“We create monsters and then we can’t control them.”
–Joel Coen
You must be logged in to post a comment.
BY: JohnInDenver
IN: Wednesday Open Thread
BY: 2Jung2Die
IN: Gabe Evans’ Medicaid Dodge Deconstructed By Conservative-Friendly Reporter
BY: Conserv. Head Banger
IN: Wednesday Open Thread
BY: bullshit!
IN: Gabe Evans’ Medicaid Dodge Deconstructed By Conservative-Friendly Reporter
BY: bullshit!
IN: Gabe Evans Inexplicably Follows Bad Cory Gardner Playbook
BY: Ben Folds5
IN: Wednesday Open Thread
BY: Early Worm
IN: Wednesday Open Thread
BY: 2Jung2Die
IN: Wednesday Open Thread
BY: spaceman2021
IN: Wednesday Open Thread
BY: Ben Folds5
IN: Wednesday Open Thread
Subscribe to our monthly newsletter to stay in the loop with regular updates!
Trump stinks!
Stay upwind, America.
The PERA bill, as described by Erica Meltzer in Chalkbeat yesterday afternoon:
This sounds a bit more balanced than earlier descriptions I read, showing a state commitment of $225 million per year, school districts increasing their contribution by 0.25%. Those retired lose 2% COLAs this year and next, and have a reduced COLA after that. Those still working will pay 2% more into the system.
Still haven't seen a consistent dollar-to-dollar comparison of the fix. Dollars on one side, percentages on the other — hard to tell the balance of the different stakeholders in the "fix." One segment unmentioned by ALL of the coverage I've seen — the fees paid to "professional managers" who are advising PERA on their investments.
Put the money in an SandP 500 fund, with a side of Russell 2k, and go where the market takes you. That 's basically what I do with my IRA and fees are very low.
The numbers I've seen say PERA has a bit less than $50 billion to manage and paid $1 billion in fees over the last 8 years (average of about $125 million per year). That works out to a management "advice" fee of 0.25% — which for a retail investment, would be fine.
For a large, diversified endowment, the limited amount of reading I've done says there could be either more limited fees or a limited fee plus a proportion of returns above some agreed upon benchmark. More to the point: if all other stakeholders are going to be contributing to a solution, it seems to me administrators and advisors should, too.
On monsters created and uncontrolled . . .
Is it just me . . .
. . . or is this not the face of unimaginable pure evil, incarnate?
It's the face of a woman who took great risks and endured great hardships to defend this country. Ask the survivors of 9-11 who the truly evil people are.
Saudi Arabia? (the country we didn't invade? The land of TwoScoops first foreign visit?)
Not to mention that really weird photo op of Trump and the royal family in that dimly lit room touching that light fixture.
And of I recall correctly, are not the Saudis exempt from the Muslim ban?
Things get really complicated down in the swamp…
Yes, that's the photo. Thanks, Michael. But is the dude on the left a photo-shopped image of Gandolf from Lord of the Rings?
Yes
Not Gandalf. It's Sarumon, played by the late & great Christopher Lee.
Now that we've drug Gandolf into this thread…(and remember, Balrog's are assholes).
I believe one might even go so far as to call Balrogs, "flaming assholes" …don't you think? 😉
#truth!
Looks like she needs to eat more prunes.
Was he talking about kids?
Stay classy Trumpublicans:
http://thehill.com/homenews/house/387300-politicians-media-explode-over-white-house-aides-comments
These are worth a gander in case you were tuned into Fox last night and missed the interview with George and Steve…
I always had a certain degree of respect for George Will as an Old School right wing talking head. And calling ass-kissing VEEPS on their groveling is nothing new. In 1988, he compared George H.W. Bush to a small dog who was following Reagan around. But Pence talks this to a whole new level.
(VP) Pence and (Ambassador) Brownback are two of the luckiest Repubs on the planet, snatched from the jaws of defeat.
And Pence knows it. I'm sure that's why he's such a shameless shill for The Yam. He was on his way to an epic ass-kicking in Indiana after gleefully signing SB101. The Yam rescued him and he's eternally grateful. I wonder if his gratitude will extend to taking a fall for His Yamminess and landing in Federal prison. I'm sure there are people there who will find him entertaining company.
🙀 Well, "Mother" Pence should be OK with it as long as there are no other women involved.
George hurt Laura's fefes….
Michael, that goes to a sound file that won't play (at least on my computer).
Try these:
http://foxnews-f.akamaihd.net/i/BrightCove/694940094001/2018/05/12/694940094001_578393,5667001_5783935053001,4157001_5783935053001,4421001_5783935053001,4791001_5783935053001,.mp4.csmil/master.m3u8
http://thehill.com/homenews/media/387397-laura-ingraham-george-wills-column-on-pence-was-beneath-him
The Hill link worked. The Fox one didn't. Thanks. When you've lost George Will and John McCain, and Dick Cheney has crawled out from beneath his rock to promote "Torture Works!!", we're in a moral showdown.
Read it in the Washington Post and loved it! Will was spot-on. No wonder Ingram was pissed.
The nation was extremely fortunate that prior to Nixon's resignation, Spiro Agnew's criminal past was exposed, thus sparing us the indignity of his becoming president.
May we all be so lucky today should a similar fate befall Trump.
What are the odds of us lucking out and lightening striking twice when it comes to presidential and VEEP resignations?
Plus Pence would need to leave after December 2018 and it assumes that the Dems at least take control of the House so Trump cannot name someone like Giuliani, Christie or Gingrich as his new VEEP yet must appoint someone because Nancy Pelosi or some other Dem would be next in line of succession.
Trump would need to come up with a Gerald Ford who could be confirmed by a split (or Dem controlled) Congress. Problem is: there ain't no Gerald Fords left in the GOP today.
Unsurprising news of the day:
Hey Wichita — your time is now! Or are the Koch brothers too cheap to pitch in?
Perhaps Mar-A-Lago will host the 2020 GOP convention.
And I'm sure the RNC won't have any problem with the $40 million rental fee they'll be charged…