Editorial: Pension outlook darkens for Calif. taxpayers
Publisher’s note: This editorial is from the Jan. 17, 2016, Orange County Register.
Despite fairly steady economic growth and state budget surpluses, California’s unfunded public employee pension liabilities are spiking. As detailed by Stanford University research scholar David Crane on the Fox & Hounds website, year-end reports pegged the increase in unfunded pension promises for the California Public Employees Retirement System at $15 billion and for the California State Teachers Retirement System at $9 billion.
Total spike in unfunded liabilities for fiscal year 2014-15, which ended June 30: $24 billion.
Before last year, total unfunded pension liabilities, as detailed in Gov. Jerry Brown’s budget proposal for fiscal year 2016-17, were $72.7 billion for CalSTRS and $43.3 billion for CalPERS. Adding up everything, the new total unfunded liability for both giant pension funds is $140 billion.
I don’t see a problem. If the state doesn’t have the money, the pension plan gets cancelled. Just like every other welfare scheme that politicians cut funding for. Problem solved.
If it was your pay they were going to cut, you would have a problem. It’s not that simple, it’s law to keep these people’s retirement funded. As it should be. Pay people what you promised to pay them, not if it’s just a matter of means. Private or public, too many people are being taken advantage of bad management decisions, by defunding their pensions.
Just like anything else, the law can be changed. Many Americans have had the carpet pulled out from under them during the last financial meltdown. Banks got bailed out, but not citizens. Why are government workers exempt from the pain of other people’s mistakes? It happened with many corporations. They cleaned out pension funds and took the money. And many of those situations were not mistakes, but intentionally done. No hard feelings, of course.
I think everyone should wake up. The Golden calf will just be put on the backs of property owners. First Commercial then the rest of us will get hit with the mighty weight of the debt. Can’t let those union bosses/administrators (traitors)go wanting!!
Keep smoking the ganga until reality hits!
So some people don’t get their deserved retirement, lets change the law so we don’t have to pay what people are contractually obligated receive? You think this will fix the debt problem? How about we pay people what we owe them, then they in turn can pay their bills and help the economy. That seems simple and Marlene quit hitting the bottle and wake up, this is reality.
The main problem is not with the rank and file collecting their pensions as I feel they deserve what they get. The problem lies with how they receive the amount of pension benefit and at what level it’s granted at. I feel that if the pensions were based on the Base salary of your highest rate of pay held for three years when you retire we might not have this problem. My retirement from the military is based on this. I was not allowed to “Spike” my pay by holding back on all my vacation time, sick pay or any overtime in the last year. This is where the sensationalism comes from and all the blowback. For example Brian Veerkamp was the Chief of EDHFD and has retired with over $200,000.00 in yearly benefits which is more than he ever made. The rate of benefits should never exceed your base pay. Spiking is the problem. Retirement money should not be Golden Parachute. The percentage earned should be the same as our Social Security as well and not 90% plus.
Well stated Kenny.
I agree with the bum!
I agree with your comment, Kenny. Unfortunately, it shouldn’t be necessary to force public employees to be less selfish. It should be a given that they would not take advantage of these quirks in the law. I doubt that it would solve the issue completely, but it certainly would help.
My point is somewhat more theoretical. In 2005, the courts ruled that United Airlines was allowed to wipe out employee’s pension, despite the contractual relationship between the company and their employees. Thousands of UAL employees lost all or part of their pensions. So, given that precedent, what justification do government employees have to be exempted? If the private sector can ignore contracts, why shouldn’t the public sector? That is my question. What is the rationalization that allows one group of citizens to be protected while another group is not? Our law depends on precedent to remain fair. No hard feelings, I just want to hear other citizens’ opinions on this subject.
Why do people fail to connect the dots between 35 yrs. of reaganism and the demise of the middle class jobs that had pensions?-those that orchestrated the buffoon’s election started the elimination of the only entity that restricted the overreach of the plutocrats and multi-national corps-the We the people Government and sensible rules for American capitalism that ‘Provide for the general welfare’
the ‘hate gubmint’ dupes are mollified by foxnooz and hate radio-convinced that they haven’t actually been wrong their entire lives-
Until we face up to the horrific failure of conservative trickle down oligarchy-we’re screwd
http://www.feelthebern.org
Tea, without saying it specifically, I think the “dots” couldn’t be more obvious. What troubles me the most is the sense of entitlement that government workers and politicians demonstrate. While they simultaneously question whether the unemployed “deserve” any benefits, whether hungry children “deserve” a free breakfast or whether retirees on Social Security are entitled to a COLA, they demand their rights to abuse their employment contract with the taxpayer. Again, I would like to hear the justification for this entitlement. Surely, the taxpayer shouldn’t be required to pay for the mistakes of pension fund management when the taxpayer isn’t allowed to participate in the fund and isn’t protected when their pensions fail.
Good Heavens, Totaled, still blaming Reagan for everything wrong with California? 30 years since he’s been President, a lot longer since he was California’s governor. California has been largely Democrat controlled since the late 1980s. Welcome to the 21st Century. Learn a new song.
Dog U. First. 10 years Democratic Governors and 24 Republican Governors since late 1980’s:
Jerry Brown (D) has been Governor for 5 years, Arnold (R) was Governor from 2003-2010 (8), Grey Davis (D) from 1999-2003 (5), Pete Wilson (R) from 1991 – 1998 (8), George Deukmejian from 1983 – 1990 (8).
Time does NOT heal all wounds. I still blame Hitler for WWII, always will.
As for Reagan, it is a fact that the Middle Class started shrinking in the 1980’s, just lookup any chart of the American Middle Class since the 1960’s for reference.
Rock, Middle Class started shrinking in the 70’s-Carter Years.
And I cerainly wouldn’t say the Republican Governors were great. Even under them CA has always had one of the highest tax burdens in the Country. But of course, they had Democratic Legislators to deal with.
Anyway, the thing on the Left people always complain about is Prop. 13. But again even with Prop. 13 CA has one of the highest tax burdens in the Country. I believe its 2nd or 3rd? Will having the highest satisfy those on the Left?
Mike. Unemployment, Social Security and Medicare are NOT entitlements; We pay into these systems.
Most California Pensions have 8% put in by the Worker and 8.25% by Employer and they earn NO Social Security benefits.
Average Annual Teacher Salary in California is $69,000; Nevada $56,000 which is about the National Average.
It costs about $11 Billion Annually for the National School Lunch Program for low income kids in America. For reference, it cost over $1 Trillion to fund the Iraq War/Resistance after Mission Accomplished was declared in 2003.
R4T, governor isn’t king. What about the legislature?
What’s the point in attempting dialog with those that blame Pres. Carter for the disaster of reaganomics?-or those that believe that the koch bros. have the best interests of the 99% in mind-or those that are really so pathetically brainscrubbed and bigoted that they would consider someone like Donald trump for POTUS-time to face reality-
http://www.feelthebern.org
Parker. That is your opinion. The “Middle Class” in America in 1977 was 51%, 1981 50%, 1993 47%, 2001 45%, 2011 43%, today 42%. For the most part, we are still living under the Reagan Trickle Down tax cuts of the 1980’s. Even Bush Sr. called “Reagonomics” “Voodoo Economics” for a reason; trickle down does not work.
Dog U. If a Governor does not like the Budget deal from the Legislation it is called a Veto.
It is so laughable to see people blaming Reagan for the liberals mistakes. Insane Hussein and Senile Jerry have about killed off the middle class and their healthcare and left the borders open and the debt tripled or more. The one hundred million out of the work force and fifty million on welfare speak volumes about liberal failure. The country is taking a right turn very soon and will be on the right course. Liberal failure must be defeated and sent packing.
Just n. The only President that actually Tripled the National Debt was Reagan. And, it was Reagan that gave 3 million Non Documented workers amnesty. get a glove.
Mission Accomplished, Abu Ghraib, WMD’s, Mushroom Clouds, Al Qaeda is on the run from 2003. Guess who?
Ah, I notice that none of you deniers have attempted to answer the simple question. Instead, in your typical fashion, you go running off topic, blame “liberals” (without any information to support your wild claims) and play the distraction game. You might want to ask yourself why intelligent discourse completely eludes you. Certainly, your choices couldn’t be flawed, could they?
Rock, I never used the word “entitlements”. I don’t see the relevance. I asked that those who support the idea of unfunded pensions being funded further by taxpayers to explain why my retirement is not protected while government workers’ pensions are protected. The question includes the fact that taxpayers are not allowed to participate in the (protected) benefit, but are expected to make up the difference if government pension funds fail. My retirement certainly isn’t protected like that. All that I asked was to explain the rationale that will leave taxpayers responsible.
If you buy a Toyota and the cost of it includes pensions for Toyota workers and the fund loses money for whatever reason, does Toyota expect everyone who bought a Toyota to pick up the tab for the loss? Now, why should taxpayers pay for a pension for a government worker’s failed pension fund?
Specifically, I am referring to BigFishy, who questioned the idea that I suggested regarding the funds being bankrupt and therefore cancelled. I laid out my rationale, provided supporting case law and asked for opinions regarding the situation. And, predictably, we got a bunch of broken records making the same noises that they always do.
Rock, the 18% level of inflation & gas lines during the Carter years negatively impacted the Middle Class. That’s a fact. And would question your numbers. But want to make Reagan the Boogie Man? So Clinton & Obama are failures as Pres? Because Reagan was so much smarter than they were they couldn’t undo his policies? Fine!
I’ll make Carter or LBJ (the Democrat that got us intangled in Vietnam) The Boogie Man. And we can go back and debate what happened when they were Pres.
Or, we can take this story about the current situation of CA Pensions. The state has a high level of taxation. What data I could find showed when state & local were combined CA had the 6th highest tax burden. Would seem to illustrate the pension problem is an expenditure, not revenue problem.
Would also point out that when I have a shortfall in my income, I just deal with it. Don’t say to others, I need you to kick in ever more to me.
Mike says, “If the state doesn’t have the money, the pension plan gets cancelled. Just like every other welfare scheme that politicians cut funding for.”
– Workers and employers pay into a Pension fund, it is NOT a politicians fund to cancel just like you can’t cancel Social Security.
Mike says, “What troubles me the most is the sense of entitlement that government workers and politicians demonstrate.”
– YOU used the word entitlements in error, NOT me.
California’s Economy is $2.4 Trillion per year. The so-called “spike” in the State Workers Pension of $24 Billion represents 1% of California’s Economy.
Governor Brown, the California Assembly (vote 66 to 9) and the California Senate (vote 38 to 1) passed California Public Employees’ Pension Reform Act, It took effect January 1, 2013. Estimated savings for the Reform Act are about $49 Billion over 30 years.
Now. If you want to propose more ways to reform California’s Pensions, fine. Examples: raise retirement age, raise the employee contribution percentage, freeze cost of living increase until certain goals are met, allow riskier investments with risky financial advisers, etc. But, these are negotiable items with the actual Workers and Pensioners.
As for your United Airlines example. You forgot to mention that The Pension Benefit Guarantee Corp (Federal Government) was called upon to try to help the United Airline workers that lost their United Stock Options, their Pension Funds and their way of life. (look up Captain Victor J. Saracini of Flight 175 and his wife Ellen for reference)
You also forgot to mention that UA CEO Glenn Tilton told the US Senate that the bankruptcy and “default” would NOT affect HIS $4.5 Million in benefit compensation package because HE had a contract that “was not ignored.”
Even Senator Chuck Grassley (R) had this to say about United Airlines, “Like Enron, workers’ lives and retirements have been ruined. But unfortunately, this time it’s perfectly legal.”
If Toyota offers a pension plan to workers Toyota hires, it is not linked to Toyota’s Profit and Loss, it is a Balance Sheet item. It is a contract between Toyota and the people that work for Toyota and the funds are usually (should be) placed in safe investments; even if Toyota is dissolved. Yes, workers should be aware of bad balance sheets.
Your “rationale” is opinion. Governments are NOT Corporations. The United States did NOT declare bankruptcy in 1941 when Japan attacked us and California did not declare bankruptcy after the Northridge Earthquake in 1994.
Parker. You keep making up that 18% Inflation rate.
From BLS Table 24 Historical CPI Rate All:
1974 11% Nixon/Ford
1975 9.1% Ford
1976 5.8% Ford
1977 6.5% Ford/Carter
1978 7.6% Carter
1979 11.3% Carter
1980 13.5% Carter
1981 10.3% Carter/Reagan
President Clinton did “undo” some of Reagan’s problems and left office with a Balanced Budget.
Again. Neither Me, LBJ or Carter invented the phrase “Voodoo Economics,” it was Bush Sr in 1980.
What do you do when a Company Named ENRON robs you of $41 Billion; $20 Billion from overpriced energy costs from 1999 to 2000 and $6 Billion in daily power overcharges from ENRON games/scams? Deal with it? Arnold settled with ENRON for $260 Million (Grey Davis had wanted at least $8 Billion before the total robbery was known.) Then Arnold floated a $15 Billion “ENRON Bond” to try to get around the robbery. It did not work out and we still owe the bond money and interest.
The $41 Billion can never be used to for Pension Solvency AND the ripple effect on California’s economy and deficits were huge.
Yes, your stats show inflation rising under Carter and coming down under Reagan! Showing you’re just trying to make partisan points you conven-iently only show Reagan’s first year.
Also illustrating you’re just making partisan arguments, when Obama’s deficits were pointed out, you said previously the deficits don’t matter cause they needed to be viewed in the context of all the assets in the economy.
And LBJ is the one that started regular deficit spending! So I’ll make him my scapegoat for any current problems. And you can’t blame Reagan for anything cause according to you Clinton fixed it? Fine.
The issue with the current, let me repeat, current issue with CA pensions is not an issue of needing to raise more revenue. Period!
And the inflation rate did get up to 18% at the end of ’79 and start of ’80. Then it ‘dipped’ back down. But just that it got up to that rate was an ‘historic achievement’ shall we say under that Pres.
Here is how we got to pension issues, at least an example. A former part time resident neighbor, who also works in law enforcement south of S. F. told us this. As one of 9 sanctuary cities S.F’s. Airport allows flights from all over the world (but especially Asia) to land and deplane when the people aboard have no ID’s,visas etc. These people have to be processed and given a court date so all the cities L.E. around SF take the workload and overtime which when screwed around with, allows them to acru huge pension pay outs. No one talks about this because involved L.E. is making tons of money off of it. No worry about our land borders when this is occurring for years at airports. And it’s costing CA billions, in all kinds of ways including massive pensions.
The term “sense of entitlement” is completely different from the term “entitlement” as applied to government programs, I would expect you to know that. Perhaps you have chosen to be obtuse as to it’s use and meaning in the context provided.
My problem, again, is that “it was perfectly legal”. Many issues have been made to be “perfectly legal” while being completely immoral. Again, you know this to be true.
Thank you for your additional information. However, I do not see how the protected and guaranteed by taxpayer retirements of government workers has been justified, in any sense. I certainly don’t see why government workers are treated differently than non-governmental workers as a result of your comments. No cogent argument that explains the difference between one retirement fund and another has not been explained.
Classic Parker. They aren’t my inflation stats. I am rebutting your 18% opinion about Carter.
Whats up… can’t find the BLS (Bureau of Labor Statistics)? I still know a ten year old that can help you with that.
I gave options for Pension Reform in a post to Mike.
I said Clinton undid some of Reagan’s problems.
Mike. I copied and pasted your own comments, if they are “obtuse” that is your problem.
The difference between private and public pensions. Well for one, private companies go out of existence all the time while the Government is supposed to be in existence for perpetuity.
And who ultimately backstopped United Airlines and Mr. Tilton via PBGC… American citizens.
If you do NOT see the value of protecting workers and or the workers families, under contracts with private companies, that loose there lives on 911 because the plane they are flying is hijacked and blown up; sorry I can’t help you nor can any amount of debate on the topic.
Rock, the two terms are different. (“Sense of entitlement” vs. “entitlements”) I believe that you are aware of that. Possibly not, is it possible that you made a mistake and confused the two terms? No. That couldn’t be it. I must be wrong.
Indeed, I do see the value of protecting workers, which is why I am so concerned with the cavalier attitude of some politicians regarding the citizens of our great Nation. I am also very much concerned that our State employees take more than they are entitled to through poorly written rules. Aren’t you. Or is the phrase “it is all perfectly legal” OK with you? Justice for some never equals justice for all.
I pointed out what I perceive as an injustice. I feel that ALL citizens should be protected, not just some. Again, I asked for input to justify the different treatments. Different rules for government employees and for the general public just sets up yet another privileged group that the unprivileged have to pay for. If you’re OK with that, so be it. I am not.
I am surprised at your refusal to admit that you used what I said completely out of context (i.e.- “sense of entitlement” vs. “entitlements”). Generally, you are more honest.
It is unfair for government employees to receive more than they are entitled to (as Kenny so astutely pointed out), I like his ideas. It hasn’t been stopped at all by those who continue the practice, because they are corrupt. I don’t like corruption. Honest and worthy employees should always receive what they deserve contractually. Unfortunately, those employees are rare among State employees. The legalized cheating (spiking, etc.) is rampant, double and triple dipping is commonplace and ethics are apparently missing. I know many State employees and every one is contemplating how they are going to manipulate their retirement to get more than they are entitled to. Every one.
I have no idea where 9/11 enters this discussion. I thought we were talking about California State Employees’ pension funds.
As I said, “no hard feelings”. This entire exercise has simply been to see if anyone can justify why taxpayers are responsible for mismanagement of their private retirement fund. No one can.
I thank you for your mostly polite conversation, whoever you are.
Rock,
Fact, etched in stone inflation hit the 18% per annum rate in late ’79, early ’80 time frame!
Cite it? Remember when you said stories ran on Fox & Forbes and they never did?!
Fact, inflation hit the 18% rate for a time under Carter. Further fact, inflation came down significantly under Reagan! And you can’t say deficits were a problem under Reagan, (thus something Clinton ‘fixed’) because you previously used a rationale where they aren’t a problem under Obama.
But you have a way to reform the pension problem, great! If doesn’t involve the taxpayer bailing the problem out, I hope it gets serious consideration.
Parker:
I suggest you folks do a little research before you speak.
Not sure what is driving this argument between you and Rock, but the last time the CPI (the measure of inflation) hit 18% was in 1947.
The highest the CPI reached in 1979 was 13.1 in Nov 1979 and 14.7% in April of 1980,
Please see these sites:
http://www.usinflationcalculator.com/inflation/historical-inflation-rates/
http://www.multpl.com/inflation/table
http://www.macrotrends.net/1466/inflation-rates-100-year-historical-chart
Rick
The Feb. 22, 1980 edition of the New York Daily News headline was ‘18% Inflation’. So Rick H., you should do more complete research before you make judgements!
Parker, I provided you official Bureau of Labor Statistics (the ones charged with estimating CPI), so you can go with the Daily rag or an official source. As an educated man, I go with the official source, not a News organization not known for accuracy.
Enjoy your alternative universe.
Rick
Mike. Do you know what copy and paste means, because it sounds like you don’t? Again, do NOT try to point fingers at me because or your own words and posts.
What Kenny wrote was his opinion… again his words NOT mine with comments like “I feel.., the rate should…, money should not…” Heck, Kenny could write, “I should be king.” Get the idea?
Ok, in your opinion there is unfairness, corruption and cheating. I could make a good argument that every decade since 1776 (an beyond) was full of the same.
You brought up United Airlines, Pensions and Bankruptcy, not me. Captain Victor J. Saracini was killed on 911 when flight 175 slammed into the Twin Towers and his widow/family lost their United Airlines Pension thanks to bankruptcy and had to live on a life insurance policy plus PBGC.
It is NOT mismanagement of Pensions in California that is the issue, it is the costs of the promises made to workers in contracts. You think those promises and contracts can be broken via bankruptcy, hence your UA example. I am saying it is not that easy. I proposed some changes to the Pension system in previous posts.
This is getting circular.
Get a glove.
As a Graduate of UC Berkeley I view myself as reasonably educated. Educated enough to not blindly buy into what the govt. generates. That’s why we have a free press!
If what you have at your access is the official govt. stats, being generated by the Carter Admin. in the middle of a tough reelection, actually a tough primary fight, at the time, fine. I’m educated enough to know that figures can be manipulated in a lot of ways, including by govt.
But 14.7% inflation, instead of 18%, is something to be proud of, great!
Now the original point of all this, is that this story is about a shortfall in CA Pensions. And people shouldn’t try to redirect current problems to past, many years past in fact, leaders.
We can all pick one that suits are tastes for a current issue. Or, we can try to deal with the current issue!
Rick, it really doesn’t mater if it was 18 or 15% both are extremely high. would you agree? It was very painful times in order to stop run away inflation the Fed had to jackup interest rates so much that mortgages hit 18%. Credit cards were even higher. Inflation came down pretty quickly and worked their way down to what we have now.
Parker, why are you fighting with Rock. For Rock all Democrats and Unions can do no wrong they are almost godlike, and all Republicans and the devil on earth(for goodness sakes he still loves Grey Davis who pretty much lied to get re elected)
Neither of you will change the others mind, why try.
Parker. I remember clearly, Democratic Presidents are better for the Economy.
You argued that you could not find them when the same 10 year old I know found them easily. Then you tried to argue that it was Newt Gingrich who improved the Economy.
When I gave you the original Princeton University source for the Fox, Forbes and other reports, that disputed your arguments, you attacked the Professors and the University.
I have already given some ideas on the pension reform subject in previous posts here.
This is getting circular.
Classic Parker. You brought Carter, inflation and Prop 13 into this thread; read your own first post. I was rebutting Dog U’s comment.
Finally. You wrote, “people shouldn’t try to redirect current problems to past…”
To that I will rebut with, “Those who cannot remember the past are condemned to repeat it.” George Santayana (who I believe was a Professor at Harvard)
It’s not citcular when you make stuff up! I never said Newt Gingrich was better, I said that it needed to be taken into context that there was a Republican Congress was a check counterbalance to Bill Clinton for most of the 90’s,
You furnished a report by a Dem. operative. And then made a false claim that it ran on Fox & Forbes. If it’s not false, then prove me wrong! It never on those networks or websites. Period!
Good to see you have a plan for CA Pensions. Hope you get your elected reps to act on it?!
And besides the NY Daily News headline, there are other sources that cite an 18% inflation at the time. Just was a good one to illustrate as it made the headline in conjunction with the great USA Hockey victory over the USSR!
Relo. In 1980 the CPI was NOT 15% (that was one month) it was 13.5% and it was 11% in 1974. There was an oil embargo thanks to OPEC in 1973 – 1974 or don’t you remember that?
We had plenty of Unions membership during the 1950’s and 1960’s, are you saying those decades were bad?
I have said for the record that I am NOT in any Union and was only in a Union for a short amount of time some 40 years ago.
Do you have any actual data to refute the Professors at Princeton?
In my opinion, Grey Davis was a much better Governor then Arnold even with the ENRON robbery. Or are you an ENRON/Ken Lay fan?
Parker. So, Princeton University is a “Dem. Operative,” and the Bureau of Labor Statistics are conspiring to help President Cartet and the New York Daily News still thinks there are WMD’s in Iraq… LOL!
rock…”There are three kinds of lies, lies, damned lies and statistics.” Mark Twain.
“Numbers don’t lie but people that lie use numbers.” Herman Cain
P.S. The most vile human trait is intellectual dishonesty.
Parker: You are clueless, and I am embarrassed as I also graduated from Berkeley with a Ph.D., in 1989.
You are nonsensical – Inflation has always been estimated by the Bureau of Labor Statistics – no one else actually calculates it. So news articles are suppose to quote (though the Daily News did a rather bad job) the official statistics because there is nothing else. I never made a claim about what was good or bad, merely provided factual evidence of what the inflation was on a month by month basis. You guys were having an argument on false numbers. Facts are facts, get those right and then have at, but do not claim to be educated, use false numbers claiming those are right – see it is in a news article must be right, attack someone who points out you were relying on false numbers, and when shown you were incorrect in your assertion, instead of saying oh, thanks for the correct source…..
Rick
Robin. And “opinions are like @sshΘles… everybody’s got one.”
☺
Rock, Please do not speak for me nor include me in your tirade. Why would you write or imply that I would write “I should be king” This is how rumors start. You do not know me nor do you know what my aspirations are. You usually have something positive to say but then blow it by going on a rant and deflecting the conversation with a not so intelligent statement. Thanks
“P.S. The most vile human trait is intellectual dishonesty.”
Says a person who will not address questions or elaborate on convoluted statements…
billy…”P.S. The most vile human trait is intellectual dishonesty.”
Needs no explanation and as far as ‘explaining’ anything Mark Twain or Herman Cain said…well….hmmmmm that’s probably best left to a genius like yourself.
Again: “Says a person who will not address questions or elaborate on convoluted statements…”
You have disgraced yourself with your intellectual cowardice, use of logical fallacies and overall lack of substance. Portraying yourself as someone who values intellectual honesty is a charade. You can’t possibly expect anyone to take you seriously.
Figure out this acronym on your own: GFY.
billy…Robin attempts to stay with the subject of the article presented by LTN.
Acronym definitions: GFY(Good For You) GFY(Government Fiscal Year)
Robin referring to yourself in the third party is Illeism. “Idiosyncratic and conceited people are known to either use or are lampooned as using Illeism to puff themselves up or illustrate their egoism” per Wikipedia.
My….You have no idea. The stories don’t hold a candle to the truth.
Most of the posters on this LTN blog have ‘debunked’ Wiki as they contend it is not a credible source