An Idaho PERSI Discussion for Invited Friends
Introduction I started this blog 15 years ago. My initial thinking was that I wanted a forum to discuss all the crazy things our government was doing. The start up year had the government stealing 1 trillion from taxpayers to bail out the banking community. I wish I could say things got better. They did not. Idaho's Public Retirement System or PERSI Back in the late 90's, I studied PERSI returns based on the greatest investment period of all time. Coincidentally, that time frame (1982 to 2007) were the years I was a public employee working within the state of Idaho. While the PERSI fund was enjoying extraordinary returns- the members were receiving bupkis. Eventually, the fund had made so much money- that even they could not justify the over with holding and they finally issued a 13th check. In the late 90's, after an exhaustive look at every public retirement system in the United States, I submitted a report/summary of Idaho PERSI to the Idaho Peace Officer magazine. I w