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Burdick’s back taxes
Sorry she did pay them, 3 and 5 years later. So she had a 21 years of law practice that resulted in zero assets and going out of business, she worked for Jimsair and failed to get the lease extended, then tried to run for city attorney before taking another job and using her connections to get onto Port Commission. Not a stellar resume.— June 29, 2009 5:55 p.m.
Burdick’s back taxes
Her BK shirked $72k in fed and state income taxes (and her future lease payments) and she was going to run for City Attorney?— June 29, 2009 4:19 p.m.
Sticking with Stocks
I am definitely weighting towards foreign stocks and commodity stocks, especially gas/oil. With inflation looming, most domestic stocks will continue to struggle. China has had a boom but is far from a bubble. I think that economy will be strong for several years to come. The "clean energy" stocks will be the next dot.com bubble. Everyone plowing money into them but few will be able to make it profitable on a long-term basis.— June 26, 2009 11:47 a.m.
Whistleblower Shipione Heads to Harvard
I'm disappointed that both Demaio and Emerald confirmed Waring for Housing Commission. I expected most of the other hacks (Gloria, Hueso, etc.) to approve him. Emerald's lack of public calendar is also annoying, come on its not rocket science to get it organized and online. And if she is that disorganized (which I dont believe) we are in trouble. Its becoming more clear that its all about fundraising and that those with the most cash who can get their name out will get votes merely on name recognition (as long as its not associated with a scandal). The voters are swayed by union money/ads/flyers as well as the special interest (read: developers) money/ads/flyers.— June 24, 2009 9:26 a.m.
Big Bones of Contention
"construction of the downtown campus is seven to ten days ahead of schedule" Looks like they got some good workers!— June 23, 2009 5:23 p.m.
San Diego's Hotel Business among Nation's Worst
The W Hotel is the tip of the iceberg. Other SD hotels and some major hotel chains are in major trouble right now and unless they get capital, they are going under also. Any talk of SD needing hotel space is insane. Retail sector is getting pounded also. Find a local strip mall and you find tenants who cant pay rent. When those rents fall behind or that space goes vacant, good luck refinancing that property.— June 23, 2009 5:20 p.m.
Lights, Camera, Cuts
McCann before presenting his motion. “I have already taken a ten percent pay cut. I will not take a car allowance and any type of travel that I need to do, I’m going to pay for it myself.” After the introduction, McCann moved to cut his colleagues salaries, eliminate funding for travel, and force his colleagues to pay into their own retirement fund. “A motion by Mr. McCann regarding items a, b, and c,” mayor Cheryl Cox called out. THE COUNCIL WAS SILENT. “Motion dies for a lack of a second,” said Cox. That says it all. Ramirez blustering about "we made cuts" and "cuts made way back" are all a sham. They werent willing to make the same cuts that many have been forced to make in this recession.— June 23, 2009 5:14 p.m.
The search for convention center money in San Diego
The Chargers wouldnt move to LA unless they had a new stadium or the plan with subsidy to build one (i.e. play in Coliseum for 2 years until stadium is built). What I dont get is how the cost to build a stadium has gone from $300 millon to $600 million to now $1 billion. I realize certain costs had gone up (concrete, steel) during 2003-2006 but in this recession many commodities have dropped and there should be PLENTY of labor available.— June 17, 2009 1:52 p.m.
U-T "Deeply Mediocre," Says Columnist Discussing Globe
As Don said, the U-T had some valuable assets. Also, they dont have close to the same union that the Globe does. Plus since the Globe thinks of itself as a world-class paper (which it is not), it has many highly paid editors, columnists, etc. in-house vs. U-T which relies on AP and other sydicated stories and so their operating costs are much higher. JimG, I wouldnt say the Globe is exponentially better in terms of writing and in fact, the Globe columns (not Op-Ed) often have much more opinion than fact. The Globe has also had its share of columnists exposed as plagiarists or fabricators (Mike Barnicle, Patricia Smith, Jeffe Jacoby, Ron Borges).— June 17, 2009 8:59 a.m.
The search for convention center money in San Diego
Gillette Stadium in Mass. was built with private funds. I think some public funds were used to improve infrastruture (route 1-main access to stadium) but that road needed it anyway.— June 16, 2009 2:02 p.m.