I got a couple of inches of hail. Law and Order, by the way, was supposed to film last night on gates/ vanderbilt/ fulton (sucking up a lot of parking – no parking signs all around there). Obviously couldn’t do anything. They are there this am in droves though. Beny’s Delice is getting a bang up biz.
dibs, that report is depressing. Sad part for chicago teachers is that they are not entitled to SS, so all they got is that pension, same for colorado teachers. A lesson for others to not depend on their local govts for their future.
The “French Drain” has gone from a “nice to have” to “need it tomorrow”. The hail and tree detritus clogged the backyard drain causing a water to come into the kitchen from the back door. I had to open the back door to go outside to clear the drain and I got a LAKE of ice and water streaming into the kitchen. I finally waded through icewater to clear the drain and madly mopped up the kitchen lake to prevent damage to wood floors.
A report, “The Crisis in Local Government Pensions in the United States,†warns that mounting liabilities threaten “the ability of state and local governments to operate.â€
The study examines 77 of the largest municipal defined pension plans, covering 2 million public employees and retirees, roughly two-thirds of the nation’s total. The estimated liability of all municipal retirement funds is $574 billion, according to economists Joshua Rauh of the Kellogg School of Management at Northwestern University and Robert Novy-Marx of the University of Rochester.
Chicago residents face the highest individual burden for pension liabilities from seven municipal retirement plans, amounting to nearly $42,000 per household. New York City residents face the second-highest per-household burden, just under $39,000.
These amounts are in addition to the estimated $3 trillion in unfunded liabilities that taxpayers will shoulder from state retirement systems, which Rauh and Novy-Marx examined in a 2009 report.
Cobble:
A. In the words of the immortal Leona Helmsley, hail is for little people.
2. My tent is well-protected.
I got a couple of inches of hail. Law and Order, by the way, was supposed to film last night on gates/ vanderbilt/ fulton (sucking up a lot of parking – no parking signs all around there). Obviously couldn’t do anything. They are there this am in droves though. Beny’s Delice is getting a bang up biz.
dibs, that report is depressing. Sad part for chicago teachers is that they are not entitled to SS, so all they got is that pension, same for colorado teachers. A lesson for others to not depend on their local govts for their future.
The “French Drain” has gone from a “nice to have” to “need it tomorrow”. The hail and tree detritus clogged the backyard drain causing a water to come into the kitchen from the back door. I had to open the back door to go outside to clear the drain and I got a LAKE of ice and water streaming into the kitchen. I finally waded through icewater to clear the drain and madly mopped up the kitchen lake to prevent damage to wood floors.
Interesting that you didn’t get any hail CGar, and we’re just a few blocks away from each other!
It’s called a “weather report” rob. Ever hear of http://www.weather.com ????
A report, “The Crisis in Local Government Pensions in the United States,†warns that mounting liabilities threaten “the ability of state and local governments to operate.â€
The study examines 77 of the largest municipal defined pension plans, covering 2 million public employees and retirees, roughly two-thirds of the nation’s total. The estimated liability of all municipal retirement funds is $574 billion, according to economists Joshua Rauh of the Kellogg School of Management at Northwestern University and Robert Novy-Marx of the University of Rochester.
Chicago residents face the highest individual burden for pension liabilities from seven municipal retirement plans, amounting to nearly $42,000 per household. New York City residents face the second-highest per-household burden, just under $39,000.
These amounts are in addition to the estimated $3 trillion in unfunded liabilities that taxpayers will shoulder from state retirement systems, which Rauh and Novy-Marx examined in a 2009 report.
lech, you exaggerating with “flooded” reference or you for real?
“Amazing carpet of plant matter all over the sidewalks today.”
Ditto in BH/CH. Garden flooded in minutes last night. But, sadly, no hail.