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<DIV>Well you have to remember Perry will be there, too, so I imagine he’d
insist on some sort of separation penalty. He’d be able to line them up
and count them as he collected their checks. </DIV>
<DIV> </DIV>
<DIV>Sue </DIV>
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<DIV style="font-color: black"><B>From:</B> <A
title=donovanjarnold2005@yahoo.com
href="mailto:donovanjarnold2005@yahoo.com">Donovan Arnold</A> </DIV>
<DIV><B>Sent:</B> Monday, September 05, 2011 6:56 PM</DIV>
<DIV><B>To:</B> <A title=thansen@moscow.com href="mailto:thansen@moscow.com">Tom
Hansen</A> ; <A title=vision2020@moscow.com
href="mailto:vision2020@moscow.com">Moscow Vision 2020</A> </DIV>
<DIV><B>Cc:</B> <A title=cpenni@gmail.com href="mailto:cpenni@gmail.com">Penni
Cyr</A> </DIV>
<DIV><B>Subject:</B> Re: [Vision2020] Perry Conspired to Raise Revenues From
Deaths ofTexas Teachers</DIV></DIV></DIV>
<DIV> </DIV></DIV>
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<DIV style="RIGHT: auto"><SPAN style="RIGHT: auto">I wonder if Perry would
insist on a clause to pay out if the teachers were taken in the Rapture. <VAR
id=yui-ie-cursor></VAR></SPAN></DIV>
<DIV style="RIGHT: auto"><SPAN style="RIGHT: auto"></SPAN> </DIV>
<DIV style="RIGHT: auto"><SPAN style="RIGHT: auto">Donovan Arnold</SPAN></DIV>
<DIV> </DIV>
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style="FONT-FAMILY: times new roman, new york, times, serif; FONT-SIZE: 12pt">
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style="FONT-FAMILY: times new roman, new york, times, serif; FONT-SIZE: 12pt"><FONT
size=2 face=Arial>
<DIV
style="BORDER-BOTTOM: #ccc 1px solid; BORDER-LEFT: #ccc 1px solid; PADDING-BOTTOM: 0px; LINE-HEIGHT: 0; MARGIN: 5px 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 0px; HEIGHT: 0px; FONT-SIZE: 0px; BORDER-TOP: #ccc 1px solid; BORDER-RIGHT: #ccc 1px solid; PADDING-TOP: 0px"
class=hr readonly="true"></DIV><B><SPAN
style="FONT-WEIGHT: bold">From:</SPAN></B> Tom Hansen
<thansen@moscow.com><BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B>
Moscow Vision 2020 <vision2020@moscow.com><BR><B><SPAN
style="FONT-WEIGHT: bold">Cc:</SPAN></B> Penni Cyr
<cpenni@gmail.com><BR><B><SPAN style="FONT-WEIGHT: bold">Sent:</SPAN></B>
Monday, September 5, 2011 7:07 PM<BR><B><SPAN
style="FONT-WEIGHT: bold">Subject:</SPAN></B> [Vision2020] Perry Conspired to
Raise Revenues From Deaths of Texas Teachers<BR></FONT><BR>
<DIV style="RIGHT: auto" id=yiv36216592>
<DIV></DIV>
<DIV>Tea, anyone?</DIV>
<DIV> </DIV>
<DIV>Courtesy of <SPAN id=misspell-1 class=mark>ThinkProgress</SPAN> at:</DIV>
<DIV> </DIV><A
href="http://thinkprogress.org/economy/2011/08/26/304672/rick-perry-monetize-teacher-deaths/"
rel=nofollow
target=_blank>http://thinkprogress.org/economy/2011/08/26/304672/rick-perry-monetize-teacher-deaths/</A>
<DIV style="RIGHT: auto">
<DIV> </DIV>
<DIV>------------------------------</DIV>
<DIV
style="PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.5em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; FONT-FAMILY: calibri, arial, sans-serif; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; FONT-SIZE: 15px; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 5px"><SPAN
class=yiv36216592Apple-style-span><SPAN style="LINE-HEIGHT: 15px"
class=yiv36216592Apple-style-span>
<H1
style="PADDING-BOTTOM: 10px; LINE-HEIGHT: 1.15em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; COLOR: rgb(216,159,0); FONT-SIZE: 1.7em; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 0px"><A
style="COLOR: rgb(216,159,0); TEXT-DECORATION: none"
href="http://thinkprogress.org/economy/2011/08/26/304672/rick-perry-monetize-teacher-deaths/"
rel=nofollow target=_blank>Rick Perry Conspired With Multinational Bank To Raise
Revenues Off The Deaths Of Texas Teachers</A></H1>
<DIV
style="PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.25em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; COLOR: rgb(102,102,102); VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 5px"
class=yiv36216592byline>By <A
style="COLOR: rgb(51,51,51); FONT-WEIGHT: bold; TEXT-DECORATION: none"
href="http://thinkprogress.org/author/lee-fang/" rel=nofollow target=_blank>Lee
Fang</A> on Aug 26, 2011 at 9:30 am</DIV></SPAN></SPAN>
<DIV
style="PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.5em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; FONT-FAMILY: calibri, arial, sans-serif; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; FONT-SIZE: 15px; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 5px"><SPAN
class=yiv36216592Apple-style-span>Writing for the <SPAN id=misspell-2
class=mark>Huffington</SPAN> Post, reporters Jason <SPAN id=misspell-3
class=mark>Cherkis</SPAN> and Zach Carter published a jaw-dropping story
yesterday about a scheme by Gov. Rick Perry (R-TX) to “set up a business of <A
style="COLOR: rgb(51,51,51); TEXT-DECORATION: underline"
href="http://www.huffingtonpost.com/2011/08/25/rick-perry-texas-life-insurance-scheme_n_935666.html?view=print&comm_ref=false"
rel=nofollow target=_blank>teacher death speculation</A>.” Perry and his
officials entered negotiations in 2003 with the Switzerland-based multinational
bank <SPAN id=misspell-4 class=mark>UBS</SPAN> to allow the firm to buy life
insurance policies on public teachers, then package the policies into securities
that could be sold to speculators across the world. As teachers died, the
securities would become profitable, and the money from the plans would be split
between <SPAN id=misspell-5 class=mark>UBS</SPAN> and the Texas
government.</SPAN><BR></DIV>
<DIV
style="PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.5em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; FONT-FAMILY: calibri, arial, sans-serif; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; FONT-SIZE: 15px; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 5px">According
to sources and notes provided to the <SPAN id=misspell-6
class=mark>Huffington</SPAN> Post, the Perry administration solicited support
for the idea from teacher associations, and pressed a deal where teachers would
receive between $50 and $100 to sign a contract granting <SPAN id=misspell-7
class=mark>UBS</SPAN> the right to bet on their death using life insurance
policies. Perry’s budget director Mike <SPAN id=misspell-8
class=mark>Morrissey</SPAN> said it would take up to 12 years for Texas to
“earn” money from the scheme, but eventually the state would gain a $700 million
windfall if the system could recruit 40,000 retired teachers.</DIV>
<DIV
style="PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.5em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; FONT-FAMILY: calibri, arial, sans-serif; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; FONT-SIZE: 15px; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 5px">An
intriguing twist to the story is former Sen. Phil <SPAN id=misspell-9
class=mark>Gramm</SPAN> (R-TX), who joined <SPAN id=misspell-10
class=mark>UBS</SPAN> as a top executive after he left the Senate and has served
as a political mentor to Perry since the late ’80s. <SPAN id=misspell-11
class=mark>Gramm</SPAN>, an architect of Wall Street deregulation while in
Congress, aggressively lobbied the “gruesome” deal:</DIV>
<BLOCKQUOTE
style="PADDING-BOTTOM: 0px; LINE-HEIGHT: 22px; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 10px 50px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; FONT-FAMILY: calibri, arial, sans-serif; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; FONT-SIZE: 15px; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 0px">
<DIV
style="PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.5em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 5px"><SPAN
id=misspell-12 class=mark>Gramm</SPAN> and <SPAN id=misspell-13
class=mark>UBS</SPAN> had concocted a gruesome combination of what are now
regarded as two of the most infamous Wall Street scams on record. The
resulting package closely resembled the growing market for mortgage-backed
securities, but instead of allowing Wall Street to bet on peoples’ homes, it
would enable bets on peoples’ lives. [...]</DIV>
<DIV
style="PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.5em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 5px"><B>The
plan was to have <SPAN id=misspell-14 class=mark>UBS</SPAN> buy the life
insurance policies with mega-insurer <SPAN id=misspell-15
class=mark>AIG</SPAN>, then bundle those policies into securities</B>, and
sell them off to a small group of investors. By keeping the investor group
small, <SPAN id=misspell-16 class=mark>Gramm</SPAN> could avoid the public and
regulatory scrutiny required by standard public securities sales. He <SPAN
id=misspell-17 class=mark>wouldn</SPAN>’t even have to disclose details of the
scheme to the Securities and Exchange Commission. [...]</DIV>
<DIV
style="PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.5em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 5px">In
one ghoulish section from the meeting notes, <B><SPAN id=misspell-18
class=mark>Gramm</SPAN> emphasized that the actual payments to the state would
depend on who died, and when. “These amounts depend on interest rates and
deaths,”</B>the notes read. “They can’t price it yet, or estimate the amount
of money available annually to <SPAN id=misspell-19 class=mark>TRS</SPAN>
until the bank looks at the universe of those participating.”</DIV></BLOCKQUOTE>
<DIV
style="PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.5em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; FONT-FAMILY: calibri, arial, sans-serif; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; FONT-SIZE: 15px; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 5px"><SPAN
id=misspell-20 class=mark>Gramm</SPAN> <A
style="COLOR: rgb(51,51,51); TEXT-DECORATION: underline"
href="http://thinkprogress.org/economy/2011/08/14/295535/gramm-endorses-perry/"
rel=nofollow target=_blank>endorsed</A> Perry earlier this month and hinted at a
major role in his campaign, and perhaps presidency. Although Perry failed at
enacting his dead-teachers speculation scheme as governor, its not clear if he
will try again with a similar plot if takes the White House in 2012.</DIV>
<DIV
style="PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.5em; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: transparent; MARGIN: 0px; OUTLINE-COLOR: ; PADDING-LEFT: 0px; OUTLINE-WIDTH: 0px; PADDING-RIGHT: 0px; FONT-FAMILY: calibri, arial, sans-serif; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; FONT-SIZE: 15px; VERTICAL-ALIGN: baseline; BORDER-LEFT-WIDTH: 0px; FONT-WEIGHT: normal; PADDING-TOP: 5px">Read
the <A style="COLOR: rgb(51,51,51); TEXT-DECORATION: underline"
href="http://www.huffingtonpost.com/2011/08/25/rick-perry-texas-life-insurance-scheme_n_935666.html?view=print&comm_ref=false"
rel=nofollow target=_blank>full story</A> at the <SPAN id=misspell-21
class=mark>Huffington</SPAN> Post.</DIV>
<DIV>------------------------------<BR> <BR>
<DIV><SPAN id=misspell-22 class=mark>Seeya</SPAN> round town, Moscow.</DIV>
<DIV> </DIV>
<DIV>Tom Hansen</DIV>
<DIV>Moscow, Idaho</DIV>
<DIV> </DIV>
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