PERS Worse than Fuzzy Math: It’s Fictional
I Spy can now be heard on two different stations at different times!
Listen on Saturday: 11:00 to noon (Pacific time) on KYKN (1430-AM) or, if you’re outside of the Salem, OR, listening area, go to www.kykn.com and hit the “listen live” button. Or on Sunday, 7:00 – 8:00 p.m. (Pacific time) tune to KAJO (1270-AM) or if you’re outside of the Grants Pass, OR, listening area, go to www.kajo.com and hit the listen live button at the top of the page.
Our Guest: Daniel Re, Attorney and Jonathan Williams, Director of Tax and Fiscal Policy for ALEC
This week: If you’ve listened to the I Spy Radio Show, you probably already know that our host, Mark Anderson, has an MBA—that’s a masters in business administration—and that he’s also in the process of picking up his Doctorate in Business Administration. However, when it comes to PERS (Public Employee Retirement System), you don’t need a doctor’s degree to recognize when things seem a little fuzzy.
For example: unless you work for Congress, you intuitively know that completely fictional numbers with no basis in reality, when they’re used in accounting, are bad. But what most people don’t know is that this practice routinely occurs in government and that fictional numbers are what currently passes as “funding” for PERS. And not just here in Oregon but in states budgets across the United States.
Tune in to the I Spy Radio Show to hear just how bad off PERS really is — our guest Daniel Re will walk us through a chronology, step by awful step, of how it got this way. Then Jonathan Williams of ALEC tells us about the national situation and just how bad the situation really is but he also gives us solutions. Solutions that, if used, could bring a little reality to state budgets and put them on the track to recovery.
Have you heard our very popular “I Spy Minute,” aired weekdays at 10:00 a.m. during KYKN’s peak listenership? We’re looking for personal and corporate sponsorships to help keep these educational and informative minutes on the air. Are you a business owner (or know one) that would like “prime real estate” to advertise? We have two :30 ad spots following the I Spy Minute available, but you need to contact email@example.com or firstname.lastname@example.org to take advantage of these.
Saturday’s, 11:00 a.m. to noon, (Pacific time). Listen live on KYKN(1430-AM), or, if you’re outside of the Salem listening area, just go to www.kykn.com and hit the listen live button.
Or Sunday’s, 7:00 – 8:00 p.m. (Pacific time). Listen live on KAJO (1270-AM) or, if you’re outside of the Grants Pass, OR listening area, go to www.kajo.com and hit the listen live button at the top of the page.
Busy on Saturday or Sunday? Not a problem. Monday, after the show airs, you can go to our webpage www.ispyradio.com and download it from our “past shows” page.