One of the challenges in addressing the underfunding of public pensions is determining how big the funding gaps are. Estimates vary because of disagreement over accounting methods. State pension actuaries calculate pension plans’ future funding using discount rates based on high rates of expected returns on investments. State officials have an incentive to engage in this kind of fudging because higher expected returns tomorrow mean lower contributions into the pension funds today. Read The Full Story
The Pentagon is preparing for a longer bombardment of Syria than it originally had planned, with a heavy barrage of missile strikes followed soon after by more attacks on targets that the opening salvos missed or failed to destroy, officials said.
The planning for intense attacks over a three-day period reflects the growing belief in the White House and the Pentagon that the United States needs more firepower to inflict even minimal damage on Syrian President Bashar Assad's forces, which have been widely dispersed over the last two weeks, the officials said. Read The Full Story
The White House has been beating the war drum lately in an effort to build support for a bombing campaign in Syria. The Obama administration alleges that Syrian President Bashar al-Assad used chemical weapons against his own people, though this claim lacks proof, as many experts believe that the gas attack was perpetrated instead by the Al-Nusra rebels that are currently locked in a bloody civil war with the Syrian regime.
Modern liberals, so quick to insist that people are the products of their environment, spectacularly fail at actually incorporating such a claim into their policy prescriptions. Their suggestion that children ought to be subject to 13 years of intensive otherkin sensitivity training (they might also learn how to read) and their resultant recoil at the thought that parents might want to teach their own children otherwise is laughable and tedious. You mean that some parents don’t want to willingly let their children be indoctrinated by a state hostile to their traditional family values? Read The Full Story