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Tam Hoang
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Dryw Keltz
Eva Knott
Thomas Larson
Ken Leighton
Matthew Lickona
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Bill Manson
Scott Marks
Bob McPhail
Walter Mencken
Joseph O'Brien
Sheila Pell
Ian Pike
Matt Potter
H.G. Reza
Dave Rice
Elizabeth Salaam
Jay Allen Sanford
Julie Stalmer
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Matthew Suárez
Amanda Tascher
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Don Bauder
Don Bauder
is a
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Comments
Votes
Convention Center expansion absurd
Darren: I am a little wary of author Tyler Durden, but I do think an "October surprise" Iran bombing is at least slightly possible, particularly if it is seen as an offset to any Mueller October surprise. Best, Don Bauder
— July 27, 2018 4:02 p.m.
Convention Center expansion absurd
Murphyjunk: Absolutely. Good analogy. Best, Don Bauder
— July 27, 2018 3:55 p.m.
Study: county pension benefits soar
Stephen Douglas: By and large, the blame lies with chronic underfunding resulting from the granting of excessive benefits. However, there can be another cause: the plunging of investment returns. In San Diego in the early 2000s, there was a tragic combining of both factors -- excessive benefits and poor investment returns. The funded ratio plunged. Best, Don Bauder
— July 27, 2018 3:53 p.m.
Study: county pension benefits soar
Ronald Stein: I agree that defined contributions are the safe route to go. By and large, the private sector has gone to defined contributions and jettisoned defined benefits. But many public sector employees still get them. Best, Don Bauder
— July 27, 2018 3:47 p.m.
Study: county pension benefits soar
JustWondering: Before the 21st century, San Diego government workers had moderate pay and moderate pensions. The word "public service" meant something. After the 21st century balloonings, local government jobs were extremely desirable -- high pay, high pensions. As a result of the early 21st century scandals, when San Diego became known as "Enron by the Sea," those excessive benefits now only go to employees hired before 2005. Best, Don Bauder
— July 27, 2018 3:45 p.m.
Best large cities: San Diego fifth
Richard Rider: Great to hear from you again. Actually, in the WalletHub survey, the factors are given different weights. No one would argue that the California cost of living is sky high, particularly compared with Texas, but also compared with Mississippi and Alabama. Best, Don Bauder
— July 26, 2018 9:49 p.m.
Study: county pension benefits soar
Robert Fellner: I agree that percentage to percentage changes are certainly legitimate. That is why I said that the comparison of SDCERA's gain of 1200 percent in the period in question compared with the much smaller statistical gains for inflation, personal income, median household income, and population is absolutely statistically sound. But in the case of the comparison of SDCERA and CalPERS, I disagree with you, and it's partly because of the vast difference in size of the two organizations. Both are pension funds, and they each deal with different variables related to their memberships. The fund objectives and the incomes of the employees are different. Otherwise, you did a superb job.You are helping to shed light on the fact that public sector pensions in San Diego are far too high. Public sector salaries AND pensions are too high, for that matter. It really pays to work for the government vs. the private sector, on balance, and your group has done a very good job shedding light on that. Best, Don Bauder
— July 26, 2018 9:45 p.m.
Study: county pension benefits soar
Darren: Yes, shell games have been going on for some time. Excessive pensions were a huge problem after 2002. The big gains of that year brought scandal, in part because of the falling stock market, and the plunge in the percentage that funds were funded. In 2005, some of the excessive benefits were restricted to those hired before 2005. Best, Don Bauder
— July 26, 2018 9:27 p.m.
Study: county pension benefits soar
swell: Right now I am looking into a significant corner of the phenomenon you cite. SDCERS has been very slow to answer my questions. I still have a couple of queries outstanding. Best, Don Bauder
— July 26, 2018 5:22 p.m.
San Diego student futures more hopeful than you might think
shirleyberan: I agree that we are being dragged back to intensified misogyny and racism by those wanting a white Christian nation featuring isolationism and even more trickle down economics when the distribution of wealth and income is already horrendously out of balance. If we could reverse these trends, San Diego would improve, too. Best, Don Bauder
— July 26, 2018 1:25 p.m.
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Dave Good
Marty Graham
Moss Gropen
Andrew Hamlin
Dorian Hargrove
Garrett Harris
Ken Harrison
Patrick Henderson
Tam Hoang
Eve Kelly
Dryw Keltz
Eva Knott
Thomas Larson
Ken Leighton
Matthew Lickona
Mike Madriaga
Bill Manson
Scott Marks
Bob McPhail
Walter Mencken
Joseph O'Brien
Sheila Pell
Ian Pike
Matt Potter
H.G. Reza
Dave Rice
Elizabeth Salaam
Jay Allen Sanford
Julie Stalmer
DJ Stevens
Matthew Suárez
Amanda Tascher
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4S Ranch
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Potrero
Poway
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Rolando
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— Eavesdropping illustrated
Poetry
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Reading
— The hunt for intellectuals
Roam-O-Rama
— SoCal's best hiking/biking trails
San Diego Beer
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SD on the QT
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Sheep and Goats
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Special Issues
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Street Style
— San Diego streets have style
Surf Diego
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Theater
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Tin Fork
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Under the Radar
— Matt Potter's undercover work
Unforgettable
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Unreal Estate
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Your Week
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Chris Ahrens
Ian Anderson
Thomas K. Arnold
Eric Bartl
Don Bauder
Ed Bedford
Siobhan Braun
Robert Bush
Chad Deal
Joe Deegan
Barbarella Fokos
Leorah Gavidor
Dave Good
Marty Graham
Moss Gropen
Andrew Hamlin
Dorian Hargrove
Garrett Harris
Ken Harrison
Patrick Henderson
Tam Hoang
Eve Kelly
Dryw Keltz
Eva Knott
Thomas Larson
Ken Leighton
Matthew Lickona
Mike Madriaga
Bill Manson
Scott Marks
Bob McPhail
Walter Mencken
Joseph O'Brien
Sheila Pell
Ian Pike
Matt Potter
H.G. Reza
Dave Rice
Elizabeth Salaam
Jay Allen Sanford
Julie Stalmer
DJ Stevens
Matthew Suárez
Amanda Tascher
More writers
Former writers
4S Ranch
Allied Gardens
Alpine
Baja
Balboa Park
Bankers Hill
Barrio Logan
Bay Ho
Bay Park
Black Mountain Ranch
Blossom Valley
Bonita
Bonsall
Borrego Springs
Boulevard
Campo
Cardiff-by-the-Sea
Carlsbad
Carmel Mountain
Carmel Valley
Chollas View
Chula Vista
City College
City Heights
Clairemont
College Area
Coronado
CSU San Marcos
Cuyamaca College
Del Cerro
Del Mar
Descanso
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Eastlake
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La Jolla
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This Week’s
Reader
This Week’s
Reader
Convention Center expansion absurd
Darren: I am a little wary of author Tyler Durden, but I do think an "October surprise" Iran bombing is at least slightly possible, particularly if it is seen as an offset to any Mueller October surprise. Best, Don Bauder— July 27, 2018 4:02 p.m.
Convention Center expansion absurd
Murphyjunk: Absolutely. Good analogy. Best, Don Bauder— July 27, 2018 3:55 p.m.
Study: county pension benefits soar
Stephen Douglas: By and large, the blame lies with chronic underfunding resulting from the granting of excessive benefits. However, there can be another cause: the plunging of investment returns. In San Diego in the early 2000s, there was a tragic combining of both factors -- excessive benefits and poor investment returns. The funded ratio plunged. Best, Don Bauder— July 27, 2018 3:53 p.m.
Study: county pension benefits soar
Ronald Stein: I agree that defined contributions are the safe route to go. By and large, the private sector has gone to defined contributions and jettisoned defined benefits. But many public sector employees still get them. Best, Don Bauder— July 27, 2018 3:47 p.m.
Study: county pension benefits soar
JustWondering: Before the 21st century, San Diego government workers had moderate pay and moderate pensions. The word "public service" meant something. After the 21st century balloonings, local government jobs were extremely desirable -- high pay, high pensions. As a result of the early 21st century scandals, when San Diego became known as "Enron by the Sea," those excessive benefits now only go to employees hired before 2005. Best, Don Bauder— July 27, 2018 3:45 p.m.
Best large cities: San Diego fifth
Richard Rider: Great to hear from you again. Actually, in the WalletHub survey, the factors are given different weights. No one would argue that the California cost of living is sky high, particularly compared with Texas, but also compared with Mississippi and Alabama. Best, Don Bauder— July 26, 2018 9:49 p.m.
Study: county pension benefits soar
Robert Fellner: I agree that percentage to percentage changes are certainly legitimate. That is why I said that the comparison of SDCERA's gain of 1200 percent in the period in question compared with the much smaller statistical gains for inflation, personal income, median household income, and population is absolutely statistically sound. But in the case of the comparison of SDCERA and CalPERS, I disagree with you, and it's partly because of the vast difference in size of the two organizations. Both are pension funds, and they each deal with different variables related to their memberships. The fund objectives and the incomes of the employees are different. Otherwise, you did a superb job.You are helping to shed light on the fact that public sector pensions in San Diego are far too high. Public sector salaries AND pensions are too high, for that matter. It really pays to work for the government vs. the private sector, on balance, and your group has done a very good job shedding light on that. Best, Don Bauder— July 26, 2018 9:45 p.m.
Study: county pension benefits soar
Darren: Yes, shell games have been going on for some time. Excessive pensions were a huge problem after 2002. The big gains of that year brought scandal, in part because of the falling stock market, and the plunge in the percentage that funds were funded. In 2005, some of the excessive benefits were restricted to those hired before 2005. Best, Don Bauder— July 26, 2018 9:27 p.m.
Study: county pension benefits soar
swell: Right now I am looking into a significant corner of the phenomenon you cite. SDCERS has been very slow to answer my questions. I still have a couple of queries outstanding. Best, Don Bauder— July 26, 2018 5:22 p.m.
San Diego student futures more hopeful than you might think
shirleyberan: I agree that we are being dragged back to intensified misogyny and racism by those wanting a white Christian nation featuring isolationism and even more trickle down economics when the distribution of wealth and income is already horrendously out of balance. If we could reverse these trends, San Diego would improve, too. Best, Don Bauder— July 26, 2018 1:25 p.m.