Other Story Related Links
http://voiceofsandiego.org/articles/2007/08/11/ne…
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Oh brother. Thanks Fred, I just threw up after reading that VoSD article and the Republican garbage this clown spewed out........
Typical talking points, that is until they need a Bear Sterns type bail out from their high leverage, high risk business gambling.......errrr...I mean "business practices"! — April 29, 2008 10:43 p.m.
Chairman of San Diego GOP Co-Founded International Piracy Ring, Says Online News Website
Question: why does a young man who is an expert in cracking computer software rise quickly to the top in American politics? ============================= That is a pretty puzzling question, I mean the guy isn't even local! Where are the Gordon Luce's when you need them........— April 30, 2008 8:06 a.m.
Chairman of San Diego GOP Co-Founded International Piracy Ring, Says Online News Website
Other Story Related Links http://voiceofsandiego.org/articles/2007/08/11/ne… ============================== Oh brother. Thanks Fred, I just threw up after reading that VoSD article and the Republican garbage this clown spewed out........ Typical talking points, that is until they need a Bear Sterns type bail out from their high leverage, high risk business gambling.......errrr...I mean "business practices"!— April 29, 2008 10:43 p.m.
U-T, North County Times Lose Circulation, but LA Times, Orange County Register Do Worse
Yesterday we mistakenly got the U-T delivered instead of our usual L.A. Times. We felt as though we'd received lukewarm coffee out of a vending machine rather than our usual freshly-brewed French roast... ======= I hear ya!!! One of the saddest days of my life was in 1988 when the LA Times closed down the San Diego operation/bureau. I still subscribed, but it was not the same. Who remembers when the LA Times broke the SDPD story on Bill Kolander fixing traffic tickets for his buddies!!!! BUSTED!!! (but admittingly not as good as the Cunningham bust by the UT).— April 29, 2008 12:18 p.m.
San Diego House Price Declines Among Largest in Nation
Ugh. You make me sick. A young man, lacking in maturity and experience, may be excused for being incontinent, unsure, indecisive. But an old man, like you? It's scary to think that's it's people like you who are commentating about world events and advocating such and such, when you yourself don't believe in what you claim to believe. By Apple ======================= Ouchie, Ouchie!! But in defense of Don, I think what Don advocates is what is taught in 9th Grade History/Civics- Lazie Faire policy. Ground rules, although limited, for free enterprise and commerce-- the essential blue print for economic propsperity, or Lazie Faire policy for short. We need regulation to keep everyone honest-but only the least amount of regulation needed to do that. When you have Wall STreet (a Bear Stearns Cos.) PRIVATIZING profits but SOCIALIZING the risks you have big problems that need fixing (Hmm...where have I SEEN THIS BEFORE?...Oh, the Savings and Loan scandals of the late 80's and Michael Milken....lol).— April 29, 2008 12:12 p.m.
San Diego House Price Declines Among Largest in Nation
I agree with all of your points. Making banks service their own loans instead of securitizing them and selling them to Wall Street/Bear Stearns Cos and others 1 second after they are funded would cure many/most of the liar loan problems. Here is something you might find interesting on the Bear Stearn Cos. bailout(if you have not already seen it), it is a carbon copy view that Mike Aguirre, his brother, me and just about every single person I know subscribes to and agrees with; http://www.latimes.com/business/la-fi-bear29apr29… Former Fed official criticizes Bear Stearns rescue Vincent Reinhart calls the move the 'worst policy decision in a generation.' (man he aint kidding-lol!) From Bloomberg News April 29, 2008 Vincent Reinhart, a former top Federal Reserve aide, said Monday that the central bank's rescue of Bear Stearns Cos. was the "worst policy decision in a generation." Fed officials invoked emergency powers last month to loan $13 billion to Bear Stearns after the fifth-largest U.S. securities firm said it was considering filing for bankruptcy. "The panicked decision jumped over other possibilities" and may prove as damaging as Fed policy errors that caused the "great contraction" of the 1930s and the "great inflation" of the 1970s, said Reinhart, who was a senior policy advisor to former Fed Chairman Alan Greenspan and the current chairman, Ben S. Bernanke.— April 29, 2008 12:03 p.m.
U-T, North County Times Lose Circulation, but LA Times, Orange County Register Do Worse
LA Times is the best paper in the nation. Too early to tell if Zell's purchase will cause any changes-good or bad-he just bought the paper a few months ago. Zell is taking a hands off approach. Dianne Jacobs was bent out of shape last week they would not run an editorial she sent in regarding Zell and a mobile home park he owns in the east county.— April 29, 2008 8:34 a.m.
San Diego House Price Declines Among Largest in Nation
Don, when you say the home prices dropped in February, is that compared against the previous February (2007 v 2008)? Or are you saying it dropped 5% in the single month of February 2008? San Diego, Las Vegas and Florida (mainly Miami) are where the housing bubbled the most, so I am surprised Florida did not show up on the list. This is what happenes when Alan "Mr. Bubble" Greenspan keeps interest rates artificially low and the Feds allow scam loans with no money down and no credit worthyness.— April 29, 2008 8:31 a.m.
Why You Don't Get Accurate Information on San Diego from U-T Editorial Page
HEY LOOK- LA is catching the San Diego pension scamitis disease!!! Pretty soon LA will be facing San Diego style pension black holes...oh wait-they already are!!! And it is no different than the $103 million dollar San Diego pension bond boondogle, delay paying upfront so you can pay DOUBLE on the back end!!!! I love it. L.A. pension-payment delay plan called accounting gimmick A proposal to delay an $81-million payment to the city's employee pension fund until next year is drawing criticism. By David Zahniser, Los Angeles Times Staff Writer April 28, 2008 Los Angeles Mayor Antonio Villaraigosa's plan to balance the city's $7-billion budget is filled with ideas that are starting to draw heat from the public: cuts in Sunday library hours, mandatory employee furloughs and a 38% hike in trash fees, to name a few. But within City Hall, one proposal generating fierce debate is a little-known plan to delay an $81-million payment to the city's employee pension fund until next year -- a move criticized by some as an accounting gimmick. Delaying that payment would cost taxpayers more than $15 million in penalties, according to a document issued Friday by the city's top budget analyst. By 2013 -- which could be Villaraigosa's eighth and final year as mayor, should he win a second term -- the rearranged payment schedule would have cost the city $85 million, a sum larger than the payment being delayed this year. http://www.latimes.com/news/local/la-me-labudget2… L.A. pension-payment delay plan called accounting gimmick A proposal to delay an $81-million payment to the city's employee pension fund until next year is drawing criticism. By David Zahniser, Los Angeles Times Staff Writer April 28, 2008 Los Angeles Mayor Antonio Villaraigosa's plan to balance the city's $7-billion budget is filled with ideas that are starting to draw heat from the public: cuts in Sunday library hours, mandatory employee furloughs and a 38% hike in trash fees, to name a few. But within City Hall, one proposal generating fierce debate is a little-known plan to delay an $81-million payment to the city's employee pension fund until next year -- a move criticized by some as an accounting gimmick. Delaying that payment would cost taxpayers more than $15 million in penalties, according to a document issued Friday by the city's top budget analyst. By 2013 -- which could be Villaraigosa's eighth and final year as mayor, should he win a second term -- the rearranged payment schedule would have cost the city $85 million, a sum larger than the payment being delayed this year. The City Council's Budget and Finance Committee is scheduled to discuss the plan today, the first day of budget hearings. But some council members are raising doubts about the payment proposal. "The fundamental question at the end of the day is, are we being penny-wise and pound-foolish?" asked Councilman Richard Alarcon.— April 28, 2008 8:05 a.m.
U-T's Combined Paper and Online Edition Lose Market Share in County, According to Report
I'm sure you know that the establishment cabal that runs San Diego and most of its politicians does not believe in people having a say in government. Best, Don Bauder ======================= That is why things are changing-the cabal does not have the power it once had-this blog and others like it are the main reason. Information, ideas and thoughts are transmitted in real time to all corners of the county, state and world. This information is power-and with that instant information and sharing of thoughts the power base is finally shifting to the people. No longer do the UT and other power brokers have a monopoly on information services. Look to the decline of the UT and how a guy like Flannery, a single person, can directly compete with the UT. That is really amazing when you think about it. The Internet is turning out to be the great equalizer. I firmly believe, and have stated for the last year, that Sanders is not going to be re elected. I think that one of the biggest reasons for this is information sharing and being able to speak out-like here. This did not happen even 10 years ago-1998- yet here we are in 2008 griping and moaning like responsible civic-minded taxpayers-and making a BIG difference. Mark my words, Sanders is history, and Mike should be re elected-and if that does happen it will be in large part to blogs like this.— April 27, 2008 8:49 p.m.
Why You Don't Get Accurate Information on San Diego from U-T Editorial Page
Oh, I just posted about this on your other blog entry today, before this one came out...my bad.— April 27, 2008 9:03 a.m.