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

I miss you California

I was recently asked what I liked most about living in DC and I couldn’t give an answer.  Not because my mind was bursting with joy, but because I am so desperately homesick I almost can’t stand it.  Don’t get me wrong, DC, Northern Virginia, and Southern Maryland (those in the know call it the … Continue reading