Wednesday, October 12, 2011
Rocky rebounded from his loss to Clubber Lang, but he did not rely on hope [or optimism] in preparing for his rematch. Hope is neither a training plan nor an investment strategy. Anyone familiar with the Rocky series’ ubiquitous training montages will know the keys to success are hard work, sweat, an adrenaline-firing score, and some measure of pain. The answers to our pension problems are not all that different. I pity the fool who expects an easier answer. Source: Zero Hedge. The LB's $100 offer for a published editorial, based on data and analysis, that explains why staying on the current pension course is both fiscally conservative and not a burden to future city retirees or Encinitas residents is still available.
Posted by Leucadia Blog at 10/12/2011