Wait…What was that?

The contestation of discount rates in states and municipalities is completely based in speculation.  All projected return rates from markets are, just as titled, presumptive.  The true issue at hand is whether or not to operate the pension fund accounting in a conservative or risky manner.  Surely, in 2010, when the average return rate was … Continue reading

Opera is New

The first opera I ever saw was Carmen at the Dorothy Chandler Pavilion during a dress rehearsal.  I went with hoity-toity charlatans who told me repeatedly that this was a ‘good introductory opera’ with an air of disgust for my lack of exposure to the art form.  Now, I hate that opera and everything it personally stood for (not … Continue reading