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.
President Soetoro was paid $400K? I want a refund.
“President Soetoro was paid $400K?”
_________________________________________
You mean his official salary....
God only knows how much he was really paid, and he is not talking.
Add that to Ricky's top-heavy governor's office staff.
Small govt advocate---my Aunt Tilly.
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
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.
Thanks for the valuable input.
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)?
Gee, and who would have ever suspected that we’ve getting ripped off royal by our own government?
/sarc
Officially, Barack isn’t even among OWS’s so hated 1%. But some of the gummit sinecures above might be.
how many Contractors are they calling employees?
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
“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.
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.
LOL.......love to see that photoshopped.
“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.
IMHO...the “prospect” of SES salaries is the major push for bureaucratic expansion
On the web, surfers of all ages can get all the nostalgia that’s out there.
IOW over the hill by a couple of leagues
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
