipartisan support — would have to be revisited, never mind that public workers had already increased their contributions and length of service to collect.
All this based on figures about the return the funds were showing that were way off and showed them to be in much better shape than Mandel was claiming.
Why on earth would anyone trust this guy to make decisions about where the funds would be banked?
Of course, why on earth would anyone trust this lazy, lying, unethical creep to begin with?
For the good of Ohio, the good of its workers and citizens, and the safety of its money, we need to elect Connie Pillich our state treasurer next year.