Skip– The Republi-fools NEVER remember inconvenient history! I always enjoy that….

The Ted System

Actually, it was Dick Cheney who told all of us that deficits and debt don’t matter.

The grand old actuarial rate of return, which was always 8.0%, dates from an era when the ‘time value of money’ dictated that cash on deposit had to return an amount equal to inflation PLUS extra for the opportunity cost of keeping cash in cash. No longer. In this degraded era of ZIRP and NIRP, the actuarial rate lives on ONLY in defined benefit plans, which are ONLY offered to public employees. Since no money manager other than Madoff can guarantee such a return, the taxpayers are open to having their veins opened to keep the retirees comfy….

Bravo!!!

Post now trolls!!!!

Ever try to put on your skinny jeans after weekend after weekend of debachery and gluttony in tacky/miserable Sunset Beach, the Donkey lair…..

Every pension fund out thinks itself by running multiple layered economic/sector computer models created by chubby fingers/waisted-shrimp cocktail sauce stained doomers, globalists, plutocrats, big box store monopolists, xxxl toga wearing publicans and the deplorable slaver tech trinket makers.

The answer is a new Cultural Revolution or old fashion Purge of the entrenched Bozo’s who practice portfolio flagellation at the determinant of unsuspecting teachers and trusting goverment servants of the teaming poor masses.

“Every school in California is required to provide instruction in the subjects named above, although physical education is the only subject that has statutorily required minutes of instruction. The schedule of the instructional day and week is determined by the teacher and the local school and district administration.

California is supporting local implementation of the CCSS through resources available to all LEAs, many of which are noted in the Common Core State Standards Systems Implementation Plan for California. While implementation of specific academic content standards is a local decision and not specifically mandated by EC, California strongly recommends their local use”