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California Is in Such a Financial Quagmire That There Could Be Municipal Bankruptcies
Also regarding that list of Vallejo salaries you keep throwing out everywhere.Capt Joann West retired after 30years of service. Her 2007 is reflective of a one time retirement payout. ======== Baloney. You do not get "one time pay outs" for City work. I guess you think that is true for the other 24 listed that made over $200K in CASH alone...man, it never stops with Gov employees. Nice try. Wont work. I am immune to the welfare queen lie.— April 8, 2008 8:13 a.m.
Award-winner milks Big Bear resort
What is your connection? what is the point to tell you how much he owes us? ========== You sound a little mad with him. I have no connection, but I think it isa pretty interesting story, even more so because I think La China is posting in the thread.— April 7, 2008 10:29 p.m.
San Diego plays big role in Field of schemes
Response to post #37: Chula Vista is in deep financial trouble and is still discussing two massive corporate welfare projects: the Gaylord resort/hotel and the Chargers stadium. ========= Chula Vista is going to file BK, sooner or later. I said that 18 months ago, and it will happen. There is now way CV can do ANYTHING for the Chargers, they do not have the resources.— April 7, 2008 10:26 p.m.
SEC Charges Five Former City Officials with Fraud for Roles in False Municipal Bond Filings
Actually, Johnny, it was the other way around. McGrory, Uberuaga, et al needed more money, so they came to the unions and begged for some kind of relief. Some kind of deal. So we gave them one. =========== That is the problem, you/your union bosses went along with ascam, and in the process violated a legal/fiduciary duty-they broke the law. Plain and simple. If your union bosses had stuck to the law and refused the undefunding scam you would be OK today-a little less pension, but a pension that was funded.— April 7, 2008 10:23 p.m.
California Is in Such a Financial Quagmire That There Could Be Municipal Bankruptcies
Johnny, I have never once said that you get full SS benefits at age 62. What I said was that even though they don't get full benefits, the *****average retirement age for Americans is still 62. ========= That may be true-but that is not the average SS retirement age.— April 7, 2008 7:10 p.m.
Award-winner milks Big Bear resort
Paybacktime-time to cough up your conection to this scammer and how much he is into you for.— April 7, 2008 7:08 p.m.
SEC Charges Five Former City Officials with Fraud for Roles in False Municipal Bond Filings
I think it's fairly common knowledge that the city didn't have the money to pay for the RNC, the ballpark, the Faberge eggs, etc. Folks like Uberuaga, McGrory, etc. were charged by elected officials to "find the money". So they did. ======= Yes, they did, and you know why?? Because your pension leaders ran with the scam in order to get more $$$$, thereby VIOLATING their fiduciary DUTY to maintain and make sure the fund was solvent. The pensions officials could have STOPPED all of this scam underfunding in it's tracks, but instead they followed their greed.— April 7, 2008 6:58 p.m.
SEC Charges Five Former City Officials with Fraud for Roles in False Municipal Bond Filings
These are actually civil fraud charges, so no jail time, bummer! Get a load of this; Mary Vattimo: Former city treasurer. in a 2003 memo said the pension deficit "numbers are staggering," yet discouraged disclosure. Reports in Dec. 2004 that employees in her office >>>>were destroying documents<<<<< put the FBI on alert. =================== Hahaha.....I cannot believe how stupid some people are. Why they didn't charge her with obsrtcution is a mystery to me.— April 7, 2008 6:21 p.m.
California Is in Such a Financial Quagmire That There Could Be Municipal Bankruptcies
FF and PD retirement with FULL benefits is age 50, and you get 90% of HIGHEST years pay, plus DROP and all sorts of other scams. Full benefits for Social Security is age 66, and will be 67 in 2 more years, you might get 35% of your highest years wage-if you are LUCKY at age 67. And JF, dont tell that baloney lie here that you get full retirement benefits in SS at age 62, not true. Age 62 is the absolute EARLIEST you can get SS(you cannot get SS at age 61 or before) and it is a SMALL fraction of what you get when you wait until 67.— April 7, 2008 4:57 p.m.
SEC Charges Five Former City Officials with Fraud for Roles in False Municipal Bond Filings
I hope these dirtbags get prison time, not jail, but prison. The damage and harm that has been done cannot be calculated, but there is plenty of blame to go around, and this is a good start.— April 7, 2008 4:51 p.m.