William Lawrence Sr Omnibit 8-12-15

William Lawrence Sr Omnibit 8-12-15 The first book ever sold on Amazon was Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought by Douglas R. Hofstadter. The purchase date was April 3, 1995. The customer was John Wainwright. He still has the book and the packing slip. He says he was an employee at Kaleida Labs and ordered it from work over a T-1 connection.

The first book ever sold on Amazon was Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought by Douglas R. Hofstadter. The purchase date was April 3, 1995. The customer was John Wainwright. He still has the book and the packing slip. He says he was an employee at Kaleida Labs and ordered it from work over a T-1 connection.

Panepinto Makes Ballot

Panepinto Makes BallotJudge Paul Panepinto, who sits on the Court of Common Pleas in Philadelphia,  has acquired enough signatures to run as a independent for the Pennsylvania Supreme Court this Nov. 3. The 29,000 names are more than twice the number necessary to get on the ballot.

There are three open seats. On the Republican ballot are Judith Olson, Michael George and Anne Covey. On the Democrat side are David Wecht, Christine Donohue and Kevin Dougherty.

This is the first time in 20 years there will be an independent on the ballot notes PoliticsPa.com.

“I have followed the rule of law and believe that our Constitution must be followed and respected for what it says,” Panepinto says. “Dedication to maintaining the integrity of our judicial system compels me to run for Supreme Court.”

Panepinto Makes Ballot

Easy Beef Chili From Chef Bill Sr

Easy Beef Chili From Chef BillIf you need a fast, easy and definitely non-vegetarian chili Chef Bill Sr suggests this:

1 lb chopped or ground lean beef
2 tbl salad oil
1 cup chopped onion
1 cup chopped celery
1/4 cup chopped green pepper
1 cup raw rice
2 chopped fresh tomatoes (1 can of stewed tomatoes works as well)
1 cup pitted whole black olives (don’t chop)
1 tsp salt
1/4 tsp pepper
1 tsp chili powder
1/4 tsp Worcestershire sauce
1 cup of water

Brown the beef in heavy skillet then remove it to drain. Heat oil in same skillet then add the onions, celery, pepper and rice. Stir until slightly brown then add tomotoes, olives, salt, pepper, chili powder and 1 cup of water. Add Worcestershire sauce. Put in Dutch oven and cook at medium heat for 30 minutes–lower heat to simmer and cook until ready to serve.

Easy Beef Chili From Chef Bill

Bad Pension Legislation Lives

By Leo KnepperBad Pension Legislation Lives

Bad legislation never dies in Harrisburg, and it doesn’t even slowly fade away.

So the Tobash plan for changing the design of pensions for certain classes of new employees is getting another push. The Tobash plan, HB 1499, is sponsored by Rep. Mike Tobash (R-Schuylkill), but it was originally the idea of folks at the Public Employees Retirement Commission (PERC). It is their duty with respect to the state pensions systems “to assure their actuarial viability through a review of any proposed legislative changes in those plans.”

When reviewing HB 900 this past June, which really does “stop the bleeding” and would eliminate the unfunded liabilities of SERS and PSERS over 20 years, PERC decided that it was more important for legislators to consider other budget priorities. In other words, the institution, whose sole purpose is to assure the soundness of public employee pensions, instructed legislators in PERC’s review of HB 900 to continue their dreadful and harmful 12 year policy of diverting funds from pensions to other purposes.

Perhaps it’s just a coincidence that four of the nine members of PERC’s board are legislators, and one of them is Rep. Tobash. The other five members are gubernatorial appointees. What incentive do they have to assure that pensions will be adequately funded when the last three governors, including the current one, wanted no such thing?

The Tobash plan was introduced last year as an amendment to HB 1353. At that time, it set up a “stacked” retirement benefit system. The first $50,000 in state employee pay is eligible for a traditional pension; beyond that there is a 401(k) style plan. It is worth noting that the average state employee salary was $52,655 for 2014. In other words, the Tobash plan as introduced last year would have had impacted very few future employees. According to actuarial analysis done last year, 98.8% of the “savings” projected under the Tobash plan is 15 years or farther into the future, which is a pretty big problem since SERS and PSERS are on course to be bankrupt in 15 years.

While some of these same criticisms certainly apply to SB1, the Senate’s pension reform plan, Tobash’s plan goes completely in the wrong direction. Rather than addressing the unfunded liabilities and pension costs of current employees, the Tobash plan would merely provide lawmakers the ability to say they passed pension reform without actually addressing anything.

Politicians are very sensitive to current and near-term costs because the next election is less than 2 to 4 years away. But the massive harm heading toward the commonwealth in less than a generation-well, that’s someone else’s problem apparently.

And so, another Rube Goldberg device will be trotted out, debated, lobbied, perhaps even voted on (and if passed, vetoed) and all the while the unfunded liability which impends doom for the future of the commonwealth remains unaddressed. It’s simply the politicians’ usual play: bait and switch-promise changes later and call that savings. Then use the phony savings to justify continuing to underfund the pensions and divert monies to other places in the budget.

The priority is always less pension funding today, and when tomorrow comes, the priority will be less funding then too. It might get politicians re-elected, but it’s not exactly anyone’s definition of statesmanship.

Mr. Knepper is with Citizens Alliance of Pennsylvania.

Bad Pension Legislation Lives