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Saturday, February 24, 2018

The CalPERS board voted to change the period for recouping future investment losses from 30 years to 20 years. The bottom line is that it will require the state government and thousands of local government agencies and school districts to ramp up their mandatory contributions to the huge trust fund. read more

The world is about 100 times wealthier than 200 years ago and, contrary to popular belief, its wealth is more evenly distributed. The share of people killed annually in wars is less than a quarter of that in the 1980s and half a percent of the toll in the second world war. During the 20th century Americans became 96% less likely to die in a car crash, 92% less likely to perish in a fire and 95% less likely to expire on the job. read more

A student with a shotgun made a terrorist threat against East High School on social media, according to Rochester police. Abigail Hernandez, 21, is charged with making a terroristic threat, a felony. She is currently in the Buffalo Federal Detention Center in Batavia because she is an undocumented immigrant, Rochester Deputy Mayor Cedric Alexander said. read more

Friday, February 23, 2018

NEW YORK -- A racially insensitive menu for a Black History Month meal at New York University has led to a company apology and workers being fired. According to The New York Times, NYU President Andrew Hamilton said it was "inexcusably insensitive" for a food service company to feature barbecued ribs, corn bread, collard greens, and beverages with racist connotations: Kool-Aid and watermelon-flavored water. Sophomore Nia Harris, who is black, said the head cook dismissed her objections and told her black employees planned the menu. She posted about the menu and her experience on Facebook, saying she "was lied to, placated, and ignored." read more

Wednesday, February 21, 2018

When is Texas going to turn blue? Election wonks obsess over this question. For years, panicky Republicans and optimistic Democrats have looked at the state's growing Hispanic population, the increasing size and strength of the state's cities, and the declining power of rural vote in an attempt to gauge exactly when this reliably Republican state will become a marginally Republican or even light blue state. The estimates vary, but the conclusion is typically the same -- that changing demographics will be responsible for Texas's eventual Democratic majority. read more


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