isadore;984951 wrote:Kasich is richly deserving of blame. While serving as a managing director for the criminal enterprise known as Lehman Brothers he served as a go between in the sale of toxic investments to government workers pension funds, and was an accomplice in producing our Great Recession that deprived state and local government of tax revenue. As governor he has pushed tax cuts that again cut revenue needed to operate the state government and provide intergovernmental funds for local government and the schools.
Then he follows the route of the demagogue by scapegoating public employees for problems they did not create. But the people of Ohio knowing the truth rejected his effort and gave him a humiliating defeat. Oh if we only had recall.
Please enlighten us further by elaborating on Lehman Brothers; what specifically was "criminal" about their business? What value did they provide to markets? What benefit or cost has accrued due to their absence? Why were they allowed to go bust, when shortly beforehand another entity was saved? Was Kasich's low level manager position at their Columbus satellite branch office significant? What does it have to do with unaffordable and unsustainable compensation packages wrought by public sector bargaining forced upon Ohioans beginning in 1983?
Then compare and contrast all of that with CRA, Fannie Mae and Freddie Mac and the fraudulent cooking of their books by Franklin Raines and Jamie Gorelick who then pocketed over $200 million in illegal bonuses paid for by the taxpayers, Sarbanes Oxley, and lastly Dodd-Frank: the Housing and Jobs Destruction Act.
Of course, you will have to take off the blinders, abandon the special interest union talking points, and gain a lot of understanding. Good luck.