Top journalist sues Time magazine for ‘sex and age discrimination’ | Media | The Guardian

Top journalist sues Time magazine for ‘sex and age discrimination’ | Media | The Guardian
"...Ultimately, Mayer claims, the company took away her responsibilities as Europe editor the year after she took on the position, then forced her to relinquish the title, which the company gave to McAllester.
In April 2015 she was fired.
The suit, filed on 24 July, said: “Time has violated [anti-discrimination and civil rights] laws by operating a system of male cronyism, by which men, especially former war correspondents, were favoured over women in recruitment, dismissal and promotion decisions.”
Catherine Mayer: ‘I don’t know of one female journalist who hasn’t been discriminated against at work’
...‘Non-macho’ men and women who did not conform to traditional expectations of gender roles did not fare well,” the suit claims.
...Her treatment triggered serious health problems including depression, migraines and insomnia, Mayer alleges.
...Mayer said that despite her prominent position as an advocate for gender equality, she had hoped to keep her personal battle with Time quiet by reaching a private settlement..."

De Blasio Pushes for Tax on the 1% to Fund New York City Subway Fix - Bloomberg

De Blasio Pushes for Tax on the 1% to Fund New York City Subway Fix - Bloomberg:
"New York (AP) -- The mayor of New York City wants to tax the wealthiest 1 percent to fund repairs and improvements to the beleaguered subway system.
The proposal comes as Mayor Bill de Blasio and Gov. Andrew Cuomo, both Democrats, continue to squabble over responsibility for paying for repairs to the nation's largest transit system that has seen growing delays, mechanical failures, power outages and even derailments.
...It would affect about 32,000 of New Yorkers filing taxes in the city, or just less than 1 percent, officials said.
...New Yorkers already contribute to the agency through other taxes and fees.
De Blasio's plan also includes funding to offer half-price fare cards for low-income riders..."

BEWARE: There is Potential Danger in Michigan…

BEWARE: There is Potential Danger in Michigan…:

"Radical Muslims, on the other hand, will sneak in through the back door, or any way they can, and rob us of every last thing we hold precious and dear, all before we are even cognizant of the fact that there’s a danger lurking among us."

Cyber threats prompt return of radio for ship navigation

Cyber threats prompt return of radio for ship navigation:
LONDON (Reuters) - The risk of cyber attacks targeting ships' satellite navigation is pushing nations to delve back through history and develop back-up systems with roots in World War Two radio technology.
Ships use GPS (Global Positioning System) and other similar devices that rely on sending and receiving satellite signals, which many experts say are vulnerable to jamming by hackers.
About 90 percent of world trade is transported by sea and the stakes are high in increasingly crowded shipping lanes.
Unlike aircraft, ships lack a back-up navigation system and if their GPS ceases to function, they risk running aground or colliding with other vessels..."

Gigantic scam!-----Illinois financial woes haven’t stopped high-dollar university salaries - The College Fix

Illinois financial woes haven’t stopped high-dollar university salaries - The College Fix:
"With looming credit crisis and reduced budgets, many University of Illinois employees make hundreds of  thusands of dollars
Facing junk bond status, high debt and the threat of downgraded credit ratings, the state of Illinois is in dire financial straits – yet thousands of public university employees continue to pull down high-six-figure salaries.
Many of those employees are located at the Chicago campus of the University of Illinois, with more at its Urbana-Champaign flagship.
More than 3,100 employees make at least $100,000 and more than 500 make $200,000 or more at the Chicago campus.
Four doctors alone make a combined $4 million, and the top 14 employees at Chicago all make more than $500,000, according to OpenTheBooks.com, which tracks “disclosed spending” across federal, state and local governments.
When asked about these salaries, UI spokesman Thomas Hardy told The College Fix via email that “compensation for faculty and academic staff generally follows the market for the respective positions.
For example, our engineering, medical and college of business faculty, as well as senior administrators, earn compensation comparable to their colleagues at peer institutions.”..."
Read on!

Lunch video-----Nigel Farage in D.C. Warns Over Fake Conservatives, Crony Capitalism, and Radical Islam

WATCH -- Farage in D.C. Warns Over Fake Conservatives, Crony Capitalism, and Radical Islam: "Brexit leader Nigel Farage spoke in Washington, D.C. on Friday at the Young America’s Foundation conference, using his remarks to take aim at fake conservatives, slam crony capitalism, and issue a warning over radical Islamic terrorism.
“The one thing I’ve learned is that good conservative values have to be fought for and defended zealously at all time. 
We face huge enemies with the establishment and the media… and the biggest enemy of all that we face are those that are within in our ranks, those that masquerade as conservatives but actually follow liberal agendas,” Farage said."

Noon-toon

Dems Chortle at Trump's Claims of Voter Fraud in CA, but an Investigation Shows an Alarming Trend - Jennifer Van Laar

Dems Chortle at Trump's Claims of Voter Fraud in CA, but an Investigation Shows an Alarming Trend - Jennifer Van Laar:


"When President Trump claimed after the election that ballots cast by millions of illegals, especially in California, cost him the popular vote, progressives rushed to dispute his notion. The Secretary of State's office even says they haven't had one single complaint about an illegal voting in last year's election. "

Pennsylvania bill would provide scholarships to children of incarcerated parents - The College Fix

Pennsylvania bill would provide scholarships to children of incarcerated parents - The College Fix: "In late June, a bipartisan group of Pennsylvania state senators proposed a bill which would “establish a public charitable trust” to assist children who have a parent (or parents) in the prison system.
The “First Chance Trust Fund” would provide scholarships to these children which, according to Penn Live, does not utilize taxpayer monies.
Instead, lawmakers say, First Chance would be funded by “private, tax-deductible donations” and a “1 percent surcharge on vendors that have a contract with the Department of Corrections exceeding $5 million.”
...But would taxpayers really be unaffected by this program?
On WPHT radio’s Dom Giordano program on Friday, Pennsylvania State Representative Steve Barrar said that one percent surcharge indeed will affect taxpayers:
“At the end of the day, the contractors, all they’re going to do if you’re going to hit them with a one percent surcharge, is increase their price to absorb that one percent surcharge knowing it’s coming.
So at the end of the day, the taxpayers pay.”
...perhaps more importantly — where’s the “surcharge” scholarship funds available for the children of slain law enforcement officials?..."

#1 Movie this week 1962-----The Music Man Official Trailer (1962)

What Ponzi Scheme? Public Pensions Average 0.6% Return In 2016 Despite 7.6% Assumption | Zero Hedge

What Ponzi Scheme? Public Pensions Average 0.6% Return In 2016 Despite 7.6% Assumption | Zero Hedge:
"We've frequently argued that public pension funds in the U.S. are nothing more than...

• thinly-veiled ponzi schemes 
• with their ridiculously high return assumptions 
• specifically intended to artificially minimize the present value of future retiree payment obligations and minimize required annual contributions 
• thus also from taxpayers...
• all while actual, if immediately intangible, underfunded liabilities continue to surge. 

As evidence of that assertion, we present to you the latest public pension analysis from the Center for Retirement Research at Boston College.  

As part of their study, Boston College reviewed 170 public pension plans in the U.S. and found that their average 2016 return was an abysmal 0.6% compared to an average assumed return of 7.6%.

Meanwhile, per the chart below, the average return for the past 15 years has also been well below discount rate assumptions, at just 5.95%.

All of which, as we stated above, continues to result in surging liabilities and collapsing funding ratios.

...But, perhaps the most telling sign of the massive ponzi scheme being perpetrated on American retirees is the following chart which shows that net cash flows have become increasingly negative, as a percentage of assets, as annual cash benefit payments continue to exceed cash contributions.

Conclusion, you can hide behind high discount rates and a "kick the can down the road" strategy in the short-term...but in the long run actual cash flows matter.

Read the full report here:"

#1 This week 1967-----The Doors - Light My Fire