[equalizer]

[quote=EconProf]This is really shabby journalism, and is the reason newspapers like the LA Times are increasingly viewed as irrelevant.
First of all the Black/White unemployment has historically been a 2:1 ratio. For a variety of reasons, blacks have fairly consistently had about twice the unemployment rate of whites, whatever the white rate is. The article complains of a 12% rate for blacks with a 8% rate for whites (not sure when measured, or where), which I’d call an improvement over historical norms.
They later state that thousands of teachers and educators are about to get laid off across the state. Reality: every year at about this time school districts mail out scary notices to mobilize their ranks and alarm parents. Come September pretty much everyone gets rehired. It is a political game aided and abetted by the MSM. The fact is, the unemployment rate for teachers is way below that of the private sector.
As Richs’ posts have pointed out, the big employment cutbacks in San Diego, mirroring the nation, are in manufacturing, retail, finance, construction, etc.–all private sector. In other words, the taxpayers who support the public sector. In what categories are the jobs growing or stable? Government, education, and health services–all public sector or largely government funded.
I’d wager that the cuts in hours and cuts in pay are also far more common in the taxpaying private sector as well. Let’s hear a bit less whining from government workers and the biased media.[/quote]
But I though teachers were paid nothing. After the degree was she going to make 120K? Maybe that’s why she is getting laid off? School jobs in CA are one of the few professions that are paid much higher than other states compared to doctors and engineers where salary is only slightly more.

“thought she had it made, earning a six-figure salary as a reading and writing specialist. On the side, she was close to finishing work on a doctorate in educational administration at Pepperdine University. Then she got the news that her position was being eliminated because of recession-related budget cuts. If she’s lucky enough to land a teaching job back in the classroom — and that’s far from certain — she would have to take a 40% pay cut.”

[equalizer]

[quote=5yearwaiter]So the bottom line is 4S Ranch those listings are not really listings and not selling though the offers made. What might be the reason? perhaps those lenders might be still thinking Housing turn may happens again ???? soon

[/quote]

This is a very complex market and think of the big picture. If you are not experienced with real estate and foreclosures and if you purchase by yourself you may be able to save a little money 10K, but end up missing a better opportunity that can be worth 50K.

I would just contact SD Realtor. He is very familiar with the area and is a smart guy (he is also an engineer).

[equalizer]

[quote=5yearwaiter]So the bottom line is 4S Ranch those listings are not really listings and not selling though the offers made. What might be the reason? perhaps those lenders might be still thinking Housing turn may happens again ???? soon

[/quote]

This is a very complex market and think of the big picture. If you are not experienced with real estate and foreclosures and if you purchase by yourself you may be able to save a little money 10K, but end up missing a better opportunity that can be worth 50K.

I would just contact SD Realtor. He is very familiar with the area and is a smart guy (he is also an engineer).

[equalizer]

[quote=5yearwaiter]So the bottom line is 4S Ranch those listings are not really listings and not selling though the offers made. What might be the reason? perhaps those lenders might be still thinking Housing turn may happens again ???? soon

[/quote]

This is a very complex market and think of the big picture. If you are not experienced with real estate and foreclosures and if you purchase by yourself you may be able to save a little money 10K, but end up missing a better opportunity that can be worth 50K.

I would just contact SD Realtor. He is very familiar with the area and is a smart guy (he is also an engineer).

[equalizer]

[quote=5yearwaiter]So the bottom line is 4S Ranch those listings are not really listings and not selling though the offers made. What might be the reason? perhaps those lenders might be still thinking Housing turn may happens again ???? soon

[/quote]

This is a very complex market and think of the big picture. If you are not experienced with real estate and foreclosures and if you purchase by yourself you may be able to save a little money 10K, but end up missing a better opportunity that can be worth 50K.

I would just contact SD Realtor. He is very familiar with the area and is a smart guy (he is also an engineer).

[equalizer]

[quote=5yearwaiter]So the bottom line is 4S Ranch those listings are not really listings and not selling though the offers made. What might be the reason? perhaps those lenders might be still thinking Housing turn may happens again ???? soon

[/quote]

This is a very complex market and think of the big picture. If you are not experienced with real estate and foreclosures and if you purchase by yourself you may be able to save a little money 10K, but end up missing a better opportunity that can be worth 50K.

I would just contact SD Realtor. He is very familiar with the area and is a smart guy (he is also an engineer).

[equalizer]

[quote=jpinpb][quote=4plexowner]spot gold is $952 – June 2009 gold contract is $956.[/quote]

You are going to have to forgive me. I’m a complete imbecile when it comes to gold. I have absolutely zero experience. What is spot gold? What is gold contract? Where do you buy/get it, i.e. how do you got about investing in it?

Any chance the Fed will confiscate gold again as in the ’30’s? We are going through some insane times and seems we’re being kept down. I wouldn’t put anything passed them at this point.

I don’t know what to think. Any advise is appreciated and thanks in advance for your patience w/my questions.
[/quote]
I think you may be better of going to place like this for 22K jewelry.
http://www.goldpalace.com/

Worst case, you have some things to wear. If things get bad you can trade for a farm.

[equalizer]

[quote=jpinpb][quote=4plexowner]spot gold is $952 – June 2009 gold contract is $956.[/quote]

You are going to have to forgive me. I’m a complete imbecile when it comes to gold. I have absolutely zero experience. What is spot gold? What is gold contract? Where do you buy/get it, i.e. how do you got about investing in it?

Any chance the Fed will confiscate gold again as in the ’30’s? We are going through some insane times and seems we’re being kept down. I wouldn’t put anything passed them at this point.

I don’t know what to think. Any advise is appreciated and thanks in advance for your patience w/my questions.
[/quote]
I think you may be better of going to place like this for 22K jewelry.
http://www.goldpalace.com/

Worst case, you have some things to wear. If things get bad you can trade for a farm.

[equalizer]

[quote=jpinpb][quote=4plexowner]spot gold is $952 – June 2009 gold contract is $956.[/quote]

You are going to have to forgive me. I’m a complete imbecile when it comes to gold. I have absolutely zero experience. What is spot gold? What is gold contract? Where do you buy/get it, i.e. how do you got about investing in it?

Any chance the Fed will confiscate gold again as in the ’30’s? We are going through some insane times and seems we’re being kept down. I wouldn’t put anything passed them at this point.

I don’t know what to think. Any advise is appreciated and thanks in advance for your patience w/my questions.
[/quote]
I think you may be better of going to place like this for 22K jewelry.
http://www.goldpalace.com/

Worst case, you have some things to wear. If things get bad you can trade for a farm.

[equalizer]

[quote=jpinpb][quote=4plexowner]spot gold is $952 – June 2009 gold contract is $956.[/quote]

You are going to have to forgive me. I’m a complete imbecile when it comes to gold. I have absolutely zero experience. What is spot gold? What is gold contract? Where do you buy/get it, i.e. how do you got about investing in it?

Any chance the Fed will confiscate gold again as in the ’30’s? We are going through some insane times and seems we’re being kept down. I wouldn’t put anything passed them at this point.

I don’t know what to think. Any advise is appreciated and thanks in advance for your patience w/my questions.
[/quote]
I think you may be better of going to place like this for 22K jewelry.
http://www.goldpalace.com/

Worst case, you have some things to wear. If things get bad you can trade for a farm.

[equalizer]

[quote=jpinpb][quote=4plexowner]spot gold is $952 – June 2009 gold contract is $956.[/quote]

You are going to have to forgive me. I’m a complete imbecile when it comes to gold. I have absolutely zero experience. What is spot gold? What is gold contract? Where do you buy/get it, i.e. how do you got about investing in it?

Any chance the Fed will confiscate gold again as in the ’30’s? We are going through some insane times and seems we’re being kept down. I wouldn’t put anything passed them at this point.

I don’t know what to think. Any advise is appreciated and thanks in advance for your patience w/my questions.
[/quote]
I think you may be better of going to place like this for 22K jewelry.
http://www.goldpalace.com/

Worst case, you have some things to wear. If things get bad you can trade for a farm.

[equalizer]

[quote=arraya]Treasury Secretary Paulson said:

“I don’t see subprime mortgage market troubles imposing a serious problem. I think it’s going to be largely contained,”

“A recession is unlikely.”

“We are experiencing a correction in the housing sector.”

“America is not in recession.”

“It is likely that housing prices won’t recover until early 2009.”
[/quote]
While his former firm was betting against sub-prime loans.

[equalizer]

[quote=arraya]Treasury Secretary Paulson said:

“I don’t see subprime mortgage market troubles imposing a serious problem. I think it’s going to be largely contained,”

“A recession is unlikely.”

“We are experiencing a correction in the housing sector.”

“America is not in recession.”

“It is likely that housing prices won’t recover until early 2009.”
[/quote]
While his former firm was betting against sub-prime loans.

[equalizer]

[quote=arraya]Treasury Secretary Paulson said:

“I don’t see subprime mortgage market troubles imposing a serious problem. I think it’s going to be largely contained,”

“A recession is unlikely.”

“We are experiencing a correction in the housing sector.”

“America is not in recession.”

“It is likely that housing prices won’t recover until early 2009.”
[/quote]
While his former firm was betting against sub-prime loans.

[equalizer]

[quote=arraya]Treasury Secretary Paulson said:

“I don’t see subprime mortgage market troubles imposing a serious problem. I think it’s going to be largely contained,”

“A recession is unlikely.”

“We are experiencing a correction in the housing sector.”

“America is not in recession.”

“It is likely that housing prices won’t recover until early 2009.”
[/quote]
While his former firm was betting against sub-prime loans.

[Author]

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