Jan 03

Dallas Pension Not Only “Ticking Time Bomb Ready To Explode,” Public Policy Director Warns:

For months, if not years, we’ve warned that conflicted politicians and union bosses pursue a perverse set of goals in their management of pension funds, most of which have nothing to do with the application of sound financial principles. Here’s how we summarized the situation back in the summer (see “An Unsolvable Math Problem: Public Pensions Are Underfunded By As Much As $8 Trillion“):

Defined Benefit Pension Plans are, in many cases, a ponzi scheme.  Current assets are used to pay current claims in full in spite of insufficient funding to pay future liabilities… classic Ponzi.  But unlike wall street and corporate ponzi schemes no one goes to jail here because the establishment is complicit.  Everyone from government officials to union bosses are incentivized to maintain the status quo…public employees get to sleep better at night thinking they have a “retirement plan,” public legislators get to be re-elected by union membership while pretending their states are solvent and union bosses get to keep their jobs while hiding the truth from employees.

Then, just a couple of weeks ago, CalPERS confirmed our fears when they chose to lower their discount rate by only 50bps to 7%, nearly a full point above their 6.2% projected annual returns over the next decade.  Even more startling was the open admission from Richard Costigan, chairman of the CalPERS finance committee, that the decision was motivated by the board’s desire to maintain the ponzi, saying: “this is just a start…municipalities and other government agencies need some breathing room before they absorb the impact.” Continue reading »

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Dec 14

Dallas Police Resignations Soar As “Insolvent” Pension System Implodes

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Dec 13

Not Just Dallas; Fort Worth Employees’ Pension Plan In Deep Trouble:

It’s safe to say this pension fund will never make it, for numerous reasons. Benefit haircuts are coming.For some reason, Fort Wort escaped the scrutiny of Dallas. I suspect that will change soon.

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Dec 09

In Unprecedented Move, Dallas Pension System Suspends Withdrawals

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Sep 13

Twitter account of “Alois Irlmaier”:

“Documenting the lead up to World War 3 as predicted by German seer of same name. is right around the corner. Hope for the best, prepare for the worst.”

Related info:

The Prophecies Of Alois Irlmaier – The Roadmap To WW3 – The 3 Days Of Darkness (Worse Than WW3)


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Aug 19

Ponzi-Scheme

Dallas Cops’ Pension Fund Nears Insolvency In Wake Of Shady Real Estate Deals, FBI Raid:

The Dallas Police and Fire Pension System is on the verge of collapse amidst shady real estate deals that resulted in massive asset markdowns in 2015 and the FBI raid of former real estate investment manager, CDK Realty Advisors.

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Jun 13

Gunman opens fire at Dallas police headquarters, leading to armed standoff (, June 13, 2015):

A lone gunman opened fire at the Dallas police headquarters early Saturday morning, authorities said, leading to a standoff that has continued for several hours.

The suspect was shot by a sniper and authorities are trying to determine if the individual is still alive, Dallas Police Chief David O. Brown said at a news conference Saturday morning.

Police said that the gunfire began at about 12:30 a.m. outside the police headquarters at 1400 South Lamar Street. Witnesses reported seeing what appeared to be multiple people firing automatic weapons at the police station, authorities said.

No officers were injured, Brown said.

Bombs planted in attack on Dallas police headquarters (Reuters, June 13, 2015):

Bombs were planted outside Dallas Police headquarters in an attack early on Saturday that may have involved as many as four gunmen firing automatic weapons, police said.

Dallas Police Chief David Brown told reporters that a motive for the attack was not yet known, but he also said there had been threats and attacks on police elsewhere in the country in the past few months.

One of the devices, a pipe bomb, exploded when a police robot attempted to move it. Another, which was under a police vehicle, was detonated by a bomb squad, according to the police department.

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Oct 16

Dallas Commissioners Will Declare State Of Disaster Tomorrow Over Ebola (ZeroHedge, Oct 15, 2014):

While the message from the President is ‘keep calm and avoid bodily fluids’, it appears the commissioners in Dallas are slightly more concerned at the potential for Ebola to escalate:

  • *DALLAS COMMISSIONERS TO DECLARE LOCAL STATE OF DISASTER TOMORROW: NBC-TV
  • *DALLAS COUNTY CONSIDERS DECLARING STATE OF DISASTER FROM EBOLA
  • *DALLAS DISASTER DECLARATION WOULD ACTIVATE EMERGENCY PLAN

While we are not sure where a “state of disaster” ranks relative to a “public health emergency” such as the one in Connecticut, we are certain of one thing – it will mean civil liberties will be reduced as government takes control.

*  *  *Welcome to the new normal American police state. Continue reading »

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Apr 28

HAARP is real:

Former Governor Jesse Ventura on Government Cover-Ups . . . 9/11, the Reality of HAARP and Making Government Better

Jesse Ventura Conspiracy Theory: ‘HAARP’ (Full Episode)

See also:

HAARP Magnetometer Data Shows Japan Earthquake Was Induced

US Gov. Took Down HAARP Website To Conceal Evidence of US Weather Modification And (Japan!) Earthquake Inducing Warfare – Update April 21, 2011: After 3 Weeks Of Pressure From The International Community The HAARP Website Is Up Again



Added: 26.04.2011

Watertown, Martinsburg New York, within 24-48 hours from now.. tornados and severe weather will hit the center of the ring area.

Harper Kansas .. no pun intended on HAARP play on words… in Kansas at I-35 east of Caldwell .. at the state line exactly = tornado or VERY severe weather after this current storm blows through.. in 24-48 hours from now.

Continue reading »

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