pgh_actuary1

pgh_actuary1

44p

23 comments posted · 0 followers · following 0

15 years ago @ Big Government - Revisiting Clarence Th... · 2 replies · +3 points

I heard the tape. Ginnie Thomas couldn't have been more polite or matter-of-fact in asking if Ms. Hill thought it was about time after this long to apologize. (Let's not forget Ms. Hill followed Clarence Thomas to be on his staff again AFTER she was supposedly sexually harassed and one of her absurd excuses was that she was fearful she wouldn't be able to find another job - yeah, nobody wants to hire an intelligent black female Yale Law School grad.) Anyway, Anita Hill's response to the voice mail? She turned it over to campus police, who in turn sent it to the FBI. Class act all the way.

15 years ago @ Big Government - Washington Post... · 1 reply · +8 points

Andrew Breitbart is being generous, because the story is closing in on 2 yrs old and the Post finally caught up, but he believes in giving credit where credit is due. I have a Facebook "friend" from high school who's a columnist for the Wash. Post, and when I correct the inaccuracies or omissions in the occasional story she posts a link to from the Post, she and her liberal friends get apoplectic, attacking me personally. When she posted a link to a story about how clueless Christine O'Donnell was about the Constitution, not knowing ("giggle, giggle") that separation of Church & State was in there, I explained that it wasn't and detailed the actual history of that phrase. All these Post reporters & friends went nuts, calling me all kinds ot names and saying I was a radical right wing tea-party "strict constructionist" who didn't understand that the constitution is a living, breathing document, and guys like me are dangerous to democracy b/c we have our heads stuck in the 18th century, wanting to bring back the days of slavery and women not being allowed to vote.

15 years ago @ Big Government - Public Sector Pension ... · 0 replies · +1 points

I'm a pension actuary and earlier this yr received a glossy full-color brochure and a few phone calls to entice me to fly out to Anaheim, all expenses paid, to interview for the chief actuary position at CALPERS, probably b/c of a project I did for another state. No freaking way was that gonna happen. They have a well-regarded in-house actuarial team and well-respected in-house investment analysts, plus the best outside investment advisers. The investment & actuarial teams get together, make recommendations to the pension board, then whatever they decide on is brought to the legislators, who say "No - too expensive." (Effectively, "We're going to leave the pension underfunding problems to somebody else down the road.")

15 years ago @ Big Government - Federal Employees Unio... · 0 replies · +2 points

I agree with the original post (for some reason I can't view the others). Yrs ago, people took govt jobs b/c they had lower pay, but bigger benefits. Unionization changed that. They now have significantly larger pay AND better benefits and cry like babies when they're asked to move towards pay & benefits like their neighbors have. I'm a pension actuary, and in the last few years have occasionally peer-reviewed work for some large public pension plans. Easily worth 3-5 times more than the most generous pension plans in the country (many of which are now frozen). And under most state laws they're allowed to underfund them - LEGALLY they're funded, but actuarially, a time bomb that's already started to go off. I saw one plan that allowed workers to retire with 100% of their pay (with cost-of-living) at age 45 with 25 years of service - thought it was a mistake in the report - nope.

15 years ago @ Breitbart.tv - Obama's Recess-Appoint... · 0 replies · +2 points

I provided a tip to Byron York of the Washington Examiner, and he amazingly posted a story online within a few hours (he did a great job - Google it). The non-profit Berwick founded provides lifetime free health care for him and his wife, and for NO ONE ELSE who works there. Easy to verify. Go to IHI.org, click on the "About Us" tab, scroll to the bottom, click on the "financial report" link, go to the second-last page, footnote 8(c). Hypocrisy at its finest. I'm an actuary and can say, don't be fooled by the "present value" numbers. They're based on the law in effect at the time. It'll be worth a WHOLE lot more under Obamacare. Let them eat cake.

15 years ago @ Big Hollywood - Obama's Palace Guards:... · 0 replies · +3 points

Bill Maher, who calls himself a libertarian spoke like one when Clinton was president (and Arianna Huffington was the "conservative" voice on his "Politically Incorrect"). When Jon Stewart took over "The Daily Show" I thought he was the funniest guy on TV. Then when Bush came into office, all 3 turned so far left so fast out of hatred for him, it was amazing. Maher & Huffington always took themselves seriously, but Stewart suddenly turned into someone who thinks he's a legitimate political commentator. And way too many HS and college-age kids look to him for their news & views.

15 years ago @ Big Government - Symbolic Ground Zero · 0 replies · +2 points

A repost: The navel-gazers need to get over the focus on "we MUST have done something to provoke this". Buy a Koran or go online - look up 2:191, 4:5, 5:34, 5:51, 8:12, 8:37, 9:5, 9:29, 9:123, 22:19-22, 47:4, 69:30-37. Yes, many Muslims look past these passages b/c most were written at a time when Muhammed was often under siege from the Quraish (who weren't Christians or Jews btw), but this is what some still teach today. It's not political. The word "Islam" means submit, and the Koran makes that pretty darn clear - definitely not peaceful in its origins.

15 years ago @ Big Government - Symbolic Ground Zero · 1 reply · +4 points

JohnK has it right. The navel-gazers need to get over the focus on "we must have done something to provoke this". Buy a Koran, look up 2:191, 4:5, 5:34, 5:51, 8:12, 8:37, 9:5, 9:29, 9:123, 22:19-22, 47:4, 69:30-37. Yes, many Muslims look past these passages b/c most were written at a time when Muhammed was often under siege from the Quraish (who weren't Christians or Jews), but this is what some still teach today. It's not political - it's what they believe.

15 years ago @ Big Government - Symbolic Ground Zero · 2 replies · +2 points

I'd never heard that. If that's true - AWESOME.

15 years ago @ Big Government - Symbolic Ground Zero · 0 replies · +4 points

I worked for Marsh & McLennan. Flight 11 that hit the North Tower took out floors 93-99; Marsh occupied 93-100. Not a single one of the 295 Marsh employees at work that day, or the 60 outside contractors on-site, survived. I attended 3 memorials. Gut-wrenching. The Cumbaya approach does not work with radical Muslims - let's not forget the cheering in the streets in Muslim nations on 9/11. The word "Islam" means submit - the ultimate goal, achieved by any means. Libs refuse to believe that even though it's true. Some don't like her b/c she's harsh in her choice of words, but Google Brigitte Gabriel, & if you can, buy a few copies of her books and loan them to ignorant liberal friends, and DARE them to read the truth.