20160608 VPE biz portrait Compressed 75pct

PERA Pressures Public and Private Purses

Colorado’s Public Employee Retirement Association, the massive public sector retirement administrator, is poised to disappoint public employees and rip a bigger hole in taxpayer pockets if the economy does not grow as PERA expects.  It is short by $22 billion[i], or $12,000 per Eagle County household. It has a delicate thirty-year plan to fill the Read More

20160608 VPE biz portrait Compressed 75pct

TBD Colorado teeing up bid for tax hike?

Brace yourself for higher taxes. Gov. John Hickenlooper’s public engagement effort, “TBD Colorado,” visited the Eagle Valley recently. TBD stands for To Be Determined, meant to convey open-endedness. There were three local meetings billed as attempts to gather citizens’ ideas on the future of Colorado’s public sector endeavors. The state has perennial trouble balancing ambitious Read More

20160608 VPE biz portrait Compressed 75pct

Elections – Mangling the People’s Will

“Don’t vote, it just encourages the scoundrels”. So writes humorist PJ O’Rourke. He has a point. Symbolic elections endorse bad governance. Elections decide candidates, seldom actual issues. Candidates avoid specifics, they posture. Once in office, they waffle, they trade their votes, and they switch positions. Current elections are quirky, too. If candidate A had a Read More

20160608 VPE biz portrait Compressed 75pct

Tilted Tables, Election Bias

The youngest amongst us may never have heard the slogan, “there’s a sucker born every minute”. That ignorance is a testament to today’s sanitized commercial environment, at least at the retail level. Lenders must give borrowers Truth-in-Lending papers before they sign. Home sellers are required to disclose flaws before they can sell. Mutual funds must Read More