Comments on Advance Indiana™: Peterson May Ditch Pension Bond Deal

What about the 20+ million increase in pension def...

2007-11-16T22:05:00.000-05:00

What about the 20+ million increase in pension deficit by IPD and Marion County? The dropout provision allowed 155 IPD officers to receive 100k if they retire in the next three years. Then Frank added another 5 million for his staff.

Just saying it's not all past history 20 million isn't chump change.

Ballard and the republicans and the FOP were all o...

2007-11-16T19:11:00.001-05:00

Ballard and the republicans and the FOP were all opposed to the COIT increase...so repeal it and let them fikgure out an answer to the pension mess left by Goldsmith WITHOUT raising taxes.

Ballard and the republicans and the FOP were all o...

2007-11-16T19:11:00.000-05:00

Ballard and the republicans and the FOP were all opposed to the COIT increase...so repeal it and let them fikgure out an answer to the pension mess left by Goldsmith WITHOUT raising taxes.

So, how are the problems of Indianapolis the state...

2007-11-16T10:32:00.000-05:00

So, how are the problems of Indianapolis the states problem? I just don't get it. The taxpayers in this state should not have to pay the tabs for this city/county.

Wonder what other financial traps are going to com...

2007-11-16T10:09:00.000-05:00

Wonder what other financial traps are going to come up for our city before Peterson leaves?

I fear things are far worse than we ever thought.

Peterson was hell bent on getting that COIT through no matter what. I smell something and it stinks.

I suppose we will all know soon enough.

A LIAR IS A LIABILITY.

Peterson sought the COIT this summer because the l...

2007-11-16T09:27:00.000-05:00

Peterson sought the COIT this summer because the legislation required this be done by Aug. 1st. It wasn't until the full extent of the property tax crisis was known that Daniels extended the window to pass a COIT. Now, the legislature must act on Organization Day to change the original legislation to account for Daniels' extension. If they fail to act, all COITs passed around the state AFTER Aug. 1st will be invalid. We need to secure these pensions.

bart peterson bragged for months about raising the...

2007-11-16T09:01:00.000-05:00

bart peterson bragged for months about raising the income tax to pay for pension shortfalls.

Now we find out the truth: "which earmarks $30 million to cover debt service on the pension issue."

"Debt service," Virginia, is INTEREST on a loan or obligation.

6:39's comment is the unfortunate kind of "gotcha"...

2007-11-16T07:31:00.000-05:00

6:39's comment is the unfortunate kind of "gotcha" that too often prevails in politics today.

Let Mayor-elect Ballard determine, while in office, how he continues the pension balance act. I am interested in his solution.

I'm not interested in rinky-dink politics with approved budgets.

Whether you voted for Ballard or not, the quicksand underneath him shouldn't be shifting by the hour.

Sidebar: to the geniuses in Petersons office and campaign, who determined that August 2007 was THE ideal time to address the unfunded pension liability. The police pension fund was in bad shape in 2000, and in 2004. Why now?

It was the nail in the mayor's political coffin, especially in the same timeframe he publicly embraced hideous council leadership.

Ballard was opposed to the raise in COIT and said ...

2007-11-16T06:39:00.000-05:00

Ballard was opposed to the raise in COIT and said the shortfall could be paid from trimming the "fat" in the budget....the voters dont want him. The Dems should give Ballard and the voters what they want and rescind or sunset the increase and let Ballard trim, trim, trim.....be careful what you wish for or say you can do.