The Isolated Blurt Thread IV: A New Hope

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...Local and state financial problems are accelerating, in large part because public entities promised pensions they couldn’t afford. Citizens and public officials typically under-appreciated the gigantic financial tapeworm that was born when promises were made that conflicted with a willingness to fund them. Unfortunately, pension mathematics today remain a mystery to most Americans.


Investment policies, as well, play an important role in these problems. In 1975, I wrote a memo to Katharine Graham, then chairman of The Washington Post Company, about the pitfalls of pension promises and the importance of investment policy. That memo is reproduced on pages 118-136.


During the next decade, you will read a lot of news – bad news – about public pension plans. I hope my memo is helpful to you in understanding the necessity for prompt remedial action where problems exist...





-Warren E. Buffett (c) 2014
Excerpted from the Annual Letter to Shareholders of Berkshire Hathaway Corporation

 
Sitting in the sun and my shoulders are getting pink. It's a gorgeous day!
 
So, Phelia, we've been managing this thing for how long, now?

We're running out of fuel, running out of food... this cannot go on.

So here is my proposal: we strike at Putin and his formidable penis which he waves over Ukraine like some sort of warlord. We become victorious, then all is right, yes?

But then, even if we die, hymns will be written in our memory.

So it will work out.
yes, i read that as hymens. only for a moment, you understand - i wondered how they could be written in your... and then the penny dropped.

victorious, glorious hymens - i mean hymns!
 


...and you thought it has been a "cold" winter. The fact of the matter is that it's been a perfectly "average" winter.



Code:
WEATHER ITEM   OBSERVED TIME   RECORD YEAR NORMAL DEPARTURE LAST
                VALUE   (LST)  VALUE       VALUE  FROM      YEAR
                                                  NORMAL
..................................................................
TEMPERATURE (F)
 YESTERDAY
  MAXIMUM         40        MM  MM      MM  49     -9       49
  MINIMUM         22        MM  MM      MM  34    -12       41
  AVERAGE         31                        42    -11       45



[COLOR="Blue"]DEGREE DAYS
 HEATING
[/COLOR]  YESTERDAY       34                        23     11       20
  MONTH TO DATE   34                        23     11       20
  SINCE MAR 1     34                        23     11       20
  [COLOR="Blue"]SINCE JUL 1   3104                      3111     -7     2571
[/COLOR]


 
yes, i read that as hymens. only for a moment, you understand - i wondered how they could be written in your... and then the penny dropped.

victorious, glorious hymens - i mean hymns!

we're all prawns in a larger sea
 
Me too. I fancy a full Indian. Bahjis, chicken ceylon, peshwari rice and naan. Oh and poppadoms with mango chutney. And a pint of Stella.
 
Just remembered a funny backhanded compliment I got the other day showing my ID at the bank. "You're so much more beautiful in person than in your picture!"

It really isn't a great picture. I look a bit like I've just bitten into something toenail-flavored but have to pretend that I like it.
 
Just remembered a funny backhanded compliment I got the other day showing my ID at the bank. "You're so much more beautiful in person than in your picture!"

It really isn't a great picture. I look a bit like I've just bitten into something toenail-flavored but have to pretend that I like it.

You should see my passport, I look like Myra Hindley.
 
Me too. I fancy a full Indian. Bahjis, chicken ceylon, peshwari rice and naan. Oh and poppadoms with mango chutney. And a pint of Stella.
may i die and go to heaven eating this. and i could totally can a long cold glass of stella right now! fizzy AND it tastes nice. what more could i ask? :cool:
 
may i die and go to heaven eating this. and i could totally can a long cold glass of stella right now! fizzy AND it tastes nice. what more could i ask? :cool:

Tell me about it. Haven't been for an Indian for yonks. I have tea and custard creams. Poor substitute. :(
 
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