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SF is a sh^thole. That is what it is. If it weren't for the Silicon Valley, it would be another liberal city that would have wasted away and no body would have noticed. The only thing that they do not tax on is air to breathe. Does the article mention how expensive it is to afford a place...

some guy told me that his parents live half a year in Hawaii and travel around the world. Hmm, I asked, they must have worked very hard and owned many businesses. Actually they were teachers and make 180K in retirement a year for the 2 of them. This is in the sticks in Illinois where median...

It will be another 5-10 years before people will just not be able to pay the taxes that are being imposed on them. Some will just leave. Remember how the US got populated, very high taxes in Europe.

What is another trillion among friends.

As more and more of these consumers stop paying mortgage, they are freeing up more money for the trips to the mall and buying the Chinese made junk. Anything you buy on Black Friday costs less after Christmas.

Portugal, Spain, Belgium, Bulgaria, Poland, Greece etc, if you look carefully are much less productive than many Latin American countries. Even France is not very productive. Germany, Italy, UK, Dutch will be fine because they produce lots of high end stuff.

It reminds me of our friends in CA who make double the money we do and still live in 1/3 the house that we do. CA is for suckers and i intend to stay away from it

This is very typical of the business leaders in the US today, and I have seen this with my own eyes in the MBA program. These folks get retarded degrees in undergrads from 2nd tier schools, like marketing or something or history or psychology and then they get a job through some connections or...

and whatever engineers we do have are leaving the profession. It sucks to be an engineer, since you are ruled by these bozo managers who have some stupid MBA. Many engineers I know have quit the field and went to work on the WS.

No the fund managers are smart. They get to play with OPM. They are partners in the winnings and have no fault when they lose. It is the investors who are idiots to buy these funds.

Dick Bove is one I can not stand, I can not even look at him talking. He rallied for the banks in 2007-2009 and called the bottom like 10 times. He still has a job at BAC, guess that speaks volumes about how high the standards are at BAC. What do these analysts do whole day other than...

I have a problem with this whole thing: 1. Some traders end up making $2B by taking such crazy positions but we never hear about them. 2. If the traders lose that kind of money, then they are labeled as rogue traders. 3. I put 100% of the blame on the risk management of the company...

with suckers and mom and pop investors missing from action, it is very difficult to make money now. You are trading against the HFT and hedge fund traders, who do you think has an edge now. You might get a good trade here and there, but it is a suckers bet now. The time to make money was from...

I do not know of any ceo who makes less than 5M of a major corporation.

The politicians seem to have a very low opinion about the people, they really think they can fool all of us. This has been going on for a while. - We are going to reduce the deficit by 1 Trillion over the next 10 years, standing ovation... But this really means just 100 B per year...

No, he is not a joke, but the people who put a community organizer in the biggest office in the world are the joke.

I cannot believe that there are so many people who are more worried about Oprah not being on air than their careers and future. This has been a systematic dumbing down of the populace.

I agree, I am a financial conservative stuck in IL, they spend like crazy and retire people in 50s with life long pay. My state taxes are higher by 67% and my property Taxes went up by 8%. Thanks dems. Then I had lunch with my friend's friend and he worked for some state run organization...

Most people who grew up in US have no idea that even today: 1. Price of Gas is dirt cheap compared to the average per capita income, 2. Price of Nuts (a luxury in most countries) is dirt cheap. 3. Cost of eating out is so high. Even if the price of Nuts triples, I would say it...

I am no fan of Unions and I live in IL, where Unions are sucking all my tax money. But crane operation is a very intense job that requires a very degree of precision almost at the same level of a surgeon, one bad move and many people could get hurt. So, I defend the 82 an hour pay for...