That’s what a group of 70 Public Plan actuaries* at this month’s EA meeting view was of Moody’s and their revised rating methodology for US states as it relates to valuing unfunded pension liabilities:
Posts Tagged ‘paul’
The report on New Jersey was released a few hours ago by the State Budget Crisis Task Force. I expect to have highlights soon but, for now, I found what Richard Ravitch had to say in his closing remarks during the live stream* of the prolegomenon most insightful. What galls him the most is:
Paul Mulshine seems to think so according to a blog post where he claims:
“The tea party movement didn’t fall apart that fast or that violently. But its collapse is just as complete.”
I have not followed much of the Tea Party movement primarily because, though the members may be Taxed Enough Already, they don’t seem to be focusing on why or how.