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10 Insanely Overpaid Public Employees ($600,000 Texas state employees)
fiscaltimes.com ^ | July 13, 2011 | By BLAIRE BRIODY, The Fiscal Times

Posted on 11/29/2011 1:15:58 AM PST by Liz

EXCERPT.....even during these hard times, there are thousands of government employees who still earn great, big salaries – many of them hundreds of thousands more than the $400,000 Obama pulls down each year.

In 2009, 347 Texas state employees earned more than the president; 53 of them made more than $600,000. In New York, 35 employees were paid over $400k last year. Since 2005, the number of Federal employees earning $150,000 plus has jumped tenfold: going from 12,399 to 171,689.

See our slideshow here on 10 insanely overpaid government employees.

We reported all their yearly earnings, which in addition to base salary, includes bonuses, overtime pay, and other pay.

The “other pay” can be things like unused sick days--$594,976 worth of them for one California employee – something private sector employees could only dream of.


TOPICS: Extended News; Government; US: California; US: Texas
KEYWORDS: california; texas

1 posted on 11/29/2011 1:16:05 AM PST by Liz
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To: Liz

President Soetoro was paid $400K? I want a refund.


2 posted on 11/29/2011 1:37:29 AM PST by GrandJediMasterYoda (Nancy Pelosi - The #1 reason why we need a Constitutional amendment for Congressional drug testing.)
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To: GrandJediMasterYoda

“President Soetoro was paid $400K?”
_________________________________________

You mean his official salary....
God only knows how much he was really paid, and he is not talking.


3 posted on 11/29/2011 1:42:35 AM PST by AlexW
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To: South40; cripplecreek; TADSLOS; BillyBoy; org.whodat; Condor51; stephenjohnbanker
In 2009, 347 Texas state employees earned more than the president's $400,000; 53 Texas state employees made more than $600,000.

Add that to Ricky's top-heavy governor's office staff.

Small govt advocate---my Aunt Tilly.

4 posted on 11/29/2011 1:45:45 AM PST by Liz
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To: AlexW; GrandJediMasterYoda; CutePuppy
President Soetoro's official salary was $400K......... God only knows how much he was really paid, and he is not talking.

We do know BO sent $17.5 billion "stimulus" to NJ......which promply disappeared....probably wired to a numbered account offshore.

And here's the biggest political heist in US history.

===========================================

MUST READ What the so-called "collapse" of the banking system wrought:

Behind The Real Size of the Bailout; A guide to the abbreviations, acronyms, and obscure programs that make up the $14 trillion federal bailout of Wall Street
SOURCE motherjones.com
Mon Dec. 21, 2009 12:23 PM PST

The price tag for the Wall Street bailout is often put at $700 billion—the size of the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside money to bail out financial firms and inject money into the markets.

To get a sense of the size of the real $14 trillion bailout, see our chart at web site. Below, a guide to the pieces of the puzzle:

Treasury Department bailout programs
(Remember that Obama's Treasury Dept was controlled by his then-COS Rahm Emanuel---a G/S lobbyist in the WH)

Money Market Mutual Fund: In September 2008, the Treasury announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].

Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokerages—as much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].

TARP: As part of the Troubled Asset Relief Program, the Treasury has made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid.

Government-sponsored enterprise (GSE) stock purchase: The Treasury has bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets."

GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion ---SNIP---.

LONG READ---go to web site to read more and checkout the shocking charts.

SOURCE http://motherjones.com/politics/2009/12/behind-real-size-bailout ===================================

Behind The Real Size of the Bailout; A guide to the abbreviations, acronyms, and obscure programs that make up the $14 trillion federal bailout of Wall Street
SOURCE motherjones.com
Mon Dec. 21, 2009 12:23 PM PST

5 posted on 11/29/2011 1:57:56 AM PST by Liz
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To: Liz
Since 2005, the number of Federal employees earning $150,000 plus has jumped tenfold: going from 12,399 to 171,689.

This is the explosion os the Senior Executive Service ranks. It used to be those ranks were for the "deputy assistant under secretary of XXXX agency", but now every agency has added whole new levels of bureaucracy, while promoting their existing leadership from the GS pay grades to the SES pay grades.

6 posted on 11/29/2011 1:59:55 AM PST by USNBandit (sarcasm engaged at all times)
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To: USNBandit

Thanks for the valuable input.


7 posted on 11/29/2011 2:02:13 AM PST by Liz
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To: Liz

If Perry makes the nomination, wonder if Democrats would use this kind of thing to dog him (surely they have equally egregious fiscal sins in their camps)?


8 posted on 11/29/2011 2:05:10 AM PST by HiTech RedNeck (Sometimes progressives find their scripture in the penumbra of sacred bathroom stall writings (Tzar))
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To: Liz

Gee, and who would have ever suspected that we’ve getting ripped off royal by our own government?

/sarc


9 posted on 11/29/2011 2:06:03 AM PST by Bullish (Recovery won't begin until Obama loses HIS job.)
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To: AlexW

Officially, Barack isn’t even among OWS’s so hated 1%. But some of the gummit sinecures above might be.


10 posted on 11/29/2011 2:06:44 AM PST by HiTech RedNeck (Sometimes progressives find their scripture in the penumbra of sacred bathroom stall writings (Tzar))
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To: Liz

how many Contractors are they calling employees?


11 posted on 11/29/2011 2:23:15 AM PST by SF_Redux (Sarah stands for accountablility and personal responsiblity, democrats can't live with that)
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To: HiTech RedNeck

The two from Texas who are shown on the slide show are the chancellor of UT and a fundraiser from Southwest Medical Center. The Governor made a push against just such salaries this year, with “Seven Breakthrough Solutions,” a study from 2008 about how to reduce costs in higher education.

Here’s the summary. http://www.texashighered.com/7-solutions

Dallas Morning News report from April, 2011 http://www.dallasnews.com/incoming/20110428-texas-legislature-blog-ut-am-presidents-defend-reactions-to-seven-breakthrough-solutions_plan-to-reform-higher-education.ece

FR thread on opposition to the solutions: http://www.freerepublic.com/focus/f-news/2753706/posts

An article about the Senate hearings on Texas Higher Ed funding http://www.mysanantonio.com/news/education/article/Cigarroa-UT-cutswill-hurt-1005326.php


12 posted on 11/29/2011 2:36:57 AM PST by hocndoc (WingRight.org Have mustard seed: Will use. Cut spending, cut spending, cut spending, now,now,now!)
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To: Liz

“And here’s the biggest political heist in US history.”
_____________________________

I think all of us in the FReeper community know that this Marxist union thug, Obumbo from Chicago, is the biggest crook in America, elected by the morons.

If we do not get our act together and nominate one who can beat the Communist, America is finished forever.
The sad part is, despite what Michael Savage thinks, Obumbo is not really all that bright.
He is simply Howdy Doody in drag.


13 posted on 11/29/2011 2:52:32 AM PST by AlexW
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To: South40; cripplecreek; TADSLOS; BillyBoy; org.whodat; Condor51; stephenjohnbanker; ...
OH BROTHER---ANOTHER RICKY FLIM FLAM the giveaway king who says the rest of us are heartless b/c we dont agree with his in-state tuition handouts to lawbreakers.

This is the same doofus who "said" he was against high govt salaries........his solution was “Seven Breakthrough Solutions,” a study from 2008 about how to reduce costs in ------now get this-----"higher education."

ROTFL.

This jerk Perry will say anything to get power.

14 posted on 11/29/2011 2:53:50 AM PST by Liz
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To: AlexW
Obumbo is not really all that bright. He is simply Howdy Doody in drag.

LOL.......love to see that photoshopped.

15 posted on 11/29/2011 2:57:41 AM PST by Liz
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To: Liz

“He is simply Howdy Doody in drag.”
______________________________________

I guess I am showing my age, hahaha
Maybe a lot of FReepers who do not know Howdy Doody, the afternoon TV puppet of the early 50s.
I can remember Howdy, Buffalo Bob, and Clarabelle as if they were yesterday.


16 posted on 11/29/2011 3:03:37 AM PST by AlexW
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To: USNBandit
“Since 2005, the number of Federal employees earning $150,000 plus has jumped tenfold: going from 12,399 to 171,689.”

IMHO...the “prospect” of SES salaries is the major push for bureaucratic expansion

17 posted on 11/29/2011 3:20:34 AM PST by mo
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To: AlexW

On the web, surfers of all ages can get all the nostalgia that’s out there.


18 posted on 11/29/2011 3:39:24 AM PST by Liz
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To: AlexW; Liz

IOW over the hill by a couple of leagues


19 posted on 11/29/2011 3:41:29 AM PST by SteveH (First they ignore you. Then they laugh at you. Then they fight you. Then you win.)
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To: Liz
Just the tip...
20 posted on 11/29/2011 3:45:38 AM PST by djf (http://www.freerepublic.com/focus/f-chat/2801220/posts)
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To: SteveH

“IOW over the hill by a couple of leagues”
____________________________________________

Obviously....You joined FR a few months ahead of me :P
Anyway, I am a child of 1944.


21 posted on 11/29/2011 3:49:19 AM PST by AlexW
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To: Liz

Mac Brown shoulda made the list...


22 posted on 11/29/2011 5:40:55 AM PST by Rightly Biased (Do you know how awkward it is to have a political argument with a naked man?)
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To: Liz

Rick Perry has a natural talent at the Pay to Play game with shady real estate deals and jobs contracts in exchange for political favor and lucrative state position appointments. He makes Warren Harding look like a small time grifter.


23 posted on 11/29/2011 5:50:32 AM PST by TADSLOS (Lexicon Genetics- Rick Perry's Solyndra Moment)
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To: Liz
In 2009, 347 Texas state employees earned more than the

I bet they worked a lot harder than 0bama.

24 posted on 11/29/2011 5:52:38 AM PST by airborne (Paratroopers! Good to the last drop!)
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To: Liz

Once again, Liz, you make a nonsensical comment. What State are you from and are you aware of the value of season tickets to UT home football games?

The Seven Breakthrough Solutions only apply to the high cost of a degree at colleges and universities. However, since the highest salaries are at the branches of the University of Texas system, the plan is pertinent.

Since the “agencies” are really semi-autonomous universities and medical schools, the problem is not so simple as naming “public employees.” http://www.texastribune.org/library/data/government-employee-salaries/ The top two are football coaches, the bulk of the top salaried are heads of departments at the medical schools, where research grants augment income — and where Texas leads, with multiple Nobel Prizes, including 2 at Southwest Medical Center this year.

Then there’s the problem of family legacies, the other prestige variables and the number of freshmen who have no idea what they want to major in and the many students who consider college a 4 year adolescent party.

We can only control certain variables. It appears - from the howls in academia, at least - that the Seven Solutions address a few key variables within higher education that can be intentionally changed in order to increase education opportunities and the worth of the college years.


25 posted on 11/29/2011 7:13:18 AM PST by hocndoc (WingRight.org Have mustard seed: Will use. Cut spending, cut spending, cut spending, now,now,now!)
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To: Liz

Perry’s no small gov’t advocate, but I would be willing to bet that the majority of those making above 400k, and especially those over 600k, are involved with the universities, and coaches in particular. Perry would not have a whole lot of say in those salaries.


26 posted on 11/29/2011 12:18:04 PM PST by tarawa
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To: hocndoc

Quit injecting Liz/Larry’s Paultard rants with good information...it’s cluttering up his/her thread !!!


27 posted on 11/29/2011 12:23:17 PM PST by magritte
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To: USNBandit
This is the explosion os the Senior Executive Service ranks.

A GS 15 in New York, LA or even Baltimore can top $150,000. Don't need to be SES to get there. Shoot, in San Fran, you can get there as low as a 15/5. A 14 falls just short of 150K - $148,806 in San Francisco.

28 posted on 11/29/2011 5:16:39 PM PST by PAR35
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To: PAR35

Is the GS pay cap based on locality, or is it the same across the board? I am up for a 14 law enforcement position and would hit the cap around 14/4 if I work a holiday.


29 posted on 11/29/2011 9:20:47 PM PST by USNBandit (sarcasm engaged at all times)
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