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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But Iran better be careful. More ICBM tests and they are liable to get a "Gulf of Tonken" shoved down their throats !
But I don't think Trumpf, Mattis or others in command look at it this way. I think they wait like Roosevelt did in 1937-1941 for something to change the US electorates mind.
Meanwhile on Bloomberg Surveillance today, the former Finnish prime minister suggested that the UK-less EU was prepared to take over the US world leadership role as the US backed out. I couldn't stop laughing.
February 6, 2017 at 11:32 PM
In fact Angela Merkel is now the leader of the Free work since the United states
elected trump. Obama handed the power over to her.
The liberals are sure saying that, it's funny as hell.
February 7, 2017 at 7:08 AM
Why are you saying that? In fact Merkel is the ruler of the free world. Trump has no credibility on the world stage, none, hell half the of the US wants Merkel to control the world. Do you think people in Sweden care what Trumps thinks, hell no, do you think people in Malta care what Trumps things, hell no. Thank God Obama gave her the world power before the election.
February 7, 2017 at 9:25 PM
He didn't have it to give. Refusal to exercise power is the same as not having it.
If things continue to go the way they're headed, she isn't going to be the leader of Germany, let alone the leader of the free world.
So what in the world were you thinking, Snowflake?
Please stop using "snowflake" unless you use it correctly. It is not a general purpose pejorative (sorry to use such large words for you) but applies to particular adherents of PC culture at US universities. Get it right, or don't use it.
Plus, Merkel is not going to lose. She will realize her mistakes and learn from them, in order to change her political tactics. Trump is incapable of that level of thinking.