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County Retail Sales Dropping Sharply; Tax Receipts Will Feel It
And you do realize that the only reason MP1 and MP2 came along is that the city lost lawsuits and increased the retirement as a settlement? ============================ JF, where do you come up with this nonsense???? Pure baloney-that is what your post is. MP-I came in 1996, and it was NOT the result of a lawsuit. It was a way to lower pension contributions by the City so the City could put the money elsewhere but the pension board knew that was a SCAM. But INSTEAD of putting a STOP to that SCAM the pension board said "cut us in on the SCAM by increasing pensions and we'll play ball" thereby VIOLATING their FIDUCIARY DUTY to the pension fund-hence criminal charges for conflict of interest. My understanding of MP-II is that is was just more of the same, allowing underfunding of the pension fund for more pension $$$, while violating fidcuiary duties-but I am less informed on MP II.— July 19, 2008 11:47 a.m.
Lepine Drops Harassment Suit, Receives No Payment. Will Campaign Now Focus on Goldsmith's Domestic Uproars?
Back in my high school days (early 1950s), the girls would speak something that I think was called Pig Latin, or some variation. In any case, the boys couldn't understand it. I always figured they were saying, "What a boring couple of guys these dolts are!" Best, Don Bauder ====================== Don't feel bad.... I still get that today.... :)— July 19, 2008 11:41 a.m.
Lepine Drops Harassment Suit, Receives No Payment. Will Campaign Now Focus on Goldsmith's Domestic Uproars?
Response to post #60: I am going to assume that OMG means "Oh, my god." Correct me if I am wrong. Best, Don Bauder By dbauder 7:16 p.m., Jul 18, 2008 > Report it ====================================== http://www.urbandictionary.com/define.php?term=omg— July 19, 2008 10:19 a.m.
County Retail Sales Dropping Sharply; Tax Receipts Will Feel It
McGrory isn't 100% responsible for MP2. It was done in 2002, while he left to work for Price and the Padres in 1997. ==================== I didn't know that-I thought they were both JM's handy work. My bad. But they have both turned out to be disaters-that's for sure.— July 18, 2008 12:19 p.m.
County Retail Sales Dropping Sharply; Tax Receipts Will Feel It
I am NOT defending McGrory but he did set a funding ratio floor in MP-1. ================================== Yes, McGrory set the floor at 80% by falsly stating that a $25 million ballon payment would fix the problem if the floor was hit-GUESS WHAT-that $25 million dollar number was off by a factor of at least 20- with $500 million being the estimate to clear the floor. That is why good old Jack came up with MPII, because MPI was complete BS and could not be attained because the numbers were bogus. It was a scam, a fraud, plain and simple and IMO McGrory could have been held both civily and CRIMINALLY liable. McGrory is lucky he is not in the joint right now, because he could have been. He is a thief, plain and simple. Ripping off the many>> the poor and middle class, the ones much less well off than him, to line his pocket and others.— July 17, 2008 11:20 p.m.
Lepine Drops Harassment Suit, Receives No Payment. Will Campaign Now Focus on Goldsmith's Domestic Uproars?
Like, barf out Gag me with a spoon I am sure Totally... =========================== That brought back some good memories!— July 17, 2008 11:12 p.m.
More Wall Street Socialism: SEC Wants to Thwart Short Selling of Fannie, Freddie, Brokerage Stocks
Finally, an explanation of NORC. ==================== Here you go Don, in case you come across some more of those persky youth acronyms; http://www.urbandictionary.com/— July 17, 2008 12:22 p.m.
County Retail Sales Dropping Sharply; Tax Receipts Will Feel It
I have said it before...many times.....IMO Jack McGrory is the person most responsible for tSD's financial meltdown. He is the one that came up with the under funding/raise the pension scams knows as MPI and MPII. He said the pension would never get out of hand and if it did a $25 million dollar "ballon payment" would fix it......problem was the real amount to fix the problem was $500 million, not $25, off by a factor of 20.— July 16, 2008 8:45 p.m.
County Retail Sales Dropping Sharply; Tax Receipts Will Feel It
Tax receipts are not going up JF, they are flat and in some cases falling. Wait until everyone has their property taxes lowered to reflect the current deflated market rate-then we will have more problems. JF, the bottom line is very simple, government employees cannot "retire" at age 50 with a defined benefit of 90% of their highest salary-that is impossible to sustain and should never have been allowed to happen. For the person gettign that benefit/milking the system it is great-but you are taking from the many, most who are poor or fare less off, and giving to the few-who are already making well over $100K per year in regular pay and O/T. I for one did NOT vote or want the Clowncil to put money into 1) Jack Murphy, 2) Balboa Park, 3) the Padres Ballpark. That was a scam, just as the 3%@50 is a scam. You're using these corporte welfare scams to try to justify your 3%@50 scam does not cut it-two wrongs do not make a right. So just because money was put into other scams does not justify your scam.— July 16, 2008 6:22 p.m.
SDPD dog handlers want pay for after hours
The welfare queen cops just keep fleecing the San Diego taxpayer.— July 16, 2008 6:09 p.m.