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Fire Department Compensation Far Higher than Private Sector's: Study
Flipping houses is a business, a business that you build-it takes brains and money, it is not a rank and file job. I can guarantee you that very few business people can make money at it, and far fewer public employees could even dream of making money at it-and it is also cyclical. I was a real estate broker and I was working during and after the S&L bust of the late 1980's and no one was making any money after the bust. Guys who made $150K in 1989 were making $15K in 1991, and many made a big fat $0, the goose egg. There was just no business. And that was gross. People who are in real etsate or lucky enough to flip houses have NO BENEFITS at all. Zero. In addition they have to pay both sides of payroll taxes-15.3%. Real estate is 100 times more intense, more demanding and more competitive than a gov job, they are not even in the same universe, much less the same ballpark.— April 22, 2011 8:32 p.m.
Letting Go... The End Of An Era
I still have my 86.5 Nissan Hardbody truck. Bought it brand spanking new. Has 335K miles on it, and runs strong. Quarter of a century old. Love it!— April 22, 2011 3:27 p.m.
Fire Department Compensation Far Higher than Private Sector's: Study
We need to stop the off shoring of our jobs, it is that simple, if we don't we will dig a deepr and deeper hole, until we just meltdown 100%.— April 22, 2011 3:24 p.m.
Fire Department Compensation Far Higher than Private Sector's: Study
I can't stop laughing at the last phase of that statement. Especially if you put it into the context of the last two periods of extended prosperity. When private sector business were growing exponentially, public sector pay and benefits were of NO concern whatsoever. =============== Well, lets review you little statement. #1) Private sector pay-it has been stagnant for the last 11 years, and in many cases has actually gone down, as has the average standard of living. Now lets compare that to public safety pay in this state, which has gone up 97% in the last 10 years, or nearly doubling. Now add in the millions in unearned retroactive pension increases, which start after working 35% less than the private sector, and when counting only fulltime employees who have 30 years of service credit average 9-10 times that of social security. #2) next, I know you are going to claim you have a "neighbor" or a "friend" who made $500K or more per year in "real estate" (in fact you have claimed this), or in "loans" or "stock options", and I would again ask you to please name the companies that have these great benefits. I have worked in real estate, I know how hard the job is and that the average agent or broker makes less than $5K per year. And it is a straight commission job with NO benefits whatsoever. Last, "flipping houses" is not a job, that is a business, and very FEW people made money in it, in fact most people I know lost everything they had, but again, it is not a job, it is not an employer-employee relationship, those people are entrepreneurs. I want YOU to NAME the companies where rank and file employees can be hired with either a GED or HS diploma, and get a starting benefit package of $150K-$200K. Gov Moonbeam is trying to ink a new prison guard contract where NEW HIRES will get 8 weeks of vacation and sick leave straight out of the blocks-and it goes up as they gain seniority. I want to see that in the real world. Please show me these so called "riches" the private sector had, for the applicants who were hired ast SDPD/FD. They would never be hired anywhere in the private sector in San Diego for anything more than $8-$10 an hour, with limitded if ANY benefits with just a HS diploma. You live in the Fantasyland of a system that is grossly overcompensated and is now crashing-because it is not in the free market. You better hope your pension fund does not get wrapped up in a BK court and that your pension is secure, because right now it is on a collision course with Mr. Math. Once Mr. Math arrives, reality sets in. The gravy train is over. All the spin that you and your buddies gave up "riches" in the private sector is laughable. You're making 10 times more in your gov workfare job than you could ever have dreamed of in the real world. FF's are making MORE out of the blocks at age 21 than doctors are with 10 years of college and hundreds of thousands in student loan debt.— April 22, 2011 3:21 p.m.
Fire Department Compensation Far Higher than Private Sector's: Study
Instead of trying to add to the DEMISE of America's middle class, why aren't more DEMANDING wages and benefits to support it and have it flourish. ============== Hmmm, correct me if I am wrong, but isn't that what the private sector has been doing for the last 30 years??? . This has always bothered me...it's the attitude, if I've lost something you need to loose too so we're even. =================== No, the attitute is this; "Stop trying to steal my income (from the many taxpayers) to fund your (the few gov employees) gold plated, Cadillac, CEO type pay and benefits. benefits that are 100 times better than ours. If you want CEO style pay and benefits then earn it yourself, stop stealing from the poor and middle class". That is how I view it and I am not outside the mainstream.— April 22, 2011 12:33 p.m.
Major League Baseball Will Run Dodgers
**********BREAKING NEWS********* "MLB is Taking Over California" . http://foxandhoundsdaily.com/blog/joel-fox/8907-m… .— April 22, 2011 12:17 p.m.
Major League Baseball Will Run Dodgers
It appears from what I have been reading is that the clause is valid (or at least was in the past), but there are limtis to it. The limitations are what a court would rule on- did the Commissioner go too far in any of his "best interest" actions.— April 22, 2011 8:57 a.m.
Major League Baseball Will Run Dodgers
The figure you read is season ticket sales, which indeed are down almost 40% since 2007 =========== Oppsss...SEASON tickets! "Meanwhile, season-ticket sales have fallen from 27,000 in 2007 to about 17,000 this season, according to court documents and baseball sources."— April 22, 2011 8:55 a.m.
Fire Department Compensation Far Higher than Private Sector's: Study
A person who works 30 years in a government job and retires with 90% of pay at age 50 is on the public payroll as a retiree as long as he or she worked. Somebody should do some basic math. It doesn't add up. =================== If they retire at age 50 (with 30 years -or less- of service credit) they will live to age 81 (31 yrs) if male and 85(35 yrs) if female. Their pension pay will average at least double, if not triple, their average pay while actually working; Here is the CalPERS life expectancy data for public safety members (police and fire, which are grouped together by the pension fund): • If the current age is 55, the retiree is expected to live to be 81.4 if male, and 85 if female. • If the current age is 60, the retiree is expected to live to be age 82 if male, and 85.5 if female. • If the current age is 65, the retiree is expected to live to be age 82.9 if male, and 86.1 if female.— April 22, 2011 8:43 a.m.
Major League Baseball Will Run Dodgers
You have a leg up on me. I read one or two McCourt stories and became nauseous. ============ If it is true that the McCourt's diverted a whopping $105 million of Dodger revenue to fund their lifestyle, then I think both have to go ASAP.That may not be true or accurate though. Another item the LAT touched on, from 73-86 the Dodgers lead the league in ATTENDANCE except for one year. I was surprised to hear that-especially when they are only averaging 17K per game this season, down from 27K 4 years ago.— April 21, 2011 9:52 p.m.