Posted on 12/18/2001 9:10:27 AM PST by summer
COMPARE:
BILLBOARD AD #1 -- FROM TEACHER'S UNION, IN ABOVE SOURCE LINK.
Click on the above source link to see one of six billboard ads purchased by the Florida Educators Association (the teacher's union), at a total cost of $26,000, to protest Gov. Jeb Bush.
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And, now: THE FACTS
This above billboard ad is deceptive, misleading, and materially false, as Gov. Bush actually INCREASED financial benefits for FL teachers by signing four new laws, providing important new financial benefits unavailable to teachers in 49 other states.
Speaking as a FL certified teacher, a former Dem and now an independent, the above billboard ad is GROSSLY false, as: Gov. Bush really did provide FOUR, unique, new financial benefits for FL teachers. Click here to read a summary of these new laws signed by Gov. Bush, from "The Jeb Bush Nobody Knows -- Part 6."
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BILLBOARD AD #2 - FROM FR TALENT, BASED ON ABOVE FACTS
Enter the talented FR posters Phil V, Landru and gatorman, who graciously provided new text for true billboard ads, to come on this thread.
Also, enter the talented FR poster: ValerieUSA -- and her art work, below, showing the FEA what their billboard ad should have stated:
ohmygawd...
Don'tcha be tellin' me you've fallen-in with that Valerie character & her pack of theives from Ldot fame!!
Hmmm; that means...Christine11 *can't* be far away; lurking somewhere close by...
Child?
Do ya realize what this means?
The end of your innocence, dear summer; *fini*. ;^)
...Val's a mighty talented person, hey; here, have an apple.
:^)
Funny how no one mentions that, thanks to ol' Jeb, Florida teachers pensions were invested in part in Enron. Alot of money was lost or diverted and reported as lost.
Not exactly sure what your motives are bringing up this point in this thread . . . but here are the public facts as of today on the Enron investments and the FRS system:
The Florida Board of Administration oversees the investment decisions for a $100 billion pension fund covering 650,000 state employees, teachers and county workers, plus 150,000 retirees.
Over the past 18 months, it decided to invest in Enron, a commodities trader in the wholesale natural gas and electricity markets listed on the New York Stock Exchange. This time last year, the company, raking in billions of dollars in revenue, was trading around $80 a share. Today, a share on Enron is actively trading at $.50 per share.
Over the past year, the Florida pension fund bought 7 million shares of Enron. Wednesday, December 12, officials in Tallahassee announced the purchase had produced the biggest single loss in the fund's history - $300 million.
However, $300,000,000 only represents 3% of the total fund of approximately $100,000,000,000.
Tom Herndon, executive director of the Board of Administration, said the state will join a class-action suit to be filed against Enron next week.
"We hope to be at the head of the line," said Herndon. "We're doing this to try to recoup some of the losses we suffered along with all the other members of the class of Enron shareholders who were victimized by what was apparently a pretty massive pattern of accounting misstatements and practices," Herndon said. "If we get five cents or10 cents back for the shareholders, we're better off than standing here with our hands in our pockets."
Herndon was also careful to point out that it's not uncommon for the fund to experience big day-to-day swings. Its value dropped $100 million on Tuesday, December 11, he pointed out, when an earnings warning from Merck & Co. caused that stock to shed 9 percent of its value and took other pharmaceuticals lower with it.
On the same day Herndon was announcing the loss and legal action, a congressional committee opened an investigation into the company's dealings.
At that hearing, Joseph Berardino, the chief executive officer of Arthur Andersen LLP, Enron's auditors, said Enron executives misled auditors: "Important information was not revealed to our team of auditors." Charles Hill, director of research for Thompson Financial/First Call, said analysts were "being spoon-fed" misleading data from company executives.
For more info go to http://www.fsba.state.fl.us/
Although this happened on JEB's watch . . . one can hardly draw any conclusions of mismanagement or wrongdoing on the part of our Governor JEB, or, the FSBA. The real facts bear this out.
FReeregards . . .
Your billboard ad is coming up soon here, so bookmark this thread! :)
THANK YOU . . . it is an extreme honor to be a small part of your wonderful efforts to extol the truth about our Governor, The JEB BUSH Nobody Knows. Eagles UP!
FReeregards . . .
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