Comments on: California tax credit half used in one month, distress inventory down but non-payment up, effective homeownership rate of Los Angeles County 38.5 percent compared to 50.5 percent headline rate.

By: Captain Ramen

Captain Ramen — Wed, 09 Jun 2010 19:54:34 +0000

@Emma

That cost is ridiculous. You could arm 2-300 private citizens for the same amount of money. We’re in this financial crisis precisely because we demand government services – more cops, more prisons, more medicare – and then whine when the bill comes due.

By: Emma

Emma — Wed, 09 Jun 2010 01:19:05 +0000

@Tax to death

Do you even realize what you are saying? The allocated amount $233K/cop is the ACTUAL cost to have a single police officer patrolling the streets. It is NOT his or her salary. It is 1) salary, 2) benefits (life insurance, health insurance, etc), 3) training, 4) supplies (guns, bullets, patrol car, bullet proof vest, etc), and 5) facilities (telephone line and desk). If you were any kind of business person you would know that it costs (at a minimum) twice what an employee’s salary is to hire a full time employee in retail. So to hire a specially trained police officer is going to cost more.

By: Scottie

Scottie — Tue, 08 Jun 2010 16:45:32 +0000

@JRS – I don’t know where you work, but $55K a year is doing pretty good for anyone in this day and age. $110K a year family income is quite a bit more than my wife and I make in the private sector working high-paced, high-pressure, sucky desk jobs with demanding bosses and long hours.

It’s not to say that you aren’t right that $110K isn’t enough in California. It’s not enough. But teachers have it good. Period.

By: Mason

Mason — Tue, 08 Jun 2010 00:00:11 +0000

$55,000. salary for a teacher is not the top pay.
Average pay in Calif. in $70,430.,
Top pay in some districts is $105,000., before stipends for coaching, and overtime pay for reviewing school books in the summer.

By: Dark Ages

Dark Ages — Mon, 07 Jun 2010 22:47:21 +0000

@Dirk Quade
I think the only color that matter anymore is green. It’s not like the bank comes to the house to meet the owrners. You’re not even a number any more–your just in a group of numbers and the tranche you are in is handled in one way or another. The CDS’s pay off when the CDO tranche failed, so the faster they foreclosed in 2007 the faster they cashed in their AAA CDS. Now they have too many properties and can’t ingest them fast enough, have to mark against their books, etc. It’s just a giant game of hide-the-hotdog and most will have a burnt weenie when it’s over.
If all things were otherwise equal, I’m sure there would be that added fun of discrimination, because this was committed by evil persons, so why would you expect them to have integrity in one are and not in another.