Word: franciscos
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...cutbacks at factories in some part of the country far from where you live. But, as dry as much of the Federal Reserve Beige Book can be, there's something calming about its comprehensiveness, a sense of solidarity in misery. Oil extraction is poor in Texas, restaurants in San Francisco are doing badly, and the peanut industry - let's not talk about the peanut industry. The Fed predicts things are going to get worse over the next year. Flip through this report, despair, then go watch a Pixar flick...
...five-bedroom home in an Atlanta suburb for a house worth $100,000 more in either the metro Atlanta area, North Florida or Las Vegas. Another listing, by an 84-year-old widow, offered to trade her three-bedroom home in Scottsdale, Ariz., for one in the San Francisco Bay Area, which was closer to her family. A listing on besthouseswap.com advertised a lakefront condo in Branson, Mo., for property "in any other state...
...very, very sorry to say that my business is skyrocketing," the personal-finance guru Suze Orman said one late January afternoon. The Dow was down almost 200 points, and Orman was lounging on the terrace of her San Francisco town house, wearing a leopard-print tunic and cowboy boots. She looked up and popped a grape into her mouth. "This is happening because of the lies and deceit and greed of Wall Street, the mortgage companies, the SEC, the Administration," she said, growing agitated. Her outlook on the economy is practically apocalyptic: Millions more jobs will be lost, the stock...
...retire. If the market keeps dropping, which she expects, she plans to invest more: "It wouldn't surprise me if in the next year or two, I have close to $2 or $3 million in the market," she said. She values her five homes at $15 million: the San Francisco town house; a two-bedroom beach condo near Fort Lauderdale, Fla.; a house in South Africa; and two apartments in Manhattan. Orman believes that people who don't have money shouldn't buy things--they should fund their IRAs instead--while those who have a lot of it should spread...
...things to do in San Francisco...