Monday, April 01, 2019

Expect markets to grow volatile, says Allianz's Mohamed El-Erian

A Tug-of-War + The Fed faces a nominee with political influence. Q1 over > market can over-shoot in both directions.
Be ready to be agile and don't trust the trends >> take some money off-the-table . . .
Look for a change in Pro-Growth policies in Europe
Published on Apr 1, 2019
Views: 190 [at time of upload to this blog]
Mohamed El-Erian, chief economic advisor at Allianz, joins "Squawk Box" to discuss the markets, Stephen Moore's nomination to the Fed, and what he recommends investors do heading into the second quarter of 2019.

Sunday, March 31, 2019

The 10 DUMBEST CITIES in AMERICA

Phoenix ranks 9th
Published on Mar 28, 2019
Views: 47,316 [at time of upload to this blog]
In order to rank the dumbest cities in America, we had to look at which cities have the highest high school dropout rates as well as which cities have low college graduation rates.

This is a pretty good indication of where people live who don't have educational backgrounds.

Additionally, we measured how many libraries are in each city, as a ratio versus number of places to party.

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https://www.bls.gov/news.release/pdf/...

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https://en.wikipedia.org/wiki/College...


https://www.latimes.com/local/educati...

https://www.thetruthaboutcars.com/201...

https://www.thedailybeast.com/why-con...

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Blow-Jobs In Baltimore Come Back-to-Bite David Stringer

 
Whoa! What did it take to clear-out one more legislator here in the Arizona State House? Fearless and relentless investigative reporting by one journalist and one source. After months of dilly-dallying slack efforts by every mainstream media outlet in Phoenix.
Cheers for Steven Hsieh and Lawrence Lanahan to crack it open - thanks to microfiche records for uncharged crimes.
_________________________________________________________________________
Phoenix New Times reporter Steven Hsieh started if off with an email back in December and got a fast reply
https://twitter.com/stevenjhsieh
"We would not know about David Stringer's past if not for @. I emailed him in December. Four days later he walked out of a courtroom with the microfiche that led to today's revelations. . . "

. . . and three months later Stringer is out
Lawrence Lanahan did the research
https://twitter.com/llanahan


 
 

Read it for yourself:
David Stringer Molested Children, Including ... - Phoenix New Times
https://www.phoenixnewtimes.com/news/report-david-stringer-molested-children-incl...
 
David Stringer Mocked 'Diversity' - Phoenix New Times
https://www.phoenixnewtimes.com/news/david-stringer-mocked-diversity-asian-stude...
23 hours ago - In addition to newly revealed details of David Stringer's past sex crimes, the report released on Friday also describes a previously unreported ...
David Stringer Resigns After New Times Investigation | Phoenix New ...
https://www.phoenixnewtimes.com/news/david-stringer-resigns-after-new-times-invest...
4 days ago - Arizona State Representative David Stringer resigned from office on Wednesday after refusing to cooperate with an ethics investigation into sex crime charges he faced in 1983, including child pornography, which were first revealed by Phoenix New Times in January.
David Stringer Must Make Sex-Crime Records ... - Phoenix New Times
https://www.phoenixnewtimes.com/news/arizona-legislature-david-stringer-sex-crime-...
Mar 20, 2019 - Since the disclosure of his State Rep. David Stringer's sex crime charges, the state representative has made a concerted effort to keep ...
PhoenixNewTimes on Twitter: "Rep. David Stringer strikes again. https ...

 
https://twitter.com/phoenixnewtimes/status/1006968530808418305?lang=en
Find us on Facebook and Instagram: PhoenixNewTimes .... Some other things to know about Rep David Stringer: He thinks teaching doesn't requires any ...

Theresa May: An Obituary

Pie in Top-form at it !!!
Published on Mar 29, 2019
Views: 418,226 [at time of upload to this blog]
Theresa May falls on her sword...and misses.
For tickets to see Jonathan Pie: The Fake News Tour go to
http://jonathanpie.com

Here In Mesa: Truth-or-Dare In Accounting > Just The Data

It's that time again to another look at data from another source as the budget presentations are getting heard and discussed in a series of public meetings in front of the Mesa City Council that has already started just this past week in Thursday, March 28, 2019:
Truth In Accounting
Readers of this blog might remember that when anyone - including any Mesa City Councilmember who dared to question the data or forecasts and predictions made by Candace Cannistraro, City Manager Chris Brady or the staff of the Office of Management & Budget - got verbally attacked and derided during the meetings over the course of weeks from February through May. How dare they question anything?
________________________________________________________________________________
SNAPSHOT BY THE NUMBERS Mesa's Bills Exceed Its Assets [*in the millions]
Assets * $4,097
  • Less: Capital Assets * $2,892
  • Restricted Assets * $132
  • Assets Available to Pay Bills * $1,073
  • Less: Bills * $1,885
  • Money Available (Needed) to Pay Bills * ($813)
  • Each Taxpayer's Surplus (Burden) ($5,800)
The Bills Mesa has Accumulated
  • State Bonds * $1,797
  • Other Liabilities * $267
  • Less: Debt Related to Capital Assets * $1,658
  • Unfunded Pension Benefits * $830
  • Unfunded Retirees' Health Care Benefits * $648
  • Bills * $1,885

https://www.statedatalab.org/state_data_and_comparisons/city/mesahttps://www.statedatalab.org/state_data_and_comparisons/city/mesa
News: 2019 Financial State of the Cities
January 28, 2019
________________________________________________________________________
TIA Data
2017 Financial State of Mesa (Released 1/29/2019)
 
Mesa's Taxpayer Burden.™ is -$5,800, and received a "D" from TIA.
Mesa is a Sinkhole City without enough assets to cover its debt.
Decisions by elected officials have created a Taxpayer Burden™, which is each taxpayer's share of city bills after its available assets have been tapped.
TIA's Taxpayer Burden™ measurement incorporates all assets and liabilities, including retirement obligations.
Mesa only has $1.1 billion of assets available to pay bills totaling $1.9 billion.
Because Mesa doesn't have enough money to pay its bills, it has a $812.5 million financial hole. To erase this shortfall, each Mesa taxpayer would have to send $5,800 to the city.
Mesa's reported net position is overstated by $175.3 million, largely because the city delays recognizing losses incurred when the net pension liability increases.
The city's financial report was released 186 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data
2016 Financial State of Mesa
2015 Financial State of Mesa
Other Resources
Mesa Comprehensive Annual Financial Reports
Publishing Entity: Mesa City Hall
________________________________________________________________________
Download the new report here.
On January 29, Truth in Accounting released its third Financial State of the Cities report, a comprehensive analysis of the fiscal health of the nation's 75 most populous cities based on fiscal year 2017 comprehensive annual financial reports. 
This year, the study found that 63 cities do not have enough money to pay all of their bills, and in total, the cities have racked up nearly $330 billion in unfunded municipal debt. 
The study ranks the cities according to their Taxpayer Burden or Taxpayer Surplus™, which is each taxpayer's share of city bills after available assets have been tapped.
Check out the data for your city at the State Data Lab.

Bloomberg Equality Summit Town Hall


Published on Mar 29, 2019
Views: 346
Mar.29 -- Speakers from the Bloomberg Equality Summit take questions from the audience at the Bloomberg Equality Summit in New York.

Introduction - Excel Crash Course Part 1 of 7 | Corporate Finance Institute


Published on Mar 26, 2019
Views: 1,095 [at time of upload to this blog]
Excel Crash Course for Finance Professionals - FREE | Corporate Finance Institute
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