The Stapler™️ wrote again on the draft K-6 curriculum. It is a sight to see. I won't link to it because he has had me blocked ever since I explained pensions to him. I will, however summarize his argument... #AbLeg#handsoffmypension
He seems to now agree that the draft curriculum is a steaming pile of horse manure. And, he tries to convince the humble reader that he has been digging through that warm, stinky pile of shit only to find a couple of undigested kernels of grain. #AbLeg
He is busy eating those crap covered kernels telling us that they taste good and that we should eat a substantial part of the manure pile. (He claims one part of the draft English Language Arts curriculum is good even though he fails to parse the pedagogy.) #AbLeg
May I remind you that Dr. Georgiou's (reading program) work is already used across AB under the current program of studies. #AbLeg#handsoffmypension
This is your daily pension announcement: The Pension War Room™️observes that two existential risks are still present for ATRF and the other public sector pension plans. These both reside with the GOA. Summary below. #AbLeg#handsoffmypension
First, the AIMCO Board is entirely appointed (and removed) by Travis. This does not meet the bar required for AIMCO to be "independent" as Travis is so fond of saying. It also does not meet the best practice of the much vaunted Canadian Pension Model. #AbLeg#handsoffmypension
I suspect that @MarkDWiseman knows this and knows what needs to be done to fix it. 80% of AIMCO's business is investing for pension plans and NONE of those plans have any Board level influence. The whole structure of the AIMCO Board needs to change. #ABLeg
This is you daily pension announcement: pension news seems to have been overtaken by other events! There seem to be several members of cabinet who believe that our way out of this pandemic is to open another ICU. They have no understanding of labor economics. #AbLeg
You can't go to the unemployment line and expect to find College certified emerg docs and fully trained ICU nurses. It takes years to build up a reservoir of professional skills like this. #AbLeg
In pension news, please remember the ATRF investment employees who will now be moving to AIMCO over the next couple of months. I hope they will continue their great work in their new home. Their skill and dedication at ATRF was unmatched. #AbLeg
This is a curriculum announcement! A reminder that our current (strong) curriculum was developed over about 35 years of PC rule. The draft that was thrown away was developed under the PC and NDP. Calling it the "NDP curriculum" is simply not accurate. #AbLeg#ditchthedraft
In fact, our current curriculum is followed by many schools in other countries. That is yet another reminder of the strength of our education system. Put that together with the MacKinnon Report that shows K-12 education costs in AB are low and we have the deal of deals. #AbLeg
Only BC is lower cost (mainly because BC doesn't support private schools or the same level of busing). We had (historically) strong curriculum development process here. The process we had has been totally abandoned now. And, instead the draft is run up to cabinet every other week
The Pension War Room™️ declares total victory over AIMCO! I was advised earlier that ATRF and AIMCO have just inked a 50-page investment management agreement. As this new IMA contains everything we were asking for, the lawsuit was discontinued this morning.
This is your daily pension update: LAPP, SFPP, and PSPP are watching the ATA pension court case with bated breath. It is possible, depending on the decision, that we could see mucho legal action on behalf of these plans. #AbLeg#goteam
I would caution you that their situation is a bit different because those plans already use AIMCO as an investment manager. #AbLeg#handsoffmypension
I will remind everyone (again) that the Teachers' Pension Plan Act gives the responsibility for investing the assets of the plan to the ATRF Board not AIMCO and certainly not Travis. What kind of advice is he getting? #AbLeg#handsoffmypeension
This is your daily pension announcement: yesterday was the second and final day in court for The Pension War Room™️ and the ATA. It started with the judge telling the GOA that their interpretation of (the contested) section 3.8 of the IMA was "way off base". #AbLeg
It was clear from the questions that the judge was asking that she understood where the GOA was moving into the ridiculous.
Our torch of righteousness was borne well into the courtroom.
There are many issues for the judge to decide here in the application of administrative law. So it may take awhile for a decision to be rendered. #AbLeg