Friday, October 30, 2015

Devin King after a hard fought effort to have a letter to the editor submitted to the News and Record; "Candidate opposes ‘parasitic interests’"

"I wanted to make a difference by running for mayor. It happened on Oct. 13, in an email from Greensboro’s Donnie Turlington informing George Hartzman and myself that “the City’s Deferred Compensation Committee has replaced two funds being dropped by (city retirement plan provider) ICMA-RC with two low-expense index funds offered by Vanguard.”

The cost of a “small cap” fund choice for city employees fell from 1.24 percent per year to 0.10 percent per year. If there’s $10 million invested for participants in the fund through the plan, they will save about $114,000 per year.

...I didn’t know a lot about Greensboro’s politics before embarking on a mayoral run. What I found was some crooked elected officials supported by a cabal of parasitic interests who enjoy lining their pockets with tax money taken from mostly lower-income citizens, backed by a compliant governmental administration and a local news industry seeking to minimize unconnected opposition.

Devin King
The writer is a candidate for mayor in Tuesday’s election.
This is what winning reads like for those who oppose the status quo; City of Greensboro ICMA-RC 457 retirement plan edition

subject: RE: I was told by Joe Killian in front of Susan Ladd there was to be a story on the 457 plan

Hartzman's Retirement Plan Whistle; City of Greensboro Edition, located on the City's Server

A couple financial experts on the City of Greensboro's ICMA-RC 457 plan

"Civil Response in writing please" ICMA members Jim Westmoreland and Mary Vigue trying to play Greensboro mayoral candidate Devin King for a fool, and losing

An email from Greensboro City Council mayoral candidate Devin King to the City's Jim Westmoreland, David Parrish, Chris Wilson, Wesley Reid and Mary Vigue

Some recent recent economic posts and other locally business related links, as we descend into financial instability and recession/depression

A July 1, 2015 open letter to Greensboro City Councilman Tony Wilkins from some anonymous City employees invested in ICMA-RC's 457 Retirement Plan, who fear retaliation, without a response from the City

George Hartzman believes City of Greensboro Manager Jim Westmorland and Assistant Manager Mary Vigue violated the City's Code of Ethics

Crosspost; Concerning the contents of an information request concerning Greensboro's 457 plan.

City of Greensboro Manager Jim Westmoreland Lying to Tony Wilkins and City Council

Please help save $35,122,520 for City of Greensboro employees

Emails between City of Greensboro, Charlotte and some Winston Salem employees and their 457 Retirement Plan Provider

From a currently employed ICMA-RC employee on not getting enough extra revenue producing "Managed Accounts"

Mayor Nancy Vaughan has agreed to schedule a public City Council work session on Greensboro's ICMA-RC 457 plan

George Hartzman's three Greensboro City Council minutes from 3 17 2015

How Greensboro's City Council shafted the City's employees with Zack Matheny's help

Maybe Zack Matheny Was Lying

On a City of Greensboro Whistleblower Employee Who Can't

George Hartzman's ICMA-RC 457 retirement plan presentation, data source and Jodi Riddleberger News and Record article

The City of Greensboro refusing legitimately asked for information and Davenport's Ted Oliver contact with Rick Lusk on the City's 457 plan fees after Jodi Riddleberger's News and Record article