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The 10 Most Recent Messages By notehound

Take me back to where I was.
  • Date: 5/31/16 8:09 AM
  • Number: 497441
  • Recommendations: 0
The bill allows Chicago to budget 90% funding levels for both the police and fire pensions in 2055, instead of 2040. It also delays when Chicago has to ramp up their contributions until 2021.

One might expect one or more of the
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  • Date: 5/31/16 8:04 AM
  • Number: 497440
  • Recommendations: 1
Government and politicians, like everyone else, can't have their cake and eat it too.

Agreed. However, if the DC politicians and bureaucrats think they can have their cake and eat it too, it is because the Fed (since Greenspan)
(Continued...)
  • Date: 5/31/16 7:46 AM
  • Number: 497439
  • Recommendations: 0
Mutt -- If you haven't read Paul Fussell's The Great War and Modern Memory then you have a wonderful read in front of you.

I'm ordering the illustrated version today.

Thanks.
  • Date: 5/30/16 7:20 PM
  • Number: 497414
  • Recommendations: 1
The German Uboats didn't sink a single warship during that battle of Jutland.

Thanks for the clarification.

Thanks also for the additional information about the Battle of Jutland.

WWI history has always
(Continued...)
  • Date: 5/30/16 2:23 PM
  • Number: 497391
  • Recommendations: 6
Today is the 100th Anniversary of the Battle of Jutland, possibly the largest naval battle ever fought - and the battle that proved warships were largely obsolete due to submarines.

(Continued...)
  • Date: 5/30/16 10:58 AM
  • Number: 497386
  • Recommendations: 27
Still relevant after 2,000 years...

The following linked article includes a brief bullet-point version of the famous Roman orator Cicero's reflections and advice on aging gracefully:

(Continued...)
  • Date: 5/28/16 8:08 PM
  • Number: 497329
  • Recommendations: 3
Nobody in their right mind would buy ANY Chicago municipal bond that is used to fund these operating deficits. There is NO interest rate high enough and any kind of “promise to pay” that should entice someone to buy the bonds.

As
(Continued...)
  • Date: 5/28/16 4:16 PM
  • Number: 497321
  • Recommendations: 13
The following excerpts explain how the Fed's balance sheet, remittances and capital gains/losses are all steering the Fed and the Treasury toward a painful reconciliation:

The Federal Reserve has a big problem if it wants to raise
(Continued...)
  • Date: 5/28/16 3:42 PM
  • Number: 2074264
  • Recommendations: 0
I just got an Email with the following link to required updated legal disclosures for iShares ETFs:

https://www.ishares.com/us/library/financial-legal-tax

DW and
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  • Date: 5/28/16 11:32 AM
  • Number: 497314
  • Recommendations: 0
In this story, you guys sound like the Baudelaire children experiencing "a series of unfortunate events."

I'm glad your story has a happy ending.

;-)
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Take me back to where I was.
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