[UCGal]

[quote=fsbo]I know a guy who has been in property-tax defaults since 2006. Not paying any single cent of property tax, he owes SD county over $20K by now, not including the penalties.
What will be the consequence of property-tax defaults? It seems county’s collector would rather collect the tax later for more penalties:)[/quote]

I’m curious about this for purely vindictive reasons. The slimy contractor that abandoned our project is currently in default to the tune of over $14k. I’d love to see something more tangible done to him than just being listed in default for a few years. (He also has a state tax lien against him.)
I’m not surprised, he took our money and didn’t pay subs… so why would he pay tax obligations. (Like I said – I’m vindictive in my interest. Not the nicest side of my personality.)

[UCGal]

[quote=fsbo]I know a guy who has been in property-tax defaults since 2006. Not paying any single cent of property tax, he owes SD county over $20K by now, not including the penalties.
What will be the consequence of property-tax defaults? It seems county’s collector would rather collect the tax later for more penalties:)[/quote]

I’m curious about this for purely vindictive reasons. The slimy contractor that abandoned our project is currently in default to the tune of over $14k. I’d love to see something more tangible done to him than just being listed in default for a few years. (He also has a state tax lien against him.)
I’m not surprised, he took our money and didn’t pay subs… so why would he pay tax obligations. (Like I said – I’m vindictive in my interest. Not the nicest side of my personality.)

[UCGal]

[quote=fsbo]I know a guy who has been in property-tax defaults since 2006. Not paying any single cent of property tax, he owes SD county over $20K by now, not including the penalties.
What will be the consequence of property-tax defaults? It seems county’s collector would rather collect the tax later for more penalties:)[/quote]

I’m curious about this for purely vindictive reasons. The slimy contractor that abandoned our project is currently in default to the tune of over $14k. I’d love to see something more tangible done to him than just being listed in default for a few years. (He also has a state tax lien against him.)
I’m not surprised, he took our money and didn’t pay subs… so why would he pay tax obligations. (Like I said – I’m vindictive in my interest. Not the nicest side of my personality.)

[UCGal]

[quote=flu]
I’ve seen these games played so many times … If I were to guess, I’d say it’s not showing up under WARN because the RIF probably fell under the magic number…(The first two RIFs I believe was over the number so there was a WARN reporting for those)…And like I said, this most likely isn’t the last one. You can put two and two together….That’s all i have to say for now. I don’t want them to change what I think they are trying to do. In fact, I want them to walk right into it, if you know what I mean.

Note to self: add this company to my personal blacklist of companies never to work for. HP is another company that is on the top of my list.[/quote]

I have friends who work at Motorola (and a few who have been laid off by Motorola in recent months). Motorola doesn’t show up on the WARN list for San Diego. I presume they keep the RIFs under 50 per/week to avoid the notice – but what I hear – a lot more than 50 have been laid off from the San Diego site in the recent months. If they keep the number low per location, per time period – they can lay off a LOT Of people without filing WARN notices.

They also haven’t shown up on the Federal warn notices, but have laid off 8000 in the first half of the year. The federal rules are a lot looser, though (500/site)

[UCGal]

[quote=flu]
I’ve seen these games played so many times … If I were to guess, I’d say it’s not showing up under WARN because the RIF probably fell under the magic number…(The first two RIFs I believe was over the number so there was a WARN reporting for those)…And like I said, this most likely isn’t the last one. You can put two and two together….That’s all i have to say for now. I don’t want them to change what I think they are trying to do. In fact, I want them to walk right into it, if you know what I mean.

Note to self: add this company to my personal blacklist of companies never to work for. HP is another company that is on the top of my list.[/quote]

I have friends who work at Motorola (and a few who have been laid off by Motorola in recent months). Motorola doesn’t show up on the WARN list for San Diego. I presume they keep the RIFs under 50 per/week to avoid the notice – but what I hear – a lot more than 50 have been laid off from the San Diego site in the recent months. If they keep the number low per location, per time period – they can lay off a LOT Of people without filing WARN notices.

They also haven’t shown up on the Federal warn notices, but have laid off 8000 in the first half of the year. The federal rules are a lot looser, though (500/site)

[UCGal]

[quote=flu]
I’ve seen these games played so many times … If I were to guess, I’d say it’s not showing up under WARN because the RIF probably fell under the magic number…(The first two RIFs I believe was over the number so there was a WARN reporting for those)…And like I said, this most likely isn’t the last one. You can put two and two together….That’s all i have to say for now. I don’t want them to change what I think they are trying to do. In fact, I want them to walk right into it, if you know what I mean.

Note to self: add this company to my personal blacklist of companies never to work for. HP is another company that is on the top of my list.[/quote]

I have friends who work at Motorola (and a few who have been laid off by Motorola in recent months). Motorola doesn’t show up on the WARN list for San Diego. I presume they keep the RIFs under 50 per/week to avoid the notice – but what I hear – a lot more than 50 have been laid off from the San Diego site in the recent months. If they keep the number low per location, per time period – they can lay off a LOT Of people without filing WARN notices.

They also haven’t shown up on the Federal warn notices, but have laid off 8000 in the first half of the year. The federal rules are a lot looser, though (500/site)

[UCGal]

[quote=flu]
I’ve seen these games played so many times … If I were to guess, I’d say it’s not showing up under WARN because the RIF probably fell under the magic number…(The first two RIFs I believe was over the number so there was a WARN reporting for those)…And like I said, this most likely isn’t the last one. You can put two and two together….That’s all i have to say for now. I don’t want them to change what I think they are trying to do. In fact, I want them to walk right into it, if you know what I mean.

Note to self: add this company to my personal blacklist of companies never to work for. HP is another company that is on the top of my list.[/quote]

I have friends who work at Motorola (and a few who have been laid off by Motorola in recent months). Motorola doesn’t show up on the WARN list for San Diego. I presume they keep the RIFs under 50 per/week to avoid the notice – but what I hear – a lot more than 50 have been laid off from the San Diego site in the recent months. If they keep the number low per location, per time period – they can lay off a LOT Of people without filing WARN notices.

They also haven’t shown up on the Federal warn notices, but have laid off 8000 in the first half of the year. The federal rules are a lot looser, though (500/site)

[UCGal]

[quote=flu]
I’ve seen these games played so many times … If I were to guess, I’d say it’s not showing up under WARN because the RIF probably fell under the magic number…(The first two RIFs I believe was over the number so there was a WARN reporting for those)…And like I said, this most likely isn’t the last one. You can put two and two together….That’s all i have to say for now. I don’t want them to change what I think they are trying to do. In fact, I want them to walk right into it, if you know what I mean.

Note to self: add this company to my personal blacklist of companies never to work for. HP is another company that is on the top of my list.[/quote]

I have friends who work at Motorola (and a few who have been laid off by Motorola in recent months). Motorola doesn’t show up on the WARN list for San Diego. I presume they keep the RIFs under 50 per/week to avoid the notice – but what I hear – a lot more than 50 have been laid off from the San Diego site in the recent months. If they keep the number low per location, per time period – they can lay off a LOT Of people without filing WARN notices.

They also haven’t shown up on the Federal warn notices, but have laid off 8000 in the first half of the year. The federal rules are a lot looser, though (500/site)

[UCGal]

[quote=flu]What is the life expectancy of a good solar panel? Just curious. 10 years or is it more?[/quote]

The all seem to offer 20 year warranties – that they’ll produce 85% (or more of the power) up to 20 years later that they produced at date of manufacture.

15% drop isn’t bad over 20 years.

[UCGal]

[quote=flu]What is the life expectancy of a good solar panel? Just curious. 10 years or is it more?[/quote]

The all seem to offer 20 year warranties – that they’ll produce 85% (or more of the power) up to 20 years later that they produced at date of manufacture.

15% drop isn’t bad over 20 years.

[UCGal]

[quote=flu]What is the life expectancy of a good solar panel? Just curious. 10 years or is it more?[/quote]

The all seem to offer 20 year warranties – that they’ll produce 85% (or more of the power) up to 20 years later that they produced at date of manufacture.

15% drop isn’t bad over 20 years.

[UCGal]

[quote=flu]What is the life expectancy of a good solar panel? Just curious. 10 years or is it more?[/quote]

The all seem to offer 20 year warranties – that they’ll produce 85% (or more of the power) up to 20 years later that they produced at date of manufacture.

15% drop isn’t bad over 20 years.

[UCGal]

[quote=flu]What is the life expectancy of a good solar panel? Just curious. 10 years or is it more?[/quote]

The all seem to offer 20 year warranties – that they’ll produce 85% (or more of the power) up to 20 years later that they produced at date of manufacture.

15% drop isn’t bad over 20 years.

[UCGal]

I think it has more to do with declining income and therefore less discretionary income. Most people have some fixed costs (rent, food, gas for the car, etc)… those don’t go away or shrink when your income drops.

The May figures were inflated due to some of the stimulus. June is back to our nominal, sucky economy… less income, but we still have bills, so lower savings.

http://www.ritholtz.com/blog/2009/08/income-falls-13-but/

[UCGal]

I think it has more to do with declining income and therefore less discretionary income. Most people have some fixed costs (rent, food, gas for the car, etc)… those don’t go away or shrink when your income drops.

The May figures were inflated due to some of the stimulus. June is back to our nominal, sucky economy… less income, but we still have bills, so lower savings.

http://www.ritholtz.com/blog/2009/08/income-falls-13-but/

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