6.06.2024

The disinformation and election interference is coming from inside the house

8.04.2023

CalPERS Fail

Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%.

CalPERS has missed its return targets for the trailing 1-, 3-, 5-, 15-, and 20-year periods.

When CalPERS fails to make its' required returns, California taxpayers are liable for making up the difference for California's uber-generous public pensions.

2.03.2023

Maybe teaching racial division and hatred wasn't such a good idea after all

Doctor cycling in California run down, stabbed by driver screaming about ‘white privilege’:
A doctor cycling along the Pacific Coast Highway in California was mowed down by a driver who then got out of his vehicle and stabbed the cyclist to death while screaming ‘white privilege’ slurs.

Dr. Michael Mammone, 58, of Laguna Beach, was on his bike in Dana Point when he was struck by the driver of a white Lexus.

The driver allegedly sped through a red light at an intersection before running over Mammone on Wednesday afternoon, KABC reported.

He then jumped out of his vehicle and stabbed the victim multiple times in the back before bystanders tackled him to stop the attack.

7.20.2022

Seems legit

WSJ:

Calpers’ stock portfolio returned minus 13.1%, while bonds returned minus 14.5%, the pension fund said. Those losses delivered a double blow for retirement funds and other savers who have long relied on those two assets to move in opposite directions.

Private equity and real estate returned 21.3% and 24.1%, respectively.
It's a CalPERS miracle! 

Everything with observable market prices went down, but everything CalPERS values subjectively went up! By double digits!

4.23.2022

Quotations from Chairman Varones

 Inflation is progressive utopians encountering resource constraints for the first time.

The disinformation and election interference is coming from inside the house

The FBI just admitted in court that Hunter Biden's laptop is real. Here are 20 minutes of Joe Biden, U.S. intelligence officials, and th...