Finally Sold our House in CA

[Stimw]

California's problems are well known and documented, Dave didn't invent them! He has tried to deal with them and has obviously reached his limit.
It makes perfect sense to me for him to relocate away from an area/system that penalizes success and rewards the nonproductive and those who ignore our laws. Life is too short.

I relocated away from the snow belt in 1978 and have found that it made perfect sense for me to find a better quality of life where I don't have to hibernate all winter.

 

[handirifle]

I fault no one for wanting to leave this state, if I were a businessman, I probably would have left long ago. It is NOT friendly to businesses unless they are "green" or eco friendly or any other liberal catch phrase that means "you run your business they way I want you to".
We just went on a tour of an under construction solar elec plant, the largest in the country, and we were all shocked to find out that after billions being spent on it, the county and the greenies want it, get this, dismanteled after 25 years and the land made like it was and turned over to the dept of fish and game as a preserve....YOU HAVE TO DO WHAT???? We are still trying to make sense of it.

Of course those of us that investigate a little, find that Obamas personal butt kisser,Mr. I want to pay more taxes, Warren Buffet, is HEAVILY INVESTED IN THIS PROJECT about the time he was making his lea for higher taxes. It gets better, depending on which way ole Warren goes, he can write off up to 100 % of his ENTIRE INVESTMENT. But wait I thought he wanted to pay more tax. Could it be he wanted to be a spokesman for Odumbo and reap some of those Fed dollars? Oh, now the 25years maks sense, cause all the writeoffs for other investors will be over, all the big profits of selling elec to PG&E will be done cause the cells are too degraded, so instead of replacing the panels with new, and since we no longer get Fed $$$ to do it, we'll just tear it down and "donate" it to the state, for yet ANOTHER write off.
now those kind of businesses they like. Oh yes, this is one of those "I created 450 jobs with this project" that is until the 3 yr construction is done, then they lay off 430 of them cause they only need 20 to run it, but in 3 years no one will care cause he will either be a ermanant fixture in DC or out of it and gone.

I love a lot of things about CA but that is not one of them.

 

[RadarTech]

Congrats Dave!! It seems like yesterday when I read the thread about the house burning down!!!

So happy for you and yours!!!


RT

 

[mjncad]

We just went on a tour of an under construction solar elec plant, the largest in the country, and we were all shocked to find out that after billions being spent on it, the county and the greenies want it, get this, dismanteled after 25 years and the land made like it was and turned over to the dept of fish and game as a preserve....YOU HAVE TO DO WHAT???? We are still trying to make sense of it.

Is that the same plant in the Mojave that Barbara Boxer wants killed because SHE feels it will destroy the views?


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Best and worst places for retiree taxes
http://money.msn.com/taxes/best-and-worst-places-for-retiree-taxes

 

[Cap-n-Cray]

CA is a great place to be from.

50 plus years for me. We left 6 years ago. We will never look back. Although we moved to another very liberal state (at least King County). I did not retire and work has been slow as a contractor.

rsewill, If CA is doing so well, why does it need a bailout? :confused2:

I have been by Grants Pass many times moving up here.

Congrats, Glad you escaped. :thumbsup:

 

[CurlyDave]

We got a yellow lab puppy today, another one of the things on the list of wants from selling the house.

I really wanted one that was fox red in color, but we couldn't find any like that in Oregon or even Washington. We ended up with one from a local family who occasionally breed their female.

She is closer to pure white in color than anything else, with darker ears and face. We decided to name her "Blondie", just because of her color. Not after the comic strip character, and not after the singing group, although both have interesting connotations.

 

[two_bit_score]

We got a yellow lab puppy today, another one of the things on the list of wants from selling the house.

I really wanted one that was fox red in color, but we couldn't find any like that in Oregon or even Washington. We ended up with one from a local family who occasionally breed their female.

She is closer to pure white in color than anything else, with darker ears and face. We decided to name her "Blondie", just because of her color. Not after the comic strip character, and not after the singing group, although both have interesting connotations.

Congrats on the house sale and the new puppy! Glad to hear your tenaciousness and hard work paid off well.

Now maybe you'll have a little more free time to spend on TBN. always enjoy your informative and well reasoned posts.


.

 

[Cat_Driver]

Ca, is 16 BILLION in the hole, yest the welcome Illegals in by the train load. Free food, free medical, free housing, come on in.

The Teachers, Police, Fire and Prison guard unions are paying their retirees millions.

The latest: Newport Beach, California, where some lifeguards have compensation packages that exceed $200,000 and where these "civil servants" can retire with lucrative government pensions at age 50.

$200,000 Lifeguards to Receive Millions in Retirement - David Spady - Townhall Conservative Columnists

The average California household's share of the debt for underfunded state and local government employee pensions comes to about $30,500.

Stanford University studies released last week and in December for the first time aggregate public pension shortfalls statewide. Using moderate assumptions about future investment returns, the unfunded liability is about $379 billion.

Hard-core pension reformers will maintain that the number is much more. Defenders of the status quo will insist it's significantly less. Before sorting out that dispute, let's understand what the numbers mean.

Each year public employees work, they increase their future pensions. So, as they work, they and their employers jointly should set aside enough money to cover the additional benefits.

To calculate the contributions, actuaries and pension boards make assumptions about future investment returns and pension costs. Unfortunately, they've been wrong.

They have overestimated investment earnings, underestimated pension costs and retroactively added benefits without proper funding. As a result, pension systems across California have huge unfunded liabilities.

Keep in mind that the shortfall is for pension benefits employees already earned. Like salary and health care benefits, it's a cost that should be paid when labor is performed.

Instead, the shortfall has been converted into debt to be paid off over time, up to 30 years. Government agencies make those payments, diverting money that would otherwise go for government services. So we're depriving current and future generations to pay off past labor costs.

How much is the debt? It depends on how much pension systems project they can earn on investments. The greater the assumed rate of return, the less money pension systems need now and, hence, the smaller the shortfall. The converse is also true.

 

[rsewill]

Ca, is 16 BILLION in the hole, yest the welcome Illegals in by the train load. Free food, free medical, free housing, come on in.

The Teachers, Police, Fire and Prison guard unions are paying their retirees millions.

The latest: Newport Beach, California, where some lifeguards have compensation packages that exceed $200,000 and where these "civil servants" can retire with lucrative government pensions at age 50.

$200,000 Lifeguards to Receive Millions in Retirement - David Spady - Townhall Conservative Columnists

The average California household's share of the debt for underfunded state and local government employee pensions comes to about $30,500.

Stanford University studies released last week and in December for the first time aggregate public pension shortfalls statewide. Using moderate assumptions about future investment returns, the unfunded liability is about $379 billion.

Hard-core pension reformers will maintain that the number is much more. Defenders of the status quo will insist it's significantly less. Before sorting out that dispute, let's understand what the numbers mean.

Each year public employees work, they increase their future pensions. So, as they work, they and their employers jointly should set aside enough money to cover the additional benefits.

To calculate the contributions, actuaries and pension boards make assumptions about future investment returns and pension costs. Unfortunately, they've been wrong.

They have overestimated investment earnings, underestimated pension costs and retroactively added benefits without proper funding. As a result, pension systems across California have huge unfunded liabilities.

Keep in mind that the shortfall is for pension benefits employees already earned. Like salary and health care benefits, it's a cost that should be paid when labor is performed.

Instead, the shortfall has been converted into debt to be paid off over time, up to 30 years. Government agencies make those payments, diverting money that would otherwise go for government services. So we're depriving current and future generations to pay off past labor costs.

How much is the debt? It depends on how much pension systems project they can earn on investments. The greater the assumed rate of return, the less money pension systems need now and, hence, the smaller the shortfall. The converse is also true.

Howard Jarvis continues to ruin California's finances long after his death.

 

[EddieWalker]

Howard Jarvis continues to ruin California's finances long after his death.

Prop 13 is why so many seniors still live in CA. They couldn't afford it if they had to pay the same property taxes as their neighbors.

The problem with CA and the Fed Government isn't a lack of money coming in, it's from overspending. There is absolutely no proof or assurance that any additional income will be used to pay off any debt. Why would anybody give them more money to spend when they wont put in writing that the money will be used to pay off the debt that they have accured?

If they raise taxes, and I'm sure they will, any additional money that they get will be used towards borrowing more money. This is a proven fact that has happened every time that taxes have been raised.

Eddie