I’m packing things up today for the move, but have a couple of things to discuss.
State Treasurer Mike Fitzgerald sucks at being the custodian of the IPERS fund.
The Des Moines Register has a story today that says that State Treasurer Mike Fitzgerald missed the red flags leading to IPERS losing $339 million dollars. The Register just forgets to mention Fitzgerald in the story. Fitz is up for reelection in 2010.
People should be outraged about this, especially state employees and retirees who’s money Fitzgerald has lost. Republican’s should be using this story to find a competent candidate to run against Fitzgerald in 2010. If you want to know why I think republican’s can do well in Iowa in 2010 consider the following:
Governor Chet Culver and the Democrat Legislature: Increased Spending by a Billion Dollars, Mismanaged the Flood Recovery, Raised Taxes, Forced Local Governments to Raise Taxes, and will have budget problems for the foreseeable future. Oh, and they can’t pass one significant piece of union legislation…
State Treasurer Mike Fitzgerald: Lost $339 million dollars of current and former state worker retirement funds. If he was in the private sector he would be out of a job today. Since he’s an elected official he will probably get reelected by a wide margin.
Secretary of State Mike Mauro: While it’s not in the news, there was rampant voter fraud in the 2008 elections. As these matters get investigated and come to light, Mauro could be damaged.
Tim Albrecht’s TheBeanWalker.com launched last night. Iowa now has its own version of the Drudge Report. So I wonder, instead of having the famous Drudge siren, will the Bean Walker use something like this:
I mean if you want to keep with the ag theme it seems appropriate.
If you are like me and are not up to date on the term “walking beans” the ever helpful Kay Henderson gives us a history lesson. Maybe it’s the part of the state I’m from but I only knew of detasseling corn.
See you tomorrow at TheIowaRepublican.com!