Comment

Comment by Steven Hall on November 24, 2011 at 3:29am

Billie, Beatifully expresses thoughts of gratitude to our great God, for our military, and the price they have paid for our dear freedoms. Blessings, Steve Hall

Comment by DURWIN WALTER DAVIS on November 17, 2011 at 9:31pm

Unfortunately, I point out, that as corrupt as the federales of the current Chicago oriented mob in the whitehouse and congress are, Jacksonville continues to parallel with olympic class corruption.

  I recently obtained performance results regarding the 3 City pension funds, which were published by a consulting firm called Summit.   All 3 City pension funds use Summit for several purposes, including the computation of achieved rates of return.  The results show that the 3 City pension plans/funds (General Employees' and Corrections Officers', which are administered jointly by the City CFO and a 9 member board), and the Police and Fire Pension Fund (PFPF), which is separately administered, all had below average performances.   Some highlights:   

(1) The First two plans - General Employees and Corrections Officers Pension Plans (GEPP and COPP), earned 1.20% in fiscal 2011 and 1.91 % per annum for the last 5 fiscal years, BEFORE taking into account costs.    Net returns were about 0.7% and 1.4% respectively.   

(2) If those 2 plans had simply indexed all of their assets, they would not have incurred most of their approx $7 million per annum costs, and further would have had higher returns - about 2.3% is fiscal 2011, and about 1.6% per annum for the 5 years.   I.e., active management (instead of indexing) notably hurt, especially in fiscal 2011.   

(3) The PFPF did worse - it earned 0.54% in fiscal 2011, and 1.87% per annum for the last 5 years.    Because the PFPF has higher costs as a percentage of assets than the COPP and GEPP do, (PFPF costs have run at about $7 million per year), the net returns were  about negative 0.2% for fiscal 2011, and 1.1% per annum for the last 5 fiscal years.   The PFPF also was notably hurt by relying on active management instead of indexing.   

These returns, of course, are far less than the historical assumed rates of return, of 8.4% (GEPP and COPP), and 8.5% (PFPF).   Even though these assumed rates of return will soon be reduced to about 8%, these are still horrible returns.  

Comment by DURWIN WALTER DAVIS on November 16, 2011 at 8:32pm

Latest Obama: Who’s ID’d as organ donor?

November 16, 2011

Officials running a federal program that is considering redefining death are going to be seeking further public comment after members of the Christian Medical Association raised alarms about several problems, including what they believe would be an open door to pressure families to donate organs before their loved one has died.

The proposal could move the federal government closer into alignment with what has been proposed by longtime Barack Obama adviser Cass Sunstein.

Obama’s “regulatory czar” was revealed in 2009 to have pushed strongly for the removal of organs from those who did not give their consent to becoming an organ donor.

In his book, “Nudge: Improving Decisions about Health, Wealth and Happiness,” Sunstein and co-author Richard Thaler presented the possibility of the “routine removal” of organs because “the state owns the rights to body parts of people who are dead or in certain hopeless conditions, and it can remove their organs without asking anyone’s permission.”

Comment by DURWIN WALTER DAVIS on November 16, 2011 at 8:07pm

FLORIDA  SUNSHINE STATUTES A JOKE IN JACKSONVILLE

• Brown said he already has met with up to 10 Council members and will “absolutely” meet with all of them. According to his posted schedule, he will meet today with Council members Richard Clark, Don Redman, Warren Jones, John Crescimbeni, Matt Schellenberg and Robin Lumb. “I’m meeting with them every day, based on their schedules.” 

One at a time or are these public Sunshine meetings?

Comment by Arthur Crounse on November 12, 2011 at 5:50pm

For GOD and Country  post 88 Jacksonville, Fl.

Comment by Doyle on November 11, 2011 at 11:29am

I've just returned from the Jacksonville National Cemetery where each Veterans Day there's a parade of a different kind. There are no marching bands or clapping and cheering throngs. Instead, there's a steady stream of people -- some in small family groups; others individually -- taking flowers and small flags to the markers of their own veterans.

We appreciate the service members who protect us now. And we appreciate those who protected us in the past who are no longer with us.

Comment by Sharon D. Pulliam on November 11, 2011 at 10:36am

Kurt L.   We also fly the flag every day...our youngest son is a Marine vet.  Two weeks ago our grandson graduated from the Air Force boot camp in San Antonio...both of our guys walk tall and love this country.  We spend a lot of time around the Marine base in 29 Palms.  We are so blessed in this country to have young men and women like those we have met on our bases.  Thank you Kurt for what you have given to all of us.  Also, thanks to the Tea Party for waking us all up and getting us off our duffs to fight to take this country back from those who seem to want to destroy it.

Comment by Mary Jane Travis on November 11, 2011 at 9:53am

AMEN-- and thank you again Veterans- we owe you our lives!!

Comment by Audrey Stricker on November 11, 2011 at 9:51am

Here is a hug and a big THANK YOU to all veterans and their families. May God love you all.

Comment by J. Crosby on November 11, 2011 at 9:12am

THANK YOU to all the veterans who are a member of the FCTP or any other TEA party affiliation, that might read this board.  Extending also, of course, to the ones that are not members of our movement for their sacrifices and commitment to our country, the Great USA!! 

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