Former Justice Pulls Back Curtain on Michigan Supreme Court - Law Blog - WSJ
"We sense that we have not heard the last of this dispute."
Wednesday, November 24, 2010
Tuesday, November 23, 2010
The Cost of the Debt Explosion
"Here is what our future looks like if we don’t cut spending dramatically."
Whitman's maid story was pushed by nurses union
Whitman's maid story was pushed by nurses union
"How did an undocumented, Mexican-born housekeeper, Nicandra Diaz Santillan, end up in the national spotlight, boldly confronting her former boss, billionaire GOP gubernatorial candidate Meg Whitman?
The short answer: with the help of a union."
"How did an undocumented, Mexican-born housekeeper, Nicandra Diaz Santillan, end up in the national spotlight, boldly confronting her former boss, billionaire GOP gubernatorial candidate Meg Whitman?
The short answer: with the help of a union."
The Rapid posts salaries for Grand Rapids bus drivers, executives
The Rapid posts salaries for Grand Rapids bus drivers, executives MLive.com
"That's a legitimate and understandable question, Rapid officials say.
That's why visitors to their website can now view freshly posted salary range data."
Interesting there is NO pension or health care benefit info posted.
"That's a legitimate and understandable question, Rapid officials say.
That's why visitors to their website can now view freshly posted salary range data."
Interesting there is NO pension or health care benefit info posted.
Joe Paterno plans to coach Penn State Nittany Lions in 2011 - ESPN
Joe Paterno plans to coach Penn State Nittany Lions in 2011 - ESPN
"Joe Paterno says he plans to return as Penn State coach next season, putting an end to any speculation about retirement."
"Joe Paterno says he plans to return as Penn State coach next season, putting an end to any speculation about retirement."
Should public retirement age be hiked past 60?
Should public retirement age be hiked past 60? - OC Watchdog : The Orange County Register
"So the good states of the Union are starting to face up to the fact that they can’t afford to pay the pensions and other benefits they’ve promised to retirees.
Oops.
We told you earlier about how the Pew Center on the States has released a new nationwide review of how states are mobilizing to battle their coming $1 trillion pension tsunami,
And we note that while California has raised the retirement age for most employees from 55 to 60, other states have raised it to 62, and even 67.
Some note that Social Security doesn’t fully kick in until you’re 67.
What do you think? (You might want to ponder the charts below, from a Pew report, before you cast your vote.)"
"So the good states of the Union are starting to face up to the fact that they can’t afford to pay the pensions and other benefits they’ve promised to retirees.
Oops.
We told you earlier about how the Pew Center on the States has released a new nationwide review of how states are mobilizing to battle their coming $1 trillion pension tsunami,
And we note that while California has raised the retirement age for most employees from 55 to 60, other states have raised it to 62, and even 67.
Some note that Social Security doesn’t fully kick in until you’re 67.
What do you think? (You might want to ponder the charts below, from a Pew report, before you cast your vote.)"
Michigan Forbids City of Hamtramck to Seek Bankruptcy; My Advice to Hamtramck: "Default"
Mish's Global Economic Trend Analysis: Michigan Forbids City of Hamtramck to Seek Bankruptcy; My Advice to Hamtramck: "Default"
"That Hamtramck is clearly bankrupt, unable to bay bills, saddled with unions salaries, pension promises that cannot be met, as well as other problems it desperately needs to get rid of without burdening taxpayers even more, is of no concern to the current governor of the state.
Please consider this updated report Michigan Forbids City To Seek Municipal Bankruptcy.
A spokesman for the Michigan state treasury said Thursday that municipal bankruptcy isn't an option for Hamtramck, the small city near Detroit that earlier this month asked the state for permission to file for the process."
Read this!
"That Hamtramck is clearly bankrupt, unable to bay bills, saddled with unions salaries, pension promises that cannot be met, as well as other problems it desperately needs to get rid of without burdening taxpayers even more, is of no concern to the current governor of the state.
Please consider this updated report Michigan Forbids City To Seek Municipal Bankruptcy.
A spokesman for the Michigan state treasury said Thursday that municipal bankruptcy isn't an option for Hamtramck, the small city near Detroit that earlier this month asked the state for permission to file for the process."
Read this!
Detroit Symphony Orchestra Management, Musicians in Talks
Detroit Symphony Orchestra Management, Musicians in Talks - WSJ.com
The DSO's 85 musicians walked off the job in late September after negotiations broke down over a proposed contract calling for the salaries of veteran musicians to be cut by nearly a third while new players would start at 42% below the current base of $104,650.
Pension and health benefits also would be cut.
So us taxpayers are gonna chip in so rich folks can listed to rich folks play music?
The DSO's 85 musicians walked off the job in late September after negotiations broke down over a proposed contract calling for the salaries of veteran musicians to be cut by nearly a third while new players would start at 42% below the current base of $104,650.
Pension and health benefits also would be cut.
So us taxpayers are gonna chip in so rich folks can listed to rich folks play music?
The 'Build America' Debt Bomb
Steven Malanga: The 'Build America' Debt Bomb - WSJ.com
"One sure signal has been the sharp rise in the cost for investors to insure against default.
In June, the price of a contract protecting an investor from a default by Illinois on its bonds rose to a record high of $309,100 on $10 million of debt over five years, according to CMA Datavision.
The national average for states is $190,000 per $10 million in debt.
At that point, Illinois surpassed California as the worst credit risk among U.S. states"
Grab a drink and read it all.
This is scary!
"One sure signal has been the sharp rise in the cost for investors to insure against default.
In June, the price of a contract protecting an investor from a default by Illinois on its bonds rose to a record high of $309,100 on $10 million of debt over five years, according to CMA Datavision.
The national average for states is $190,000 per $10 million in debt.
At that point, Illinois surpassed California as the worst credit risk among U.S. states"
Grab a drink and read it all.
This is scary!
Wednesday, November 17, 2010
Bristol Palin’s dancing on TV set off man in standoff, complaint says
Bristol Palin’s dancing on TV set off man in standoff, complaint says
"According to the complaint, Cowan and his wife were watching “Dancing with the Stars” when Cowan jumped up and swore as Bristol Palin appeared, saying something about “the (expletive) politics.”
Cowan was upset that a political figure’s daughter was on the show when he didn’t think she was a good dancer, the complaint states.
According to the complaint:
......He was carrying a single-shot shotgun, which he loaded and fired into the television."
PDS (Palin Derangement Syndrome) strikes again!
"According to the complaint, Cowan and his wife were watching “Dancing with the Stars” when Cowan jumped up and swore as Bristol Palin appeared, saying something about “the (expletive) politics.”
Cowan was upset that a political figure’s daughter was on the show when he didn’t think she was a good dancer, the complaint states.
According to the complaint:
......He was carrying a single-shot shotgun, which he loaded and fired into the television."
PDS (Palin Derangement Syndrome) strikes again!
Subscribe to:
Comments (Atom)