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"S.F. is going broke, whether you like it or not!"
This Link is located in the Public Channel Housing Bubble and Bear Links.
 Posted by ian 299 days ago (myprops.org).  Views: 27,141
Tags: san francisco  california
Related Tags: housing bubble  politics  online  credit crisis  oklahoma  real estate  
Click image to enlarge.



6/16/09 Update: I have posted City of San Francisco Salaries for 2008. The data there also shows how much each employee received in overtime.

It's gonna happen, whether you like it or not!

Are you wondering why California state and local governments are so broke? The City of San Francisco Salaries above could have something to do with it.

I should have gone into nursing... I had no idea they can make $350k, or that a manager of a city public transportation system can earn $325k. And don't forget the fire chief pulling in $270k.

"They're gonna be rich, whether you like it or not!!!"

And as you might expect, many California and University of California state workers earn even higher salaries. Holy Christ, how are that many Medical School Profs pulling in over $1 million (some close to $2 million)? Do you think Stephen Hawkings or Einstein made anything close to that (adjusted for inflation)??

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Housing Bubble and Bear Links (1,486 Links)
Created by ian 2 years 345 days ago in Finance. Views: 12,628. Link Views: 417,905
Tags: housing bubble  investing  real estate  subprime  mortgage  finance  economics
Related Tags: wall street  stocks  business  video  politics  infesting  economy  financial  
This channel was created on April 10, 2007, during the peak of the housing mania, to warn investors of the coming collapse in home prices. For quite some time we have warned investors to get out of U.S. stocks. This channel represents the best of the [More...]
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Housing decline is 1/3 complete and will not bottom until 2012 or later
This Link is located in the Public Channel Housing Bubble and Bear Links.
 Posted by ian 1 year 249 days ago (myprops.org).  Views: 2,897
Tags: housing bubble  economics
Related Tags: finance  wall street  business  stocks  video  politics  infesting  
Cramer, you're wrong. Housing will not bottom until 2012 or later. So far you have called 3 bottoms in the stock market (one after the Fed cut rates by 125 bp in 8 days, one after the Bear Stearns bailout, and now one after the Housing Bill / SEC naked [More...]
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A history of home values
This Link is located in the Public Channel Housing Bubble and Bear Links.
 Posted by ian 2 years 252 days ago (myprops.org).  Views: 3,625
Tags: housing bubble
Related Tags: credit crisis  gold  wall street  peter schiff  economics  inflation  banks  
Yale economist Robert J. Shiller created an index of American housing prices going back to 1890. It presents housing values in consistent terms over 116 years, factoring out the effects of inflation. Here's more information on the the biggest bubble [More...]
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"S.F. is going broke, whether you like it or not!" - 2008 Salary Update
This Link is located in the Public Channel Housing Bubble and Bear Links.
 Posted by ian 277 days ago (myprops.org).  Views: 2,652
Tags: san francisco  california
Related Tags: housing bubble  politics  online  credit crisis  oklahoma  real estate  
The chart above shows the top earning San Francisco city employees for 2008 according to data from the San Francisco Chronicle. This post is an update for my "S.F. is going broke, whether you like it or not!" post, which generated a lot of [More...]
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Houses not even close to a bottom until average house price to income ratio reaches 3
This Link is located in the Public Channel Housing Bubble and Bear Links.
 Posted by ian 1 year 151 days ago (doctorhousingbubble.com).  Views: 314
Tags: housing bubble  california  real estate
Related Tags: credit crisis  gold  wall street  peter schiff  inflation  economics  banks  
As you can see from the chart above, U.S. median income for the past decade has remained stagnant. Yet home prices appreciated at an unprecedented pace. On the top of the chart, I quickly put the price-to-income ratio just to give you an idea of how [More...]
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California’s Financial Depression: Unemployment and Underemployment rate at Great Depression Levels. 23 Percent Unemployment for Biggest State in the Nation. California Will not see Housing Peak...
This Link is located in the Public Channel Dr. Housing Bubble Blog.
 Posted by MyPropsMonkey 181 days ago (feedproxy.google.com).  Views: 91
Tags: housing bubble
Related Tags: credit crisis  gold  wall street  peter schiff  economics  inflation  banks  
California has now reached Great Depression unemployment levels.  Many are now calling the end of the recession but there is no sign that California is inching closer to prosperity.  Last month the unemployment rate shot up to a post-World War [More...]
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Old man barks at bear in home
This Link is located in the Public Channel CNN Videos.
 Posted by MyPropsMonkey 251 days ago (cnn.com).  Views: 174
Tags: video  news
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A California man woke up to a bear breaking into his house. KTXL's Rowena Shaddox reports.
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Homeless, but wired in San Francisco
This Link is located in the Public Channel reddit pics.
 Posted by MyPropsMonkey 293 days ago (online.wsj.com).  Views: 52
Tags: pics  photos  photography
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California economic outlook: worse to come: report
This Link is located in the Public Channel Reuters: Most Read Articles.
 Posted by MyPropsMonkey 1 year 177 days ago (feeds.reuters.com).  Views: 160
Tags: news
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SAN FRANCISCO (Reuters) - California's sputtering economy is going to get worse, a report released on Wednesday said.
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Bank Failure #120: United Commercial Bank, San Francisco, California
This Link is located in the Public Channel Calculated Risk.
 Posted by MyPropsMonkey 133 days ago (feedproxy.google.com).  Views: 37
Tags: finance  economics  wall street
Related Tags: stocks  business  video  politics  forbes  infesting  credit crisis  gold  
From the FDIC: East West Bank, Pasadena, California Assumes All the Deposits of United Commercial Bank, San Francisco, California United Commercial Bank, San Francisco, California, was closed today by the California Department of Financial Institutions, [More...]
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