That was how a state agency, the Ohio Consumers’ Counsel, worked under the administration of the Democratic governor, Ted Strickland. But now Ohio has a new, Republican governor, former Fox News host and Wall Street bank exec, John Kasich.1 +2 Gov. Kasich is at the fore among Republican office-holders that are now swinging a meat axe at the commonwealth: public health, safety, schools, transportation, the social safety net, and so on.3 +4 In addition, Kasich calls for cutting the Ohio Consumers’ Counsel’s budget by half — even though its funding comes not from the state, but entirely from the utility companies.5 Should that go through, then next time there may be no one to goad AT&T to ease up on somebody’s old pappy.
According to the Columbus Dispatch (May 12, 2010), Kasich “tried to persuade two state pension funds in 2002 to invest with Lehman Brothers while he was the managing director of the investment banking house’s Columbus office.”
Despite only claiming two contacts Kasich also called a third pension fund in 2002 and tried to pitch Lehman’s brokerage services.
Following the collapse of Lehman Brothers, Ohio pensions took a $480 million hit, according to the Associated Press (April 2, 2010).
Kasich, who is now running for governor of Ohio, made nearly $590,000 in salary and bonuses as a Lehman Brothers managing director in 2008 before the banking giant collapsed later that year (Associated Press, 4/2/10)
… But in the meantime, it is Kasich, host of “Heartland With John Kasich” from 2001 to 2007 and guest host on Fox’s “The O’Reilly Factor,” who is running against Democratic Gov. Ted Strickland of Ohio and finding that the old ties to Fox can be very handy.
Gov. John Kasich (R ) has proposed cutting 25 percent of schools’ budgets, $1 million from food banks, $12 million from children’s hospitals, and $15.9 million from an adoption program for children with special needs. A Kasich staffer revealed yesterday that these cuts are more about politics then budget-balancing, telling the Cincinnati Dispatch that “even if there weren’t an $8 billion deficit, we’d probably be proposing many of the same things.” The plan includes tax cuts for oil companies, a repeal of the estate tax and an income tax cut for the rich that former Gov. Ted Strickland (D) halted last year because of the state’s fiscal crisis.