Lehman holdings cost Ohio pensions $480M

Nearly 500 Billion down the Kasich drain and the right is DeWhining over reform.
First they are for it, Then they get a call from Wall Street, Then they are against it.

Today the FBI and IRS are uncovering millions in republican state financial abuse.
States where Kasich has big money connections.
The Dispatch is not blowing smoke here, this was also news back in mid-winter.

Republicans and tea baggers who claim a "Higher Standard" to get votes,
Should be held to THEIR OWN STANDARD.

I'm betting that the closer we get to election time the more we'll find out how crooked Kasich really is.

Kenny wrote:

I'm betting that the closer we get to election time the more we'll find out how crooked Kasich really is.

At least $480 million crooked.

Quick - email Obama so he can cut a check.

The IRS uncovering millions - is this the same IRS headed by a tax cheat?

Does anybody believe this number? If FASB, Financial Accounting Standards Board can give us Enron, then imagine what GASB, Governmental Accounting Standards Board has in store for us. Here's the dirty secret: the levels of debt are/will never be re-paid. All politicians can do is continue the charade of 'managing' this problem. Decode that to mean raising taxes. When did we ever hear a politician say, "I was wrong and here's the money to cover my ignorance or criminal negligence..."

No wonder why Kasich refuses to reveal his tax records or tell how he used his crony influences to get Ohio to invest with his company during the Taft years.

Does the Democratic National Committee have the state-controlled media on speed dial? This is just another attempt by the Democratic/media party to link John Kasich with Lehmann Bros.
Dear media and Dems: Here's what people care about: Jobs. Under Ted Strickland and Lee Fisher 330,000 jobs (probably more by now) have been lost, the state unemployment rate is at 11% and young people are fleeing right after they graduate from college. If you want four more years of that, vote Strickland.
As for you whiny union scum, if your precious private retirement investments, which allow you to retire after 30 years, aren't working, then dump all your money into social security like the rest of us. Oh, you might be lazy and worthless, but you're not stupid.
One last thing: Barack Obama took MILLIONS from Wall Street in his presidential bid, and Democrats too five times more thann Republicans from the financial-services sector in the last election cycle. That's something the press never points out.
So you're little web of deceit might work with Pravda but the rest of us are paying attention to your lies, obfuscation and subterfuge.

really wrote:

Does the Democratic National Committee have the state-controlled media on speed dial? This is just another attempt by the Democratic/media party to link John Kasich with Lehmann Bros.
So you're little web of deceit might work with Pravda but the rest of us are paying attention to your lies, obfuscation and subterfuge.

Geez, get real, Really. Dispatch is State-controlled media? Lehman Brothers and Wall Street reform is a time bomb for John Kasich in governor’s race – assuming Dems develop the issue and keep driving it. Dispatch reported Kasich yesterday that Kasich helped take Google public when he was Managing Director of Lehman. His “Zanesville car dealer for GM” defense arguing that he was a “simple country boy in the Midwest office” of LB is starting to crumble. More than a half mil in bonus and comp during 2008 meltdown of LB and US economy was pretty good for a country boy in the Midwest office.

QUOTE who="really"Does the Democratic National Committee have the state-controlled media on speed dial? This is just another attempt by the Democratic/media party to link John Kasich with Lehmann Bros.
Dear media and Dems: Here's what people care about: Jobs. Under Ted Strickland and Lee Fisher 330,000 jobs (probably more by now) have been lost, the state unemployment rate is at 11% and young people are fleeing right after they graduate from college. If you want four more years of that, vote Strickland.
As for you whiny union scum, if your precious private retirement investments, which allow you to retire after 30 years, aren't working, then dump all your money into social security like the rest of us. Oh, you might be lazy and worthless, but you're not stupid.

You Are Right: WE ARE NOT STUPID.
We will not accept 35 years of stagnant wages for ANY worker, union or non-union.
We will not accept the loss of jobs to corporate theft that steals Americas future.
We will not accept silence in the face of hate,fear,greed,abuse,lies, and propaganda.
We will not accept others losing their homes to Wall Street Banks that we subsidize.
We will not accept "HELL NO YOU CAN'T" as a final answer.
WE CARE NOT WHAT THE COST TO US;
WE WILL BLEED, BEFORE WE ALLOW OUR BROTHERS TO SUFFER.
WE ALWAYS HAVE, WE ALWAYS DO, WE ALWAYS WILL,
WE ARE NOT STUPID

Lets get it right people...the Dispatch is Republican based and owned. They are not going to rip any Republican's unless it is deserved and true. Jobs were lot because the economy went to crap. I highly doubt Strickland was that powerful and was able to skyrocket job loss all by himself. The economy played a key role in that one. Stop blaming everything on him.

I had two posts (2nd merely clarified 1st), can anyone tell me where they might be?

Thanks.

The Tom Noe debacle seems eerily similar to the current Lehman/Kasich situation. I'm not ready to say just how involved John Kasich was in the whole Lehman Brothers disaster, but I certainly am not going to dismiss his involvement just because he and his campaign tell me to. The Noe scandal started small and hazy, but as the weeks and months went on, it became bigger and bigger.

We have not yet heard the whole story, and I for one would very much like to hear just what Mr. Kasich knew and when he knew it. 500K + bonuses is a large salary to be sure, and that was his pay after the collapse. So I think we can reasonably guess his pay/bonuses were much higher before the downfall. So he most likely is not releasing his prior tax returns because they are much higher which would cause people to wonder just how much pull he really had at Lehman.

If Mr. Kasich has nothing to hide then simply release the tax returns and assure us that a man who was a 6 term US Congressman and onec candidate for US President was just a "small fry" at Lehman.

corporate world politicians come and go why would KASCICH WANT TO BE governor?

Bulldog Ben wrote:

<quoted text>
Geez, get real, Really. Dispatch is State-controlled media? Lehman Brothers and Wall Street reform is a time bomb for John Kasich in governor’s race – assuming Dems develop the issue and keep driving it. Dispatch reported Kasich yesterday that Kasich helped take Google public when he was Managing Director of Lehman. His “Zanesville car dealer for GM” defense arguing that he was a “simple country boy in the Midwest office” of LB is starting to crumble. More than a half mil in bonus and comp during 2008 meltdown of LB and US economy was pretty good for a country boy in the Midwest office.

What does that have to do with Strickland's inability to govern the state? Do you chide Democrats for taking hundreds of millions from Wall Street? What about all the bankers in the Obama administration, or the tax cheats?
These are just diversionary tactics. The real story is Strickland being a union-loving, dinosaur Democrat bum. In Ohio, nothing matters more than jobs. The job of governor requires results. Strickland's results are all bad. The fact that you think Ohioans care more about Kasich making a half mil from Lehman Bros. than they do about the shape fo this state's economy is just laughable.

Union Veterans wrote:

QUOTE who="really"Does the Democratic National Committee have the state-controlled media on speed dial? This is just another attempt by the Democratic/media party to link John Kasich with Lehmann Bros.
Dear media and Dems: Here's what people care about: Jobs. Under Ted Strickland and Lee Fisher 330,000 jobs (probably more by now) have been lost, the state unemployment rate is at 11% and young people are fleeing right after they graduate from college. If you want four more years of that, vote Strickland.
As for you whiny union scum, if your precious private retirement investments, which allow you to retire after 30 years, aren't working, then dump all your money into social security like the rest of us. Oh, you might be lazy and worthless, but you're not stupid.
You Are Right: WE ARE NOT STUPID.
We will not accept 35 years of stagnant wages for ANY worker, union or non-union.
We will not accept the loss of jobs to corporate theft that steals Americas future.
We will not accept silence in the face of hate,fear,greed,abuse,lies, and propaganda.
We will not accept others losing their homes to Wall Street Banks that we subsidize.
We will not accept "HELL NO YOU CAN'T" as a final answer.
WE CARE NOT WHAT THE COST TO US;
WE WILL BLEED, BEFORE WE ALLOW OUR BROTHERS TO SUFFER.
WE ALWAYS HAVE, WE ALWAYS DO, WE ALWAYS WILL,
WE ARE NOT STUPID

Spare me your manufactured outrage and "workers of the world unite" speech. No one's greedier than a government worker. Nobody.
And remember, this so-called "corporate greed" keeps funding your medical benefits and keeps your big fat retirement paycheck coming in.
Go stage another phony rally. I'm sure the lapdog media need another photo op.

What's really comical is that some of you nimrods will actually vote for ex-lehman executive kasich for governor of this state!

hey whiny govt. workers - if you think wall st. is so bad, why do you let them handle your money? don't you find it slightly ironic that these greedy demons who handle your retirement accts. let you retire after 30 yrs.
if you love and trust the govt. so much, put some skin in the game. join the social security party. there's plent of room.

really wrote:

<quoted text>
What does that have to do with Strickland's inability to govern the state?
Nothing. He has proven his ability.

Do you chide Democrats for taking hundreds of millions from Wall Street?
Only if they worked for Lehman Brothers.

What about all the bankers in the Obama administration, or the tax cheats?
Well, nothing about them if they are better at regulating banks than Bush folks were and they pay their taxes.

These are just diversionary tactics.
Oh sure, I'm diverting from this story thread on Lehman and you are not in the next sentences.

The real story is Strickland being a union-loving, dinosaur Democrat bum.
And that comment is NOT diversionary?

In Ohio, nothing matters more than jobs.
Agree.

The job of governor requires results. Strickland's results are all bad.
Dead wrong.

The fact that you think Ohioans care more about Kasich making a half mil from Lehman Bros. than they do about the shape fo this state's economy is just laughable.

Nope, Ohio jobs are more important, but Lehman is a ticking time bomb for Gordon Gecko candidates like Wall Street JK

Bulldog Ben wrote:

<quoted text>
Nope, Ohio jobs are more important, but Lehman is a ticking time bomb for Gordon Gecko candidates like Wall Street JK

If you can live with being a hypocrite, I certainly can. And if this is the best argument you and your pals in the unions and media can come up with, Strickland is in worse shape than you thought.
All polls say the top concern for Americans is jobs, not Wall Street "reform." In Ohio, unemployment is 11%. That's what Ohioans will be thinking about on election day.

really wrote:

<quoted text>
Spare me your manufactured outrage and "workers of the world unite" speech. No one's greedier than a government worker. Nobody.
And remember, this so-called "corporate greed" keeps funding your medical benefits and keeps your big fat retirement paycheck coming in.
Go stage another phony rally. I'm sure the lapdog media need another photo op.

That's Fact and That's Reality,(unlike right wing political fiction)
Nothing to do with "outrage", Nothing to do with a "Speech.
We Are The Union...
Corporations do not "pay" our benefits, We EARN Our Benefits.
Those are negotiated contracts, As they are with CEOs.
Baseball,Football,Basketball,G olf,Black Water,Limbaugh, All have contracts.
Unions did not invent contracts, That's Capitalism
Hate the Game, Not the Players.
We Earn Our Benefits and Pay for them out of our Contracts.

You can peddled all that poison hate around to spin the truth all you like,
But the right will discover and be forced to acknowledge before it's all over with,
Unions built this nation, And Unions are here to stay
WE ARE THE WORKING MIDDLE CLASS OF AMERICA

And when it's time to fish or cut bait,
All that right wing and phony tea bag B/S walks,
It's the reality of working middle class people that talks in America.
"The Real Right" Was Part Of That From The Start.
The American Federation Of Labor ("THE AFL")
Was,Is, And Remains One Of The Few Original Voices Of True Conservatism In America