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Judge Dumps Criminal Pension Charges
For the record, I never said "something positive happened with the pension litigation", all I said was the "Honest Services" law was not very well written and needed to be at the very least tweaked. The pension scam is still what it is , a scam. Stanford University came out with a good study a few days ago, which confirmed a joint Northwestern and University of Chicago study published earlier, which said Calpers is under funded by half a trillion dollars, $36K for every family in CA. The study shoots down the ROI of 7.75% Calpers uses (already lowered from 8%, and something I have said repeatedly is way too high). Currently the costs to fund a 3%@50 pension using 7.75% ROI is 45%-48% of salary. I would suspect using an ROI of 4-5%, which is what the study says is the most likely ROI, the is costs to fund a 3%@50 pension would double to 90-100% of salary-and that is just pension cost, not healthcare or anything else. http://californiawatch.org/watchblog/states-pensi…— April 9, 2010 7:50 a.m.
Judge Dumps Criminal Pension Charges
JW comes out of the wood work for yet another one of his stupid comment I liked it better when you just keept quite— April 8, 2010 8:47 p.m.
Judge Dumps Criminal Pension Charges
When a judge says a law is "vague" that translates to corruptjudgespeak: "Show Me The Money" which means that Benitez is ready, willing and able to sell the Rule of Law to the highest bidder who pays him off. ======= No it doesn't. This pension scam has everyone pissed off, no two ways around it. I would love to see these clowns go to prison-as would most. But the judge ruled correctly on this one. The judge in this case was right. I expect the SCOTUS to put some srious curbs on the "Honest Services" law when the three pending cases before it are decided. In fact it is possible the entire law will be struck down.— April 8, 2010 3:31 p.m.
Did Sanders Order Detective Reprimanded?
Bill Clinton had his deposition videotaped in the Paula ?? sex case....They still make the transcripts, the video tape just supplements the transcripts.— April 8, 2010 1:13 a.m.
Judge Dumps Criminal Pension Charges
As much as I want to see these dirtbags put in the Big House for 30 years-the judge was right. Vague, ambibuous and overly broard laws threaten all of us.— April 8, 2010 1:10 a.m.
Why Mayor Sanders invested in Maxxum Equity Fund
I still don't understand why this Jeffry Wetzel in not in jail ========== i wonder the same thing. Hopefully the authorities are working on something, but for this clown to rip off the elderly for as long as he has is disgusting, it is the bottom of the barrel. He not only needs to be stopped, but IMO incarcerated ofr a few decades.— April 7, 2010 8:48 p.m.
Jerry’s money
Deborah Garvin denied the charge and said Wetzel had “fully explained the type of investment which was being made and the risks involved, including providing plaintiff a Subscription Booklet for Maxxum Equity Fund, LLC, which explained the investment and risk involved and which plaintiff signed.” =================== Fraudulent acts/crimes cannot be discharged in/by a BK court. Wetzel will have to provide an accounting of the money-including why KFC Sanders did not lose his shirt like everyone else appears to have. In addition, if everyone else lost money, but KFC Sanders received his portion back-then KFC Sanders is at risk for a claim on the money he got back-money which could be used to satisfy restitution to all the investors-not just KFC Sanders. Look for Meredith’s attorney to file a cross claim against KFC Sanders, or a motion to have KFC Sanders named as a (cross) defendant. That is what I would do anyway.— April 7, 2010 8:29 p.m.
Did Sanders Order Detective Reprimanded?
Yes, but reporters get transcripts of depositions after they are held. ============== Not to mention videotapes if they video it. A videotaped deposition can run you $2K-$5K per day though-so usually lawyers will not do videotape unless it is a big case. I was videotaped in a deposition a few years ago and it is rather unsettling to say the least.— April 7, 2010 6:49 p.m.
Bearded Man Denied Entry into U.S.
I agree with your assessment. Mexico is run by an oligarchy and many businesses are not much more than cartels. That is part of the reason that many services and products are more expensive there than here and you see so many Baja license plates at the Costco in Chula Vista. Even by Latin American standards, Mexico has an incredible concentration of wealth =========================== 50 familes in Mexico control 90% of the countries wealth-that exceeds the concentration of the top 300K people who control 50% of this countries wealth.— April 7, 2010 4:06 p.m.
County's Job Loss One of Worst in U.S.
An acquaintance of my parents was a board member of GM up until 4 or 5 years ago. He would have to attend quarterly board meetings and would always complain about having to go to Detroit. He would fly in early in the morning and fly back to the west coast on a red eye, because he refused to spend the night in Detroit. ====================== Detroit is an absolute mess. People who have the money live up the river from Detroit in the Grosse Poimte areas......and those areas are very nice-but they are well outside the Detroit slum areas-which is the entire downtown. BTW-just read today that Detroit has a $450 million budget deficit on a $1.6 billion budget!— April 7, 2010 4:03 p.m.