Off-Topic: Ummm, That Would Be a No...
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Name:
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Mack
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Subject:
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Ummm, That Would Be a No...
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Date:
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4/15/2017 8:01:29 PM
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MS. Ivey held the reins to the Alabama Treasury purse 2003 thru 2012 during which time the Stock Market "adjusted" itself downward by about 8000 DJIA points over several months. I was a participant in the State's PACT education pre-funding program. I had invested $22,000 for my Grandson's college in-state tuition to be paid in @ 2022.
Disaster. Ms. Ivey did not divert PACT investments to more stable funds available at the time. The PACT nearly bankrupted as a result. The next Treasurer < Mr. Young Boozer (my, my) settled class action suits for the State that will result in a PACT valuation at 2010 levels rather than the cost of tuition in 2021.
Confidence in Ms. Ivey? No way. She did not control her responsibilities to citizens in 2008 and she will not now. That experience taught me, finally, to NEVER>>>NEVER allow a GOVERNMENT AGENCY to manage anything for me that I can manage myself. NOTHING.
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