You got to laught about Pensions

So, as any reader will know, I have talked about the DWP (water) and pensions. Government pensions. I have a couple of articles for you. The first one is about how American Governmental Pensions were investing in Israel. The article is from 2006. It talks about a junket to Israel by our pension leaders.

CalPers was particularly interested in investing in WATER technology that Israel was developing. They were also interested in stem cell research. Now, the World Pension Fund director invited them to meet with Olmert. He was Trade Minister for Israel.

The trip

Mr. Olmert became Prime Minister of Israel. They say he is the most corrupt one in history. Currently, he is hiding in Madrid as was reported today.

Mr. Olmert

Hmmmm. Something is coming together and it only gets worse. Lets see if I remember correctly. The City of Los Angeles' pension fund and CalPers invested in a group called CIM. CIM then bought land in Kern county for a wind farm and intended to sell it to DWP at twice what they paid. A clear conflict of interest.

After that, a man that sat on the Boards for CalPers and Lacers was arrested in New York for bribing people on the New York Pension Boards. He and others regularly sent people on trips to Israel and Italy. The man copped a plea and is giving up the accomplices. Now CalPers is being investigated by the Fed. Remember kids, you read it here first.

Oh, you might wonder how the investments did. They did miserable.

Israel VC funds did badly by CalPers

CIM Group and Broidy

Broidy and Corruption

And then we have Markstone. Olmert came to California just to meet with investors including Broidy who ran Markstone.

A get together

Okay, you can run the searches yourself. There is plenty to find. Run Olmert and Broidy, or Olmert and Markstone, or CIM and Broidy or CIM and DWP. Whatever, it all comes out the same. It is a chain and everyone is going to jail for corruption. Contrary to the ex's beliefs, I am still a damn fine analyst and have not lost my ability to figure things out.

I wrote about some of this over a year ago and have been talking about it for longer. The pieces include water, corruption, pensions and Israel. The people include Olmert, Broidy and Villalobos. Government pensions were being used by politicians for a political end and corruption ensued. The dollar amounts are staggering.

The arrests that were made in New Jersey and New York were only the beginning. This sucker is gonna take down whole states. With government pensions already a billion dollars in the red, what happens when it turns out it was the government that was misusing the funds. Don't think Presidents were not involved either. Look at the connections if you do the research.

Obama, Shwarzenneger and Villaraigosa are all buddies. They attended the Copenhagen Climate Conferance together. They are connected in ways that make no sense. They met in Los Angeles (search the names together on youtube and you can watch). There are no parties, only interests.

So what do you think? What do you think of our country? What do you think of the economy? Kiddies, the game is fixed. There is a club and you are not a member. Question is, who is?

A little over three years ago I woke up. When I did, I didn't like what I saw. I did what an analyst does, I started researching. Then I liked things even less. Still, research must be published. I started the blog. We have been many places, it started with a discussion of our importance as aware beings. I do not know where or when it will end, depends on what I find next.

I taught my kids the following: "Don't lie, don't cheat and don't steal and nobody will come at night arrest you and take all that you did earn". That is a motto I can live with. It is a sentiment we should all have. On the chance that children might read my blog, I will not use the words that come naturally. They have less than five letters and more than three.

The investigations are converging. It should be obvious. Broidy gave up everyone. DWP is being audited as I write. The pension funds are being investigated. Olmert is under investigation.

I like to take a circular road, I like to let a story slowly explain itself. Any regular reader knows I start from the outside and work my way in. Context before the points are made. It is an approach that I prefer. It is more elegant and harder to see where one is going.

I hope you have enjoyed the journey thus far. Be well.