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Price of justice
US Atttorney is a 100% political appointee job-it has very little, actually nothing, to do with knowledge or qualifications. It is a politcal job and everyone needs to understand that. Alan Bersin couldn't win a small claims court case if his life depended on it. Bersin's only way to get a job was, and still is, through political influence and connections. And it is not just him. The same thing goes for being appointed to a federal judgeship. You don't get "appointed" to those types of jobs unless you're connected. Marilynn Huff, the biggest hack we have sitting on the local federal bench, is a perfect example- she has the brain power of an untrained circus chimp. Yet she is a judge in the federal court system-and face it, if not for her connections she would have trouble working at a free legal clinic.— February 24, 2009 5:29 p.m.
San Diego City Employees pension fund ailing
Money, or excess money, is destroying our democrocy. Big money from any special interest is the root cause of this problem because they have bought legislatures and elected officials and done damage to the entire country. We had banks and CC companies actually write the 2005 BK revisions. When you have political donors actually writing their own legislation you know you have hit the bottom as a democrocy. It has just permeated the political scene on every level. And as a result the rich are calling 95%-99%% of the shots. The DJIA is off more than 50% from it's 2007 high, and I am certain that there is no way the pensions promised can be delievered on. We are past the point of no return. In a small way (very small) I feel sorry for JW and JF, because the fact is the money for their gold plated pensions is just not going to be there..... to fund those 90% pensions. The hole is going to be so large that it will be virtually inpossible to plug it, with new taxes or othwerwise. The taxpayers will not stand for huge tax increases to fund these pensions, and even if they would stand for it the hole will be so large that you will simply not be able to tax your way back to a healthy fund. The market may go below 7K, and if that happens I think these public unions are just going to have to face facts-their pensions will need to be adjusted to a reasonable level. I know JW and JF are not going to agree with me, and JW will call me a "troll" for laying the truth out-but those are the simple facts. I have been preaching it for the last 3-4 years. We would have eventually reached this point in time, but the stock market meltdown moved up the day of reckoning.— February 24, 2009 11:41 a.m.
Banker's Hill- A Noisy Place Filled with Character
Living in Banker Hill was one of the best places I have lived in San Diego. Lived right off of Laurel on Front Street. Lots of homeless people from the park, and some crime, but had a subterranian garage and never had my car tyowed or any other problems. Really enjioyed BH. Is Hob Nob Hill still there?????— February 23, 2009 7:04 p.m.
Strange bedfellows
He's made enough to "loan" money to his PAC to the tune of double what he's deriding city workers for making in a year. Doesn't he see the irony? By JF ============================ And youre rubber stamp Scott "I never met a tax I didn't like" Peters didn't???????? "Ex-city councilman Scott Peters spent a grand total of $530,500 of his own money in his failed race for city attorney, according to a year-end disclosure filed with the state."— February 23, 2009 3:47 p.m.
San Diego City Employees pension fund ailing
As you know withholding labor, or striking, is the biggest hammer. Public Safety workers in San Diego cannot go on a strike. By JustWondering 12 =================================== Not true-the BIGGEST hammer by far is not even a hammer, it is campaign contributions. Paying $$ (as in campaign contributions) to those who are your defacto bosses is FAR more powerful, by far, than withholding labor or striking. Let's see you counter that one JW.— February 23, 2009 3:43 p.m.
If Boston Globe Worth $20 Million, Is U-T Worth $15 Million?
It is interesting to note that these hedge funds/private equity firms who were rolling in the dough in the last 10-20 years seem to have gone over a cliff with many of their investments, like the Minneapolis Star Tribune. Big newspapers and Chrysler immediatley come to mind. I wonder if any of these hedge funds will go the way of Amaranth? I have not heard of any, but I find it hard to believe that many of them won't be BK very soon. The Mayor of Lansing, MI was on Fox News TV a few days ago defending the union compensation for UAW's, and he pointed to all the money that Wall Street has received in this bailout with no strings attached and asked why they weren't required to give up anything...... and if they weren't why should the UAW's? Two wrongs don't make a right, but there is a double standard, and I have to agree with his comments on that point.— February 23, 2009 9:02 a.m.
If Boston Globe Worth $20 Million, Is U-T Worth $15 Million?
Trust me, I understand how valuations have tanked. I just can't believe that the land in Fashion Valley alone isn't worth close to 15. Add the LJ property and yeah, Id' say it has to be more then 15. ================================ The land could be worth $20-$50 million or more, but when valuing the UT you have to also consider their debt. If they have debt that exceeds the value of the land then there is no net value-but a net loss. Since the UT is a private company there is no way to know their net operating income or debt, unless they disclose it-which they may be doing to a potential buyer but not the public. So I wouldn't read too much into the land values. If the value were there I think the paper would have sold by now. I don't think Copley is getting anything but bottom feeders and low balls. And in this credit crunch I bet those have stopped too.— February 22, 2009 2:42 p.m.
The Gathering Place Church
Do you also support and defend radical Islamists who have an equal devotion to their nutty religion and teach it to children? ==================== HELL no!— February 22, 2009 9:32 a.m.
SDCERS Lowers DROP Interest Rate to 3.54 Percent, Says DeMaio
^^Amen!^^ But we needed the reform 4 years ago, we have already gone over the cliff, the public just doesn't know it yet.— February 22, 2009 9:30 a.m.
SDCERS Lowers DROP Interest Rate to 3.54 Percent, Says DeMaio
I never said DROP was not stopped in 2005, now did I?— February 21, 2009 12:57 p.m.