HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Manchin says he's 'not a ... » Reply #15

Response to Marthe48 (Reply #8)

Sun Apr 25, 2021, 01:03 PM

15. I had to look him up--A. James Manchin.

Wow! What a character.


29 Years Ago Yesterday, Joe Manchin’s Uncle Had To Resign For Incompetence

Rob Cornelius
Jul 10, 2018·4 min read

https://medium.com/@robcwv/29-years-ago-yesterday-joe-manchins-uncle-had-to-resign-for-incompetence-14b1e6ad6129

snip...

Manchin, yes, Joe’s uncle, had been elevated through public service. Initially he was elected to House of Delegates at 21, before being elected statewide, as Secretary of State and then, State Treasurer.

His claim in a 1984 campaign ad that he had financial expertise and could “do the job” proved sadly false to West Virginians who still today pay for his failure with higher taxes and smaller monthly benefits in retirement.

Under his watch, the state’s Pensions were gutted, losing likely more than $300 million dollars in the late 1980s. Manchin, charged with their supervision, turned over control of all the investments to an office full of clueless 30-somethings who traded bonds like Monopoly money.

It didn’t go well. Manchin had no clue how to read a balance sheet, testifying at one point that he had no idea that numbers which occurred within parentheses, were negative. Just an example that he had no idea what was going on with the pensions and made no real attempt to stop it.


at the bolded part.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 60 replies Author Time Post
SouthBayDem Apr 2021 OP
Champion Jack Apr 2021 #1
George II Apr 2021 #7
TiberiusB Apr 2021 #36
Roisin Ni Fiachra Apr 2021 #43
George II Apr 2021 #52
Stargleamer Apr 2021 #2
ancianita Apr 2021 #17
Beastly Boy Apr 2021 #18
Stargleamer Apr 2021 #58
Beastly Boy Apr 2021 #60
Calista241 Apr 2021 #50
Stargleamer Apr 2021 #59
mucifer Apr 2021 #3
Post removed Apr 2021 #4
CrispyQ Apr 2021 #6
Marthe48 Apr 2021 #8
LineLineLineLineReply I had to look him up--A. James Manchin.
CrispyQ Apr 2021 #15
peppertree Apr 2021 #12
PSPS Apr 2021 #5
rlegro Apr 2021 #9
Mike Nelson Apr 2021 #10
ancianita Apr 2021 #14
George II Apr 2021 #16
OnDoutside Apr 2021 #20
George II Apr 2021 #21
OnDoutside Apr 2021 #23
AZSkiffyGeek Apr 2021 #26
TiberiusB Apr 2021 #37
AZSkiffyGeek Apr 2021 #39
TiberiusB Apr 2021 #42
AZSkiffyGeek Apr 2021 #44
TiberiusB Apr 2021 #57
AZSkiffyGeek Apr 2021 #40
OnDoutside Apr 2021 #48
AZSkiffyGeek Apr 2021 #51
Post removed Apr 2021 #11
rickyhall Apr 2021 #13
2naSalit Apr 2021 #19
OnDoutside Apr 2021 #22
2naSalit Apr 2021 #24
OnDoutside Apr 2021 #25
Mad Kirrua Apr 2021 #27
FailureToCommunicate Apr 2021 #46
ArizonaLib Apr 2021 #28
aocommunalpunch Apr 2021 #29
dsc Apr 2021 #30
LiberalLovinLug Apr 2021 #31
Grokenstein Apr 2021 #32
Carlitos Brigante Apr 2021 #33
GB_RN Apr 2021 #34
JustAnotherGen Apr 2021 #35
msongs Apr 2021 #38
Trueblue1968 Apr 2021 #41
mountain grammy Apr 2021 #45
mysteryowl Apr 2021 #47
CaptainTruth Apr 2021 #49
ananda Apr 2021 #53
marble falls Apr 2021 #54
bringthePaine Apr 2021 #55
electric_blue68 Apr 2021 #56
Please login to view edit histories.