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Scoundrels sell Kendall Street home out from under owner
You wouldn't need to sort all his holdings ouy (or the ownership entity), just the one you're camping out on. As long as you're there in the open and paying taxes-without permission you woudl qualify and the court would eb the one sorting out everything after that. I would think if you planted seed and plowed an open plot that would qualify. It is an interesting area of law.— February 19, 2009 7:38 a.m.
San Diego City Employees pension fund ailing
BTW JW, your claim that the unions were not the ones responsible for the underfunding is pure nonsense. The underfunding would have never been allowed if the rank and file union members objected to it-it is that simple. If the directors tried to go along with it without rank and file support, the rank and file could simply recall the directors-who in addition would probably be held personally liable for the mess we are currently in by breaking that "fiduciary duty" that they owe to the fund.— February 18, 2009 6:47 p.m.
San Diego City Employees pension fund ailing
When did it become the Union's job to protect the pension fund? =============================== OMG!!! Are you SERIOUS???????? It has ALWAYS been the unions job to protect it's pension fund. It is called a "fiduciary duty", and the duty is owned by the pension fund directors, on behalf of ALL the funds participants 9as in you-the unions), to safe guard and administer the fund in a prudent, safe and non reckless/negligent manner. Your directors BROKE that duty, by AGREEING to the underfunding scam, in a quid pro quo fruad for larger/increased pensions. Don, I know JW isn't the sharpest tool in the shed, but can you please explaint to JW, in very basic (baby) terms, what a "fiduciary duty" is, so JW knows that it IS the JOB of the pension fund to safe guard it's assets. Thank you. Johnny "T" Vegas.— February 18, 2009 6:41 p.m.
Scoundrels sell Kendall Street home out from under owner
Herbert should be charged under CA financial elder abuse laws. He should then be charged under federal law for mortgage scams, which undoubtedly crossed state lines and used wires in the process, in fact this fits all the elements of a RICO charge, which would be appropriate under these circumstances. Herbert has a pattern and practice of ripping off the elderly and is clearly a danger to the community and therefore should serve a lengthy prison term. CA has the shortest period for "adverse possession" of any state in the United States-which as stated is only 5 years. In most states it is 15-20 years. I have never heard of an adverse possession case on a substantially valued property in CA-ever. Vacant and abandoned shacks and the like yes, but never on any property of even limited worth.— February 18, 2009 12:51 p.m.
San Diego City Employees pension fund ailing
So, can we point the finger of responsibility at our political leaders in the late 90's, 2000 and 20001? Was it their greed for political power, to keep it, or gain higher office the root cause of this mess? Were the City management officers, McGrory, Uberraga (sp) Herring et. al all corrupt and so smart they outwitted everyone by getting past the statute of limitation? By JustWondering ================================== JW, the parties you're leaving out of this equation are the public unions themelves. The unions went along with Jack/Susan G.'s underfunding scams in order to BENEFIT from the unearned retroactive pension increases. If the unions had done their job of protecting their pension fund instead of allowing greed to enter into the action there would be no problem today. The unions would be getting smaller-but fully funded- pensions, and the City would not be bankrupt. I see you and me pull much of our info off of www.pensiontsunami.com JW's partner in crime, Johhny "T(roll)" Vegas.— February 18, 2009 11:40 a.m.
San Diego City Employees pension fund ailing
What do you mean how does it vibe???? If you believe that benefits are equal to the base pay then I am correct. They appearantly did not include the cost of your vacation pay, holiday pay or sick leave-that alone is equal to 20-25% of base pay.— February 17, 2009 7:12 p.m.
Rumored Copley Suitor Puts Out Racy, Alternative Publications, but Has Debt Woes
A centerfold of a hottie would go a long way in reviving the print paper.— February 17, 2009 12:20 p.m.
San Diego City Employees pension fund ailing
JF-somehow I knew you would be all over that article-especialy when I saw your post under it. I would like to know if they are including the vacation and sick pay in the fringe numbers. Beacuase this guy says that Gov fringes START at 58% and go up substantially for PD/FD; "The reality today is this - a mid level bureaucrat in the public sector probably will make about $65K per year, which with benefits of 58% (on the low side) will normalize to $102K per year. A white collar worker or skilled technician in the private sector, doing work requiring equivalent skills will probably earn $50K per year if they’re lucky, with an overhead benefit of 30%, which equates to $65K per year. Public employees now make about twice as much as private sector employees make." http://ecoworld.com/blog/2009/02/08/calculating-e…— February 17, 2009 11:56 a.m.
If Boston Globe Worth $20 Million, Is U-T Worth $15 Million?
Don, if the UT went online only that woudlk be the end o fit-I don't think they could just publish a Sunday paper-and make it work. That's just my opinion. Now, what I would like to know if this-if the UT is doing so bad, how is the NC Times doing???? As well as the weekly papers like the La Jolla Light, OB Beacon and the PB Beach and Pay Press. Heck, are they still printing the Daily Aztec????— February 17, 2009 11:52 a.m.
If Boston Globe Worth $20 Million, Is U-T Worth $15 Million?
David Copley is probably crying about this. I don't doubt the UT could be valued as low as $15 million, and to be honest, in this capital/credit market it may be even hard to get that much credit for the purchase. Would have to do all cash or a stock swap.— February 16, 2009 9:14 p.m.