
Will Angelides Follow The Howard Dean Pension Plan?
Two things in Phil Angelides’s uninspiring resume jump out at me as he appears at hisgazillionth "Democrat Unity" event today with screaming presidential wannabe Howard Dean. One isthat Angelides just loves to hang out deep down with the labor unions’ pocket lint. And two, he has been repeatedly and inaccurately attacking Governor Schwarzenegger over public employees’ pensions. The latter is where Howard Dean comes in.
As governor of Vermont in 1995, Howard Dean pilferedseven million dollars from state pension funds –five million dollars from a teachers’ pension fund andtwo million dollars from a state employees’ fund. (Those are big numbers in a small northeastern state like Vermont.) Dean skirted having to pay for pensions and health benefits for state employees by capping thenumber of state employees and instead hiring contractors.And he used the money garnered by these maneuvers to help close the state’s budget deficit.
Phil Angelides holds Howard Dean up as an example of the kind of Governor he’d like to be. By… Read More