OT: Want a high salary…work for san diego government….

[sdrealtor]

Exactly Eugene, you take a political appointment from the White House not because of the money you make today but rather the for the power and influence you will be able to yield down the road that will transalte into many times your political position.

The same can be said for a SD County DA but of course the downstream pay is onconsequential relative to the payoff one gets from be US AG.

[no_such_reality]

Keep in mind, those salaries come with a 80-100% pension and health benefits that come with COLA.

[no_such_reality]

Keep in mind, those salaries come with a 80-100% pension and health benefits that come with COLA.

[no_such_reality]

Keep in mind, those salaries come with a 80-100% pension and health benefits that come with COLA.

[no_such_reality]

Keep in mind, those salaries come with a 80-100% pension and health benefits that come with COLA.

[no_such_reality]

Keep in mind, those salaries come with a 80-100% pension and health benefits that come with COLA.

[joec]

It’s sad and we’re probably all guilty in some aspect of our lives, but society in the past 30 years seems all about people “getting theirs” and damn everyone else. One reason why exec pay is now 500x the avg worker vs 30x in the past.

This happened during the housing boom as well with many guilty parties and is happening with city governments/pensions.

Could people living in cities simply say, no more. Let’s just have the city (county?/state?) file for bankruptcy and then, we can renegotiate and toss out these obscene pension contracts?

You keep reading that this or that pension can’t be changed no matter what and when push comes to shove, if you’re bankrupt, I don’t think there should be much choice in keeping some of these things where the folks involved were simply ripping off the community.

Like the auto companies or the airlines, you either renegotiate or the whole company goes under and then, you get paid out cents on the dollar from the pension guarantee corp…

After that happens, maybe individual smaller communities can simply hire their own and start over without these bloated liabilities.

[joec]

It’s sad and we’re probably all guilty in some aspect of our lives, but society in the past 30 years seems all about people “getting theirs” and damn everyone else. One reason why exec pay is now 500x the avg worker vs 30x in the past.

This happened during the housing boom as well with many guilty parties and is happening with city governments/pensions.

Could people living in cities simply say, no more. Let’s just have the city (county?/state?) file for bankruptcy and then, we can renegotiate and toss out these obscene pension contracts?

You keep reading that this or that pension can’t be changed no matter what and when push comes to shove, if you’re bankrupt, I don’t think there should be much choice in keeping some of these things where the folks involved were simply ripping off the community.

Like the auto companies or the airlines, you either renegotiate or the whole company goes under and then, you get paid out cents on the dollar from the pension guarantee corp…

After that happens, maybe individual smaller communities can simply hire their own and start over without these bloated liabilities.

[joec]

It’s sad and we’re probably all guilty in some aspect of our lives, but society in the past 30 years seems all about people “getting theirs” and damn everyone else. One reason why exec pay is now 500x the avg worker vs 30x in the past.

This happened during the housing boom as well with many guilty parties and is happening with city governments/pensions.

Could people living in cities simply say, no more. Let’s just have the city (county?/state?) file for bankruptcy and then, we can renegotiate and toss out these obscene pension contracts?

You keep reading that this or that pension can’t be changed no matter what and when push comes to shove, if you’re bankrupt, I don’t think there should be much choice in keeping some of these things where the folks involved were simply ripping off the community.

Like the auto companies or the airlines, you either renegotiate or the whole company goes under and then, you get paid out cents on the dollar from the pension guarantee corp…

After that happens, maybe individual smaller communities can simply hire their own and start over without these bloated liabilities.

[joec]

It’s sad and we’re probably all guilty in some aspect of our lives, but society in the past 30 years seems all about people “getting theirs” and damn everyone else. One reason why exec pay is now 500x the avg worker vs 30x in the past.

This happened during the housing boom as well with many guilty parties and is happening with city governments/pensions.

Could people living in cities simply say, no more. Let’s just have the city (county?/state?) file for bankruptcy and then, we can renegotiate and toss out these obscene pension contracts?

You keep reading that this or that pension can’t be changed no matter what and when push comes to shove, if you’re bankrupt, I don’t think there should be much choice in keeping some of these things where the folks involved were simply ripping off the community.

Like the auto companies or the airlines, you either renegotiate or the whole company goes under and then, you get paid out cents on the dollar from the pension guarantee corp…

After that happens, maybe individual smaller communities can simply hire their own and start over without these bloated liabilities.

[joec]

It’s sad and we’re probably all guilty in some aspect of our lives, but society in the past 30 years seems all about people “getting theirs” and damn everyone else. One reason why exec pay is now 500x the avg worker vs 30x in the past.

This happened during the housing boom as well with many guilty parties and is happening with city governments/pensions.

Could people living in cities simply say, no more. Let’s just have the city (county?/state?) file for bankruptcy and then, we can renegotiate and toss out these obscene pension contracts?

You keep reading that this or that pension can’t be changed no matter what and when push comes to shove, if you’re bankrupt, I don’t think there should be much choice in keeping some of these things where the folks involved were simply ripping off the community.

Like the auto companies or the airlines, you either renegotiate or the whole company goes under and then, you get paid out cents on the dollar from the pension guarantee corp…

After that happens, maybe individual smaller communities can simply hire their own and start over without these bloated liabilities.

[davelj]

[quote=joec]

Could people living in cities simply say, no more. Let’s just have the city (county?/state?) file for bankruptcy and then, we can renegotiate and toss out these obscene pension contracts?

You keep reading that this or that pension can’t be changed no matter what and when push comes to shove, if you’re bankrupt, I don’t think there should be much choice in keeping some of these things where the folks involved were simply ripping off the community.
[/quote]

Would it be simpler just to institute a very high local or state pension tax (whichever applies) to all local and state government pensions above a certain amount, and direct those tax dollars back to the municipality in question? That way, the municipality gets a bunch of revenue returned to it from its pensioners and there’s no need to file BK. Kind of an end run around the problem, although I don’t know if it’s practical. I’m betting that folks would vote for it if it went straight to the ballot.

[davelj]

[quote=joec]

Could people living in cities simply say, no more. Let’s just have the city (county?/state?) file for bankruptcy and then, we can renegotiate and toss out these obscene pension contracts?

You keep reading that this or that pension can’t be changed no matter what and when push comes to shove, if you’re bankrupt, I don’t think there should be much choice in keeping some of these things where the folks involved were simply ripping off the community.
[/quote]

Would it be simpler just to institute a very high local or state pension tax (whichever applies) to all local and state government pensions above a certain amount, and direct those tax dollars back to the municipality in question? That way, the municipality gets a bunch of revenue returned to it from its pensioners and there’s no need to file BK. Kind of an end run around the problem, although I don’t know if it’s practical. I’m betting that folks would vote for it if it went straight to the ballot.

[davelj]

[quote=joec]

Could people living in cities simply say, no more. Let’s just have the city (county?/state?) file for bankruptcy and then, we can renegotiate and toss out these obscene pension contracts?

You keep reading that this or that pension can’t be changed no matter what and when push comes to shove, if you’re bankrupt, I don’t think there should be much choice in keeping some of these things where the folks involved were simply ripping off the community.
[/quote]

Would it be simpler just to institute a very high local or state pension tax (whichever applies) to all local and state government pensions above a certain amount, and direct those tax dollars back to the municipality in question? That way, the municipality gets a bunch of revenue returned to it from its pensioners and there’s no need to file BK. Kind of an end run around the problem, although I don’t know if it’s practical. I’m betting that folks would vote for it if it went straight to the ballot.

[davelj]

[quote=joec]

Could people living in cities simply say, no more. Let’s just have the city (county?/state?) file for bankruptcy and then, we can renegotiate and toss out these obscene pension contracts?

You keep reading that this or that pension can’t be changed no matter what and when push comes to shove, if you’re bankrupt, I don’t think there should be much choice in keeping some of these things where the folks involved were simply ripping off the community.
[/quote]

Would it be simpler just to institute a very high local or state pension tax (whichever applies) to all local and state government pensions above a certain amount, and direct those tax dollars back to the municipality in question? That way, the municipality gets a bunch of revenue returned to it from its pensioners and there’s no need to file BK. Kind of an end run around the problem, although I don’t know if it’s practical. I’m betting that folks would vote for it if it went straight to the ballot.

[Author]

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