Walker Reaches For Trust Funds

[Sportsguy]

http://www.politiscoop.com/component/content/article/35-last-24h-news/474-walker-reaches-for-trust-funds.html

Madison Wisconsin -- Wisconsin has witnessed Scott Walker annihilate workers right to negotiate, gut public schools by 800 million dollars, dissolve the commerce department and install a private corporation, engage in cronyism, eradicate Planned Parenthood, cut benefits for the young, elderly and those most in need and the list goes on. But what else could he possibly take from you and sell off to greedy corporations?
The answer: Your land and $835 million dollars of K-12 funds.

Before I get to the bottom line, let’s see how Walker intends on pulling off this feat in the name of Wisconsin being broke. Assembly Joint Resolution (AJR26) seeks to dissolve the office of Secretary of State and the Office of Treasurer for the state of Wisconsin. Now it is no secret that the current treasurer campaigned on the premise that the job is useless and a waste of tax payer money, yet not so useless since they still need to find someone to fulfill his duties. Although I’m sure Walker appreciates this opportunity, the current Secretary Of State and environmentalist Doug Lafollette disagrees.

You see, both office holders sit on The Board of Commissioners of Public Lands. This board is Wisconsin’s oldest state agency,and is comprised of Secretary of State Douglas La Follette, State Treasurer Kurt Schuller, and Attorney General J.B. Van Hollen. This board is charged with carrying on the pioneering commitment of Wisconsin’s early leaders to a constitutionally protected form of public education financing that originated with millions of acres of land granted by the federal government.

Nearly all of the Trust Lands were sold over 100 years ago. The proceeds were used to establish the Trust Funds, which continue to grow with revenue from unclaimed property, clear proceeds of civil and criminal fees, fines and forfeitures, and modest revenue from the remaining managed forest lands. Wisconsin’s trust lands and funds are managed by the Board of Commissioners of Public Lands (BCPL). Created when Wisconsin gained statehood in 1848, BCPL currently manages four trust funds that total approximately $835 million in financial assets and slightly less than 78,000 acres of land.

This asshole is insane and has to be stopped. How could he have been emboldened after Democrats kept ALL their senate seats in the recall elections, and republicans LOST 2? I'm serious, is he ill? He is OUT OF CONTROL! Wisconsin is so fucked.

[kestrel91316]

1. Land Grant universities are some of this nation's greatest assets.

Privatizing them, as is his apparent goal, is IMHO a crime against humanity.

http://en.wikipedia.org/wiki/Land-grant_university

My alma mater, Colorado State University, with its stellar programs in agriculture, science, and engineering is but one example.

Now we see through a glass darkly - they truly loathe science, and want to corporatize it. And they loathe education of anyone other than the wealthy - land grant schools are among the best deals out there.

[Scuba]

2. K & R Thanks for posting

[Sportsguy]

5. You Are Welcome

This information took my breath away. KInd of begs the question, "How far will he go with his insanity"? Jesus Christ.

[Oceansaway]

3. Go WI !! Recall Walker !!...n/t

[WinkyDink]

4. What will he do when he has ALL the money? Spend it wisely, for Wisconsinites? Bwahahahahah!

[glinda]

6. Surely he has overstepped his powers. Check your Constitution. He

needs to called on his actions somehow. Legally. Even if it just ties up in the Courts.

[Bandit]

7. IMO Wisconsin stepped on it's dick...."Big Time"

Progressive ideals are just plain fucked in Wisconsin, as evidenced by Republicans maintaining control in the Senate after all that has been going on there... More people feel Authoritarian rule is better than Democracy and Freedom.....It is happening all across america and not much we can do about it. Most that would fall on the Progressive side of the political spectrum don't bother to vote...Until that changes America is no longer a country that stands by the people. It is a country of Authoritarian Rule that has a feudal mindset...

[Greybnk48]

8. No, you're not quite right.

All three Dems held their seats. The Repuke recalls mostly took place in Repuke strongholds and we unseated two of them, which is awesome.

It's important to remember that only a small fraction of Wisconsin voters participated in the Recall Elections. Wisconsin is at the least Purple trending Blue, with pockets of ignorant, evil fucks--I mean Repukes.

[Sportsguy]

9. And There's Dale Schultz

a senator who is the defacto senate majority leader, and if he switches to Dem, well, it could happen.

[Selatius]

14. The Republicans don't care. Even if they only held a one-seat majority in the Senate, that's enough.

They'll use that edge to try to ram through whatever bullshit bill they want, and Walker will sign it. It is no different than George W. Bush using razor thin margins in the Senate and suddenly declaring he has a "mandate."

[Volaris]

10. This whole thing (collectively) strikes me as the Shock Doctrine applied to Wisconsin,

the natural disaster in question being the advent of GOP party rule...

[BlueIris]

11. I feel so bad for our WI members. Can't believe you have to live under this psycho. nt

[Scuba]

12. Could be worse. We could be in Florida. n/t

[indurancevile]

13. worse than insanity: outright treason.

[Major Hogwash]

15. The courts have to stop him.

They stopped the Governor cold in his tracks out here when he tried to do the very same thing.