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pereubu77 commented on the blog post Obama the Risk-Averse
I don’t think he was taking that big a risk of financial risk or public humliation running for president. Even if he had lost he could have gone to Goldman or Citi or Blackstone (or stayed in the Senate) for a few years then tried again.
I think some people these days run for president because the run itself is lucrative — Gingrich being a good example, Palin another.
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pereubu77 commented on the blog post GOP Governors Ready to Kill Public Employee Contracts
I clicked through to the source of the $81 billion in off-the-book pension liabilities and came to something called the Institute for Truth in Accounting. The number is not calculated or attributed, but probably came from a study done by some Stanford students in 2010 that was seriously flawed. Pension accounting is notoriously slippery, but looking at funding status in 2009 — bottom of a bear market, very low interest (discount) rates — then projecting results 30 years in the future, almost certainly overstates the size of the shortfall.
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pereubu77 commented on the blog post The Logical Outcome of Juan Williams’ Legitimization of Irrational Fears
What’s a “Muslim-type religion”?
