Comments on: A Development to Watch http://www.notorious-rob.com/2008/02/28/a-development-to-watch/?utm_source=rss&utm_medium=rss&utm_campaign=rss Conversations about the real estate industry, marketing, technology, and public policy Sat, 11 Feb 2012 02:48:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: -Rob http://www.notorious-rob.com/2008/02/28/a-development-to-watch/#comment-119 -Rob Wed, 05 Mar 2008 15:06:20 +0000 http://robhahn.wordpress.com/?p=69#comment-119 I think that's the thing to look out for -- if the financial problems of CA munis are due to a permanent decline in the tax base... that's an order of magnitude more difficult to fix than just mismanagement. But at the same time, I do think someone somewhere has to look at the benefits/salaries of the public unions out in Cali (and elsewhere) compared to the cost/benefit of privatizing as much of that as possible. -rsh I think that’s the thing to look out for — if the financial problems of CA munis are due to a permanent decline in the tax base… that’s an order of magnitude more difficult to fix than just mismanagement.

But at the same time, I do think someone somewhere has to look at the benefits/salaries of the public unions out in Cali (and elsewhere) compared to the cost/benefit of privatizing as much of that as possible.

-rsh

]]> By: -Rob http://www.notorious-rob.com/2008/02/28/a-development-to-watch/#comment-3445 -Rob Wed, 05 Mar 2008 15:06:00 +0000 http://robhahn.wordpress.com/?p=69#comment-3445 I think that's the thing to look out for -- if the financial problems of CA munis are due to a permanent decline in the tax base... that's an order of magnitude more difficult to fix than just mismanagement. But at the same time, I do think someone somewhere has to look at the benefits/salaries of the public unions out in Cali (and elsewhere) compared to the cost/benefit of privatizing as much of that as possible. -rsh I think that’s the thing to look out for — if the financial problems of CA munis are due to a permanent decline in the tax base… that’s an order of magnitude more difficult to fix than just mismanagement.

But at the same time, I do think someone somewhere has to look at the benefits/salaries of the public unions out in Cali (and elsewhere) compared to the cost/benefit of privatizing as much of that as possible.

-rsh

]]> By: Louis cammarosano http://www.notorious-rob.com/2008/02/28/a-development-to-watch/#comment-120 Louis cammarosano Wed, 05 Mar 2008 02:55:59 +0000 http://robhahn.wordpress.com/?p=69#comment-120 "Arnold to Vallejo: Drop Dead" doesn't have the same ring to it as the Daily News Headline in 1975 when NYC was teeterig on the brink of bankruptcy:"Ford to NY Drop Dead" (which of course he never said) The difference here is the California municipalities appear to be suffering less from mismanagement of expenses and more from an erosion of their taxable revenue base. “Arnold to Vallejo: Drop Dead”
doesn’t have the same ring to it as the Daily News Headline in 1975 when NYC was teeterig on the brink of bankruptcy:”Ford to NY Drop Dead” (which of course he never said)

The difference here is the California municipalities appear to be suffering less from mismanagement of expenses and more from an erosion of their taxable revenue base.

]]> By: Louis cammarosano http://www.notorious-rob.com/2008/02/28/a-development-to-watch/#comment-3446 Louis cammarosano Wed, 05 Mar 2008 02:55:00 +0000 http://robhahn.wordpress.com/?p=69#comment-3446 "Arnold to Vallejo: Drop Dead" doesn't have the same ring to it as the Daily News Headline in 1975 when NYC was teeterig on the brink of bankruptcy:"Ford to NY Drop Dead" (which of course he never said) The difference here is the California municipalities appear to be suffering less from mismanagement of expenses and more from an erosion of their taxable revenue base. “Arnold to Vallejo: Drop Dead”
doesn’t have the same ring to it as the Daily News Headline in 1975 when NYC was teeterig on the brink of bankruptcy:”Ford to NY Drop Dead” (which of course he never said)

The difference here is the California municipalities appear to be suffering less from mismanagement of expenses and more from an erosion of their taxable revenue base.

]]>