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Cameras Lie
Davis says that the red-light violators are expected to pay a $486 ticket, only $55 of which goes to the City of Escondido. “That’s not right,” said Davis. “I want to know where the money goes to.” ==================== It goes to fund those 3%@50, $5 million pensions that the GED cops and Firewhiners have. Same with the sales tax increases. Those $5 million pensions are paid with real money, not monopoly money. So now you know why we have a 10% sales tax and $500 red light camera tickets.— June 29, 2010 3:50 p.m.
Despite $32.5 Million Funding Gap, City to Go Ahead with Library
Cuddles, I don't see middle or lower class San Diegans going goo goo gaa gaa over a Chargers stadium. And why would they??....since they could never attend?— June 29, 2010 11:24 a.m.
San Diego Still Shines in Case-Shiller Numbers, but....
Standard & Poor's/Case-Shiller homes values data for the period ended April 30 came out this morning (June 29), showing continued price gains by major metro areas. =============== More baloney. here is a report from OC that came out yesterday; Distressed homes market at May 2009 level June 28th, 2010, Here is the latest analysis of Orange County’s distressed share of the housing market by Steve Thomas of Altera Real Estate, who does a bi-weekly report on local residential real estate. His observations: “Since October 1, 2009, the distressed inventory has grown by 37%. The active distressed inventory has increased from 2,346 homes on October 1st and now totals 3,217, levels not seen since May of 2009. The distressed inventory now represents 31% of the current active inventory. Last year at this time, there were 2,919 distressed homes on the market, representing 32% of the active inventory. SOME RECOVERY— June 29, 2010 8:25 a.m.
May New Home Sales Plunge; West Worst. Wall Street Stunned
Don Dixon ran Vernon Savings & Loan, one of the biggest S&L failures of the 80's, along with Tom Speigal's Columbia S&L. As far as I know the only connection Dixon had to San Diego was the Del Mar beach house he bought with Vernon S&L money and supplied hookers to all his buddies when staying there.— June 28, 2010 11:10 p.m.
Paean to Jerry Dominelli
My first time on a "PC" was on an Apple IIE. The college only had one (the rest of the 'puters were on a time-sharing HP mainframe with dumb terminals). In fact, all of my IT-courses (between 1982-1985) were on college-supplied Apple products...and I loathed every minute of time on them. ===========\ That is when 25 Mhz 286 computers were $5K and Apple was trying to corner the education market. In fact when Jobs was booted from Apple he started nExt computers to go after the education market-and flopped big time.— June 28, 2010 11:06 p.m.
Be prepared for second recession in Calif.
Interest rates on consumer debt must be lowered. ======= Our business friendly Supreme Court fixed that by not allowing the states to regulate banks who are HQed elsewhere-to get around state consumer credit protections. It hurts the country when you have predatory lending. I have posted this before, but it is worth a second look; http://www.cashcall.com/General/Rates.aspx— June 28, 2010 10:56 p.m.
Weakening of "Honest Services" Could Affect SD Cases
I say we file a case in the Supreme Court saying if the Corp is a human being then it is a human being that is owned by other human beings through shareholders and is therefore a slave and illegal under the 13th ammendment. Then the corporation must cease to exist or concede it is NOT a human and Not entitled to the same liberties of us flesh and blood humans. By historymatters ============ You know what-that would be a very novel, and legit, argument. It is also a very "lawyerly" argument, b/c only a lawyer could come up with such a novel and creative argument like that. You went to law school HM?????— June 28, 2010 10:53 p.m.
Weakening of "Honest Services" Could Affect SD Cases
the City, including Golding and Casey Gwinn, promised voters that the ballpark would be revenue neutral. The bonds would be serviced with transient occupancy tax funds. It didn't happen. The ballpark costs more than $20 million a year. Should we throw those politicians in jail? ====== I would say YES-it is fraud in the inducement. Without the inducement there would be no ballpark. Calpers did the same thing with their pension increases in 1999 under SB 400, which granted retroative pension increases to all state employees of 33%-50%, and they did it by saying the fund would pay for the largess with excess earnings-guess what, that was baloney. So that was fraud also, and the Calpers board should also be tossed into the joint for fraud in the inducement. We can start a new trend here Don-gov officials who induce fraud get tossed in the slammer. That would root out 99% of gov's problems.— June 28, 2010 10:47 p.m.
Former Dentist Who Battled IRS Found Guilty of Tax Fraud
Better to stick a crowbar in your wallet and pay your share than it is to flip the bird at the IRS--and get stuck into durance vile for your pains. ======= And those felony convictions sure don't help.....— June 28, 2010 10:42 p.m.
Two More Con Men Headed to Prison
More than 150 investors had plunked $25 million in the pot on Hersch's claim that he could make them 2% to 6% per week -- repeat, per WEEK -- through his racetrack scheme ======== They deserved to get bilked. Idiots.— June 28, 2010 8:05 p.m.