Welcome
Since starting this campaign, we have crossed the state from North to South, East to West, and most points in between. Each day has been exciting. We’ve met some of the finest people all across our great state. I hope you enjoy our site and recommend it to your friends.
Only informed voters can weigh the facts to make an educated decision on November 7th. Look at the issues I raise and see if they go along with your thinking. The time has come to put an end to costly campaigns and pay to play politics in Alabama.
There is only one candidate for Treasurer who refuses to take money from the banks. We’ve said that from the start and we’ll continue to victory. Folks in Alabama are tired of having their elected officials purchased by the highest bidder from corporate America.
Thanks for the visit. See you at the polls.
Steve Segrest
Data/News Regarding Alabama's 529 Savings Plan's Poor Rating
MorningStar
Forbes
Magazine
Marotta Assett Management
San
Fransisco Gate (bottom of page)
PRESS RELEASE
Kay Ivey Misleads on Health of Prepaid College Tuition Program
FOR IMMEDIATE RELEASE: October 12, 2006
CONTACT: Steve Segrest (334)328-7818
The most recent audit undertaken by the State Treasurer’s office shows the Prepaid Affordable College Tuition (PACT) program running a $70 million deficit. The 2005 actuarial analysis paid for by the Treasurer’s explicitly states that expected liabilities outweigh expected assets “resulting in an actuarial deficit of $70,029,603”.
Yet when asked about this very report by the Decatur Daily, Ivey disputed the findings of her own audit.
Steve Segrest, the Democratic nominee for State Treasurer, took Ivey to task for her mischaracterization of the PACT programs finances.
“Our families deserve a Treasurer’s office that knows how much money is going in and going out,” said Segret.
As Treasurer Segrest has promised that he will improve the PACT program by implementing ideas that have been successful in other states.
“We need new ideas and honesty to deliver the education our children
deserve, not the red-ink and lack of accountability they’re getting
now,” Segrest concluded.