Thursday, December 18, 2008

John Bos: Lake Wobegon School Retirement System

From John Bos, December 17, 2008
Subject: Retirement System Bonus in Pennsylvania. Tim can say that this is false information, but 5 major Pennsylvania Newspapers have reported the same story.
Hey Friends,
After a 10 minute search regarding the Pennsylvania Retirement System Bonus and other related hits on bonus, I am reminded of one of my favorite American citizens: Garrison Keillor once said that all of the students in Lake Wobegon where all of the women are strong, all the men are good-looking, and all the children are above average.
The one theme that keeps coming back is that "each state" says that their returns are the best and that their "investment experts" are the best in the business.
Something is wrong when they all sing the same song. Perhaps all of these ABOVE AVERAGE INVESTMENT EXPERTS should assume responsibility for the Lake Wobegon School Retirement System Pro bono.
John Bos
Larry KehresMount Union Collge
Division III
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