Jack Conway in The Associated Press
On Social Security:
Sue banks to recover Great Recession public pension losses
One of Kentucky's public pension systems lost $69 million because it unknowingly purchased risky mortgage-backed securities in the run up to the 2008 housing market crash.
But now, the system got $23 million of those losses back in an unprecedented settlement with Bank of America and its related companies.
Democratic Attorney General Jack Conway announced the settlement along with the federal Department of Justice and attorneys general from five other states.
The $23 million settlement covers $21 million in losses the retirement system suffered specifically from securities purchased from Bank of America and its subsidiaries Countrywide and Merrill Lynch.
Source: Associated Press on 2015 Kentucky gubernatorial race
Aug 22, 2014
On Drugs:
Epidemic of prescription pill abuse spurs crime
Spurred by Paul's suggestion that drug abuse isn't "a real pressing issue" in the Senate race, Conway spotlighted Kentucky's "epidemic" of prescription pill abuse that is costing lives and overloading the courts and prisons with addicts who turn to crime
to fund their habits. Conway visited Kentucky's mountain region where he said Paul "just doesn't get it" concerning painkillers like OxyContin and the impact they have had on Kentucky.Paul accusing Conway of "pandering" for votes by mischaracterizing
his concern for the state's drug woes: "It's been recently insinuated somehow that I don't care about the drug problem in Kentucky, and that's absolutely wrong."
Paul shows libertarian leanings on drugs. He has called drug sentences of 10 to 20 years
too harsh. While he has said he opposes the legalization of marijuana, even for medicinal purposes, he believes it should be up to individual states to decide the issue. Conway said Kentucky can't afford to take on drug traffickers without federal help.
Source: Associated Press coverage of 2010 Kentucky Senate debate
Aug 23, 2010
On Welfare & Poverty:
Faith-based programs instead of federal money
Paul praised the Teen Challenge program, which boasts a very high success rate among participants nationally who are able to hold down jobs and avoid relapsing after leaving the program.
Paul said he liked the faith-based aspect of the program, which does not use federal money and gets most of its funding from donations and fundraising.
Source: Associated Press coverage of 2010 Kentucky Senate debate
Aug 23, 2010
Page last updated: Feb 15, 2019