Monday, February 26, 2018

"CalPERS Is Near Insolvency; It Needs A Bailout Soon" - Former Board Member Makes Stunning Admission | Zero Hedge

See the source image"CalPERS Is Near Insolvency; It Needs A Bailout Soon" - Former Board Member Makes Stunning Admission | Zero Hedge:
"...In a brief discussion wondering what municipalities and states will do when local tax revenues decline and unemployment worsens, Hunt said "we're worried about those pension obligations.”
He is hardly alone: having reported over and over and over (and over, and over) again that public pensions are in deep trouble, two days ago none other than Steve Westly, former California controller and Calpers board member - manager of the largest public pension fund in the US, made a stunning admission, confirming everything:
The pension crisis is inching closer by the day. @CalPERS just voted to increase the amount cities must pay to the agency. Cities point to possible insolvency if payments keep rising but CalPERS is near insolvency itself. It may be reform or bailout soon.http://ow.ly/CQGw30iyLko 
As we have reported previously, the Calpers system, once more than 100 percent funded, now has scarcely two-thirds of what it would need to fully cover all of the pension promises to current and future retirees. 
And that assumes it will hit an investment earnings target of 7%per year, that many authorities criticize as being too optimistic..."
Read on!

Lunch video-----DEBUNKED: Top 5 AR-15 Lies! | Louder With Crowder

Noon-toon


Barack Obama's real debt and deficit legacy - Washington Times

Barack Obama's real debt and deficit legacy - Washington Times:

Image result for wikicommons images obama"But Mr. Obama made the deficit hundreds of billions of dollars worse with a stimulus plan that by the administration’s own admission didn’t create a single new job. (The number of jobs in 2009, 2010, and 2011 was lower than Mr. Obama’s economists predicted we would get if we had done nothing and not wasted $800 billion.
Mr. Obama’s failed presidency is being falsely lionized in other ways as well. The new spin from the left is that Mr. Obama saved the U.S. from a second great depression, when in fact he gave America the weakest recovery from a recession since the Great Depression. He also left Mr. Trump with an economy that was crawling at 1.6 percent— which is why many people thought we were headed to another recession."


They're not just nuts, they are nasty!-----Social Justice Warrior Wants Veterans Banned From Universities

Social Justice Warrior Wants Veterans Banned From Universities
"A Social Justice Warrior at the University of Colorado-Colorado Springs (UCCS) has declared in a school newsletter article that veterans should be banned from four-year universities because of their affiliation with “extremist right-wing groups” and tendency to “frighten” LGBT students.
The author, Terry Steinawitz, argues that veterans should be banned from all four-year universities because veterans “openly mock the ideas of diversity and safe spaces,” are socialized into a military culture that is “that of a white supremacist organization,” frighten students by having an “overwhelming presence in the classroom” that can distract “vulnerable” students, especially “LGBTQQI2SSA” individuals, and have ties to groups like the Tea Party and NRA.
...The article concludes that banning veterans is necessary “in order to protect our academic institutions.”
Social Justice Warrior Wants Veterans Banned From Universities
Read on!
According to Campus Reform,
“A spokesman from UCCS confirmed to Campus Reform that the newsletter was posted ‘on an open community bulletin board in our University Center,’ which is similar to a student union at other universities..."

#1 Movie this week 1984-----Beverly Hills Cop 1984 Trailer

"Free" government healthcare-----Waiting Your Turn: Wait Times for Health Care in Canada, 2017 Report | Fraser Institute

Waiting Your Turn: Wait Times for Health Care in Canada, 2017 Report | Fraser Institute
See the source image"...Overall, waiting times for medically necessary treatment have increased since last year. Specialist physicians surveyed report a median waiting time of 21.2 weeks between referral from a general practitioner and receipt of treatment—longer than the wait of 20.0 weeks reported in 2016. 
This year’s wait time—the longest ever recorded in this survey’s history—is 128% longer than in 1993, when it was just 9.3 weeks.
There is a great deal of variation in the total waiting time faced by patients across the provinces. 
...There is also a great deal of variation among specialties. 
Patients wait longest between a GP referral and orthopaedic surgery (41.7 weeks), while those waiting for medical oncology begin treatment in 3.2 weeks..."
Read on!

#1 This day in 1954-----Doris Day - Secret Love

Feminist PANICS After Dana Loesch Suggests Women Who Carry Guns Are Harder To Rape | Daily Wire

See the source imageFeminist PANICS After Dana Loesch Suggests Women Who Carry Guns Are Harder To Rape | Daily Wire:
"Feminist author and blogger Jessica Valenti was disappointed to learn, Wednesday night, that some women find arming themselves a useful way of protecting themselves against sexual predators.
Actually, that's putting it mildly.
Valenti panicked after hearing National Rifle Association spokeswoman Dana Loesch suggest that the Second Amendment is a helpful tool in preventing violence against women, and launched into a four-tweet diatribe about how women are all going to be dead as a result of being armed."
Read on!
Dana Loesch bringing up guns as a means to prevent rape is DISGUSTING
Look at how we treat women when they out their rapists - you think SHOOTING them is going to go over better?

Look at how we treat women when they out their rapists - you think SHOOTING them is going to go over better?
Women are overwhelmingly hurt by guns, not helped. More domestic violence murders are committed with guns than with all other weapons combined. A huge risk factor for abused women is whether or not there's a gun in the home.

You ought to know!


Devin Nunes expands dossier probe to find out what Obama knew - Washington Times

Devin Nunes expands dossier probe to find out what Obama knew - Washington Times:

Image result for flickr commons images obama"The dossier, funded by Hillary Clinton campaign and the Democratic Party and written by British ex-spy Christopher Steele, was circulated by paymaster Fusion GPS during the 2016 campaign.

Mr. Steele, relying on Kremlin sources, made a series of felony charges plus several salacious claims against Mr. Trump and his aides. None to date have been confirmed publicly.

The letter’s recipients are redacted. But it is assumed they are going to be such leading Obama administrations officials as CIA Director John Brennan and Director of National Intelligence James Clapper."


Five Cities That Got F*cked by Hosting the Olympics

AM Fruitcake


History for February 26

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History for February 26 - On-This-Day.com
Nicolas Joseph Cugnot 1725 - Inventor, Victor Hugo 1802 - Author, Levi Strauss 1829 - Businessman, founded the first company to manufacture blue jeans
See the source imageImage result for Victor Hugo BooksImage result for Levi Strauss History

William "Buffalo Bill" Cody 1846 - Frontiersman, showman, John Harvey Kellogg 1852, Johnny Cash 1932 - Musician
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1916 - Mutual signed Charlie Chaplin to a film contract.
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1919 - In Arizona, the Grand Canyon was established as a National Park with an act of the U.S. Congress.
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1929 - U.S. President Coolidge signed a bill creating the Grand Teton National Park.
Image result for Grand Teton National Park.

1952 - British Prime Minister Winston Churchill announced that Britain had developed an atomic bomb.
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1986 - Corazon Aquino was inaugurated president of the Philippines. Long time President Ferdinand Marcos went into exile.
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1991 - Iraqi President Saddam Hussein announced on Baghdad Radio that Iraqi troops were being withdrawn from Kuwait.
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1993 - Six people were killed and more than a thousand injured when a van exploded in the parking garage beneath the World Trade Center in New York City. The bomb had been built by Islamic extremists.
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1998 - In Oregon, a health panel rules that taxpayers must help to pay for doctor-assisted suicides.
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