Saturday, February 16, 2013

DailyMarkets.com - Weekend Read: The Pension Fund That Ate California

DailyMarkets.com - Weekend Read: The Pension Fund That Ate California


Weekend Read: The Pension Fund That Ate California

Posted: 16 Feb 2013 06:38 AM PST

If anybody still has any confidence in the manner in which our nation's largest state has been run, this is a MUST READ. Steven Malanga of City Journal writes of how California has methodically gone about screwing its future generations.

CalPERS's corruption, insider dealing, and politicized investments have overwhelmed taxpayers with debt.

After spending years dogged by unpaid debts, California labor leader Charles Valdes filed for bankruptcy in the 1990s—twice. At the same time, he … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Monetary Policy Week In Review – Feb. 16, 2013: Rates Steady In 11 Of 12 Banks As Growth Prospects Improve

Posted: 16 Feb 2013 03:42 AM PST

    Last week 12 central banks took monetary policy decisions with just one bank (Georgia) cutting rates while the other 11 central banks kept rates unchanged (Mozambique, Indonesia, Russia, Ghana, Armenia, Sweden, Botswana, Japan, Korea, Sri Lanka and Chile), reinforcing this year's trend toward stable policy rates after last year's hectic pace of monetary easing.
    Through the first seven weeks of this year, 77 percent of 65 policy decisions taken by the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Intel To Offer Set-Top Box, Vertu Ti Flashes Hefty Price Tag

Posted: 15 Feb 2013 08:28 AM PST

02/16/13 Intel is developing a TV set-top box and plans to offer Internet video service. Vertu launched its Android smartphone device, complete with an eye-popping price … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

No comments:

Post a Comment