Kentucky Governor Dismisses Marijuana Legalization As A Means To Address Pension Problem
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Kentucky Governor Dismisses Marijuana Legalization As A Means To Address Pension Problem

Kentucky Gov. Matt Bevin said that legalizing marijuana and taxing it to death would not solve the state’s underfunded pension problem. And he’s right. After all, out of the 50 U.S. states, 41 are completely unable to pay all their bills, racking up over $1.5 trillion in unfunded debt — Kentucky is one of them.

Being one of the states with the worst-funded pension systems in the country, it’s obvious that Kentucky will struggle as it enters an uncertain, unfunded future. And Gov. Bevin, desperate to not look like the one who let the mess get out of hand, called for a special session to fix the problem. Unfortunately, lawmakers failed to come up with any solution, even after the governor’s pressure.

Discussing the issue with the media, Bevin said that even if the state legalized marijuana it wouldn’t help. After all, it would take “hundreds” of years to replenish the public pension system.

Early in 2018, a criminal justice reform bill that would have helped to save the state money failed to make it to the governor’s desk.

The piece of legislation, which was promoted by Bevin, would have helped to save state taxpayers $340 million by putting an end to the growth of Kentucky’s prison population. Part of the changes promoted by the bill included reducing first- and second-offense drug possession charges from felonies to misdemeanors.

Similarly, the legalization of marijuana could at least help the state control its prison population by no longer making it a crime to possess any amount of the substance. That along with the tax revenue associated with the legal sales of weed could end up boosting the state’s revenue regardless of whether it would help the pensions system in the short term. Interestingly enough, Bevin doesn’t seem to buy into the idea.

“I personally see some of these things as ‘it looks good, sounds good’ but doesn’t even begin to make a real dent in the issue without the structural changes,” he explained.

Only The Market Can Fix The Pension Problem

States are inherently inefficient. So why do we keep acting as if bureaucrats should remain in the business of old-age security?

Precisely because financial security and retirement are long-term issues, politicians are the wrong people for the job. After all, their goal is to satisfy voters’ short-term needs. Unfortunately, state-run pensions have slowly entrenched themselves as rights, and courts have consistently rejected any changes to the system. The result? All politicians can do is to promise and push for more taxation so public employees get their retirement money.

For taxpayers to be protected, the only real solution is to bring the public pensions system to a complete end. But who will let this happen?

With federal, state, and local governments employing 17 percent of U.S. workers and 35.4 percent of people living in the country on some type of welfare, it’s clear that few, if any, voters would really go for the politician who promises to bring the public pensions system to an end.

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2 thoughts on “Kentucky Governor Dismisses Marijuana Legalization As A Means To Address Pension Problem

  1. What Matt Bevin does not grasp is that politics is violence. He does not understand that manmade law has supplanted Jehovah God’s law and of course manmade law is infected with all sorts of Satan’s wickedness and evil and immorality. So, Bevin is on a fool’s errand so long as he worships at the altar of “god-politics.” Look at the history of the world and it is testimony to the failure of manmade law and thus a testimony to the utter evil of Satan. Why to seemingly Christian people vote? Why do they vote for Satan’s acolytes? Are so called Christian voters apostates? Surely seems so.
    The simple truth that so many people miss is that politics is violence no matter the make, model or flavor and yet people persist in voting. Go figure. Someone once said there is not a nickel’s worth of difference between political parties. Amerikan politicians, mostly Democrats, have passed “laws” that impose the 10 Planks of the Commie Manifesto. Voting is a n act of violence no matter one’s IQ.

    Sun Tzu said that all warfare is deception. Someone once said that war is politics by other means. Politicians lie/deceive/prevaricate; it is axiomatic. Politics is evilness, wickedness.

    Politics is a false god. When people worship false god-politics, they get disasters of wars, recession, inflation, and taxation (murders, economic ruin, theft of wages via inflation, debt slavery, welfare “statism” based on looting A to satisfy B and extortion/income tax.)

    See the video: Why Socrates Hated Democracy Ref. – https://www.youtube.com/watch?v=fLJBzhcSWTk

    Read Lysander Spooner’s No Treason No. 6, The Constitution of No Authority. And then check out The No State Project by Marc Stevens on YouTube where he asks: What factual evidence do you, judge, prosecutor, politician, IRS agent or anyone, have that the constitution and law apply to me just because I am physically present in some state such as commie/socialist Democrat dictatorship corruptifornia? It doesn’t exist and never has else we would be stinkin’ slaves on the plantation state run by masters/politicians and their overseers/judges/ enforcers in the “land of the free and home of the brave.” Why weren’t the Spooner and Stevens points taught in government schools? Conflict of interest? Prejudice? How diabolically ironic is that? Factual evidence would come in the form of a sworn affidavit of truth stating what, when, where, why, how and by whom one was made subject to the jurisdiction thereof. It was never brought up in any school I attended. I have never heard any MSM commentator produce the “factual evidence.” I have asked judges in court and on record to provide the factual evidence and not one of the six I have challenged could produce factual evidence thus failing to provide proof of jurisdiction.

    I recommend Ted R. Weiland’s books:
    Bible Law vs. The United States Constitution: The Christian Perspective http://www.missiontoisrael.org/blvc-index.php
    Law & Kingdom: Their Relevance Under the New Covenant http://www.missiontoisrael.org/law-kingdom.php
    Listen to Ted R. Weiland’s message on the fallacy of politics: http://www.kingdompromises.org/kingdompromises_audio/1052.mp3 If Christian Americans ever expect God to fulfill his half of 2 Chronicles 7:14, they must first repent of their national idolatry their love affair with the humanistic, pluralistic, polytheistic, and antichristian United States Constitution.

    CONSTITUTION MYTHBUSTERS
    The Beauty of Judicial Supremacy, Part 1 http://www.constitutionmythbusters.org/the-beauty-of-judicial-supremacy-part-1/
    The Beauty of Judicial Supremacy, Pt. 2 http://www.constitutionmythbusters.org/the-beauty-of-judicial-supremacy-pt-2/
    It is better to trust in Yahweh than to put confidence in man. (Psalm 118:8)

    I also recommend the Jehovah Witness website publications: https://wol.jw.org/en/wol/lv/r1/lp-e/0/5487

    The hate speaking, commie/socialist, Democrat, SJWs, snowflakes, MSM and politicians are clearly unethical, immoral. They play the emotions game but most people know that the first casualties of emotion are reason, logic and morality.

    Take a look at how Milton Friedman explains to Phil Donahue the fallacy of commie/socialism. This video should be viewed by all and then asked why they are voting for any politician that is commie/socialist. http://www.glennbeck.com/2014/01/14/the-blunt-truth-about-greed-and-freedom-was-delivered-over-30-years-ago/?utm_source=Daily&utm_medium=email&utm_campaign=2014-01-14_292717&utm_content=5355076&utm_term=_292717_292724
    http://www.youtube.com/watch?v=E1lWk4TCe4U

    Can one serve two masters without incurring wickedness, evil?
    Mark 3:25 And if a house be divided against itself, that house cannot stand.
    Matthew 6:24, No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.
    Matthew 12:25 And Jesus knew their thoughts, and said unto them, Every kingdom divided against itself is brought to desolation; and every city or house divided against itself shall not stand

    Is politics divisive? Is politics discriminatory? But of course it is; it is “baked-in.”

    Franz Oppenheimer identified the two basic means by which people can acquire wealth in the world: [1] the “economic means,” and [2] the “political means.” The “economic means” consists of relationships in which individuals voluntarily engage in transactions for the exchange of goods and services. The “political means” involve the forced taking of wealth belonging to one person and bestowing it upon another. In mutually-exclusive ways, these two methods implicate a principle whose support for or violation of determines the comparative civility of a culture: the private ownership of property is where “economic means” are premised on contracts (i.e., two or more persons freely exchanging ownership claims with one another), while the “political means” are grounded in confiscation (i.e., the taking of property by theft).

  2. The commie/socialists are of course not Christians as they believe in the use of political force/violence to loot A to satisfy B, i.e. they reject Jehovah God’s law that thou shalt not steal. This alone is sufficient for logical and moral people to reject Ocasio-Cortez and Bernie Sanders and the rest of the commie/socialist Democrats and their immoral, prejudiced, perverted, dishonest, economics illiterate clap trap. But then there is also the reminders about working vs. “free stuff.”

    2 Thessalonians 3:10 King James Bible
    For even when we were with you, this we commanded you, that if any would not work, neither should he eat.

    Matthew 10:10
    https://www.kingjamesbibleonline.org/Matthew-10-10/
    “Nor scrip for your journey, neither two coats, neither shoes, nor yet staves: for the workman is worthy of his meat.”

    The operate word is “work.” The corrupt politicians always seem to conceal that simple truth. Ocasio-Cortez is crooked; she is evil, she is Satan’s acolyte.

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