I just received my annual TCP-1 letter from LLNS and a summary of the LLNS Pension Plan. Looked in pretty good shape in 2013. About 35% overfunded (funding target attainment percentage = 134.92%). This was a decrease from 2012 where it was 51% overfunded (funding target attainment percentage = 151.59%). They did note that the 2012 change in the law on how liabilities are calculated using interest rates improved the plan's position. Without the change the funding target attainment percentages would have been 118% (2012) and 105% (2013). 2013 assets = $2,057,866,902 2013 liabilities = $1,525,162,784 vs 2012 assets = $1,844,924,947 2012 liabilities = $1,217,043,150 It was also noted that a slightly different calculation method ("fair market value") designed to show a clearer picture of the plan' status as December 31, 2013 had; Assets = $2,403,098,433 Liabilities = $2,068,984,256 Funding ratio = 116.15% Its a closed plan with 3,781 participants. Of that number, 3,151 wer...
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I'm sure it wasn't to protect all the Congressional staffers who leak classified information for their bosses in order to manipulate Washington decision-making. Nooooo.
Just imagine, when they have to take ladder training, fill out time sheets, have to get four signatures to take their laptop home, need to get their supervisors signature to trade in the old company modem for a new one....
Yep, paradise is calling. Certainly a lot more attractive than sya work for Google, or any other tech companies, where they get treated as adults.
http://www.globalresearch.ca/rationalizing-lunacy-the-intellectual-as-servant-of-the-state-and-perpetual-war/5435459
I cannot think of anything cooler than living in the middle of nowhere and being looked down upon by sleazy for-profit construction worker managers. These same mangers who do not give a dam, about innovation, national security, or coolness. They do care about getting easy money and somebody to blame when it all goes wrong. Monploy privatization, cannot get cooler than that.
http://www.theverge.com/2015/4/24/8484179/defense-department-ashton-carter-silicon-valley-pentagon
America, F*** yeah!
April 28, 2015 at 8:01 PM
Nope. We got the government we voted for. No escaping our own culpability. Or stupidity.
April 28, 2015 at 8:27 PM
We have more important things to talk about like Bruce Jenner.
Look, the U.S. has gotten way off track led by an administration that goes for populist issues.
If people were to actually understand how the economy really works, then there would be a more conservative tilt to our domestic finances.
It's in the left's interest to have a large poor, uneducated voting block to which they can play hero Santa.
oh, and by the way... Riot Away in Baltimore.. or wherever!
April 29, 2015 at 7:11 AM
The result of a city run by Democrats since 1967. Black mayor, city council 50% black, police force 50% black. But don't worry, Sharpton is going to explain to us how to fix it.
Nope, we got the government that big money paid for.
Yes, we elected someone, but who organizes the roster? Big money. The Republican field in particular is so far beyond ludicrous that we've lost credibility with the rest of the world.
April 29, 2015 at 6:54 PM
So if everyone believed that, the democrats would win by a landslide in every election everywhere. Maybe your claim lacks some credibility with some people?
Wasn't he the guy with the young wife who was standing by creepy VP Joe Biden at Carter's swearing in ceremony in which Biden placed his arms all around her, basically feeling his wife up in front of the crowd?
Yeah, real cool Ash.