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That guy was already arrested. He's a career criminal with a lengthy arrest record. A cop actually recognized him he's been arrested so much. Last arrest in March for punching someone in a pizza shop.
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This lawsuit is a waste of taxpayer money and DOJ time. And Barr knows that. But he'd also like Trump to stop screaming at him over the phone
It's worth noting that the DOJ's own brief admits that Bolton's book was approved for publication on April 27. But then a Trump political appointee stepped in and said whoa, whoa, whoa, there's loads of "classified" info in this and reversed the earlier decision.
Also note the DOJ isn't suing the publisher. That's because they know they can't stop it. At best they will takes away Bolton's money he made and I genuinely don't know how much chance there is of that either way.
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It seems the way NBC reported this is wrong. The article below explains and says that they too have had Google do this to them because of something posted in the "Comments" section. But the entire website doesn't get de-monetized, just the offending article. Like the article says below, this is a bad policy because it incentivizes troublemakers to post inflammatory stuff on purpose to harm your site. But you do always have the option of removing Comments altogether, which is something National Review did years ago.Originally posted by iam416 View Post
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Thanks, DSLDan Patrick: What was your reaction to [Urban Meyer being hired]?
Brady Hoke: You know.....not....good.Comment
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The head of the DOJ's civil division signed the lawsuit against Bolton earlier in the day, then announced he was resigning by the afternoon. Hunt was also once Jeff Sessions' Chief of Staff
The head of the DOJ's criminal division already said he is quitting July 3, The US Soliciter General is also resigning. All three are Trump appointees, not lifelong civil servants.Comment
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We've already pointed to this ...... young people are getting infected, while old farts aren't, because, well, they want to go out and party and don't give a shit. Old farts don't go out and if they do they take precautions.
Frankly, I'm beginning to wonder if this is a so what moment. IOW, it's not that big a deal if we see rising new cases (and increases in % +s) if the primary group being infected is under 45 and without co-morbid conditions......like most 20-30ish kids are. They might show up at the ED with ILI or COVID symptoms and count in those metrics but then after they test + on a spot test, get discharged, told to go home, stay put for 14d, get retested and meanwhile stay away from granny and pappy treat for a cold and call if your symptoms worsen.
So, yeah, I think this is a so what moment ..... that bears watching.
Link to the story from Jacksonville, FL about a 40yo chick that went to a bar with her friends, no masks, lots of hugging and kissing while celebrating FREEDOM!! and 15 of her friends got sick and tested positive for COVID. She says, lesson learned. Wear a mask..... and for me, probably a good idea along with others my age to stay the fuck out of crowded beach bars. The nearby Moose Lodge that just opened and there are 3 old dudes at the bar? Go for it.
https://www.news4jax.com/news/local/...b2da6e075b25bfLast edited by Jeff Buchanan; June 16, 2020, 08:13 PM.Mission to CFB's National Championship accomplished. JH chased Saban from Alabama and caused Day, at the point of the OSU AD's gun, to make major changes to his staff just to beat Michigan. Love it. It's Moore!!!! timeComment
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Desantis at a press conference this evening is asked, "does FL need to shut down since it just had ITS HIGHEST EVER one day new case numbers?"
(Fuck) No.
He is really good answering loaded questions.
In FL, he points to the fact that in one AG community 90/100 workers tested +; Prisons? Hitting close to 60% ..... this is where the high number of new cases are coming from. In 90% of FL counties new cases are stable or declining. Deaths are declining. Our vulnerable populations (long term care facilities) are doing well.
I actually think this is a bit over-the-top deflective. Palm Beach County, and Miami Dade are showing up with a lot of positives out of the total number tested ...... but the point here is that PH officials know where the +s are, ID'ing them and doing a good job contact tracing. Hospital resources are at about 65-70% used. Plenty of room to handle admissions and there don't seem to be a lot of these.
We're fine.Mission to CFB's National Championship accomplished. JH chased Saban from Alabama and caused Day, at the point of the OSU AD's gun, to make major changes to his staff just to beat Michigan. Love it. It's Moore!!!! timeComment
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Watched a bit of MSNBC. Listening to them saying that the protests can’t be blamed for a spike in cases but being at the beach can be is pure gold.
Because, you know, the protests “were outside” and all.
I guess you motherfuckers going to the indoors beach is the reason."The problem with quotes on the Internet is that it is sometimes hard to verify their authenticity." -Abraham LincolnComment
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I'm still dubious of this poll as Biden's lead in various states doesn't make complete sense to me, but he now leads in all six of the measured battleground states vs a couple weeks ago
5/29-5/31 (National: Biden +7)
Florida: Biden +3
Michigan: Biden +2
North Carolina: Biden +1
Wisconsin: Tie
Arizona: Trump +1
Pennsylvania: Trump +4
6/12-6/14 (National: Biden +10)
Florida: Biden +7
Wisconsin: Biden +4
Pennsylvania: Biden +3
Michigan: Biden +2
North Carolina: Biden +2
Arizona: Biden +1
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They have indoor skiing in a few places in Japan & China. You should open an indoor beachOriginally posted by AlabamAlum View PostComment
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I just might. Genius!"The problem with quotes on the Internet is that it is sometimes hard to verify their authenticity." -Abraham LincolnComment
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The drone of hits on FL's "massive and frightening" increase in new cases continues this morning. I think we hit on something yesterday that is not getting any media attention at all because it's counter narrative ...... it's the younger, much less vulnerable, cohort that's getting infected. They remain asymptomatic or if they get symptoms they are mild.
They are spreaders though - I wouldn't call them "super spreaders" - but their behaviors make it more likely they're going to spread this thing. It's a tough call for city officials who are grappling with further reopening decisions here in S. FL in the face of data that may or may not suggest a slower approach. Political pressures are immense. One can drill down all they like to support the contention that the new case numbers don't represent, on balance, mistakes in re-opening protocols. We're getting right back to the "blood on your hands" problem for state and local officials who advocate for more openings - in FL, the big one is bars.
That is a part of Phase II that most of the counties in FL are in except the tri-counties. None of those counties have authorized places that rely on their income from open alcohol sales only to open. There was a big rally yesterday involving bar workers calling for re-opening three bars, one downtown and two on 1A1 that parallels the city of Fort Lauderdale's beaches. Their argument is if movie theaters and bowling alleys can operate, if restaurants can operate and serve alcohol if you order a plate of french fires, why can't we go back to work? there's some validity to that but, I can see why they should not be reopened. I've seen why myself. As the evening progresses and the booze flows, already stupid people get more stupid. I don't think the argument that the group of kids that hang at bars in the evening are young and won't get sick doesn't work very well here. You're still battling the political implication of the spread and the potential for that spread getting to more vulnerable folks.Mission to CFB's National Championship accomplished. JH chased Saban from Alabama and caused Day, at the point of the OSU AD's gun, to make major changes to his staff just to beat Michigan. Love it. It's Moore!!!! timeComment
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*I* hit on it. Not *we*. Fuck your collectivist, communist tendencies!I think we hit on something yesterday that is not getting any media attention at all because it's counter narrative ...... it's the younger, much less vulnerable, cohort that's getting infected. They remain asymptomatic or if they get symptoms they are mild.
They aren't really pushing that line are they? That's just one crazy ass guest, right? I mean, even for them, that's awful.Watched a bit of MSNBC. Listening to them saying that the protests can’t be blamed for a spike in cases but being at the beach can be is pure gold.Dan Patrick: What was your reaction to [Urban Meyer being hired]?
Brady Hoke: You know.....not....good.Comment
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This is from an article on the current state of the California Pension System.
CalPERS chief investment officer Ben Meng has a solution: more risk. He announced Monday that the fund would increase its allocations to alternative investments, such as private equity and private credit, while leveraging its portfolio to enhance returns. Facing the headwinds of soaring valuations, historically low interest rates, and anemic economic growth, CalPERS can no longer meet its target with safe assets.
“There is no alternative,” said Meng, but that isn’t quite true: The pension fund’s assumed rate of return (or discount rate) could be reduced. The CalPERS board did just that in 2016, moving its 7.5 percent discount rate to 7 percent, and 42 public pension funds followed suit the next year. California’s modest 2016 revision increased the required contributions of public employers and certain employees, a small first step toward filling the fund’s gaping holes. With internal estimates pegging the expected return of the current CalPERS portfolio at 6 percent, hitting the current target would take a whole lot of leverage.
A 6 percent discount rate brings CalPERS’s unfunded liabilities up to roughly $250 billion. The greater the assumed portfolio return, the lower the contributions from public employers and workers. For fund managers, a lower target effectively admits defeat, and the CalPERS board comprises mostly union representatives who are not especially eager to mark down their net worth. With no one willing to pull back the curtain, the illusion of strong investment performance has long given cover to public officials who would rather ignore mounting pension shortfalls.
In the years following the 2008 recession, growing budget deficits pushed Governor Jerry Brown to propose an overhaul of the California pension system. He suggested trimming defined-contribution plans and combining them with 401(k)-style savings plans similar to those offered to private-sector employees. In the heavily progressive state legislature, his plan was dead on arrival. The modest reforms that ended up in the Public Employees’ Pension Reform Act (PERPA) of 2013, including a cap on payouts and an increase in contributions for new employees, barely made a dent in the state’s pension bill.
Inconsequential as PERPA was, it set off a years-long legal battle with a firefighters’ union that only ended last year, when the California Supreme Court ruled in Brown’s favor. Even after the 2013 reform, California’s pension plans pay out about twice as much as federal plans.
So the Golden State again finds itself on the precipice of a budget crisis. Despite highest-in-the-nation tax rates, California will be $54 billion in the hole in the coming fiscal year. Might as well roll the dice on some leveraged loans.
Leaving aside the increased risks, it’s far from certain that the new investment approach will improve performance. While Meng touted private equity (PE) as a “better asset” than stocks and bonds, PE funds have performed about as well as the stock market in the last ten years, according to Bain & Company. Leverage could magnify returns on winning investments, but it will exacerbate the pain of market downturns. And the coronavirus crisis has shown us how damaging one bad year can be.
To be fair, it’s not just CalPERS. Meng’s announcement reflects a gradual increase in risk-taking by public-pension funds over the last few decades. In 1992, the average public-retirement fund invested roughly half of its assets in stocks and alternatives, with the remainder going to comparatively safe bonds. Today, the average fund allocates 80 percent to stocks and alternatives.
The increased appetite for risk is partially the result of a secular decrease in interest rates. For decades, the assumed return of pension funds roughly equaled the yield on 30-year Treasury bonds, meaning pensions could meet their obligations with vanilla fixed-income investments. Today, 30-year treasuries return just over 1.4 percent, but pension funds have only modestly decreased their targeted return to an average of 7.3 percent.
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A 2019 study by Federal Reserve economists found that those pension funds with the largest unfunded liabilities tend to take the most risk, and periods of low interest rates further increase risk-taking. With a national public-pension hole as large as $4 trillion and interest rates projected to stay at zero percent for the foreseeable future, other fund managers will likely follow Meng’s lead.
At this rate, the New Jersey Division of Investment will be day-trading cryptocurrencies by the end of the year.Dan Patrick: What was your reaction to [Urban Meyer being hired]?
Brady Hoke: You know.....not....good.Comment
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It was a guest, Talent, but none of the hosts really pressed her on it."The problem with quotes on the Internet is that it is sometimes hard to verify their authenticity." -Abraham LincolnComment
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