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ShyGuy 08-21-2019 09:08 PM


Originally Posted by Setopbug (Post 2874236)
You don't get California liberals because you watch too much TV and aren't capable of non-linear thought. You've been programed to believe the problems in this state are the result of failed liberal policies, when in reality it's much more complicated that that.

Our main issue out here is the cost of real estate. Nothing new gets built. People keep coming here. The economy is booming, most folks are working. One would like to buy a house.

But not so fast.

In the little bucolic suburb I live in, a teardown goes for 1.7 million. And almost everything on the market gets purchased by developers, torn down and a big old ugly toaster-like house goes in it's place for up to five million dollars.

And some fricking idiot buys the thing. All of the money and equity is removed from this neighborhood thanks to good old capitalism and a hard-woking, middle class airline pilot can't even afford to live here, unless they were lucky enough to purchase in the early nineties.

IOW, they are leaving the state because the only people who can afford to live here are:
  • Inheritees.
  • Dual-income, partnered attorneys.
  • Start-up founders, 29 year old kids with a Cirrus SR-22 and a house in Santa Monica. (North of Montana)
  • The homeless in their RV's.

These aren't D/R problems. Housing is out of control in solidly Republican Orange County, and we've had Republican Governors.

Don't like California? Fine. Don't come here. But kindly shut up about what you think you know about this state. And please shut up about other people's politics, you're entitled to your delusions and I'm entitled to mine. If you think your 'side" has it figured out - congratulations! You've bought exactly what these folks are selling you. Our problems require us to abandon the stupid hierarchy of liberal or conservative politics and start working together to fix some serious problems. But nobody is willing.

I'm only here because my base closed and the only two options were SF/LA. I'm here for my job and the forced displacement. In the interest of not getting this thread closed due to political rants, I'm not gonna engage much. All I'll say is getting away from the likes of the big blue large cities in Norcal, Socal (including your Orange County example), way out in the valley is more affordable. I know pilots in Temecula and Canyon Lake and it is much more affordable there. The rest of the state screw ups, including the homeless crisis and the needle/drug problems, absolutely it's a liberal policy screw up. I'm not taking a side nor did I say the Rs have it all figured out. On a lot of things I'm pretty much center. Lastly, I agree with you that we should put aside the D and R designations and treat each other like humans and work together to fix serious problems, but I have doubts that's gonna work.

APC225 08-21-2019 11:30 PM


Originally Posted by ShyGuy (Post 2874230)
A320 CA here, so I make too much to do Roth IRAs. And getting a 15.5% company 401K and being below 50, there’s only so much we can put away to the 401K before hitting the cap.

Roth IRA conversion? Designate contributions to be post tax in PRAP then call Schwab to convert those contributions to a Roth. Do as little or as much as you want in the pretax 401k but all post tax can be converted.

marcal 08-22-2019 05:19 AM

Nobody makes to much to put money in a Roth IRA.

Google: Backdoor Roth Conversion

Basically, you contribute $6000 to your NonDeductible IRA and then convert it to a Roth. I do it for myself and spouse every year.

Name User 08-22-2019 06:30 AM


Originally Posted by ShyGuy (Post 2874230)
That’s one of CAs largest problems, public employee pension plans which are one reason taxes are so high here. Completely unrealistic for a private sector and yet we’ll carry the burden of their pensions. I do think they’ve worked the whole life and earned a retirement, but as it stands this way going forward there is no way to pay it all out.

A320 CA here, so I make too much to do Roth IRAs. And getting a 15.5% company 401K and being below 50, there’s only so much we can put away to the 401K before hitting the cap.

I don’t get CA liberals. They love taxing themselves to death and yet retire out of state. You’d think they learn the lessons as to why they’re fleeing in the first place, but from what I hear they take their same political mentality with them to Nevada, Texas, Washington, and Florida. My apologies on their behalf in advance if you live in those states......

There are no income limits for converting to the Roth IRA from IRA contributions. It's not a ton of money but at $12k a year between you and spouse it's something, now add in the Roth 401k and you're at least helping to diversify.

Name User 08-22-2019 06:33 AM


Originally Posted by Setopbug (Post 2874236)
You don't get California liberals because you watch too much TV and aren't capable of non-linear thought. You've been programed to believe the problems in this state are the result of failed liberal policies, when in reality it's much more complicated that that.

Our main issue out here is the cost of real estate. Nothing new gets built. People keep coming here. The economy is booming, most folks are working. One would like to buy a house.

But not so fast.

In the little bucolic suburb I live in, a teardown goes for 1.7 million. And almost everything on the market gets purchased by developers, torn down and a big old ugly toaster-like house goes in it's place for up to five million dollars.

And some fricking idiot buys the thing. All of the money and equity is removed from this neighborhood thanks to good old capitalism and a hard-woking, middle class airline pilot can't even afford to live here, unless they were lucky enough to purchase in the early nineties.

IOW, they are leaving the state because the only people who can afford to live here are:
  • Inheritees.
  • Dual-income, partnered attorneys.
  • Start-up founders, 29 year old kids with a Cirrus SR-22 and a house in Santa Monica. (North of Montana)
  • The homeless in their RV's.

These aren't D/R problems. Housing is out of control in solidly Republican Orange County, and we've had Republican Governors.

Don't like California? Fine. Don't come here. But kindly shut up about what you think you know about this state. If you think your 'side" has it figured out - congratulations! You've bought exactly what these folks are selling you. Our problems require us to abandon the stupid hierarchy of liberal or conservative politics and start working together to fix some serious problems. And nobody is willing.

A lot of Asian money has hurt the locals as well. Laws were put in place in Vancouver and in Australia as well to tax foreign money buying RE to help local buyers out. It's not an easy problem to fix.

APC225 08-22-2019 07:25 AM

You can put up to the 403b limit in a Roth IRA using the conversion that is allowed in the UAL PRAP. Select all of the PRAP contribution to be post tax. All of it can then be rolled into a Roth IRA, up to the $56k limit in 2019. Any pretax contributions would be subtracted from that $56. Let's say you did the max pretax 401k of $19k then that would leave $37k for post tax PRAP contribution then Roth IRA conversion. Note, if you reach the 403b limit before the end of the year the 16% company match goes into RHA.

rp2pilot 08-22-2019 03:08 PM


Originally Posted by Setopbug (Post 2874236)
You don't get California liberals because you watch too much TV and aren't capable of non-linear thought. You've been programed to believe the problems in this state are the result of failed liberal policies, when in reality it's much more complicated that that.

Our main issue out here is the cost of real estate. Nothing new gets built. People keep coming here. The economy is booming, most folks are working. One would like to buy a house.

But not so fast.

In the little bucolic suburb I live in, a teardown goes for 1.7 million. And almost everything on the market gets purchased by developers, torn down and a big old ugly toaster-like house goes in it's place for up to five million dollars.

And some fricking idiot buys the thing. All of the money and equity is removed from this neighborhood thanks to good old capitalism and a hard-woking, middle class airline pilot can't even afford to live here, unless they were lucky enough to purchase in the early nineties.

IOW, they are leaving the state because the only people who can afford to live here are:
  • Inheritees.
  • Dual-income, partnered attorneys.
  • Start-up founders, 29 year old kids with a Cirrus SR-22 and a house in Santa Monica. (North of Montana)
  • The homeless in their RV's.

These aren't D/R problems. Housing is out of control in solidly Republican Orange County, and we've had Republican Governors.

Don't like California? Fine. Don't come here. But kindly shut up about what you think you know about this state. If you think your 'side" has it figured out - congratulations! You've bought exactly what these folks are selling you. Our problems require us to abandon the stupid hierarchy of liberal or conservative politics and start working together to fix some serious problems. And nobody is willing.

And what has caused the price of real estate to be so high?? Liberal policies, rent controls, a dogged determination to make traffic horrible so commute times are oppressive, ridiculously high energy costs (and thus high food costs), permit costs, et. alia. I was born and raised in California, spent well over 40 years of my life there, and left about 5 years ago. I'm not exaggerating when I say that my cost of living (taxes, food, shelter) for equivalent level of lifestyle is about $3000 less per month. I can buy two round trip first class tickets to the People's Republic of California and still be ahead financially. It's all yours, my friend.

sailingfun 08-22-2019 03:11 PM


Originally Posted by Otters (Post 1935159)
DAL had a vacancy around Feb. on two bids Captain went into 10,000 range. We had 3 year captains here awhile back. It will happen again. Someone's always wiling to chase it.

We had a 4 month Captain not that long ago.

luv757 08-22-2019 05:32 PM


Originally Posted by sailingfun (Post 2874616)
We had a 4 month Captain not that long ago.

Wasn’t that on the NYC 88 in it’s death throes? What is that 4 month Captain an FO on these days?

NoDeskJob 08-22-2019 06:19 PM


Originally Posted by luv757 (Post 2874674)
Wasn’t that on the NYC 88 in it’s death throes? What is that 4 month Captain an FO on these days?

Atl 88 Capt he was. The guys and gals around his seniority can hold 757/767 in ATL, or probably 767-400 in NYC


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