Where Has All the Money Gone? [Michigan Capitol Confidential]
"Tracking every dime of the estimated $20 billion public schools spend in Michigan each year, per pupil spending increased from $12,032 in 2000-01 to $12,438 in 2007-08, according to the state's Department of Education.
That's a 3.4 percent increase."
Tuesday, October 12, 2010
22 Statistics About The Coming Pension Crisis That Will Keep You Up At Night
22 Statistics About The Coming Pension Crisis That Will Keep You Up At Night
Americas-100-largest-corporate-pension-plans-were-underfunded-by-217-billion-at-the-end-of-2008
Americas-100-largest-corporate-pension-plans-were-underfunded-by-217-billion-at-the-end-of-2008
Your Household Owes $14,165 To Pay For Your City's Employees Retirements
Your Household Owes $14,165 To Pay For Your City's Employees Retirements
"A new study on pension shortfalls is getting a lot of buzz this morning.
It should sound a familiar theme -- thanks to unrealistic expectations, cities and states have much bigger pension shortfalls than they're willing to let on. All told, the gap could hit $3 trillion.
So what's it going to cost you?
WaPo:
The result is a growing wave of pension shortfalls that threatens to wash over many local governments in the near future, the report said.
The authors calculated that each household in the 50 cities and counties they studied owes an average of $14,165 to current and past government employees for their pensions.
"A new study on pension shortfalls is getting a lot of buzz this morning.
It should sound a familiar theme -- thanks to unrealistic expectations, cities and states have much bigger pension shortfalls than they're willing to let on. All told, the gap could hit $3 trillion.
So what's it going to cost you?
WaPo:
The result is a growing wave of pension shortfalls that threatens to wash over many local governments in the near future, the report said.
The authors calculated that each household in the 50 cities and counties they studied owes an average of $14,165 to current and past government employees for their pensions.
Monday, October 11, 2010
The Curse of Mike Hart
The Curse of Mike Hart - NYTimes.com
"ANN ARBOR, Mich.
It was only a few sentences, 40 or so words, but they have come to dominate the current era of the Michigan-Michigan State rivalry"
"ANN ARBOR, Mich.
It was only a few sentences, 40 or so words, but they have come to dominate the current era of the Michigan-Michigan State rivalry"
"No true liberal or progressive should support current public employee compensation."
"No true liberal or progressive should support current public employee compensation." - Hit & Run : Reason Magazine
"So a $53,000-a-year secretary, a $95,000-a-year 'creeks supervisor' and a $67,000-a-year 'tennis services coordinator' all walk into a bar..."
"So a $53,000-a-year secretary, a $95,000-a-year 'creeks supervisor' and a $67,000-a-year 'tennis services coordinator' all walk into a bar..."
Greek Health System Opts for Amputation as Money-Saver
Greek Health System Opts for Amputation as Money-Saver Breaking Lastest International News
"This Saturday, digit of Greece’s most reputable newspapers, To Vima, reportable that the nation’s maximal polity upbeat shelter bourgeois would no individual clear for primary covering for diabetes patients.
Amputation is cheaper, says the Benefits Division of the land shelter provider."
"This Saturday, digit of Greece’s most reputable newspapers, To Vima, reportable that the nation’s maximal polity upbeat shelter bourgeois would no individual clear for primary covering for diabetes patients.
Amputation is cheaper, says the Benefits Division of the land shelter provider."
Politics Upside Down
Works and Days » Politics Upside Down
"I think at the heart of the tea-party revolt and public anger in general is simply sheer disbelief at the astronomical debts, red ink that has increased by $3 trillion in just two years — and will fall due one day mostly on a generation that did not incur or enjoy the borrowing."
"I think at the heart of the tea-party revolt and public anger in general is simply sheer disbelief at the astronomical debts, red ink that has increased by $3 trillion in just two years — and will fall due one day mostly on a generation that did not incur or enjoy the borrowing."
Predictions of Success Are Public - Failures Are Secret?
Predictions of Success Are Public - Failures Are Secret? [Michigan Capitol Confidential]
"Michigan Economic Development Corp. very open with predictions of success, growing more secretive with news of failure"
"Michigan Economic Development Corp. very open with predictions of success, growing more secretive with news of failure"
Saturday, October 09, 2010
U.S. Won’t Recover Lost Jobs Until March 2020 At Current Pace
U.S. Won’t Recover Lost Jobs Until March 2020 At Current Pace
"At this year’s pace, the U.S. won’t recoup all those 8.36 million lost jobs* until March 2020 — 147 months after the December 2007 high."
"At this year’s pace, the U.S. won’t recoup all those 8.36 million lost jobs* until March 2020 — 147 months after the December 2007 high."
State snatches baby when dad accused of being 'Oath Keeper'
State snatches baby when dad accused of being 'Oath Keeper'
"A 16-hour-old newborn was snatched from her parents by authorities in Concord, N.H., after social services workers alleged the father is a member of Oath Keepers."
more:
http://reason.com/blog/2010/10/08/baby-snatching-its-hilarious-w
The silence from the MSM and the left is frightening.
"A 16-hour-old newborn was snatched from her parents by authorities in Concord, N.H., after social services workers alleged the father is a member of Oath Keepers."
more:
http://reason.com/blog/2010/10/08/baby-snatching-its-hilarious-w
The silence from the MSM and the left is frightening.
Angle: Reid helped child molesters get Viagra
My Way News - Angle: Reid helped child molesters get Viagra
"Before it passed, Sen. Tom Coburn, R-Okla., proposed an amendment barring federal expenditures for supplying Viagra and other erectile dysfunction drugs to sex offenders.
Democrats called it a political stunt aimed at killing the legislation.
The amendment died."
"Before it passed, Sen. Tom Coburn, R-Okla., proposed an amendment barring federal expenditures for supplying Viagra and other erectile dysfunction drugs to sex offenders.
Democrats called it a political stunt aimed at killing the legislation.
The amendment died."
Friday, October 08, 2010
The Politics of Foreclosure - WSJ.com
Review & Outlook: The Politics of Foreclosure - WSJ.com
"Talk about a financial scandal. A consumer borrows money to buy a house, doesn't make the mortgage payments, and then loses the house in foreclosure—only to learn that the wrong guy at the bank signed the foreclosure paperwork.
Can you imagine?
The affidavit was supposed to be signed by the nameless, faceless employee in the back office who reviewed the file, not the other nameless, faceless employee who sits in the front."
"Talk about a financial scandal. A consumer borrows money to buy a house, doesn't make the mortgage payments, and then loses the house in foreclosure—only to learn that the wrong guy at the bank signed the foreclosure paperwork.
Can you imagine?
The affidavit was supposed to be signed by the nameless, faceless employee in the back office who reviewed the file, not the other nameless, faceless employee who sits in the front."
Biden: "If We Lose, We're Going To Play Hell"
RealClearPolitics - Video - Biden: "If We Lose, We're Going To Play Hell"
The hate and lies from the left are just begining....
The hate and lies from the left are just begining....
Warning signs were there about financial adviser Dante DeMiro, accused of bilking Mona Shores
Warning signs were there about financial adviser Dante DeMiro, accused of bilking Mona Shores MLive.com
"MONA SHORES — It doesn’t take much research to turn up red flags about Dante DeMiro, the financial adviser behind a Ponzi scheme that has cost Mona Shores Public Schools as much as $3.7 million."
Gotta love this comment:
kipfreespch October 08, 2010 at 8:29PM
This a-hole even had 90 unpaid parking tickets in the City of Detroit in 2004.
He was at the top of a delinquint list for owing $4,720.
Took 2 minutes to lfind when looking him up on the internet - not someone we would have "developed trust" in!
"MONA SHORES — It doesn’t take much research to turn up red flags about Dante DeMiro, the financial adviser behind a Ponzi scheme that has cost Mona Shores Public Schools as much as $3.7 million."
Gotta love this comment:
kipfreespch October 08, 2010 at 8:29PM
This a-hole even had 90 unpaid parking tickets in the City of Detroit in 2004.
He was at the top of a delinquint list for owing $4,720.
Took 2 minutes to lfind when looking him up on the internet - not someone we would have "developed trust" in!
Tweedledee & Tweedledum feud as America is invaded | San Francisco Examiner
Tweedledee & Tweedledum feud as America is invaded San Francisco Examiner
"federal land managers are actively preventing the Border Patrol from sealing the southern border with Mexico"
"federal land managers are actively preventing the Border Patrol from sealing the southern border with Mexico"
The October Surprises continue
Dear MoveOn member,
This is an urgent request.
This week, news broke that the U.S. Chamber of Commerce—one of the biggest sources of corporate cash backing Republicans this year—has been using money from foreign corporations in India, Bahrain, and elsewhere to fund its attack ads, in apparent violation of the law.1
This explosive news could shift the course of the election if the Chamber is forced to scale back and all the right-wing candidates they're helping have to answer for this.
The Chamber knows that. Their strategy is to give no quarter and hope this blows over. In the last 48 hours they've actually spent millions more on ads targeted against progressive heroes including Russ Feingold.2
The liars on the left are expecting their collaborators in the MSM to "report" these fabrications as directed by MoveOn.org and their ilk.
Be ever vigilant and contact the liberal media when they show their true colors!
This is an urgent request.
This week, news broke that the U.S. Chamber of Commerce—one of the biggest sources of corporate cash backing Republicans this year—has been using money from foreign corporations in India, Bahrain, and elsewhere to fund its attack ads, in apparent violation of the law.1
This explosive news could shift the course of the election if the Chamber is forced to scale back and all the right-wing candidates they're helping have to answer for this.
The Chamber knows that. Their strategy is to give no quarter and hope this blows over. In the last 48 hours they've actually spent millions more on ads targeted against progressive heroes including Russ Feingold.2
The liars on the left are expecting their collaborators in the MSM to "report" these fabrications as directed by MoveOn.org and their ilk.
Be ever vigilant and contact the liberal media when they show their true colors!
Democrats: Adler campaign backed Tea Party candidate
Democrats: Adler campaign backed Tea Party candidate courierpostonline.com Courier-Post
"'The goal was to take 5 percent of (Republican Jon) Runyan's vote,'' said a Democrat with direct knowledge of the Adler campaign and CCDC operations."
The Tea Party brand has REAL political value and the media is letting the democrat hooligans steal it to hurt GOP candidates and decieve voters.
It almost worked in Michigan.
This WILL be a real problem in coming elections.
We've got to attack those media outlets that give credence to this obvious attempt to disenfranchise American voters.
"'The goal was to take 5 percent of (Republican Jon) Runyan's vote,'' said a Democrat with direct knowledge of the Adler campaign and CCDC operations."
The Tea Party brand has REAL political value and the media is letting the democrat hooligans steal it to hurt GOP candidates and decieve voters.
It almost worked in Michigan.
This WILL be a real problem in coming elections.
We've got to attack those media outlets that give credence to this obvious attempt to disenfranchise American voters.
Why Dems Are Going Down in November
RealClearPolitics - Why Dems Are Going Down in November
"Why is the electorate ready to kick Democrats to the curb?
Here's why:"
Click to see his list of democrat/Obama outrages against American citizens.
I had sort of forgotten some of them and the sheer number of attacks and failures is astounding.
In little more than one and a half years!
"Why is the electorate ready to kick Democrats to the curb?
Here's why:"
Click to see his list of democrat/Obama outrages against American citizens.
I had sort of forgotten some of them and the sheer number of attacks and failures is astounding.
In little more than one and a half years!
Video: Sparty would do (almost) anything for love ...
MSU sports blog: Video: Sparty would do (almost) anything for love ... freep.com
"A little rivalry humor heading into Saturday's big game:"
"A little rivalry humor heading into Saturday's big game:"
Economy loses 95K jobs due to government layoffs
My Way News - Economy loses 95K jobs due to government layoffs
"Since the recession ended in June 2009, the economy has grown 3 percent, according to economists at Deutsche Bank.
That's less than half the average 6.5 percent pace in postwar recoveries."
"Since the recession ended in June 2009, the economy has grown 3 percent, according to economists at Deutsche Bank.
That's less than half the average 6.5 percent pace in postwar recoveries."
U.S. Transportation Chief Weighs Urging a Ban on All Phone Use by Drivers
U.S. Transportation Chief Weighs Urging a Ban on All Phone Use by Drivers - Bloomberg
"U.S. Transportation Secretary Ray LaHood says he believes motorists are distracted by any use of mobile phones while driving, including hands-free calls, as his department begins research that may lead him to push for a ban."
“I don’t want people talking on phones, having them up to their ear or texting while they’re driving,” LaHood said in an interview this week.
So Ray has made his decision that we shouldn't use cell phones and now he spends our money on "research" that will prove his hypothesis.
That's "american" government under Obama, folks.
"U.S. Transportation Secretary Ray LaHood says he believes motorists are distracted by any use of mobile phones while driving, including hands-free calls, as his department begins research that may lead him to push for a ban."
“I don’t want people talking on phones, having them up to their ear or texting while they’re driving,” LaHood said in an interview this week.
So Ray has made his decision that we shouldn't use cell phones and now he spends our money on "research" that will prove his hypothesis.
That's "american" government under Obama, folks.
Thursday, October 07, 2010
Gallup Finds U.S. Unemployment at 10.1% in September
Gallup Finds U.S. Unemployment at 10.1% in September
"Underemployment, at 18.8%, is up from 18.6% at the end of August"
"Underemployment, at 18.8%, is up from 18.6% at the end of August"
No Pop for the Poor
Commentary » Blog Archive » No Pop for the Poor
"Now, there’s a strong argument to be made that if the government is setting the table and preparing the dinner, it should be able to choose the menu.
But that argument is not being made; on the contrary, those who want soda omitted from the items obtainable by food stamps are making the link between health and public spending."
"Now, there’s a strong argument to be made that if the government is setting the table and preparing the dinner, it should be able to choose the menu.
But that argument is not being made; on the contrary, those who want soda omitted from the items obtainable by food stamps are making the link between health and public spending."
Wednesday, October 06, 2010
Voters Are Much Less Optimistic About Black-White Relations
Voters Are Much Less Optimistic About Black-White Relations - Rasmussen Reports™
"just 36% of voters now say relations between blacks and whites are getting better."
"just 36% of voters now say relations between blacks and whites are getting better."
Tennessee state workers to ask for 7 percent raise
Tennessee state workers to ask for 7 percent raise tennessean.com The Tennessean
"The Tennessee State Employees Association said Tuesday that it will ask lawmakers for a 7 percent pay increase next year to make up for a wage freeze and the cancellation of a bonus tied to state revenues."
"The Tennessee State Employees Association said Tuesday that it will ask lawmakers for a 7 percent pay increase next year to make up for a wage freeze and the cancellation of a bonus tied to state revenues."
Woman charged with stabbing, biting security guard during alleged shoplifting incident at Kmart
Woman charged with stabbing, biting security guard during alleged shoplifting incident at Kmart MLive.com
"According to a Muskegon Township Police Department report, Robertson was stealing four cans of air freshener and seven twin packs of deodorant"
This thugette either had serious stink problems or this shoplifting was just her regular daily "shopping".
It's the culture, stupid
"According to a Muskegon Township Police Department report, Robertson was stealing four cans of air freshener and seven twin packs of deodorant"
This thugette either had serious stink problems or this shoplifting was just her regular daily "shopping".
It's the culture, stupid
Coldest winter in 1,000 years on its way
Coldest winter in 1,000 years on its way - RT
"The change is reportedly connected with the speed of the Gulf Stream, which has shrunk in half in just the last couple of years.
Polish scientists say that it means the stream will not be able to compensate for the cold from the Arctic winds.
According to them, when the stream is completely stopped, a new Ice Age will begin in Europe."
Well, at least they're scientists, not fat, massage parlor molesters.
"The change is reportedly connected with the speed of the Gulf Stream, which has shrunk in half in just the last couple of years.
Polish scientists say that it means the stream will not be able to compensate for the cold from the Arctic winds.
According to them, when the stream is completely stopped, a new Ice Age will begin in Europe."
Well, at least they're scientists, not fat, massage parlor molesters.
Woman, 81, jailed in vote-fraud case
Woman, 81, jailed in vote-fraud case
"After investigating the complaint for more than a year, Attorney General Greg Abbott's office sought a warrant for Comparin's arrest Sept. 30.
“Investigations take time, and we're very thorough,” said Tom Kelley, a spokesman for Abbott."
Yeah, right.
"After investigating the complaint for more than a year, Attorney General Greg Abbott's office sought a warrant for Comparin's arrest Sept. 30.
“Investigations take time, and we're very thorough,” said Tom Kelley, a spokesman for Abbott."
Yeah, right.
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