Latest scandal: Why you would be nuts to believe CalPERS

Latest scandal: Why you would be nuts to believe CalPERS

pension-red-inkThe Sacramento Bee has the basic details on a new CalPERS contretemps:

“A former CalPERS employee who alleged she was fired for challenging a cover up of insider trades by fund staff settled her wrongful termination case this morning.

“Jeannine Carter, who worked in a watchdog unit that makes sure CalPERS’ investments comply with the law, accepted a payment of $57,200 and her ‘rejected on probation’ status will be changed to show that she voluntarily resigned, said CalPERS’ staff attorney Christopher C. Phillips.

“The money equals 13 months of Carter’s pay, Phillips said. The official change in her separation status removes a stain on her record that eases her return to state service.

“CalPERS made ‘an economic decision’ to settle with Carter, Phillips said, rather than incur the expense of a protracted hearing before the State Personnel Board, which decides employee termination disputes.”

The context the Sac Bee left out

Anyone who reads this story is likely to think this is a bad employee using whistleblower protections to shake down CalPERS. But if you knew CalPERS’ history, that wouldn’t be your conclusion. And if you have been a regular CalWatchdog reader, you’d know that history. This is from my January 2013 CWD piece, “Being CalPERS means never having to say you’re sorry”:

“If CalPERS wouldn’t apologize for the propaganda  it put out to get SB 400 passed in 1999, starting the retroactive pension spiking that is now destroying local governments, why would it apologize for shady behavior now?

“If CalPERS’ upper ranks for years engaged in gross corruption even as CalPERS offered itself up as a moral force for socially conscious investing, why would it notice the dissonance between the high opinion the agency has of itself and the way it looks to the rest of the world now?

“If CalPERS thought it was an appropriate use of public funds to build itself a 560,000-square-foot, $153 million tribute to its glory and importance, why would it be expected to behave prudently with taxpayer money now?

“If CalPERS reacted to a factual analysis questioning its investment history by having its high-paid lead flack engage in a juvenile tirade against the Bloomberg reporter who wrote the analysis, why would it be classy now?

“If CalPERS spent years denying the pension crisis was real, why would it show any common sense now?”

Best bet with pension giant: Always believe the worst

As I wrote last year …

“CalPERS’ massive headquarters is probably visible from outer space. But so is its bizarre combination of self-congratulation, incompetence and obliviousness.

“The California Public Employees’ Retirement System: Always assume the worst.”

72 comments

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  1. Ted Steele, CEO
    Ted Steele, CEO 4 February, 2014, 07:04

    A puny lawsuit with probably not fully disclosed elements, a disgruntled employee at a job and yet another shakedown.

    Zzzzzzzzzzzzzzzzzz

    Slow news day.

    Reply this comment
    • John Seiler
      John Seiler 4 February, 2014, 07:19

      Wait till it all goes broke.

      Reply this comment
      • Ted Steele, CEO
        Ted Steele, CEO 4 February, 2014, 18:27

        LOL John– We’re waiting……care to make a date prediction as many failures out here before u have???

        Reply this comment
        • Rex the Wonder Dog!
          Rex the Wonder Dog! 5 February, 2014, 10:42

          John, when it all goes B–U–S–T Teddy Steals will be running for the hills with his legs tucked between his lil skinny legs…!

          And it will, you simply cannot have HS educated CHP officers (and all of PS) “retiring” at age 50 with $94K (and growing) pensions, not when they will live another 35-40 years with COLA indexed bumps.

          Reply this comment
          • Ted Steele, CEO
            Ted Steele, CEO 5 February, 2014, 11:09

            Same old drivel– bad facts repeated by an internet tough guy….Zzzzzzzzzzzzzzzzzz

          • Rex the Wonder Dog!
            Rex the Wonder Dog! 5 February, 2014, 12:55

            Bad facts Teddy Steals?? Really;

            In the 14 years covered by the data analyzed by The Sacramento Bee, average first-month pensions to state police and firefighters went from $1,770 to $4,978. California Highway Patrol officers’ first-month retirement payments doubled from $3,633 to $7,418,

            Read more here: http://www.sacbee.com/2013/09/09/5718823/california-public-pension-payouts.html#storylink=cpy

          • Donkey
            Donkey 5 February, 2014, 13:50

            TCS can’t handle the truth Rex, all he wants to do is dance!! 🙂

          • Rex the Wonder Dog!
            Rex the Wonder Dog! 5 February, 2014, 20:01

            Donk, Teddy is so upset he is sitting at home watching a marathon session of Richard Simmons exercise videos to try to recover from his funk… 🙂

          • Rex the Wonder Dog!
            Rex the Wonder Dog! 5 February, 2014, 21:09

            I just noticed something very KRAZY, the AVERAGE state cop and firewhiner pensions went from $1770 to $4978, that is increase of 281% in just 14 years….. that is NUTS! 20% pension hikes for 14 years straight!

            In the 14 years covered by the data analyzed by The Sacramento Bee, average first-month pensions to state police and firefighters went from $1,770 to $4,978.

            That is so shocking I am in disbelief. SB400 was the biggest FRAUD ever perpetrated on CA taxpayers. EVER.

      • Mr. Bubble
        Mr. Bubble 5 February, 2014, 15:47

        Wall Street certainly loves public unions. CalSTRS is so desperate for yields that it has 15% of its money invested in private equity. It’s paying people like Steve Cohen and Mitt Romney a billion dollars a year in fees for its PE investments. Check out the PBS Frontline docu about the Feds trying to get Steve Cohen–the blatant insider trading going on at his fund was unbelievable.

        Reply this comment
    • Donkey
      Donkey 4 February, 2014, 11:24

      Leave it to Teddy “Chaz” Steals to defend the actions of one of the most crooked organizations ever created. CalPers lied about SB400, has spent the majority of its existence devising ways to steal from the private sector taxpayers. By the way TCS the RAGWUS aligned with CalPers has been running the biggest “shakedown” in the history of the world for the last 30 years!! 🙂

      Reply this comment
      • Ted Steele, CEO
        Ted Steele, CEO 4 February, 2014, 18:28

        Shhh Duncey– the grownups are talking…..

        Reply this comment
      • Rex the Wonder Dog!
        Rex the Wonder Dog! 5 February, 2014, 10:44

        Donk, the muni’s invested in CalTURDS should USE them for fraud, as CalTURDS left off material information relating to SB400, giving ONLY the best case scenario, while hiding the worst= classic fraud. Why no ne has sued tem yet is a mystery to me.

        Reply this comment
        • Ted Steele, CEO
          Ted Steele, CEO 5 February, 2014, 11:08

          Must be killing the doomers to see Calpers rise year after year…..LOL

          Reply this comment
          • Rex the Wonder Dog!
            Rex the Wonder Dog! 5 February, 2014, 12:59

            Except it has not risen “year after year”, it lost 30% in 2008 alone, and it took 6 years to recover it back, and that means it lost 8% of $250 billion x 6= $120 BILLION, not indexed for interest. Add in another $10 BILLION in interest if indexed for straight interest(non-compounded). Total loss= $30 BILLION.

            Or half the $260 billion amount it had in 2008.

            Teddy, me thinks math is not your strong point.

          • Rex the Wonder Dog!
            Rex the Wonder Dog! 5 February, 2014, 13:00

            Total loss= $130 BILLION.

          • Ted Steele, CEO
            Ted Steele, CEO 6 February, 2014, 17:46

            the doomers hate that Cal Pers is doing so well…..

        • Donkey
          Donkey 5 February, 2014, 13:48

          I agree with you about Calpers Rex, and about the fact that TCS has very limited math abilities.

          Start dancing my little TCS, change your world my little sidekick, dance!! 🙂

          Reply this comment
      • Let schools crumble
        Let schools crumble 5 February, 2014, 15:20

        TCS is no worse than K-12 teachers, who approach CalSTRS’ $166 billion of unfunded pension liabilities with either total cluelessness or Bernie Madoff assumptions about the pension fund managers’ ability to make the fund grow with returns that not even Madoff promised his investors. If TCS wants to send his kid to UCLA I assume that he won’t mind paying $4500 a quarter. UC has a very big pension bill too.

        Reply this comment
  2. LetitCollapse
    LetitCollapse 4 February, 2014, 09:13

    It’s not in the interest of public agencies to reward frivilous lawsuits as it only invites more of the same from other disgruntled employees. It opens the door. That is never a good policy. And in the long run it’s more costly.

    But it is in the interest of public agencies to settle lawsuits that may have a legal basis and might result in criminal investigations or loss of reputation if the case shows merit. There is nothing as damaging to a public agency than a damaged reputation. Nothing. Insider trading is a serious allegation. A ‘watchdog’ type employee would have greater insight and knowledge of what constitutes internal malfeasance or impropriety. I should hope that the SEC would talk to this lady and gather whatever facts she has to offer.

    But after 2008 I have about as much confidence in the SEC as I do in the NSA.

    Reply this comment
  3. Ulysses Uhaul
    Ulysses Uhaul 4 February, 2014, 19:46

    Teddy….the tome guy moans on and on and on…..and Donkey appears working out many demons…..so smothering….gag!

    Reply this comment
  4. Ulysses Uhaul
    Ulysses Uhaul 4 February, 2014, 22:15

    Teddy…..ask the management for line item veto….ask for tome vetoes! Quick…..the doomers are sucking out all the air in CWD.

    Reply this comment
  5. Rex the Wonder Dog!
    Rex the Wonder Dog! 5 February, 2014, 10:46

    Teddy…..ask the management for line item veto….

    Teddy, what is going to happen when the state falls back into recession???? Do you think that the unfunded pension scam will top out at over $1 BILLION within 18 months of the next recession???

    I do.

    I have a C-note to wager, so put up or shut up 😉

    Reply this comment
  6. Ted Steele, CEO
    Ted Steele, CEO 5 February, 2014, 11:07

    LOL Poodle—

    First— YOU have 100$ US? Doubt it.

    Next— You are a noodle.

    Next—Wouldn’t bet with you because all I have is my GED tiny tiny tiny pension.

    Finally—“put up or shut up” I won’t be shutting up.

    Now—- for you—- put up or shut up— give me a date when Cal Pers folds up little buddy— a month and a year.

    Hurry.

    You can do it.

    A date—- Hurry!

    Reply this comment
  7. Rex the Wonder Dog!
    Rex the Wonder Dog! 5 February, 2014, 13:02

    Next— You are a noodle.

    What kind of “noodle” am I 🙂

    LOL..Teddy relax, you are having serious meltdown lil one, it is only the internet 🙂

    Reply this comment
  8. Rex the Wonder Dog!
    Rex the Wonder Dog! 5 February, 2014, 13:05

    Now—- for you—- put up or shut up— give me a date when Cal Pers folds up little buddy— a month and a year.
    I never said CalTURDS “folds up”.

    BUT, it is in a “death spiral” right now, as its funding ratio is below 65%, hence the death spiral terminology.

    Reply this comment
    • Donkey
      Donkey 5 February, 2014, 13:44

      Rex, you can’t reason with TCS the RAGWUS feeders queen. All these feeders are under the illusion that a state that is chasing the manufacturing base that is left here out of the state after NAFTA sold out the nation is somehow going to have the funds to pay for an underfunded pension system. The greed of these fools knows no bounds. They are zealots! They take on the leftist mantra of global warming and dance to the reclassification as climate change so that they can never be seen as wrong as 2/3rds of the nation is in a deep freeze and the ice pack has grown faster and farther. Now TCS is dancing for Calpers and its crooked ways, as he dances for the weather, folks like him are prehistoric mindless automatons. 🙂

      Reply this comment
      • Ted Steele, CEO
        Ted Steele, CEO 5 February, 2014, 13:56

        Poor Duncey does not understand that its winter in North America!

        Duncey— Leave the bunker once a season little buddy!!!! Fox News can wait!

        Reply this comment
        • Donkey
          Donkey 5 February, 2014, 20:55

          TCS, why lie to yourself? There have been over 4400 cold temperature records broken so far this year my weather changing sidekick, you claim that the planet is getting hotter even though it has been getting cooler for the last 10 years. Dance my little sidekick, dance to heat the nation back up, dance for Al Gore for your absolution, dance, dance, dance. 🙂

          Reply this comment
      • Juun Hu
        Juun Hu 5 February, 2014, 16:42

        As a concerned citizen I would like to ask just one question of Mr Steele – How does any of your comments have any relevance to these undisputed mathematical facts?
        In 1999 the CalPERs public employee pension fund was 128% funded.

        In 1999 and 2000 CalPERS approved a 60-66% retroactive increase for Safety Officers and ~a 20% increase for active MISC employees.

        CalPERS BOD’s promised the CA Legislature and taxpayers that “No increase over current employer contributions is needed for these benefit improvements.”

        From 2000 to 2011 CalPERS contributions from taxpayers increased from ~$400M to almost $8B – a ~1900% increase.

        Since 1983 CalPERS pension funds have averaged ~9.3% return, ~1.5 to 1.75% each year above CaLPERS yearly Return on Investments (ROI) requirements.

        Yet as of 2012 CalPERS Unfunded Liabilities is ~$125B at a 7.5% discount rate. At a 5.5% discount rate, a more fiscally prudent rate it is projected to be over ~$250B.

        All of your statements about our pension problems reflect a mathematically implausible analysis or in simple terms this is the same trick CalPERS played on the taxpayers in 1999/2000.

        CalPERS own actuaries have stated even after the upcoming 60% raise in pension contributions, even after a 3.5% increase in salaries every year, even after the stock market doubling every 9.5 years for the next 30 years there is still a 48% probability CalPERS will be <50% funded (read FINANCIALLY INSOLVENT) and only a 70% chance CaLPERS will be 100% funded.

        You do not have to believe this post but I would recommend you honestly reflect on what CalPERS's Chief Actuary Ron Seeling inadvertently said in an Aug 2009 CalPERS seminar in Sacramento –

        “I don’t want to sugarcoat anything,” Seeling said. “We are facing decades without significant turnarounds in assets, decades of — what I, my personal words, nobody else’s — unsustainable pension costs of between 25 percent of pay for a miscellaneous plan and 40 to 50 percent of pay for a safety plan … unsustainable pension costs. We’ve got to find some other solutions.”

        So who should the reasonable person believe – a CalPERS actuary that espouses mathematically validated financial models or a person that espouses insolence in an obtuse manner.

        All facts can be checked at http://www.friendsoftorrance.com

        Reply this comment
        • Rex the Wonder Dog!
          Rex the Wonder Dog! 6 February, 2014, 07:54

          Oh Teddy, you have been asked a question here^^^^^^^^^^^.

          Care to reply, or are you going to tap dance onto the next thread 🙂

          Reply this comment
        • Rex the Wonder Dog!
          Rex the Wonder Dog! 6 February, 2014, 07:59

          So who should the reasonable person believe – a CalPERS actuary that espouses mathematically validated financial models or a person that espouses insolence in an obtuse manner. All facts can be checked at http://www.friendsoftorrance.com

          hmmm…. I will say…..ANYONE BUT TEDDY STEALS 😉

          Reply this comment
    • Ted Steele, CEO
      Ted Steele, CEO 5 February, 2014, 13:55

      LOL Nice back peddle Poodle!!!! You fit right in with El Colapso Back Peddeleo!!

      Reply this comment
  9. Laszlo
    Laszlo 5 February, 2014, 14:12

    Calpers own actuary reports show they will be broke.

    Why? Because a 6% COLA compounds the liability to infinity or all the money in circulation at some point.

    The earnings on assets is spent to pay current expenses.
    Neither taxes nor membership contributions compound and are finite.

    Plus the actuary uses approximately 6% but actual final pay increases are spiked to 20-30% which the actuary probably doesn’t receive.

    My favorite question, if calpers, calters, judges union, police union, firefighters union, life guard union, and all the rest are constitutionally guaranteed who gets the remaining cash when the state goes insolvent?
    They all think they have superiority.

    Reply this comment
  10. Donkey
    Donkey 5 February, 2014, 14:52

    TCS, it is you that has been spending time in a bunker. I live in the real world of the private sector, I worked for my pay and retirement, you sucked on the open sores of the hard working middleclass for your pension, and haven’t stopped my little sidekick. 🙂

    Reply this comment
    • Ted Steele, CEO
      Ted Steele, CEO 5 February, 2014, 17:27

      LOL you have no idea how I make my money little bunker dwelling buddy!

      But I LOVE that you think you do!

      Type now slave troll! lmao

      Reply this comment
    • Donkey
      Donkey 5 February, 2014, 18:24

      TCS, be honest for once in your RAGWUS feeding life!

      Now dance my little sidekick, dance to save calpers, dance to change the weather, dance to save the whales, dance for your man-crush oblamy, my little sidekick just loves his dancing. 🙂

      Reply this comment
  11. Let schools crumble
    Let schools crumble 5 February, 2014, 15:34

    I’m really glad that in Calif. taxpayers have significant protections against tax increases. It’s very hard to increase property taxes and politicians don’t like to raise taxes, and Prop. 13 is basically untouchable at this point, even for commercial property. CalSTRS which is in worse shape than CalPERS will run out of money in 30 years and probably sooner, judging from the current stock market correction. Maybe it’s fine that some people don’t believe in pension doomsday scenarios. Teachers don’t believe in them even though their schools are in unbelievable disrepair and budget cuts have eliminated arts, music, and voc-ed classes. If the union jokers think there’s no problem with their pensions, then they won’t try to get another Prop 30 on the ballot to steal more money. Incidentally, unlike firemen and police pensions, it’s very easy to make cuts to education when the state gets into financial trouble–so why are teachers more concerned about Common Core and iPads than CalSTRS’s insolvency?

    Reply this comment
  12. Ted Steele, CEO
    Ted Steele, CEO 5 February, 2014, 21:30

    LMAO! I knew I could make the trolls post!!!!

    Hurry !

    Reply this comment
    • Donkey
      Donkey 6 February, 2014, 07:28

      Seems as if your dancing really works TCS, I find it difficult to not post on CWD. Could you dance a little harder, with more effort towards the weather, my Sister is freezing in Massachusetts. And TCS, calpers and the economy needs some of your dancing moves, now strike a pose my little sidekick. 🙂

      Reply this comment
      • Ted Steele, CEO
        Ted Steele, CEO 6 February, 2014, 07:53

        Poor Duncey!

        That post was just dumb.

        PLEASE try harder little buddy!

        Reply this comment
      • Rex the Wonder Dog!
        Rex the Wonder Dog! 6 February, 2014, 12:28

        This is form post #8 Teddy, you seem to have ignored it 😉
        As a concerned citizen I would like to ask just one question of Mr Steele – How does any of your comments have any relevance to these undisputed mathematical facts? In 1999 the CalPERs public employee pension fund was 128% funded. In 1999 and 2000 CalPERS approved a 60-66% retroactive increase for Safety Officers and ~a 20% increase for active MISC employees. CalPERS BOD’s promised the CA Legislature and taxpayers that “No increase over current employer contributions is needed for these benefit improvements.” From 2000 to 2011 CalPERS contributions from taxpayers increased from ~$400M to almost $8B – a ~1900% increase. Since 1983 CalPERS pension funds have averaged ~9.3% return, ~1.5 to 1.75% each year above CaLPERS yearly Return on Investments (ROI) requirements. Yet as of 2012 CalPERS Unfunded Liabilities is ~$125B at a 7.5% discount rate. At a 5.5% discount rate, a more fiscally prudent rate it is projected to be over ~$250B. All of your statements about our pension problems reflect a mathematically implausible analysis or in simple terms this is the same trick CalPERS played on the taxpayers in 1999/2000. CalPERS own actuaries have stated even after the upcoming 60% raise in pension contributions, even after a 3.5% increase in salaries every year, even after the stock market doubling every 9.5 years for the next 30 years there is still a 48% probability CalPERS will be <50% funded (read FINANCIALLY INSOLVENT) and only a 70% chance CaLPERS will be 100% funded. You do not have to believe this post but I would recommend you honestly reflect on what CalPERS's Chief Actuary Ron Seeling inadvertently said in an Aug 2009 CalPERS seminar in Sacramento – “I don’t want to sugarcoat anything,” Seeling said. “We are facing decades without significant turnarounds in assets, decades of — what I, my personal words, nobody else’s — unsustainable pension costs of between 25 percent of pay for a miscellaneous plan and 40 to 50 percent of pay for a safety plan … unsustainable pension costs. We’ve got to find some other solutions.” So who should the reasonable person believe – a CalPERS actuary that espouses mathematically validated financial models or a person that espouses insolence in an obtuse manner. All facts can be checked at http://www.friendsoftorrance.com – See more at: http://calwatchdog.com/2014/02/04/latest-scandal-why-you-would-be-nuts-to-believe-calpers/#sthash.n90uq1Ij.dpuf

        Reply this comment
      • Donkey
        Donkey 6 February, 2014, 13:24

        Answer the question TCS!! Juun Hu has you behind the Goreball TCS, your little mind must be betraying the RAGWUS you so love. Just keep on prancing my little sidekick, dance that the RAGWUS will die a quick death!!!! 🙂

        Reply this comment
        • Rex the Wonder Dog!
          Rex the Wonder Dog! 6 February, 2014, 16:04

          Teddy wont respond, he has no ammo, all he has are dumb, idiotic and meaningless comments. He cannot back anything what he claims, he can only post sarcastic garbage, which I guess is smart when you have no ammo.

          Reply this comment
  13. Ted Steele, CEO
    Ted Steele, CEO 6 February, 2014, 17:43

    I have been busy job creating in the private sector all day Trolls— Sorry!

    I must have missed that post from “Juun”—

    Yes, well, first you are incorrect about several “facts”–

    the 128% funding number we all know.

    and we all know about the “vacations” granted which you conveniently leave out.

    We know that one cal pers ex employee promised the ,moon after 2000 and we all know what happened to him.

    We all know about the 70 to 100% numbers actuaries have tossed out in various venues at various times.

    We all know about Seeling’s statements after the pre reform measure”sugarcoat” comment.

    And we all know what pension reform has already provided in relief 20 years out—-

    so—–“Juun” and my little troll buddies…

    I guess there is truly no need to comment!

    HURRY post NOW slave trolls!!!

    Ju Jits (we call it that because we are tough…mmmm) internet toughies unite!

    Reply this comment
    • Rex the Wonder Dog!
      Rex the Wonder Dog! 6 February, 2014, 19:10

      Ju Jits (we call it that because we are tough…mmmm) internet toughies unite!
      Teddy, Octo Mom could take you out in an MMA match… 😉 ..well any match!

      Reply this comment
      • Ted Steele, CEO
        Ted Steele, CEO 6 February, 2014, 19:35

        LOL
        You
        are an internet tough guy
        and we all know how tough they are!

        LOL

        Hurry— say something tough and challenging– NOW!!!

        Reply this comment
        • Rex the Wonder Dog!
          Rex the Wonder Dog! 7 February, 2014, 12:24

          Hurry— say something tough and challenging– NOW!!!

          Teddy, Octo-Mom could take you out in an MMA match… ..well any match! 🙂

          Reply this comment
          • Donkey
            Donkey 9 February, 2014, 15:45

            Rex, TCS hates women, they scare him, I believe I once read that when he was in grade school he was scratched by a young maiden, he has never recovered. Now he lives in fear of these beautiful creatures, such is life. Cowards never overcome their fears in many ways. !! 🙂

      • Donkey
        Donkey 7 February, 2014, 10:06

        TCS writes as the most insecure person I have ever come in touch with Rex. He offers nothing but lies, innuendo, and RAGWUS feeder propaganda with every post. It is clear to those of us in the know his efforts are to maintain the grip the RAGWUS has around their politicians and hence the money which flows into their pay, pensions, and benefits.

        Public employee unions are evil, Franklin D. Roosevelt knew, informed taxpayers know it, and we know it too Rex.

        TCS has the type of character, if you can’t beat them – join them, real men have more integrity, they don’t follow because it is easy, real men stand up to lies, no matter how powerful the cabal, real men speak our against the RAGWUS. 🙂

        Reply this comment
        • Ted Steele, CEO
          Ted Steele, CEO 7 February, 2014, 13:26

          Zzzzzzzzzzzzzzzzzzzzzzz

          Another goofy rant I’ll NEVER read—-

          Life is short Internet Toughie—– QUICK!! Do 3 push ups and POST ANOTHER RANT!!!!

          Reply this comment
        • Donkey
          Donkey 7 February, 2014, 17:04

          What you believe has nothing to do with me TCS. History is on my side, the RAGWUS will fall, and you will then understand what it is the victimized by others. Now dance little TCS, dance. 🙂

          Reply this comment
          • Ted Steele, CEO
            Ted Steele, CEO 8 February, 2014, 08:08

            Duncey— What I believe will control your bunker mind little buddy! You Fox News Masters ™ will insist on it!

            The DOOMBCS and the GBBS are being beamed by microwaives via the NSA as we type!

            Now please do your three push ups little buddy!

            MmmmmmmmInternet Toughie!!!

          • Donkey
            Donkey 9 February, 2014, 15:41

            Dance my little sidekick!!! I have no time for your TV news my dimwitted follower. I am the master of my own mind. I do however do a high quantity of reading which gives me the ability to write my own thoughts without resorting to your RAGWUS talking points every time you post.

            By the way my donut eating sidekick, I do pull-ups. 🙂

  14. Ted Steele, CEO
    Ted Steele, CEO 9 February, 2014, 16:50

    Duncey!

    You honestly think you “are the master of” your own mind?

    Little buddy wake up— your wall street puppet masters pull the strings— your job?— Do as your told and shuffle back to your cubicle! Tut tut! The microwaives and the NSA keep it all down!

    PLEASE do not remove your tin foil hat until the guvment declares what happened with the Roswell Aliens ™ !

    Reply this comment
  15. Ted Steele, CEO
    Ted Steele, CEO 9 February, 2014, 16:51

    Oh— and thanks for biting on the exercise comments! You’re too easy!

    PLEASE do your 3 pushups today!

    Reply this comment
    • Donkey
      Donkey 9 February, 2014, 18:31

      Are you tired of dancing my little sidekick? The RAGWUS is failing my dancing sidekick!! 🙂

      Reply this comment
      • Ted Steele, CEO
        Ted Steele, CEO 9 February, 2014, 18:48

        Just tell us…..DID you do your 3 pushups?

        The SQUIDWID demands good PT little buddy!

        Reply this comment
      • Donkey
        Donkey 9 February, 2014, 21:42

        TCS, It is evident that you have been on a drinking and or drug binge my dancing parrot sidekick, you’re trying to write on your own, it’s not working out too well, is Al not retuning your calls? When your life is based on stealing from others the human mind can feel the life force of the victims seeking justice, some call this a conscience, others Karma, in your case it is probably the drugs or booze, reactions delivered up by you are much more sociopathic hence the absence of any feelings at all.

        Al Gore needs more dancers TCS, don’t let your preacher down my little parrot sidekick, just dance. 🙂

        Reply this comment

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