As you read this, money and power are meeting with judges in Charleston, SC to shape written judicial decisions to cut constitutionally and contractually protected teacher pensions. Active and retired public employees across America are having their fates decided by the judges attending this “expenses paid” symposium. The same billionaires who created ALEC forty years ago to write America’s state and federal legislation are creating a judicial influence group we might call AJEC, the American Judicial Exchange Council.
Does the term “buy” seem too harsh to use when saying that the billionaires who fund AJEC buy judges? Well, the term “buy” seemed too harsh for all of these years when ALEC bought legislation and legislators (via campaign donations, PACs, Super PACs, etc.) – or “political influence” as it was more politely called.
It will not take forty years for AJEC to enrich billionaires by redistributing middle class wages and savings to these same billionaires and their families; ALEC taught them all they need to know. (The Koch Brothers alone profited by $18 billion dollars last year alone thanks to low/no tax legislation, the advance of the Keystone Pipeline, fracking deregulation laws, etc.)
This is not a conspiracy or plot; conspiracies and plots are secret behaviors. This is raw power doing its damage openly while the media empires they own give the meeting token coverage. Read the Huffington Post HERE.
Where is the Judicial Symposium on the Economics and Law of Public Pension Reform being held? In the luxurious Colonial Ballroom of the Francis Marion Hotel in Charleston, South Carolina. April 27-29, 2014.
Read the actual agenda from the symposium organizers HERE.
Read the names and credential of the panel presenters HERE.
Read the summary of purpose HERE.
Excerpt: “The Judicial Symposium on the Economics and Law of Public Pension Reform will discuss the looming financial and structural crisis facing state pensions systems across the nation. With several dozen states adopting modest to major reforms, the economic impact on plan beneficiaries will be substantial, and at least twenty-five jurisdictions are facing lawsuits due to the reforms adopted.
This symposium will comprehensively outline the underlying structure of pension systems, address the differences between public and private pensions, and detail the unfunded liabilities and potential bankruptcy issues arising from this crisis. It will also discuss the legal challenges to reform efforts under state constitutions citing both the contacts clause and the takings clause.
The symposium has been structured to allow ample time for participant dialogue with speakers and panelists.”
Pleas let ALL active and retired teachers and other public employees know about this event.