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Why people must vote for Andrew Romanoff: Report: Bennet-backed pension deal costs millions

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Hawkeye-X Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 08:41 PM
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Why people must vote for Andrew Romanoff: Report: Bennet-backed pension deal costs millions
http://www.9news.com/news/article.aspx?storyid=147158&catid=339

DENVER - The Denver school system is reportedly stuck paying millions of dollars in interest and fees because of a pension financing deal recommended by Sen. Michael Bennet while he served as superintendent.

The New York Times reported Friday that the deal has cost Denver at least an extra $25 million.

The Denver school board unanimously backed the deal in 2008 in hopes of saving tens of millions of dollars in annual debt costs.

But, much like an adjustable rate mortgage, the deal's interest rate was subject to change depending on economic conditions.

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hlthe2b Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 08:45 PM
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1. Dropped my primary (Romanoff-yes) ballot off today
The office at Bannock and 14th had a lane blocked off to allow you to drive up and drop it off. I ended up on the wrong side initially and had to go around the block. Both times, I was the only one coming by.... I hope more people sent their ballot in by mail or will take up this drive by option next week--otherwise, this may be a dismal turnout.
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Hawkeye-X Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 09:09 PM
Response to Reply #1
3. Mailed mine out the day it arrived
so the turnaround is fast, and two days later, it's at the Election Office, and got a receipt via e-mail (Ballot trace)
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Esse Quam Videri Donating Member (256 posts) Send PM | Profile | Ignore Fri Aug-06-10 08:57 PM
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2. Our ballots for Andrew
went out last weekend.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 09:30 PM
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4. My wife and I will be voting for Andrew...
About the only reason to go to the polls.
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