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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (50567)5/28/2009 11:24:59 AM
From: gg cox  Read Replies (1) | Respond to of 218403
 
Smooooooothing

Abracadabra presto and pish posh

Funding shortfall of only ...lets call it ..pick a number ..2.5 billion for 2009 for Ontario Teachers Pension Plan...sounds about right.

<<"""".....If we had recognized all of our 2008 losses immediately, our projected funding shortfall would be about $22 billion as of Jan. 1, 2009......>>""""

otpp.com

Calpers needs to take a lesson from Ontario Teachers and Smooooth pension deficits out over say 20, 30, 50 years......then pish posh no problem ,then taxpayers don't have to face the music.lol ...Smooooothing should become a law for all, never a need to fess up for financial stupidity or it's not my fault, it's a only a temporary down turn!

There are gathering storms and threatening clouds all over the US of A. and Canada... the taxpayer is unable to pick up all the slack.

venturacountystar.com

politicker.com

wallstreetblips.dailyradar.com