The recently released investment return figures from the third quarter show that while the New Hampshire Retirement System investment fund saw a 8.4% return in the corpus’s investments, beating the benchmark, the fund has only seen returns of just under 3% so far for the year, falling short of the 7.75% assumed rate of return.

The domestic equity portfolio, saw a 12.2% return, though falling short of the benchmark of 12.9%. Non-US equity saw 13.2%, which beat its benchmark by 2 points. Fixed income assets also did well, seeing a 2.5% return versus a .9% benchmark.

Elections and governments produce many tall tales. One of the tallest was the wishful thinking that the federal and state governments are in fine shape fiscally. Each month, something else emerges that tells us how bad things really are.

 Charlie Arlinghaus April 25, 2012 As originally publish in the New Hampshire Union Leader Limiting access to the courts and limiting free speech are actions too often favored by elected officials who worry that you and I aren’t privy to their special knowledge and can’t possibly understand public issues. In recent years, local governments have […]

 Charlie Arlinghaus April 18, 2012 As originally publish in the New Hampshire Union Leader Taxes should be passed by the legislature not imposed through regulative fiat with legislative approval or disapproval. Regulators do not have the authority to tax internet access and have created a multi-million dollar budget liability by using the audit process to […]

Access to educational opportunities in New Hampshire is primarily determined by zip code and accident of birth. Though New Hampshire has some of the highest-performing public schools in the nation, performance across school districts is uneven. Public school students in wealthier towns like Windham and Bedford perform highly on standardized tests while their low-income peers in Claremont and Stratford lag behind.

The foreclosure tracking firm RealtyTrac released its March foreclosure data this week which showed that the number of foreclosure filings continue to fall both here in New Hampshire and across the country. A foreclosure filing is either a default notice, bank repossession or foreclosure auction notice. March saw 674  filings, which marked the third month […]

Charlie Arlinghaus April 11, 2012 As originally publish in the New Hampshire Union Leader Washington is an odd place with a desperate need for adult supervision. The general lack of maturity is on display in the attitude of both political parties toward budget committee chairman Paul Ryan and his willingness to discuss the federal budget […]

Charlie Arlinghaus April 4, 2012 As originally publish in the New Hampshire Union Leader Good public policy can be boring and complicated. It often gets in the way of a good political argument. All too often, we support or oppose ideas because of who sponsored them not what they are. It’s a lot easier and […]

Charlie Arlinghaus March 28, 2012 As originally publish in the New Hampshire Union Leader The School Choice Scholarship Act being considered in both the New Hampshire House and Senate is a modest step toward providing children of lesser means with the greater educational opportunity long afforded students from high income families. It is a truism […]

Charles M. Arlinghaus  March 2012 A proposed School Choice Scholarship Act under its proposed configuration would not start during the current budget cycle but would save the state budget $8 million over the next two budgets. This is not the primary consideration in any debate over school choice or a motivating factor for most supporters. […]