QUOTE: The best years of your life are

Friday, June 10, 2011

On the third sad day

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“The best years of your life are the ones in which you decide your problems are your own. You do not blame them on your mother, the ecology, or the president. You realize that you control your own destiny.”

— Albert Ellis, psychologist

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RANT: Syosset schools sup is worth more than the Prez?

Thursday, June 9, 2011

http://www.myfoxny.com/dpp/news/governor-blasts-syosset-schools-superintendent-salary-20110607

Superintendent Brings Home $500,000
Updated: Wednesday, 08 Jun 2011, 8:37 AM EDT
Published : Tuesday, 07 Jun 2011, 11:17 PM EDT
By ANDREA DAY

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MYFOXNY.COM – Fox 5 News reports that Syosset schools superintendent Carole Hankin rakes in more than half million dollars a year.

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No one’s base should exceed the President’s. It’s unseemly. Surely the Syosset schools superintendent’s job isn’t tougher than the Prez. Argh!

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MONEY: Pensions — an idea who’s time has past

Thursday, June 9, 2011

http://www.governing.com/columns/smart-mgmt/Whats-a-Pension-Perk-Worth.html

SMART MANAGEMENT
What’s a Pension Perk Worth?
Employers can’t pinpoint what the real value of retiree benefits is to them.
BY: KATHERINE BARRETT & RICHARD GREENE | JUNE 2011

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It’s conventional wisdom that there’s an awful lot of cash being spent to keep pension promises made to employees during the course of their work life. But what benefits — aside from the obvious humanitarian desire to provide a good quality of life for retirees — are these pensions buying for the entities that offer them?

One argument has been that higher pension benefits make for lower turnover and more qualified applicants. There have been a small handful of studies over the past two decades that support the very broad idea that employees of governments that offer pensions are often more loyal than those working for entities that don’t offer pensions. But even if we accept those assumptions without question, there doesn’t seem to be anyone who can tell us what the marginal value each additional dollar of post-retirement benefits buys — and what we give up if we cut benefits by any given amount.

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Flying blind like this means governments that have been pushing for steep cuts in retiree benefits are risking a long-term negative change in their workforce that will make services costlier and less effective. By the same token, if cuts at a certain level could be shown to have minimal impact on workforce considerations, then there are a whole passel of states and cities that should consider making cuts without delay.

We don’t know the answer. But we sure believe somebody should.

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If managers are trying to figure out the value of the “pension”, or any “benefit”, then “employees” aka “wage slaves” should be figuring it out as well.

Argh!

Remember that the “rules” for “Success in Your Generation” have shifted away from “pensions”. (As well as imho 401ks and IRAs!)

(To explain that parenthetical remark. First, 401ks are a captive of the employer. Abuses like Enron were the very tip of the iceberg. The current crop of 401ks are full of abuses. And, the mutual fund choices inside of them are also abusive. Read Ric Edelman’s writings bout mutual funds. Second, there continues to be rumors of taking “tax deferred accounts” in exchange for “enhanced social security”. Third, tax rates in the future and the value of the dollar cast doubt on the value of a pension. Especially when that supposed pension is decades down the road. Fourth, a pool of savings might provide the capital for a business venture. That might be a good bet. Or at least a better bet.)

You can create your OWN pension. It’s nothing more than a very very expensive annuity.

Read the blog post about a 5 year quarterly cd ladder.

You can do it yourself … cheaper.

And, gold, silver, and junk silver coins may be the best bet over all.

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INTERESTING: Weiner “tips”

Wednesday, June 8, 2011

http://www.careersolvers.com/blog/2011/06/06/five-social-media-tips-for-anthony-weiner

Monday, June 6th, 2011

Five Social Media Tips for Anthony Weiner

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Representative Anthony Weiner has fessed up and admitted that he was the one sending lewd photos of himself on Twitter and that his account was never hacked. I write a lot about managing your online presence and digital dirt during a job search but the same rules apply for people who are trying to hold on to the jobs they have. Here are 5 tips for Weiner and anyone else out there dabbling in social media or even just corresponding via email.

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HERE’S MY COMMENT:

Old Wall Street proverb (or at least where I first heard it) “When in a hole, stop digging.”

Imagine how this story would have died if he had just said: “I was fallen down stupid drunk and made a mistake. Let this serve as a warning to young people all over that it’s not only very bad to drink and drive, but to drink and tweet. Honesty I can’t imagine what I was thinking. I’ve apologized to my wife and she has generously forgiven me. I’ve apologized to the young lady, her response is hers. Now, I’m apologizing to my constituents, I hope they will too. I expect to be the butt of a lot of jokes. And, I deserve it. Thanks.”

It’d be long over. Nothing more than a footnote.

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MONEY: The gallon of gasoline standard

Wednesday, June 8, 2011

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I’ve been preaching silver to my friends. It’s shocking that people don’t recognize how devalued the dollar really is. A hockey team moved to Canada from Atlanta today and the radio guy said a few years ago that was unthinkable because the dollar vs canadian dollar was so lopsided Canadian businessmen couldn’t compete. The NFL wants a franchise is Toronto and again the writer referenced that the dollar being so weak allows Canadians to compete in signing players. I’ve also been following the disaster better know and the Federal Reserve- Bernake may be a smart guy and a depression era expert but he can’t get out of his own way and talks himself into trouble.

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I like to use the 30¢ / gallon of gas (i.e., 3 silver dimes) and at today’s silver rule of thumb (20 x pre-64 face value) that means you have $6 for a gallon. :-) It’s so OBVIOUS! And, I remember gas at 20 with trading stamps and an ugly glass and the fellow cleaned the windshield, checked the oil, and spoke english. Argh!

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FUN: “Rose” gets a pink slip because of Charlie Sheen

Tuesday, June 7, 2011

http://www.irishcentral.com/story/ent/amyandrews_gossipgirl/charlie-sheens-character-written-out-of-two-and-a-half-men—moving-to-paris-123218648.html

Posted on Monday, June 06, 2011 at 09:42 AM
Amy Andrews Gossip Girl
by Amy Andrews
Charlie Sheen’s character written out of ‘Two and a Half Men’ – moving to Paris

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The troubled actor was fired from the sitcom and replaced by Ashton Kutcher after feuding with creator Chuck Lorre and bosses have reportedly decided to use the final scenes he shot as bad boy Charlie Harper – which see him and his stalker Rose leaving for the airport to catch a flight to the French capital – to explain his character’s absence when the show returns.

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Aww, poor Rose, why does she have to get the axe?

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POLITICAL: BHO44’s fantasies

Tuesday, June 7, 2011

http://www.youtube.com/watch?v=xrvqWQZMnus

MorrisTV: Saving Israel

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Dick discusses the flaws in Obama’s peace proposal and attacks the idea of a return to 1967 borders for the Jewish state.

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BHO44 has stepped in it.

“Obama fantasies”

They don’t just end at Israel.

Spending, deficit, and debt … are all going to end well … … “fantasies” of imagination!

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RANT: D-day? What’s D-day?

Monday, June 6, 2011

http://bigpeace.com/pschweizer/2011/06/06/d-day-67-years-ago-today/

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RANT: Borrow from China to give it to the Muslim Brotherhood?

Monday, June 6, 2011

http://dumpdc.wordpress.com/2011/06/06/humpty-obumpty-and-the-arab-spring/

Humpty Obumpty and the Arab Spring
By Spengler
DC Insanity: Washington Borrows From China and Gives The Money To The Arabs

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(Editor’s Note: I keep giving you proof of the myriad ways that the global collapse will occur. It could come from within DC. But is just as likely to come from outside the USA as other nations implode. And don’t forget about the European Union. HALF of its member nations are already bankrupt. And OBama commits $20 Billion to Arabs…money that we are borrowing to “lend” to the Arab nations that are in trouble.)

I’ve been warning for months that Egypt, Syria, Tunisia and other Arab oil-importing countries face a total economic meltdown (see Food and failed Arab states, Feb 2, and The hunger to come in Egypt, May 10). Now the International Monetary Fund (IMF) has confirmed my warnings.

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Whatever the Group of Eight actually had in mind, the proposed aid package for the misnomered Arab Spring has already become a punching bag for opposition budget-cutters. “Should we be borrowing money from China to turn around and give it to the Muslim Brotherhood?” Sarah Palin asked on May 27.

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Maybe I’m being taken in by the “stupidity” of Sarah Palin, but this make as much sense as BHO44 stopping Gulf drilling and giving 2B$ to Brazil to drill in the Gulf.

Time for “We, The Sheeple” to speak up!

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TECHNOLOGY: Use special characters in passwords

Monday, June 6, 2011

http://it.slashdot.org/story/11/06/06/1321257/A-Brief-Sony-Password-Analysis

A Brief Sony Password Analysis
Posted by CmdrTaco on Monday June 06, @09:30AM
from the change-it-now-people dept.

troyhunt writes

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99% of passwords don’t contain a single non-alphanumeric character.”

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It would seem that two short words separated by a “special” character would be a great password.

9vfj#4fkh kdj5@3jdz 4ax4$32az

Give the hackers another 10 characters to worry about.

26 lower case, 26 upper case, 10 digits, 10 specials = 72

(72) ** password length *** equals a long time for crackers.

Even if you cheat like I suggested — [(62)**4 (10) (62)**4] — is still a long time.

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