The controversial retirement program that pays Los Angeles police and firefighters their salaries and pensions simultaneously at the end of their careers has not been “cost-neutral” — as was promised to voters when they approved it in 2001.
That’s the conclusion of a study called for by Mayor Eric Garcetti and City Council members earlier this year after a Times investigation found that more than 1,200 participants who entered the Deferred Retirement Option Plan had then taken injury leaves at essentially twice their usual pay.
LATimes
The city of Los Angeles is bankrupt -- here's the reason:
their pension plan for officers is monetary treason.
With paydays that you cannot get outside of Vegas, chum,
it's certain a retired cop cannot become a bum.
In fact, they've gamed the system so when they're put out to graze
they can afford to sleep on beds of truffles Lyonnaise.
*********************************
Stocks around the world tumbled on Wednesday, a day after Mr. Trump posted a series of messages on Twitter warning that a fragile cease-fire in the trade war between the United States and China could be derailed. The declines in Asia and Europe came after stocks on Wall Street fell more than 3 percent on Tuesday. NYT
A trader on Wall Street bemoaned
the fact that he was getting boned
by tweets from the Chief
without much relief --
his yacht purchase must be postponed.
*************************************
According to the gospel of the Sons of Confederate Veterans, President Abraham Lincoln ordered an invasion of the breakaway states not as a crusade for natural rights but to keep the union intact and perpetuate the federal government’s economic bullying of the South. As for human bondage, the practice had been dying organically worldwide, and, in due course, it would have ended in Dixie without bloodshed — incrementally, in a reasonable manner . . . . . Washington Post
Dixie is a state of mind
that to history is blind.
Slavery a mere footnote;
state's rights was the true scapegoat.
When you hear a rebel yell,
duck your head and run like hell --
for the Dixie-crats are out,
marching proud (though most have gout.)
*****************************
to grow food on less and less land
there's one thing we must understand:
to tinker with genes
until our green beans
are grown and picked already canned.
If the world hopes to make meaningful progress on climate change, it won’t be enough for cars and factories to get cleaner. Our cows and wheat fields will have to become radically more efficient, too.
Brad Plumer in the NYT
to grow food on less and less land
there's one thing we must understand:
to tinker with genes
until our green beans
are grown and picked already canned.