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San Diego City Employees pension fund ailing
JF just doesn't get it, and no matter what you say he will come back with the "we need $200k per year to get the 'best and brighest' applicants" which is absurd (yet I har this argument for every single job there is in the public sector-including judges who get over $200K per year with bene's for a pretty cushy 40 hour week job). The private sector, which is far more productive and effecient than the public sector, has no problem finding good qualified employees ..........for a fraction of what gov pays. I predict as long as special intersts can conribute to/bribe elected officials nothing will change-until we go BK or the funds just dry up-which is basically what is going on right now.— January 4, 2009 2:03 p.m.
Jeff Moorad, Former Players' Agent, Says He Has Reached Agreement in Principle to Purchase Padres
The Chargers just beat the Colts in overtime. Next week the Chargers play the Steelers, whose quarterback recently suffered his third concussion. I repeat what I said earlier: the Chargers look headed for the Super Bowl ==================== San Diego is hedng to Pittsurg (if balitmore keps winnning), and Pittsburcg hs an awfl offensive line, and I have said for months that hey wont win in th eplayoffs because of the O-line, I stand behind that. As an all around team the Chargers are without a doubt the most taletned team in the NFL today-they are team to beat in the playoffs and the Superbowl-and there is no doubt in my mind that if they play the football they have played the last 5 weeks no one will touch them. They dominated the Colts, and take out the fluke Colts TD when the Chargers D was snoozing, and the 1 yard line Sproles fumble and it would not even have been a close game. I feel sorry for San Diego taxpayers if they win the Superbowl, because you know a billion dollar lease revenue bond will be jus around the corner for the insolvent city.— January 4, 2009 12:39 p.m.
San Diego City Employees pension fund ailing
Im up but I have figured out this is an exercise in futility, JF thinks money grows on trees and the roads are paved with gold......I just simple state the truth, these pensions are not sustianable, even the 6 figure salary is not really sustainable.— January 4, 2009 12:31 p.m.
Jeff Moorad, Former Players' Agent, Says He Has Reached Agreement in Principle to Purchase Padres
Jerry Maguire is fictional, but it is built around the life of a superstar sports agent, and Steinberg was the consultant to the show-so I guess that is why I said it is based on Steinberg. As for Crowe "creating" the Jerry Maguire character, I would suggest Leigh created more of it than Crowe did. As an interesting side note about Jerry Maguire, the best person in the movie to me is Jerry Maguire's role model "Dickey Fox", who in realty is Columbia Pictures (now Sony Pictures) long time (35 years) lead in-house legal counsel, Harvard Law School educated Jared Jussim......swear to god, I'm not making that up!— January 3, 2009 11:35 a.m.
San Diego City Employees pension fund ailing
OK, who is going to have the honor of being poster #100 in this thread??????— January 3, 2009 11:25 a.m.
San Diego City Employees pension fund ailing
Oh, and Johnny, your own documents from Contra Costa County showed that your $200K/year bit is just so much more BS and exaggeration from you. ======================= Actually that was not my document,but a government document, and it supported my claims of a $200K per year average compensation for PD and FD, with pension costs being equal to 60% of base pay for the cops and FFs. As for living costs-you have to include them because you are not earning a living while you atend college-which is slightly harder than paying living expenses when you have a $200K per year job but only posess a GED.— January 3, 2009 11:24 a.m.
Jeff Moorad, Former Players' Agent, Says He Has Reached Agreement in Principle to Purchase Padres
I posted on the UT's page that Moorad was Leigh Steinberg's law partner, they were/are superstar sports agents. Jerry Maguire was based on Steinberg's life, and Leigh and Moorad have a cameo in the last scene- at the end where Leigh introduces Troy Aikman to Tom Cruise when Cuba is getting interviewed by Roy Firestone. The HBO series Arliss also used Leigh as a model for the show. He is the biggest name in sport agents, and him and Moorad worked out of newport beach-Steinberg still does-when he is not drunk (has had some serious legal troubles related to alcohol).— January 2, 2009 10:57 p.m.
San Diego City Employees pension fund ailing
That Chappaqua ad is really something. Yes, big law firms are liquidating and slicing payroll. Lawyers have been among the most overpaid people in the private sector. ======================== Boy you are not kidding it is really womething. A legal education today is $4K per class, X 30 classes = $120K, plus living expenses for 36 months at 1,500/mo that is an additional $54K, total = $174K for a law degree today. And that NY job required 2 years experience so it was not even entry level- so I think we can lower pay for all entry level cops and FF's and have nothing to worry about.— January 2, 2009 7:10 p.m.
San Diego City Employees pension fund ailing
Really? So the city didn't lose the Corbett case? That's the one which granted 3% at 50, not MP1 or MP2. Corbett also validated DROP. Again, do you think that a bankruptcy judge will take actual court cases granting benefits into account versus a contract. The judge may be able to reverse contracts. I'm not so sure a judge can reverse the ruling of another court. ================== JF, we were clearly referring to Aguirre's pension lawsuit-not lawsuits settled years ago. Why do you always compare apples to oranges??? You did the same thing when you said the OC pensions were not touched in their BK-then when I point out they did not have the 3%@50 scam then you turn around and say SAN DIEGO had it.......yet we were clearly speaking about OC. As for MP1, MP2 and Corbett stipulations, the BK judge most certainly can wipe those gains out-not by relitigating them, just by saying the benefits granted by them cannot be met. That's it. If San Diego files BK, and a judge declares we qualify because bills cannot be paid, then the next move is to reduce pay, benefits, pensions, whatever else to get the city back to health-and that would include any gains made by the cases you listed. Listen JF-you still do NOT get it. Payng HS educated entry level workers (workers that have no prior work experience or education for a PD or FD job) $200K per year with bene's is over. That cannot be sustained and it has pushed the city, the county and the state to bankruptcy. You are not going to be retiring at age 50 making more than when you worked for 30-40, even 50 years or more on the taxpayers dime. It is ending. The writing is on the wall, it ha been on the wall for sometime now. Youneed to accept that. I have never met so many complainers who are being paid so much more than others with the same background and credentials, and yet continue bitch about their compensation. There are law firms today advertising for lawyers (with 7 years of college under their belt) with 2 years minimum experience for $25 an hour with NO benefits, in the lagest metro area in America. You and all your buddies could be replaced in 24 hours, more than likely by more qualified employees at 1/4 your pay. P/T Associate Attorney 15-20 hrs/week (Chappaqua) Must be admitted in New York. Must have a minimum of 2 years of general practice civil experience. No criminal, bankruptcy, or immigration law. Westchester resident preferred. Must have own car. $25/hr Respond by email with resume only. Please do not respond if you do not have these credentials. http://newyork.craigslist.org/wch/lgl/976650418.h…— January 2, 2009 3:31 p.m.
City of Industry to Vote Jan. 20 on $500 Million Infrastructure Bond that Would Serve Planned New Stadium
I just feel strongly that a pro sports team DOES add to a city, and that San Diego is too large, and to great to be without a major athletic team. ======================== There is a big difference between having a pro sports team and getting taken to the cleaners for billions in subsidies. You should have qualified your statement by saying pro sports teams add to a city and YOU feel paying them billions to be here is OK. I love pro teams too-as do most people. And refusing to get blackmailed does not change that love-although people like you seem to think it shows we hate the teams because we refuse to submit to blackail.— January 2, 2009 11:57 a.m.