Discover and read the best of Twitter Threads about #fail

Most recents (24)

This is your daily pension announcement: The Pension War Room™️ is at action stations yet again. Take a read here, truthfulness rated at 5 out of 5 . #ABLeg

albertapolitics.ca/2020/05/can-ke…
My favorite quote:
"As the Globe and Mail reported on May 6, in a story unfortunately hidden behind its paywall, AIMCo. has been significantly underperforming other pension managers for more than a decade." #ABLeg #handsoffmypension
And:
"Of course, that fact didn’t stop Alberta Finance Minister Travis Toews from claiming last fall in a Postmedia op-ed accusing “union bosses” of “scaremongering” that AIMCo “regularly achieves spectacular investment performance.”"
#ABLeg
Read 11 tweets
This is your daily pension announcement: Good news for LAPP members! Not so good news for everyone else invested with AIMCO.... #ABLeg
Read the following message carefully where the CEO of LAPP rips AIMCO a new one: #owthathurts

lapp.ca/page/whats-new…
A couple of germane points to be made. First, your pension benefits are safe. Even though LAPP have endured huge losses the plan is still 109% funded (down from118%, anything north of 95% is great). LAPP could have reduced contributions, but no. #ABLeg
This is a testament to the hard work and dedication of the LAPP Corporate Board. An excellent result.

And, no thanks to AIMCO.

(For teachers, just a reminder that your pension contributions will go down in the fall due to strong ATRF returns.) #ABLeg
Read 14 tweets
Milan’s transit system saying “all staff on the pitch,” as they reopen from one of the biggest outbreaks in the world.

Look at Metro’s “GM” in comparison.

So embarrassing and screwed up. #wmata
Milan’s post virus service atm.it/en/ViaggiaConN…
The “challenges” the “GM” cites are universal to anyone who works. #amazing #fail
Read 4 tweets
This is your daily pension announcement: The remember when edition! Remember when Kevin said that if pension plans under AIMCO were dissatisfied they could write a letter to the AIMCO Board? I think it was back in December.... #ABLeg #AIMCOfail
Which is the ultimate problem. Pension plans have no means to hold AIMCO accountable for its poor decisions. Its board structure is really from another era and more approriate for only the Heritage Fund. #ABLeg #handsoffmypension
So I bet the AIMCO Board will be getting some strongly worded letters about the evaporation of $2.1 billion (so far). That is a weak response given the circumstances.

My central point is that the board would behave differently if the pension plans appointed the members. #ABLeg
Read 8 tweets
This is your daily pension announcement: The Globe and Mail is a giant murder hornet in AIMCO's butt cheek edition. Sic burns🔥🔥🔥🔥 ahead! #ABLeg @jkenney

theglobeandmail.com/opinion/articl…
Max does a great job of reminding us that we really need pension help for the teachers and ALL the other provincial plans. His theme is that Travis through his Bill 22 pandering has only made a bad situation worse. #ABLeg #handsoffmypension #AIMCOfail
So, I will jump into this dumpster fire of lies for your edification, as it is my solemn duty.

Lie number one: "...UCP government’s belief that, as Finance Minister Travis Toews wrote in a November op-ed, AIMCo “regularly achieves spectacular investment performance.”" #ABLeg
Read 16 tweets
This is your daily pension announcement: If you want details on the mechanics of evaporating $2.1 billion dollars (so far) read Pension Pulse below. If you just want the highlights stick with my tweets. #ABLeg

pensionpulse.blogspot.com/2020/05/aimcos…
Leo does an excellent job of rounding up what you do if you lose big bucks on a financial instrument that you don't understand.
1. Don't let Kevin make the announcement, that job belongs to the Board Chair J. Richard Bird. A man we have yet to hear from. #ABLeg #handsoffmypension
2. The Board Chair needs to immediately hire a third party firm to investigate the entire volatility strategy.

3. Make that public in a short statement and set a three month time frame to publish an in-depth report which also needs to be public. #ABLeg #AIMCOfail
Read 12 tweets
This is your daily pension announcement: The Pension War Room™️ declares Kevin 50% right about the loss! If you have not yet read Kevin's missive it is available below. Cynical folk might classify it as a hail Mary in an attempt to keep his job. #ABLeg

aimco.alberta.ca
No surprises, I have some concerns about what Kevin (most likely his flack) has said.

"Amid recent media coverage, it would be easy to think Albertans’ public retirement investments are at risk. Let me reassure you, they are not."
#ABLeg #itisonlymoney #handsoffmypension
True to an extent. The pension plans are not in danger of folding. Just throwing away money in unfathomable amounts. Then Kevin will come to your pay cheque for what will be thousands of more dollars per person of contributions. Thanks Kevin. #ABLeg #kevinfail
Read 15 tweets
1/ #StopCovid "Y'a un tel enjeu sanitaire que je ne vois pas Apple & Google, qui prennent en otage les États, opposer aux autorités sanitaires que non, pas question de toucher au Bluetooth à cause de la batterie. Mais si demain c'est mort-né, ben c'est pas grave", dixit @Aymeril
2/ Sauf que...:
. il n'y a pas qu'Apple à bloquer le Bluetooth en tâche de fond, tout plein d'Android le font aussi : dontkillmyapp.com
. ce n'est pas que pour épargner la batterie, c'est aussi pour éviter que d'autres app' utilisent le Bluetooth pour surveiller les gens.
3/ #StopCovid ne servira donc à rien avec les iPhone et Android qui bloquent le Bluetooth en arrière-plan, et @Aymeril le reconnaît dans l'itw; la question est : pourquoi ne pas l'avoir intégré dès le début dans le cahier des charges, alors qu'on le savait grâce à TraceTogether ?
Read 13 tweets
This is your daily pension announcement. All public sector pension members must read this!

"Kenney seems not to understand the teachers' concerns. Or, perhaps more accurately, he understands perfectly well what they're saying but has turned a deaf ear."

cbc.ca/news/canada/ed…
And from the indefagable @schill_dawg :
"There will still be an ATRF board. The board can give suggestions to AIMCo, in terms of investment management strategies, but they don't always have to follow it."
10-1 odds @jkenney flips out at the next Q.
#ABLeg #igotaproblemwiththat
I take no delight in the present festering cesspool of affairs. In fact, I will mention that Institutional Investor had more things to say about AIMCo today. I will reproduce the saucy bits here as it is for subscribers only and subscriptions are US$1,200 per year. #ABLeg #fail
Read 6 tweets
This is your daily pension announcement: Emergent lies edition! @jkenney @EmmaLGraney @CGriwkowsky

Just so you know most of what @jkenney just said about the AIMCo losses was false.

DM me if you want more. But, this is remarkable because it is not normal market volatility.
The losses reported were in ADDITION to market volatility losses not INSTEAD.

Mercer's says through COVID the average Canadian pension fund has lost 8.1%. The G&M yesterday (and LAPP confirmed) said that AIMCo lost $4 billion (~4%) ON TOP of normal market volatility. #ABLeg
For example, that would be -12.1% for AIMCo and -8.1% for the average pension fund.

The $4 billion has just evaporated. It is not like your stocks have gone down in price and you can wait for them to recover post-COVID. This money is gone. #ABLeg
Read 11 tweets
Dette er tullete og viser at @regjering
mangler teknologiforståelse. nrk.no/norge/ny-lov_-… 1/
Masseovervåkning betyr at alle som bruker Internet er ansett av myndighetene for å være potensielt kriminelle.Det er etisk problematisk og feil i demokrati som bør ha rettstatsprinsipper. Domstolskontroll på å søke er knapt nok et plaster på såret. Dataene er allerede lagret /2
Det også SVÆRT ENKELT å omgå slik overvåkning. Registrer en konto hos @PrivateTunnel (PT; jeg jobber for OpenVPN Inc).Da vil all Internet trafikk gå via denne tjenesten, og masseovervåkningen viser at du bare kommuniserer med en enkelt server i utlandet. /3
Read 11 tweets
This is your daily pension announcement: Hot of the press edition: this is not good news, not good at all. #handsoffmypension #ABLeg

institutionalinvestor.com/article/b1l9c8…
Loyal Tweeps, I descend into the septic holding tank of institutional investment for your education. These people will soon be managing the single largest asset my family has. I quote:

"The now-defunct volatility-trading program cost pensioners and Albertans about $3 billion"
"Canada boasts some of the world’s most sophisticated and best performing public investment funds, which essentially operate like Wall Street firms but siphon profits to ex-bus drivers and retired nurses. "

"AIMCo is not among that top tier, experts and data suggest. " #ABLeg
Read 12 tweets
Did you know that it is illegal, under local shutdown rules, to play golf in some CA counties, but legal in other counties (correctly). If you can't stay six feet away from other golfers and keep from touching them, you're not doing it right. My firm will be filing lawsuits soon.
2And in case you are wondering, which counties are allowing things other counties are banning? Why, normally you might expect your local news media to do some legwork (they are exempt from shutdown) and get that info and tell you, but .... that would require them to take a break/
3/ from 1) breathlessly and uncritically reporting the shutdown riffs of @GavinNewsom, or 2) bashing the President; or 3) sneering at the great unwashed masses who would like to have their lives back, would like to pray, would like to surf, fish, or play some golf safely./
Read 4 tweets
This is your daily pension announcement: The crazy shit from Danielle Smith edition!
"The question the government should be asking is: Why are people going to alternative sources to get information? I’ll tell you why." #fail

calgaryherald.com/opinion/column…
Trust Danielle to apply a political paradigm to a medical issue. According to her people are flocking to "alternative" sources because governments are lying.😲 Nope. If you have just discovered a new virus you communicate the best information you have at the time. #fail
Human understanding rapidly evolves as more experience is had. To accept Danielle's premise is to accept that doctors all over the world were in possession of all the COVID facts as of Jan1, 2020. Medical professionals learning quickly and adjusting is not incorrect information.
Read 6 tweets
1. Last night I started working on a #Covid19 dashboard for New Zealand that scrapes data from health.govt.nz/our-work/disea…

Today I'm trying to work out how I can best serve up the data experience I want given the strengths, constraints of the tool. I'll live tweet thoughts as I go.
2. First up, I did a critique of existing charts and dashboards covering the NZ situation. I cut them into an Excel doc, with one tab for each provider. Here's a collection of vis from the page at stuff.co.nz/national/healt…
3. Then I did a review. I tweeted some of this. Lots of viz that was intermediate at best. Opportunity lost.

Newsroom:

Ministry of Health:

ESR:

Stuff (yet to do more critique):
Read 93 tweets
Starting a series on clinical Pearls I am gathering in #COVID19 patients based on experiences of many experts

Will add as we go along

Feel free to add your own observations/experiences

#covidclinicalpearls /1
Anosmia is likely the most specific #COVID19 related symptom
30% of patients have anosmia as their 1st symptom
#covidclinicalpearls /2
Around 90% of patients have fever.
50% maybe afebrile at the time of presentation
Fever tends to be very resistant to routine measures in hospitalized patients
There is no consensus that NSAIDs are to be avoided in #COVID2019 patients

#covidclinicalpearls /3
Read 66 tweets
New drops (28 Mar '20). 4th repost of how [they] control via propaganda. New text > our value to [them]. #3 left blank. I suspect it's re: nefarious purposes (sex trafficking/Satanic rituals). Votes influenced by propaganda. Antifa used to intimidate free thinkers. #FAIL
2. GA was designed/created as backchannel to public (bypass media) & aid in construction of "a ‘starter’ new social-networking platform which allows for freedom of thought, expression, and patriotism or national pride."

POTUS told us they were doing this.
3. Repost of drop 2446 fm 6 Nov 2018, the day of the 2018 midterm elections when voter fraud enabled Dems to win the House, but 53-47 in the Senate was the target. We MUST win the House back in Nov!

"We elected TRAITORS to govern us.
We allowed EVIL to prey on us."
Read 4 tweets
Horrible idea.

The only historical data location data govt. can access is cell tower based triangulation.(Assuming operators have it.)

Accuracy of cell tower location is anywhere from a few hundred metres to a few kms.

Many many times the distance the virus can infect you.
For real time tracking, the COVID-19 patients will need to be carrying their mobile phone with them at all times with a govt. spyware app installed on their phone.

Which is an even more horrible idea, because it's literally a beacon for rabid mobs to find you.
The Corona Kavach app needs access to

- Location (Netowrk and GPS)
- Phone Status and identity.
- Bluetooth
- Full Network access.

but....
Read 30 tweets
This is your daily pension announcement: I live to quarantine edition! Well pension army, time for a stroll down memory lane... back in 1992 an agreement was struck to deal with the teachers' pension plan unfunded liability. #ABLeg #handsoffmypension
The primary cause of that UFL was the GOA not making (the required) contributions to the plan and instead kicking the can down the road by funding benefits much later. Teachers (being a joint plan) negotiated to pick up 1/3 of the cost. That cost was 1.6% of pay. #ABLeg #notgood
Imagine the shock of teachers when not more than two years later they learn that the UFL had been seriously underestimated. So UFL contributions went up by 100% to 3.2% of every pay cheque. #ABLeg
Read 7 tweets
This is your daily pension announcement: The truth Orr lies edition! @RonOrrMLA is at it again. Most MLAs stick to the script they are given, not Ron, MLA for Lacombe-Ponoka. In a recent communication to a constituent he said...
#ABLeg #handsoffmypension
"the pension (ATRF) was originally created under Government of Alberta legislation in the legislature."

This non sequitur ignores the fact that all AB laws come from the legislature. Also, fails to mention that ATRF was jointly sponsored by the GOA and ATA. #ABLeg #fail
He also said:
"It (the ATRF) exists under the ongoing authority of the government."

So again, even though the GOA makes less than half the contributions and has been joint with the ATA for 80 years it only exists under the GOA? Really? #poorviewofhistory #ABleg
Read 8 tweets
Please refer @nateglubish to the Mackinnon report. Report commissioned, results presented entirely publicly before the budget. Could have done the same thing with ATRF. Or, you could have hired @Aon_plc to do the same thing confidentially. #AbLeg #ABEd
Next, make it clear to @nateglubish that the ATRF is not part of the GOA consolidated reporting. So its costs and revenues do not even appear on the GOA bottom line. #AbLeg #handsoffmypension
The very next thing is to let @nateglubish know that the money in the fund is not his. (Refer him to the Teachers' Pension Plan Act where it says something like "funds are held for the beneficial interest of plan members".) #ABLeg #handsoffmypension
Read 9 tweets
This is your daily pension announcement: The Pension War Room™️ is in self-isolation! The good news is that I have several cases of Corona beer purchased at a significant discount. Now I will be able to devote my time to sharing my pension knowledge..... #handsoffmypension #ABLeg
In other news, I am happy to report that Kevin has been appointed to @jkenney's economic recovery panel. Despite impressions that I may have given you he is a pretty smart guy. Not so for some of the other people on the panel. #ABLeg
I would opine that it might be a bit early strike such a panel as we have not reached the bottom of the current decline. The economy is still contracting by the day. And, as @AB_MD_WarRoom, points out so clearly, Shandy is doing his best to cause further economic contraction. #FU
Read 15 tweets
This is your daily pension announcement: The Look at What This Asshat Said Edition. Well, he says some true things and some not so much. #ABLeg #handsoffmypension

calgaryherald.com/opinion/column…
Ahh.. Postmedia💩 I will stay in my lane and deal with education portion of this editorial. Or maybe the problem is just over-generalization...
#ABLeg #ABed #fail
Check out this quote...
"Sure, well-paid consultants can browse the provincial books before pointing out the bleedin’ obvious: that we pay more per head for public services, yet this doesn’t translate into better outcomes. That’s simple number-crunching." #nottrue #bullshit #ABLeg
Read 9 tweets
🔥@BrianKarem:”With so few (#coronavirus) tests being done and the incubation rate being as much as 2 weeks, how can we accurately say that the risk is low, at this point?”

Pence:😳

More on Pence/Trump’s inept response to #COVID19 with quotes from me.👇🏼
playboy.com/read/karem-cor…
“Dr. Grayson...has overseen the development of broad-spectrum antiviral drugs against deadly viruses. She believes the Trump administration has badly fumbled its attempts to contain #COVID19: ‘We are behind the eight ball...This checks all the boxes for a global #pandemic’.”
“The government’s response to #COVID19 is ‘totally catastrophic. A total #fail’.” ~me, quoted in this blistering piece about #coronavirus task force “leader” Mike Pence’s disastrous press briefing on our nation’s response to the #CoronavirusOutbreak.

Read 3 tweets

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