All tagged Joe Biden

Tiger and Joe: Don't Know When to Quit

Tiger responded to Monty by pointing out that as a past champion he’s exempt from qualifying until he’s 60 and has the luxury of making the decision whether to play, unlike Monty who never won the Open and doesn’t have that automatic spot. He would have to qualify. Joe, similarly, has all the delegates to be the Democratic nominee and therefore it’s his decision whether to run or quit. 

Upside Down Pension Math

Obviously, there are just plain math problems with defined benefit pension plans. But, beyond that, see this tiny item in today’s Almost Daily Grant’s, “On Tuesday, the Danish Financial Supervisory Authority issued an executive order that cuts the maximum interest rate that pension providers can promise investors in guaranteed-rate products to minus 0.5% from the current 1%, effective July 1.”