The King of Hearts is the only king without a mustache. At least in a deck of cards.
What hasn’t been reported much, however, is some of Hillary Clinton’s jokes such as: If Donald does win, it will be awkward at the annual presidents’ day photo when all the former presidents gather at the White House, and not just with Bill. How is Barack going to get past the Muslim ban?
So, um, what’s up with that Mrs. Clinton.? Are you saying our President is a Muslim after all? Sure would explain a lot regarding what has happened in Iran, Iraq, Egypt and Libya under his watch. And isn’t making light of your husband’s impeachment, perjury, sexual harassment, indecent exposure and rape kind of bad taste anyway?
Mrs. Clinton also said continue her bizarre theme that Trump was somehow in the pockets of the Russians saying: You notice there is no teleprompters here tonight, which is probably smart, because it may be you saw Donald … dismantle his own. Maybe it is harder when you are translating from the original Russian.
And that gets us to how the Wikileaks revelation are confirming old news about the, literally treasonous, corruption of the Clintons. Mrs. Clinton approved the transfer of half of U.S. Uranium output to the Kremlin in 2010.
People connected to the sale made $145 million in donations to the Clinton Foundation, as reported by the New York Times.
Further, Ian Telfer, the head of the Russian government’s uranium company, made a secret $2.35 million foreign donation to the Clinton Foundation, as the Times investigation confirmed.
Further, Bill Clinton received a $500,000 speaking fee for a speech in Moscow paid for by a Russian government-connected bank.
Only two type of people are not voting Trump to keep the Clinton Crime Couple out of the White House: Really, really smart wolves and really, really stupid sheep.
Muslim Ban Includes Obama?
William Lawrence Sr Cryptowit 10-22-16
Sd wki lo rkbn pyb kx oqq dy debx sxdy k lsbn: sd gyevn lo k tyvvi csqrd rkbnob pyb sd dy vokbx dy pvi grsvo bowksxsxq kx oqq. Go kbo vsuo oqqc kd zbocoxd. Kxn iye mkxxyd qy yx sxnopsxsdovi losxq tecd kx ybnsxkbi, nomoxd oqq. Go wecd lo rkdmron yb qy lkn.
M. C. Vogsc
Yes Robert James, it is estimated that there are 10^123 unique chess games. There are only 10^79 atoms in the universe.
William Lawrence Sr Omnibit 10-21-16
Frankenpension Means Failure
By Leo Knepper
A House and Senate conference committee in the Pennsylvania Legislature is taking another shot at pension reform. In keeping with the Halloween spirit, they have resurrected their hybrid pension proposal one more time in an attempt to achieve “pension reform” by decree.
Unfortunately, this over-engineered proposal with many exempted employee groups will likely offer insignificant savings when measured in today’s dollars and by itself will do nothing to address the ever-increasing unfunded liability. The “everything will be fine” 30-year scenario touted by some, should be tempered by others who reference the risk of plan insolvency occurring over the next 15 to 20 years.
In fact, CAP continues to seek a single example in the US private-sector where such a similar plan design arrangement exists.
As we’ve noted on multiple occasions, the hybrid plan does not offer any meaningful protection for taxpayers particularly since the defined-benefit plan can always be retroactively increased. The House has been trying to sell this bad plan design since 2014. Every iteration since that time has gotten progressively worse. The “new and improved” stacked hybrid plan is no exception.
In an attempt to placate conservatives, the conference committee proposal will likely include a defined contribution option for new employees. On the surface, the inclusion of a defined contribution plan would seem to be a positive development. However, it does create a problem. As Rep. John McGinnis noted to Capitolwire (paywall):
“With multiple plans, one will do better than the others and in the future the members in the plans that are not performing as well will pressure elected officials for redress and will likely get it.”
As noted, this proposal does not address the $60+ billion in unfunded pension liabilities that currently saddle taxpayers. Furthermore, it is unlikely that the “reforms” in the pension proposal will include changes to how funds are managed and the annual expected rate of return assumption. Pennsylvania’s pension plans assume a 7.5 percent annual rate of return (PSERS adjusted their expectations to 7.25 percent starting in July). In an attempt to meet this optimistic goal, the pension plans use active fund managers instead of investing in index funds or other passive management strategies. Using active fund managers costs taxpayers $750 million per year. Last year that cost resulted in a 0.4 percent return for PSERS and a 1.29 percent return for SERS.
Underwhelming returns on investments and chronic underfunding of the pension plans and benefit improvements by politicians have created a mess for taxpayers in the form of massive unfunded liabilities. The pension reform proposals being bandied about do nothing to address those problems, nor do they adequately protect taxpayers. Instead, the conference committee’s Rube Goldberg reform proposal gives politicians the ability to tell voters that they “did something.” Pennsylvania’s current and future taxpayers who will be tasked with bailing out the system deserve real reform; not smoke and mirrors.
For those policymakers seeking a straightforward comprehensive solution to our ongoing pension woes, you should go no further than to read our recent blog post which highlights a recent op-ed authored by actuary Richard C. Dreyfuss.
Frankenpension Means Failure
William Lawrence Sr Cryptowit 10-21-16
Axknac Sjvnb cdawnm 55. Qjyyh Kracqmjh.
Answer to yesterday’s William Lawrence Sr Cryptowit quote puzzle: That rifle on the wall of the labourer’s cottage or working class flat is the symbol of democracy. It is our job to see that it stays there.
Pat Meehan Sanctimonious Phony — Pat Meehan has pompously proclaimed that he will not vote for Republican presidential nominee Donald Trump because Trump was caught talking dirty 10 years ago.
Gee Pat, that’s a new standard considering some of the candidates from Delaware County that you have supported.
Guess letting a person take office that is OK with ripping apart a nine-month-old baby is now less offensive to your sense of aesthetics.
It seems those circulating fliers last spring saying your pro life position was insincere had a point. You’ve certainly made us not regret our vote for Stan Casacio in the primary.
Still we do plan on voting for you Nov. 8 but it’s not because we like you. We just want the amusement of seeing you squirm in dealing with The Donald as president.
Meehan says he plans to write in Mike Pence. Frankly, we think he never intended to vote for Trump. Trump’s goal is to clean Capitol corruption. Starting with the V.A. That really frightens some people.
Pat Meehan Sanctimonious Phony
Wikileaks Project Veritas New Journalism — Journalism is giving you facts that you don’t know but should.
The traditional media has long lost its independence and has long-stopped practicing journalism. If there is a fact that you should know but the corporate overlords prefer that you don’t, then you will not learn of it from TV or a daily newspaper.
The internet is about the last place left for the trade to be practiced.
Wikileaks revelations that the Clinton campaign is in the pocket of the money people and is collaborating with tame media has rocked the campaign. Hillary’s damning emails are on the Wikileaks’ website here for the world to see. No gatekeeper is needed.
Project Veritas’ investigation into election manipulation by felons with strong connections to Barack Obama and Hillary Clinton has forced the removal of two shady characters — Scott Foval and Robert Creamer — from the Clinton campaign.
You would never have learned of these very relevant-to-your-lives matters from the old media.
Wikileaks Project Veritas New Journalism
William Lawrence Sr Cryptowit 10-20-16
Cqjc aroun xw cqn fjuu xo cqn ujkxdana’b lxccjpn xa fxatrwp lujbb oujc rb cqn bhvkxu xo mnvxlajlh. Rc rb xda sxk cx bnn cqjc rc bcjhb cqnan.
Answer to yesterday’s William Lawrence Sr Cryptowit quote puzzle: As is so often true, the nature of our civilization has been seen more clearly by its enemies than by most of its friends.
Friedrich von Hayek