Gibson Guitars Files For Bankruptcy

I’m a Fender guy but this still makes me sad.

Source article here.

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Data shows 400 pension funds could trigger garnishment – Wirepoints Special Report April 16, 2018

It’s foolish to think that garnishments are going to solve anything. Taxpayers in municipalities across the state – who already pay the highest property taxes in the nation – have been putting more and more money into pensions, only to watch the funds continue to deteriorate.

Despite a doubling of taxpayer contributions since 2005, police and fire pension debts have doubled to $10 billion instead of shrunk, while funding ratios have fallen.

HT – Tyler Durden at ZeroHedge.

 

Work From Home? Join the Club

FlexJobs just did a state-by-state analysis of telecommuting based on Census data and found that Colorado, Vermont, and Oregon continue to top the list, as they have for the past five years.

Graphic courtesy of flexjobs.

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In May 2018 I will have worked from home for 12 years.

The laundry is always caught up, someone is home for the service calls, and dinner is on the table at a reasonably normal hour.

The Great College Loan Swindle

America as a country has evolved in recent decades into a confederacy of widescale industrial scams. The biggest slices of our economic pie – sectors like health care, military production, banking, even commercial and residential real estate – have become crude income-redistribution schemes, often untethered from the market by subsidies or bailouts, with the richest companies benefiting from gamed or denuded regulatory systems that make profits almost as assured as taxes. Guaranteed-profit scams – that’s the last thing America makes with any level of consistent competence.

Going to college doesn’t guarantee a good job, far from it, but the data show that not going dooms most young people to an increasingly shallow pool of the very crappiest, lowest-paying jobs. There’s a lot of stick, but not much carrot, in the education game.

An interesting point of view and well worth reading.  Click here for the full Rolling Stone article.

 

The Upsides and Downsides of Telecommuting

Workers who “telecommute” appear to have a lot more job satisfaction than folks who report to an office every day.  But that positive comes with trade-offs. Remote employees may also have a harder time separating work from their personal lives, and they can become socially isolated.

Source: The Upsides and Downsides of Telecommuting

Friends?  The wine shop manager, grocery store employees, and staff at the YMCA.

No, I’m not socially isolated.

Americans Are Retiring Later, Dying Sooner and Sicker In-Between – Bloomberg

Here are the stats: The U.S. age-adjusted mortality rate—a measure of the number of deaths per year—rose 1.2 percent from 2014 to 2015, according to the Society of Actuaries. That’s the first year-over-year increase since 2005, and only the second rise greater than 1 percent since 1980.

Source: Americans Are Retiring Later, Dying Sooner and Sicker In-Between – Bloomberg

Yikes!