tag:blogger.com,1999:blog-1903235483068862940.post5808590011338039754..comments2024-03-19T15:24:48.864-07:00Comments on Green Eagle: The Economic Abomination ContinuesGreen Eaglehttp://www.blogger.com/profile/13477132834757467690noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1903235483068862940.post-52410682408001051302014-03-15T08:00:24.188-07:002014-03-15T08:00:24.188-07:00Bruce Rauner, self-described .01%, is probably goi...Bruce Rauner, self-described .01%, is probably going to be the next Governor of Illinois. Rauner made his money, just like Mitt Romney, by Hedge Fund theft.<br /><br />By Rauner's own estimate 2/3rds of GTCR funds were supplied by Public Pensions. Here in Illinois<br />GTCR has "managed" money for the Illinois Teachers' Retirement System (TRS) and the Illinois State Board of Investment, the state's largest and third-largest, respectively. Additionally, GTCR had access to state and municipal pension plans from the San Francisco City and County Employees' Retirement System to the Massachusetts Pension Reserves Investment Management Board. <br /><br />For this "work" GTCR, takes a 20% or more slice plus consultation and management fees. Rauner got paid no matter what the funds he "managed" did.<br /><br />So, it's not surprising that Illinois and other Public Pensions began to go into insolvency once Vandal Capitalists got their hands on the funds. In fiscal year 2009, TRS lost $4.4 Billion (22% of its' value) in 2008 TRS lost 5% of it's value because of the Management of their Portfolios by Rauner-types.<br /><br />Additionally, Rauner got rich in the 90's by buying up Retirement and nursing homes and then slashing service, eliminating nurses, downgrading care and leaving the elderly to rot and die. Grung_e_Genehttps://www.blogger.com/profile/01894879088472559055noreply@blogger.comtag:blogger.com,1999:blog-1903235483068862940.post-30179719173265734262014-03-14T23:08:39.895-07:002014-03-14T23:08:39.895-07:00Thanks GE, I went and read about 'Alex'......Thanks GE, I went and read about 'Alex'... amazing stuff.Magpiehttps://www.blogger.com/profile/02423673258718941141noreply@blogger.comtag:blogger.com,1999:blog-1903235483068862940.post-89605080544754555672014-03-14T16:25:04.266-07:002014-03-14T16:25:04.266-07:00Off topic: Magpie, a little while ago you asked m...Off topic: Magpie, a little while ago you asked me to say something about the intelligence of parrots. Try watching the following short video:<br /><br />https://www.youtube.com/watch?v=7yGOgs_UlEc<br /><br />You can see behavior here which reveals an understanding of the meaning of speech that is far beyond anything displayed by other animals. Green Eaglehttps://www.blogger.com/profile/13477132834757467690noreply@blogger.com