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XBoxBoy
Participant[quote=FormerSanDiegan]It actually happened April 17 at 9:37 pm.[/quote]
All I can say is I hope it was enjoyable for you as it was for me. Personally, I will never forget that night…
XBoxBoy
Participant[quote=FormerSanDiegan]It actually happened April 17 at 9:37 pm.[/quote]
All I can say is I hope it was enjoyable for you as it was for me. Personally, I will never forget that night…
June 3, 2009 at 9:56 AM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #409642XBoxBoy
Participant[quote=SDEngineer] the most appropriate comparison to the commander of the fire department would be a CEO of an equivalent sized company[/quote]
I don’t think this is a valid argument for two reasons
1) It implies that the CEO’s of private sector companies are fairly paid. (Highly dubious in my mind)
2) It implies that private sector and public sector are equal and comparable. (I wouldn’t call this highly dubious as I did reason one, but I think this assumption definitely needs to be questioned.)
It would seem to me that a more appropriate criteria would include questions like:
1) Does this person bring enough added value to the organization to justify their pay.
2) Can this job be filled by an equally capable person for less pay and retirement.
Question 2 would seem to me to be the kicker. While I don’t know the specifics, my bet is that there would be a number of good people in the firefighting organization that would be willing to take the job for a lesser salary and would be plenty competent to do the job.
June 3, 2009 at 9:56 AM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #409880XBoxBoy
Participant[quote=SDEngineer] the most appropriate comparison to the commander of the fire department would be a CEO of an equivalent sized company[/quote]
I don’t think this is a valid argument for two reasons
1) It implies that the CEO’s of private sector companies are fairly paid. (Highly dubious in my mind)
2) It implies that private sector and public sector are equal and comparable. (I wouldn’t call this highly dubious as I did reason one, but I think this assumption definitely needs to be questioned.)
It would seem to me that a more appropriate criteria would include questions like:
1) Does this person bring enough added value to the organization to justify their pay.
2) Can this job be filled by an equally capable person for less pay and retirement.
Question 2 would seem to me to be the kicker. While I don’t know the specifics, my bet is that there would be a number of good people in the firefighting organization that would be willing to take the job for a lesser salary and would be plenty competent to do the job.
June 3, 2009 at 9:56 AM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #410127XBoxBoy
Participant[quote=SDEngineer] the most appropriate comparison to the commander of the fire department would be a CEO of an equivalent sized company[/quote]
I don’t think this is a valid argument for two reasons
1) It implies that the CEO’s of private sector companies are fairly paid. (Highly dubious in my mind)
2) It implies that private sector and public sector are equal and comparable. (I wouldn’t call this highly dubious as I did reason one, but I think this assumption definitely needs to be questioned.)
It would seem to me that a more appropriate criteria would include questions like:
1) Does this person bring enough added value to the organization to justify their pay.
2) Can this job be filled by an equally capable person for less pay and retirement.
Question 2 would seem to me to be the kicker. While I don’t know the specifics, my bet is that there would be a number of good people in the firefighting organization that would be willing to take the job for a lesser salary and would be plenty competent to do the job.
June 3, 2009 at 9:56 AM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #410189XBoxBoy
Participant[quote=SDEngineer] the most appropriate comparison to the commander of the fire department would be a CEO of an equivalent sized company[/quote]
I don’t think this is a valid argument for two reasons
1) It implies that the CEO’s of private sector companies are fairly paid. (Highly dubious in my mind)
2) It implies that private sector and public sector are equal and comparable. (I wouldn’t call this highly dubious as I did reason one, but I think this assumption definitely needs to be questioned.)
It would seem to me that a more appropriate criteria would include questions like:
1) Does this person bring enough added value to the organization to justify their pay.
2) Can this job be filled by an equally capable person for less pay and retirement.
Question 2 would seem to me to be the kicker. While I don’t know the specifics, my bet is that there would be a number of good people in the firefighting organization that would be willing to take the job for a lesser salary and would be plenty competent to do the job.
June 3, 2009 at 9:56 AM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #410340XBoxBoy
Participant[quote=SDEngineer] the most appropriate comparison to the commander of the fire department would be a CEO of an equivalent sized company[/quote]
I don’t think this is a valid argument for two reasons
1) It implies that the CEO’s of private sector companies are fairly paid. (Highly dubious in my mind)
2) It implies that private sector and public sector are equal and comparable. (I wouldn’t call this highly dubious as I did reason one, but I think this assumption definitely needs to be questioned.)
It would seem to me that a more appropriate criteria would include questions like:
1) Does this person bring enough added value to the organization to justify their pay.
2) Can this job be filled by an equally capable person for less pay and retirement.
Question 2 would seem to me to be the kicker. While I don’t know the specifics, my bet is that there would be a number of good people in the firefighting organization that would be willing to take the job for a lesser salary and would be plenty competent to do the job.
June 2, 2009 at 6:27 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409248XBoxBoy
Participant[quote=schizo2buyORnot]San Diego’s inventory of homes for sale is plummeting.[/quote]
While overall this might be true, I’d just like to point out that La Jolla inventory is at or near record highs. (And growing the last couple of weeks)
The same seems to be true for Rancho Santa Fe, Del Mar, Solana Beach.
Just sayin…
June 2, 2009 at 6:27 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409488XBoxBoy
Participant[quote=schizo2buyORnot]San Diego’s inventory of homes for sale is plummeting.[/quote]
While overall this might be true, I’d just like to point out that La Jolla inventory is at or near record highs. (And growing the last couple of weeks)
The same seems to be true for Rancho Santa Fe, Del Mar, Solana Beach.
Just sayin…
June 2, 2009 at 6:27 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409735XBoxBoy
Participant[quote=schizo2buyORnot]San Diego’s inventory of homes for sale is plummeting.[/quote]
While overall this might be true, I’d just like to point out that La Jolla inventory is at or near record highs. (And growing the last couple of weeks)
The same seems to be true for Rancho Santa Fe, Del Mar, Solana Beach.
Just sayin…
June 2, 2009 at 6:27 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409797XBoxBoy
Participant[quote=schizo2buyORnot]San Diego’s inventory of homes for sale is plummeting.[/quote]
While overall this might be true, I’d just like to point out that La Jolla inventory is at or near record highs. (And growing the last couple of weeks)
The same seems to be true for Rancho Santa Fe, Del Mar, Solana Beach.
Just sayin…
June 2, 2009 at 6:27 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409946XBoxBoy
Participant[quote=schizo2buyORnot]San Diego’s inventory of homes for sale is plummeting.[/quote]
While overall this might be true, I’d just like to point out that La Jolla inventory is at or near record highs. (And growing the last couple of weeks)
The same seems to be true for Rancho Santa Fe, Del Mar, Solana Beach.
Just sayin…
XBoxBoy
ParticipantYour plan makes sense, IF and only IF, we do end up getting inflation and high interest rates in the near future. That if is by no means a certainty.
I have no idea who will be right in this inflation/deflation debate, but be aware that both sides have good sounding arguments. (Although obviously one side is wrong)
If you look at Japan over the course of the last decade and a half, you see low interest rates and stagnant economy with bouts of deflation. There are lots of reasons to think we will experience a similar fate. If that comes to pass, your plan will be a loser, and you will have to cough up money to pay off the loan and interest, or go into bankruptcy.
But maybe the deflationista’s are wrong, and you’ll be able to re-lend the money into high paying CDs or some such.
Just be aware that your plan clearly falls under the category of speculation and comes with risks.
XBoxBoy
XBoxBoy
ParticipantYour plan makes sense, IF and only IF, we do end up getting inflation and high interest rates in the near future. That if is by no means a certainty.
I have no idea who will be right in this inflation/deflation debate, but be aware that both sides have good sounding arguments. (Although obviously one side is wrong)
If you look at Japan over the course of the last decade and a half, you see low interest rates and stagnant economy with bouts of deflation. There are lots of reasons to think we will experience a similar fate. If that comes to pass, your plan will be a loser, and you will have to cough up money to pay off the loan and interest, or go into bankruptcy.
But maybe the deflationista’s are wrong, and you’ll be able to re-lend the money into high paying CDs or some such.
Just be aware that your plan clearly falls under the category of speculation and comes with risks.
XBoxBoy
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