Lt. Guv Joe Garcia for Labor Secretary? Jan 31, 2013 RT @reuterspolitics: Exclusive: Colorado Lt Gov. Joe Garcia is top candidate to become U.S. Labor Secretary #coleg #copolitics — Jeremy Meyer (@jpmeyerDPost) January 31, 2013 Bahahahaahahahahah. Truly Yours, The Peak 2 Comments Algernon Moncrief on February 2, 2013 at 12:11 am JOE GARCIA FOR LABOR SECRETARY? Yes, he is a good man; however, he comes from a state that is attempting to break its labor contracts, due to its own PERA pension mismanagement. Prior to appointment as Labor Secretary Garcia should state for the record whether or not he supports the breach of labor contracts in Colorado. COLORADO COURT OF APPEALS CONFIRMS COLORADO PERA PUBLIC PENSION COLA BENEFITS AS CONTRACTUAL. The Colorado Court of Appeals has reversed and remanded an initial District Court ruling that denied the contractual status of public pension COLAs in Colorado. The Court of Appeals confirmed that Colorado PERA pension COLA benefits are a contractual obligation of the pension plan Colorado PERA and its affiliated public employers. A huge victory for public sector retirees in Colorado! The Colorado Legislature may not breach its contracts and push taxpayer obligations onto the backs of a small group of elderly pensioners. The lawsuit is continuing. Support pension rights in the U.S. by contributing at saveperacola.com. Friend Save Pera Cola on Facebook! In 1977, the U.S. Supreme Court (in U.S. Trust Co, 431 U.S.) clarified that state attempts to impair their own contracts, ESPECIALLY FINANCIAL OBLIGATIONS, were subject to greater scrutiny and very little deference because the STATE'S SELF-INTEREST IS AT STAKE. As the court bluntly stated: “A governmental entity can always find a use for extra money, especially when taxes do not have to be raised. If a state could reduce its financial obligations whenever it wanted to spend the money for what it regarded as an important public purpose, the Contract Clause would provide no protection at all… Thus, a state cannot refuse to meet its legitimate financial obligations simply because it would prefer to spend the money to promote the public good rather than the private welfare of its creditors." For more resources to protect public pension benefits visit saveperacola.com. Log in to Reply Richard M. Shirley on February 1, 2013 at 3:47 am OK, someone who has been pretty much a political non entity until the last gubernatorial election, with no national experience or exposure. And exactly what are his qualifications for a Cabinet level post? They are most likely that, along with Chuck Hagel he will be a willing yes man and potential fall guy without powerful enough friends to give him cover if TSHTF. Log in to Reply Submit a Comment Cancel replyYou must be logged in to post a comment.