If the”labor movement” is defined by solidarity between “workers,” why do public employee unions care so little for their brethren in in the private sector?
There are few states which to me embody dysfunction more than Illinois. The place is out of control. It is hamstrung by state employee and teacher unions which demand to be paid lavish pensions even though the state is effectively out of money and is clinging to its credit rating. If they are allowed, the Illinois state employee unions will hollow out the finances of the state (even more) and Illinois will continue down the path Detroit has already walked.
It’s been tough to save money since the Crash. Right now many of us are receiving a negative real interest rate on our savings. (If we have savings.) That is, the interest we get on our money is not enough to keep up with inflation. From the moment we buy a CD or deposit money into an interest bearing account we are actually losing money. (We are losing even more money though if we keep it in our mattresses – by a very small amount.)
Most Keynesian economists do not want to admit that we are in another depression. They find the word painful.
Money makes people do strange things, especially in Washington.
It’s funny, there are still many people in this country who are concerned with medical marijuana.That making pot available to patients will unleash some horrible drug genie. And yet one never hears these people complaining about medical heroin, and we have widespread legalized medical heroin, aka oxycodone and oxycontin in this country.
New York is not the most straightforward place to do business. The politicians of the state have long asserted their “right” to meddle (one way or the other) in the affairs of the private sector. Late night comedy it appears to be no exception.
The times they are a changin’ and they are a changin’ in jolly old England.
I was talking to a fellow the other day over lunch and we both wondered how it was that Eric Holder could possibly, at this point, remain the Attorney General of the United States. It’s been one blatant abuse of power after another with this guy. Yet he remains.