Posts Tagged ‘texas’

Is College Worth It?

Is College Worth It?

By The Banker | Blog Posts, How Not To Invest, Personal Finance

I always enjoy a good debate like “Is X worth it, financially?” When X = College the debate seems particularly fraught. A friend sent me a link to a blogger Erik Rood who makes a nice case for why investing in college does not pay as well as we might think, compared to competing financial […]

Need Transparency Taken To Eleven

Need Transparency Taken To Eleven

By The Banker | Blog Posts, Taxes, Texas

In my last post I mentioned the terrible scores Houston and San Antonio governments received for transparency in their economic development programs, according to a report by Good Jobs First. One reason the stakes for transparency are high is because the amounts of subsidy are so big. How big? Well, we’ll soon find out. In 2017, for […]

The Border Wall Nonsense

The Border Wall Nonsense

By The Banker | Blog Posts, Texas

Invasive vines creep over the hedge separating my house from my next-door neighbor’s house. Sometimes those vines even touch trees in my yard. That’s why every night I stand on the top of a giant ladder, shouting into a megaphone, straight into their yard. “You’re going to cut those weeds right now! And then you’ll […]

TX Rainy Day Fund Proposal

TX Rainy Day Fund Proposal

By The Banker | Blog Posts, Texas

Texas Comptroller Glenn Hegar proposed last month significant shifts in management of Texas’ Rainy Day Fund, and it’s all shockingly sensible. I say shockingly not as a diss against Hegar, but rather because my usual stance with respect to fiscal prudence among government leaders is an exasperated shrug. It’s usually “Oh, they went and did […]

TRS - A Texas Pension Too Big To Fail

TRS – A Texas Pension Too Big To Fail

By The Banker | Blog Posts, Investing, Personal Finance, Texas

Texas State Senator Paul Bettencourt, (R-Houston) poked the bear when he filed Senate Bills 1750 and 1751, which would allow the Teachers Retirement System of Texas (TRS) and Employee Retirement System of Texas (ERS) to study, and possibly implement, changes in their public pensions. Change would mean moving – in an as-yet unspecified way – […]