Kentucky’s pension-funding crisis is causing many bad ideas to be presented. No one wants the severe cuts that are required to properly fund the pensions. The ideas to bring in extra income seem to be questionable.
The legalization of recreational marijuana, or the sale of medicinal marijuana, is being promoted as a viable income source for the state.
Whether it would fund the teachers’ pension is just a guess. Personally, I am not in favor of it, because it seems to bring in a lot of bad influences.
Medical marijuana has always been used as a sham, with the objective being eventual legalization. Many times attorney Gatewood Galbraith, God rest his soul, ran for governor on the basis of legalized marijuana. I loved Gatewood, who was an outstanding individual, but have never loved the idea of Kentucky being one of the states with decriminalized marijuana.
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There is also a push going on for more gambling in Kentucky. I was under the impression, years ago, that the lottery was going to increase the General Fund, and education would be totally funded. I still see kids selling candy bars, so I know this is not what happened.
It may be that what Kentucky should do — continuing in the tradition of bourbon, betting and possibly marijuana — is to go the route of Nevada in legalizing prostitution.
It would really make money to solve the pension crisis. Evidently, the state has no mandate to present itself as a barometer of righteousness, so anything goes — well, as long as Kentucky makes money and can fund the teachers’ pension fund without budget cuts.
Nevada is known for the Bunny Ranch, and Kentucky would be fitting for the Filly Farm. Perhaps the Colt’s Corral, or some other catchy names would pique interest in Kentucky’s new cash crop. The days of tobacco profits surely seem to be over.
Kentucky has changed over the years, and many of the population centers are more urban than ever. Owensboro and Bowling Green are not what they used to be. Legal prostitution as a matter of practice would further change the landscape.
It’s not known if legalized prostitution brings in a bad element. We do not have a large sample group to study. We do have sample group results concerning marijuana, gambling, whiskey and some other state sponsored vices. The oldest profession is known for profitability, and there should be no problem funding several pension funds.
Based on the arguments for marijuana, it is just something Kentucky needs to get smart and do. We must stop living in the past, and get with the times.
Some will say this is absurd. Ridiculous will be what others will think. Yes, it could be ridiculous and absurd, but so are many of the other things being tossed out as doable by the state.
I love Kentucky, and only want the best for her. It may be that a common-sense approach to spending is what is needed. However, when has common sense and politics ever gone hand in hand? Maybe this time Kentucky will get it right.
Reach Thomas W. Downey of Louisville at email@example.com.