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HuskerNBigD

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Everything posted by HuskerNBigD

  1. Five year olds are able to construct better arguments than this buffoon. They can also comprehend that global warming leads to more severe and extreme weather patterns, not just warmer weather.
  2. To add to this, even though the Bo recording was only seven years ago, I feel that apps such as snapchat and instagram are much more common place today and it would be hard for extremely rare for someone not to capture that. I also think it's a lot easier to grab a quick snap of someone at a bar passed out rather than recording the intimate post-game rant. With the latter, I feel like Bo would be able to determine quickly what it meant when someone was pulling out their phone. Still, the balls on the guy/gal that snagged the original recording.
  3. I agree that they have the big $$ right now. But playing a bit of devil’s advocate - the athletic department could catch itself in a tough situation if the new wave of successful donors feel disenfranchised by the department with its constant catering of older alum. Couple that with lackluster on field performance for the last 20 years and you run the risk of less meaningful donations moving forward. I’d don’t envy individuals that have to cater to various needs, but I do think long term vision is a critical factor when considering who to bend the knee for.
  4. I never knew this, what could've been!
  5. Which again goes back to the point that @teachercd brought up. If this drinking hasn't been interfering with the job and boosters are pissed because it isn't the old guards style, then we need to learn to get out of the way. However, if some of the rumors are true (antics in Wisconsin, passing out at bars) then there is greater consideration required. I feel like his comment about the facilities holds some merit, we are lagging many of our peers, but it sounds like this was an attempt to strong arm Bounds and Green, both of whom are in a tough spot given the negative perception that would result from beginning facility remodels while the university state cuts its budget towards higher education. However, we all know these are two separate line items and the facilities would not require any public funding. I'm not really sure what to think, I like Moos and I think he was perfect to bring in to get Frost back home. It is tough to really make any final decision given the fact we're all basing our opinions off rumors.
  6. Agreed. Which seems to be paradoxical in nature, given the fact that the reddit user referenced earlier seems to give off the perception that many of our boosters don't want to get their hands dirty (i.e. pay to play). But then again, I'm not really sure what is going on. All hearsay.
  7. Also, based on the Reddit thread, sounds like MD might also like the bottle. Not my place to judge but given the current situation, not sure he’d be the best replacement at this time.
  8. Not sure what protocol is on highlighting other social media outlets, but some interesting insight on reddit. Mods, if this post needs to be deleted, so be it.
  9. There is only one option in which your employer will make contributions without any sort of required contribution from the employee and that is known as a non-elective safe-harbor plan design. A finite amount of defined contribution plans will make this election, meaning a vast majority will not. For companies that wish to meet the safe harbor requirements, but not provide a non-elective contribution, the two other election options are: - company matches 100% of the employees contribution up to 4%; or - company matches 100% up to employees contribution of 3% then 50% on the next 2% of employee contributions. Both of these options get you to 4%, but require an employee to make contribution. For non safe-harbor plans, most will have a vesting schedule and also require employee contributions. There is no plan outside of safe-harbor that will contribute without contributions. The whole safe-harbor scheme is to benefit highly compensated employees. The point I was trying to make is that the majority of defined contribution plans require some sort of employee contribution (once again, coming from paycheck) in order reap any benefit from the employer; whereas a defined benefit plan does not. I'm finished, I'll get off the soap box and head over to the thread about the S&P now.
  10. I'm acutely aware of how safe-harbor plans work. The fact is, even those companies that elect to be safe-harbor do not typically opt in for the non-elective option. Generally, they'll choose the 4% option, meaning that plan participants must still contribute in order to reap any benefit of employer contribution. Thus employee contributions are required (i.e. 401k plans are not free). Furthermore, I should've clarified point 3 and stated all corporate pension plans, with over 25 employees, are covered by the PBGC. Of course federal government pension plans are not covered by the PBGC and I'll let you go ahead and figure out why that is the case. As to the various links that you included, here we go. - Not all pension plans are insured: the distinction of what a pension plan is should be made at this point. Every single retirement plan mentioned in this thread is technically a pension plan. Pension plans are broken down between defined benefit plans (what everyone associates as a pension) and defined contribution plans (401k, 403b, etc.). The PBGC will not pay out for DC plans, but they are on the hook for DB (traditional pension) plans. - There is no cost of living adjustment. Again, that is unfortunate for the insured but it is what it is. However, in instances where PBGC are not needed, COLA are included in the pension benefit calculation - as are years of service and ending salary. Finally, I've spent far too long arguing this topic but I will add this. Even if the company pisses the bed when it comes to poor investments, participants are still legally entitled to benefits. This fact should not be overlooked when comparing a defined benefit plan to a defined contribution plan. Plan participants are their own worst enemy when it comes to investment selections and there are far too many that will piss away their entire 401k thinking they're the next peter lynch and are left with nothing. So you could have your employee contribute 200% on the first 12% and still piss it away. Pension plans eliminate this risk.
  11. 1) calling pension plans “the worst” is the very definition of misinformation. IF you have no way to quantify that claim, you cannot call it the worst. 2) the money isn’t free, you still contributed to it. Whereas benefits provided by a pension plan are closer to free seeing that no deduction from your personal pay statement is contributed. 3) Every single defined benefit plan in the US is ensured by the PBGC. So if a company goes bankrupt, you are still going to receive a benefit.
  12. The notion that pensions are cancer, 401k money is free (the employee contribution is but typically there is a vesting schedule from the employer), that companies don't have to fund their pension, etc. Pensions, when overseen by a highly competent committee, are a very valuable source of retirement income especially for long tenured employees as years of service provided and ending salary are generally inputs for benefit payments.
  13. You keep talking like pension money is fake or that companies can dip into various accounts and take an unlimited amount of cash. The PPA does not allow this. There are funding requirements. Even if a company were to go insolvent, the PBGC covers these events. Your tone comes off as labeling pensions are the worst thing in the world, but @teachercd actually nailed it on the head. The pension system itself is fantastic. Name another benefit that you don't pay for that accretive over time - based off salary or years of service provided? These benefits are actually why many of the companies these days do not offer pensions, they'd rather the employee burden some of the responsibility of contributing to their retirement plan. However, @VectorVictor is right in the sense that the individuals (trustees) should be held with their feet to the fire in circumstances in which fiduciary responsibilities are not met. He is also correct that 401k's are limited by what the investment committee offers within the plan lineup. You cannot truly invest however you'd like, unless your company offers a self-directed brokerage window. This is for the employee's benefit as human psychology has proven that plan participants will likely chase returns when afforded too many options.
  14. Hell of a lot of misinformation being spewed by someone that seems to have the entire financial services industry figured out, but in actuality is far from it.
  15. Wasn't there a game against PSU at home where they clearly scored a touchdown but it was ruled either a fumble before the ball crossed the goal line? I seem to remember something like that occurring in the south endzone.
  16. ding ding ding. He's about as objective as they come. I really wish the kirk hates Nebraska narrative would die. He spoke highly of frost and even had us as one of his surprise teams prior to the beginning of the season. Some people need to learn how to let a manufactured argument go.
  17. He also self-reviewed his now defunct cleanosaur company. What a total wash up, has been. I give him credit for taking the time to write all that up, granted I'm not sure he had much else to do.
  18. So he’s over the maid service? Damn, really thought that thing was gonna grow legs.
  19. Seems like something a bored 16 year old would tweet...just craving that attention and just as quick to respond to all ~10 responses.
  20. "Officers arrested Taylor shortly after when they received a call about an unarmed robbery nearby and recognized him from the video, police said." Meth is a hell of a drug!
  21. Sounds like he was arrested after an attempted robbery?
  22. f#&% that guy. I'm with @Moiraine - let her get after him. He deserved everything he had coming. Based on this article, he then later went on to kick another female employee. Real winner right there! https://www.usatoday.com/story/news/nation/2019/01/02/police-florida-mcdonalds-worker-defends-self-straw-fight-video/2467553002/?utm_source=feedblitz&utm_medium=FeedBlitzRss&utm_campaign=usatodaycomnation-topstories
  23. I mean, we hit Georgia pretty good and took some guys from SEC country (Tenn, Ala, Kentucky). Yeah, our Florida recruiting could've been better but we still hit the deep-south.
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