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Millions for football in San Diego, zilch for opera
The Rose Bowl is really old too. It must be around a century old. I go there at least once a year for a UCLA game. When a new professional stadium gets built now-adays they basically sock it to the working class twice - once to get taxes to pay for a new stadium, then a 2nd time when the new stadium has more expensive seats (but plenty of luxury seat and suites for big corporations and wealthy patrons).— April 23, 2014 9:13 p.m.
Millions for football in San Diego, zilch for opera
Wrigley Field (home of the Chicago Cubs) just turned 100 today...— April 23, 2014 1:26 p.m.
Three border officials face charges
I guess the question is what did the 3 jerks get in return? Money? Better jobs? Other favors? Maybe that will all come out.— April 10, 2014 9:15 p.m.
Three border officials face charges
I'm gonna go out on the speculative limb and say I would bet that everything done by the officials was directly ordered by Bersin, but Bersin did a good job covering his tracks. Lesson is if you are doing dirty work for your boss make sure you save some hard evidence of what happened - just in case - to trade to the Feds for a "get out of jail free" card so they can go after a bigger fish.— April 10, 2014 6:21 p.m.
Why more people leave than enter San Diego
I'm surprised San Jose made a list of cities with lower cost of living than average. Housing prices there are even more expensive than San Diego.— April 9, 2014 10:28 a.m.
Edison execs dump $18 million of stock after rate deal
That's a really good point. If corporations are people too, then can we put them in jail? Well, no - as you stated. Ideally, laws should hold senior executives accountable for the wrongdoing of a corporation - but that really hasn't happened. Maybe there was some small shift in that direction with the Sarbannes-Oxley legislation but clearly it wasn't enough, or there would be a lot of GS and AIG executives rotting away in prison right now.— April 5, 2014 5:15 a.m.
Bookstore to close — but not why you think
The logic is "X isn't helping unemployment so we must need more of X" instead of "X isn't working so maybe X isn't such a good thing" (X being QE).— April 3, 2014 10:01 a.m.
Bookstore to close — but not why you think
Yes, and I would even say a lot of companies benefit from the high unemployment in that it helps keep their labor costs low. They can pay workers lower wages and ask them to work longer hours because workers have fewer alternatives.— April 3, 2014 9:59 a.m.
Bookstore to close — but not why you think
Yeah - I'm thinking more and more their is so much interference in the market that the normal correlations between the stock market and the economy don't quite work like they're supposed to. I think industry has to some extent adapted to the higher unemployment rate which seems more and more like a permanent shift in the economy. The QE measures - if they were ever justified at all - should have been temporary emergency measures but they have been in place so long now that they might as well have been permanent.— April 1, 2014 9:43 p.m.
Bookstore to close — but not why you think
Speaking of books, Don I was wondering if you're planning to read Michael Lewis's new book "Flash Boys" about how rigged the high-frequency trading is. Seems it might be right up your alley.— April 1, 2014 8:25 p.m.