States Face ‘Staggered’ Recovery, Pew’s Urahn Says
"Investors in municipal bonds should purchase higher-rated debt and diversify across the states, LaRosa said.
Buyers should focus on pre-refunded municipal bonds, a tax-exempt security payable from U.S. Treasuries in escrow that are left in the market after refinancing deals, and callable debt.
Lower-rated states, such as California and Illinois, are not yielding enough to merit the risk of investment, LaRosa said."
Friday, April 16, 2010
Dimwitted fake Tea Partier Justin Lewis of law firm Gordon & Rees doesn't fool anyone
W.C. Varones: Dimwitted fake Tea Partier Justin Lewis of law firm Gordon & Rees doesn't fool anyone
"At the Midway PO, surrounded by signs saying, 'Plant' and 'Not a Tea Partier.'
Try again next time, Obamabot!
The man was identified by Tea Partiers who recognized him as lawyer Justin Lewis from a firm called Gordon & Rees."
Too funny!
"At the Midway PO, surrounded by signs saying, 'Plant' and 'Not a Tea Partier.'
Try again next time, Obamabot!
The man was identified by Tea Partiers who recognized him as lawyer Justin Lewis from a firm called Gordon & Rees."
Too funny!
Gotta love his obliviousness to his shirt.
I'm sure his law firm is proud....or his ex-law firm....
I'm sure his law firm is proud....or his ex-law firm....
More on the dufus;
Mark Steyn: Obama's nuke summit dangerously delusional
Mark Steyn: Obama's nuke summit dangerously delusional
"What Obama and his empty showboaters failed even to acknowledge in their 'security' summit is the reality of the Post-Big Five nuclear age:
We're on the brink of a world in which the wealthiest nations, from Canada to Norway to Japan, can barely project meaningful force to their own borders while the nickel 'n' dime basket-cases go nuclear.
How long do you think that arrangement will last?"
More.
Read it all and ...buy cans of spam?
"What Obama and his empty showboaters failed even to acknowledge in their 'security' summit is the reality of the Post-Big Five nuclear age:
We're on the brink of a world in which the wealthiest nations, from Canada to Norway to Japan, can barely project meaningful force to their own borders while the nickel 'n' dime basket-cases go nuclear.
How long do you think that arrangement will last?"
More.
Read it all and ...buy cans of spam?
Mark Steyn: Obama's nuke summit dangerously delusional
Mark Steyn: Obama's nuke summit dangerously delusional nuclear, obama, summi
"In years to come – assuming, for the purposes of argument, there are any years to come – scholars will look back at President Barack Obama's Nuclear Security Summit and marvel.
For once, the cheap comparisons with 1930s appeasement barely suffice:
To be sure, in 1933, the great powers were meeting in Geneva and holding utopian arms-control talks even as Hitler was taking office in Berlin.
But it's difficult to imagine Neville Chamberlain in 1938 hosting a conference on the dangers of rearmament, and inviting America, France, Brazil, Liberia and Thailand ...but not even mentioning Germany.
Yet that's what Obama just did:
He held a nuclear gabfest in 2010, the biggest meeting of world leaders on American soil since the founding of the United Nations 65 years ago – and Iran wasn't on the agenda."
"In years to come – assuming, for the purposes of argument, there are any years to come – scholars will look back at President Barack Obama's Nuclear Security Summit and marvel.
For once, the cheap comparisons with 1930s appeasement barely suffice:
To be sure, in 1933, the great powers were meeting in Geneva and holding utopian arms-control talks even as Hitler was taking office in Berlin.
But it's difficult to imagine Neville Chamberlain in 1938 hosting a conference on the dangers of rearmament, and inviting America, France, Brazil, Liberia and Thailand ...but not even mentioning Germany.
Yet that's what Obama just did:
He held a nuclear gabfest in 2010, the biggest meeting of world leaders on American soil since the founding of the United Nations 65 years ago – and Iran wasn't on the agenda."
CBS News Reprimanded by White House for Suggesting Supreme Court Candidate Elena Kagan Is Gay
CBS News Reprimanded by White House for Suggesting Supreme Court Candidate Elena Kagan Is Gay
"The White House made what to us looks like a tactical error yesterday when it insisted that CBS News pull down a blog post that indicated Elena Kagan, the Solicitor General and a frequently named candidate to replace John Paul Stevens on the Supreme Court, is gay.
Former Bush-administration aide Ben Domenech wrote on CBSNews.com that Obama would 'please' a lot of his base if he selected America's 'first openly gay justice.'"
Wooo, we were "taught" that out was in.
Sup?
"The White House made what to us looks like a tactical error yesterday when it insisted that CBS News pull down a blog post that indicated Elena Kagan, the Solicitor General and a frequently named candidate to replace John Paul Stevens on the Supreme Court, is gay.
Former Bush-administration aide Ben Domenech wrote on CBSNews.com that Obama would 'please' a lot of his base if he selected America's 'first openly gay justice.'"
Wooo, we were "taught" that out was in.
Sup?
Single mother soldier who couldn't sort out childcare wins £17,000 payout from MoD
Single mother soldier who couldn't sort out childcare wins £17,000 payout from MoD
"She won her landmark employment tribunal case earlier this year, and also won a claim of race discrimination because Army chiefs did not let her bring her half-sister from the Caribbean, where Miss DeBique was recruited, to look after her child."
Oh my GOD!!!!!!!!!!!!!!!!!!
Churchill may very well come back from his grave!
If England were only so lucky.
How horribly sad for the future of the citizens of that country.
"She won her landmark employment tribunal case earlier this year, and also won a claim of race discrimination because Army chiefs did not let her bring her half-sister from the Caribbean, where Miss DeBique was recruited, to look after her child."
Oh my GOD!!!!!!!!!!!!!!!!!!
Churchill may very well come back from his grave!
If England were only so lucky.
How horribly sad for the future of the citizens of that country.
Obama, Clinton fundraiser admits $292 million fraud | Reuters
Obama, Clinton fundraiser admits $292 million fraud
You probably won't see a frowny faced perkie Katie or stern Brian reporting this.
But where did the money he "gave" to the Obama and Clinton campaigns come from?
Inquiring minds want to know...but none in the MSM.
Bummer
You probably won't see a frowny faced perkie Katie or stern Brian reporting this.
But where did the money he "gave" to the Obama and Clinton campaigns come from?
Inquiring minds want to know...but none in the MSM.
Bummer
The 2010 Iowahawk Earth Week Virtual Cruise-In
iowahawk: The 2010 Iowahawk Earth Week Virtual Cruise-In
"Bruce adds this bonus photo of his pride & joy in flight, taunting some wind turbines in North Texas:"
"Bruce adds this bonus photo of his pride & joy in flight, taunting some wind turbines in North Texas:"
Izzo plays best for the home team
Izzo plays best for the home team - College Basketball - Rivals.com
“He is gonna try to get the last little bit you got,” Summers said of Izzo.
“You can be tongue hanging out of your mouth dying, and he’s still gonna try to get a little bit more out of you.
I think that’s what makes him special at this time of year.”"
Wow!
“He is gonna try to get the last little bit you got,” Summers said of Izzo.
“You can be tongue hanging out of your mouth dying, and he’s still gonna try to get a little bit more out of you.
I think that’s what makes him special at this time of year.”"
Wow!
MSU sports blog | Detroit Free Press
freep.com MSU sports blog
LAS CRUCES, N.M. — New Mexico State men’s basketball coach Marvin Menzies says Jahmar Young will not return for his senior season and redshirt freshman Jacoby Patton has been dismissed from the team indefinitely.
Menzies made the announcement in a statement issued by the university today.
Young was arrested early Sunday and charged with battery on a peace officer after he and a group of people were reportedly being disruptive inside a Las Cruces convenience store.
Young claimed not to know who Michigan State point guard Kalin Lucas was before the teams met in the first round of the NCAA tournament last month.
"We don't shy away from battles," Young said at the time. "We like tough games, you know. It's also a plus to play a name … what's his name?"
"Kalin Lucas."
"Kalin Lucas. I really never even heard of him. But if he's that good, it'll show."
Patton was also arrested on a misdemeanor charge following the same incident with Young.
Whatever....
LAS CRUCES, N.M. — New Mexico State men’s basketball coach Marvin Menzies says Jahmar Young will not return for his senior season and redshirt freshman Jacoby Patton has been dismissed from the team indefinitely.
Menzies made the announcement in a statement issued by the university today.
Young was arrested early Sunday and charged with battery on a peace officer after he and a group of people were reportedly being disruptive inside a Las Cruces convenience store.
Young claimed not to know who Michigan State point guard Kalin Lucas was before the teams met in the first round of the NCAA tournament last month.
"We don't shy away from battles," Young said at the time. "We like tough games, you know. It's also a plus to play a name … what's his name?"
"Kalin Lucas."
"Kalin Lucas. I really never even heard of him. But if he's that good, it'll show."
Patton was also arrested on a misdemeanor charge following the same incident with Young.
Whatever....
Bottom Up Politics: Muskegon Tea Party Tax Day
Bottom Up Politics: Tea Party Tax Day
"For short notice our Tax Day Tea Party rally turned out well. Fred and I estimated 150 people came."
A nice blog post with photos and links!
"For short notice our Tax Day Tea Party rally turned out well. Fred and I estimated 150 people came."
A nice blog post with photos and links!
Thursday, April 15, 2010
Women can be 'blinded' by jealousy
Women can be 'blinded' by jealousy - Telegraph
In these experiments, it was always the women who searched for a target.
The researchers don't yet know what will happen when the roles are reversed and men's jealousy is tested."
In these experiments, it was always the women who searched for a target.
The researchers don't yet know what will happen when the roles are reversed and men's jealousy is tested."
U.S. Fish and Wildlife goes for birds, against Muskegon County's wind turbine plan
U.S. Fish and Wildlife goes for birds, against Muskegon County's wind turbine plan
"Muskegon County's effort to 'go green' is running up against an unlikely foe: the U.S. Fish and Wildlife Service, which says the county's proposal to erect wind turbines would endanger birds."
No surprise here but..good grief!
The only "green" power source in existence is nuke!
And the same "birder", "CO2", "coal mining", et al fools have stopped it.
Do they really want no....power?
I'm thinking that is their real goal.
"Muskegon County's effort to 'go green' is running up against an unlikely foe: the U.S. Fish and Wildlife Service, which says the county's proposal to erect wind turbines would endanger birds."
No surprise here but..good grief!
The only "green" power source in existence is nuke!
And the same "birder", "CO2", "coal mining", et al fools have stopped it.
Do they really want no....power?
I'm thinking that is their real goal.
Obamas earned 5.5 million dollars in 2009
Obamas earned 5.5 million dollars in 2009
"President Barack Obama and his wife have doubled their income since he took office, declaring a joint gross income of 5.5 million dollars for the 2009 fiscal year, the White House said Thursday"
Has ANY sitting president made close to $5.5 MILLION in one year?
Imagine if he was a......republican!
But this is a simple yawn from the MSM.
Nothing here folks, just go home...walk away.....no big deal....
"President Barack Obama and his wife have doubled their income since he took office, declaring a joint gross income of 5.5 million dollars for the 2009 fiscal year, the White House said Thursday"
Has ANY sitting president made close to $5.5 MILLION in one year?
Imagine if he was a......republican!
But this is a simple yawn from the MSM.
Nothing here folks, just go home...walk away.....no big deal....
Breyer: ObamaCare a Good Candidate for Supreme Ct. Review
Breyer: ObamaCare a Good Candidate for Supreme Ct. Review
"Justice Stephen Breyer says that the U.S. Supreme Court is likely to rule on ObamaCare at some point in the future, the Associated Press reports:
Breyer told a congressional panel Thursday that the massive health care law, like most major federal legislation, is a good candidate for high court review."
"Justice Stephen Breyer says that the U.S. Supreme Court is likely to rule on ObamaCare at some point in the future, the Associated Press reports:
Breyer told a congressional panel Thursday that the massive health care law, like most major federal legislation, is a good candidate for high court review."
Markets could be derailed again, warns Soros
Markets could be derailed again, warns Soros
“Unless we learn the lessons, that markets are inherently unstable and that stability needs to the objective of public policy, we are facing a yet larger bubble."
Even Soros is on board!
Be afraid...very afraid......
“Unless we learn the lessons, that markets are inherently unstable and that stability needs to the objective of public policy, we are facing a yet larger bubble."
Even Soros is on board!
Be afraid...very afraid......
NYC to stop paying teachers to do nothing
NYC to stop paying teachers to do nothing
"Officially known as teacher-reassignment centers, the so-called rubber rooms are off-campus spaces where hundreds of teachers are paid their full salaries to do nothing while they await disciplinary hearings."
"Officially known as teacher-reassignment centers, the so-called rubber rooms are off-campus spaces where hundreds of teachers are paid their full salaries to do nothing while they await disciplinary hearings."
N.C. Says Tea Party Flags Are Weapons?
N.C. Says Tea Party Flags Are Weapons?
"The ban on flagpoles and signs with posts that could be turned into weapons was added in September to the permit from the N.C. Department of Administration that groups need to hold demonstrations or events on state-operated grounds."
"The ban on flagpoles and signs with posts that could be turned into weapons was added in September to the permit from the N.C. Department of Administration that groups need to hold demonstrations or events on state-operated grounds."
The Teacher Pension Nightmare
The Teacher Pension Nightmare
"Pension and retirement plans all over America have lost value.
Plans covering public school teachers, by their own admission, are underfunded by $332 billion.
However, the plans' real funding gap is far worse than their financial statements show, at nearly a trillion dollars--and you and I will bear the burden of covering their shortfall."
"Pension and retirement plans all over America have lost value.
Plans covering public school teachers, by their own admission, are underfunded by $332 billion.
However, the plans' real funding gap is far worse than their financial statements show, at nearly a trillion dollars--and you and I will bear the burden of covering their shortfall."
Wednesday, April 14, 2010
UNDERFUNDED TEACHER PENSION PLANS: It’s Worse Than You Think
UNDERFUNDED TEACHER PENSION PLANS: It’s Worse Than You Think
"The general picture is not a good one. According to the fifty-nine funds’ own financial statements:
Total unfunded liabilities to teachers—i.e., the gap between existing plan assets and the present value of benefits accrued by plan participants—are $332 billion.
According to our more conservative calculations:
These plans’ unfunded liabilities total about $933 billion.
In addition, we have found that:
Only $116 billion, or less than one quarter, of this $600 billion discrepancy is attributable to the stock market drop precipitated by the 2007 financial crisis.
The Dow Jones Industrial Average would have to nearly double overnight to make up for the present underfunding of these plans."
"The general picture is not a good one. According to the fifty-nine funds’ own financial statements:
Total unfunded liabilities to teachers—i.e., the gap between existing plan assets and the present value of benefits accrued by plan participants—are $332 billion.
According to our more conservative calculations:
These plans’ unfunded liabilities total about $933 billion.
In addition, we have found that:
Only $116 billion, or less than one quarter, of this $600 billion discrepancy is attributable to the stock market drop precipitated by the 2007 financial crisis.
The Dow Jones Industrial Average would have to nearly double overnight to make up for the present underfunding of these plans."
Obama's disregard for media reaches new heights at nuclear summit
Obama's disregard for media reaches new heights at nuclear summit
"In the middle of it all was Obama -- occupant of an office once informally known as 'leader of the free world' -- putting on a clinic for some of the world's greatest dictators in how to circumvent a free press."
WaPos leftist Dana Milbank?!!!
"In the middle of it all was Obama -- occupant of an office once informally known as 'leader of the free world' -- putting on a clinic for some of the world's greatest dictators in how to circumvent a free press."
WaPos leftist Dana Milbank?!!!
Nation's soaring deficit calls for painful choices
Nation's soaring deficit calls for painful choices
"Under Obama's budget plan, the USA's debt in 2020 would be nearly the size of the entire economy then.
Interest costs would be $900 billion, five times today's level."
"Under Obama's budget plan, the USA's debt in 2020 would be nearly the size of the entire economy then.
Interest costs would be $900 billion, five times today's level."
Local 'Tea Party' group plans rally at Heritage Landing on income tax day
Local 'Tea Party' group plans rally at Heritage Landing on income tax day
"The Muskegon Patriots, a local group that is part of the national “Tea Party” movement, is holding a rally at Heritage Landing on Thursday."
"The Muskegon Patriots, a local group that is part of the national “Tea Party” movement, is holding a rally at Heritage Landing on Thursday."
The Ninth Justice -- How Republican Justices Evolve Leftward
The Ninth Justice -- How Republican Justices Evolve Leftward
"their more liberal Republican-appointed colleagues have been moved neither by wisdom, nor by legal principle, nor by general public opinion, but by the leftward march of the intellectual elite, especially in the media and academia.......
.....The justices' reputations are determined in large part by mostly liberal news reporters, commentators and law professors and by liberal feminist, civil rights and professional interest groups such as the American Bar Association.
Newly appointed justices who vote conservative are often portrayed as uncompassionate right-wing ideologues. Those who move leftward win praise for enlightenment. ('I ain't evolving,' the aggressively conservative Thomas has reportedly told clerks.)
And the bright young law clerks -- the justices' closest professional collaborators -- tend to come from elite law schools where conservative professors are rare birds and general public opinion is widely seen as benighted."
"their more liberal Republican-appointed colleagues have been moved neither by wisdom, nor by legal principle, nor by general public opinion, but by the leftward march of the intellectual elite, especially in the media and academia.......
.....The justices' reputations are determined in large part by mostly liberal news reporters, commentators and law professors and by liberal feminist, civil rights and professional interest groups such as the American Bar Association.
Newly appointed justices who vote conservative are often portrayed as uncompassionate right-wing ideologues. Those who move leftward win praise for enlightenment. ('I ain't evolving,' the aggressively conservative Thomas has reportedly told clerks.)
And the bright young law clerks -- the justices' closest professional collaborators -- tend to come from elite law schools where conservative professors are rare birds and general public opinion is widely seen as benighted."
Tuesday, April 13, 2010
Incentives Not to Work
Incentives Not to Work - WSJ.com
"'The second way government assistance programs contribute to long-term unemployment is by providing an incentive, and the means, not to work.
Each unemployed person has a 'reservation wage'—the minimum wage he or she insists on getting before accepting a job.
Unemployment insurance and other social assistance programs increase [the] reservation wage, causing an unemployed person to remain unemployed longer.'"
"'The second way government assistance programs contribute to long-term unemployment is by providing an incentive, and the means, not to work.
Each unemployed person has a 'reservation wage'—the minimum wage he or she insists on getting before accepting a job.
Unemployment insurance and other social assistance programs increase [the] reservation wage, causing an unemployed person to remain unemployed longer.'"
Englers buy Mich. home, fueling talk of political run
Englers buy Mich. home, fueling talk of political run
"Former Michigan Gov. John Engler and his wife, Michelle, have bought a lakefront home in Shiawassee County, fueling speculation about a return to politics."
Please God nooooooooo....
"Former Michigan Gov. John Engler and his wife, Michelle, have bought a lakefront home in Shiawassee County, fueling speculation about a return to politics."
Please God nooooooooo....
States Skimp on Pension Payments
States Skimp on Pension Payments
"State governments from New Jersey to California that are struggling to close budget deficits are skipping or deferring payments to already underfunded public-employee pension plans.
The moves could help ease today's budget pressures, but will make tomorrow's worse.
New Jersey's governor, a fiscal conservative, has proposed not making the state's entire $3 billion contribution to its pension funds because of the state's $11 billion budget deficit."
"State governments from New Jersey to California that are struggling to close budget deficits are skipping or deferring payments to already underfunded public-employee pension plans.
The moves could help ease today's budget pressures, but will make tomorrow's worse.
New Jersey's governor, a fiscal conservative, has proposed not making the state's entire $3 billion contribution to its pension funds because of the state's $11 billion budget deficit."
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