No Jurisdiction, No Problem: Local Police Make Up Their Own Rules

[orphan Shelby]

Ooo an angry thread. Keep going guys

[Forever_frost]

Now, onto the rest. Are you jealous of me or something? All you seem to be able to talk about is all my free time, as if that's some sort of negative. lmfao. A little upset that I'm basically retired at 37 and you're still working 80 hour weeks hoping that the City of Fort Worth retirement fund Jody is so fond of bringing up doesn't implode before you get a chance to use it? I have never seen someone so consistently make a fool of themselves while viciously trying to prove the opposite. It literally leaks out of your every pore.

Would anyone like to talk about how angry free time makes them? Maybe these type of people exist and I've just never encountered them before. Lets open a dialogue. After all, I've got plenty of time to consider things I'd never entertained before. Enlightenment here I come!

Free time makes me angry and I've been retired since 24

[slow99]

Now, onto the rest. Are you jealous of me or something? All you seem to be able to talk about is all my free time, as if that's some sort of negative. lmfao. A little upset that I'm basically retired at 37 and you're still working 80 hour weeks hoping that the City of Fort Worth retirement fund Jody is so fond of bringing up doesn't implode before you get a chance to use it? I have never seen someone so consistently make a fool of themselves while viciously trying to prove the opposite. It literally leaks out of your every pore.

Hey, they're making progress:

The city where the west begins has lost faith in a BlackRock hedge fund. The $2.1 billion Fort Worth Employees’ Retirement Fund is redeeming its entire $12.5 million investment in BlackRock’s Global Ascent Fund. The Texas pension hasn’t decided how to redeploy the money, Pensions & Investments reports. The pension wouldn’t say why it was cutting ties with the global macro fund.

The unfunded status of the Fort Worth Employees' Retirement Fund has skyrocketed to $1,077,422,249 over the past six years.

Unfunded Status: (Liabilities > Assets)
2008: $237,543,713
2009: $595,735,591
2010: $431,737,003
2011: $578,964,410
2012: $748,205,870
2013: $1,077,422,240

% Funded:
2008: 88.5%
2009: 72.8%
2010: 81.2%
2011: 76.6%
2012: 71.4%
2013: 63.2%

[Broncojohnny]

Hey, they're making progress:

The city where the west begins has lost faith in a BlackRock hedge fund. The $2.1 billion Fort Worth Employees’ Retirement Fund is redeeming its entire $12.5 million investment in BlackRock’s Global Ascent Fund. The Texas pension hasn’t decided how to redeploy the money, Pensions & Investments reports. The pension wouldn’t say why it was cutting ties with the global macro fund.

The unfunded status of the Fort Worth Employees' Retirement Fund has skyrocketed to $1,077,422,249 over the past six years.

Unfunded Status: (Liabilities > Assets)
2008: $237,543,713
2009: $595,735,591
2010: $431,737,003
2011: $578,964,410
2012: $748,205,870
2013: $1,077,422,240

% Funded:
2008: 88.5%
2009: 72.8%
2010: 81.2%
2011: 76.6%
2012: 71.4%
2013: 63.2%

We know bonds aren't paying anything (lol at the 10 year) and equity valuations are frothy as fuck. Real Estate is priced beyond the moon and is approaching Mars. Point being, I can't imagine where someone would redeploy anything in this environment. Sounds like someone might be getting a new haircut!