Word: pension
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...Attorney-Client Fee Arrangements, Securities Fraud, Lawsuits" initiative would make businesses and their professional associates, from boards of directors to accountants, liable for any statement or act that "directly or indirectly, willfully, knowingly or recklessly" results in a loss to any pension fund, retirement fund or even a personal savings account. Companies would be fair game for class-action lawsuits for both reporting and failing to predict bad news. Corporate officers would be personally assessed for punitive damages, and their firms could not indemnify them. The proposition would also prohibit any attempt to set new limits on attorneys' fees...
Coble thinks cushy perks, cost-of-living allowances and soft pensions for government officials are a slap in the face to struggling families--and puts his money where his mouth is by not participating in the House pension plan. With 30,000 of his constituents holding down factory jobs, Coble's populism doesn't hurt: he has won handily in three elections, carrying at least 62% of the vote in each...
Though until this past July Keefe had one of the most partisan jobs in the state--chairing its Democratic Party--he says he'd work for bipartisan cooperation in Congress. He's running on a moderate platform, proposing a liberal pension-strengthening plan, and $50 billion in federal spending cuts and increased taxes for corporations, as well as a $500-per-child tax credit and a deduction of up to $10,000 per child for college...
QUOTE OF NOTE: "As your representative, I will fight to reduce immigration...I will strive to establish term limits and terminate the congressional pension system...
...primary, Kilbanks upset Bethlehem Mayor Ken Smith; his surprise candidacy makes next week's outcome even more unpredictable. Kilbanks calls himself anti-Washington and has vowed to refuse a congressional pension and to step down after six terms. In an evenly divided district, which the 15th is, every election tactic is a risk--and a potential advantage...