Thursday, February 14, 2008

County Pension Scandal Does Further Harm To Taxpayers

The pension fund debacle that drove former Milwaukee County Executive Tom Ament and a brace of supervisors from office continues to threaten the county's solvency.

A rocky investment climate and Wall Street losses could force taxpayers to infuse more dough into the system - - on top of a $50 million contribution this year, reports The Milwaukee Journal Sentinel.

The pension fund scandals, coupled with current Exec Scott Walker's ideological penchant for more cuts in services, continues to harm the county and its taxpayers' wallets.

The best start would be replacing Walker with a real problem-solver, and then the implementation of out-of-the-box approaches to restore the county to fiscal and political health and success.

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