Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (100819)	8/14/2009 9:51:18 AM
From: Crimson Ghost	18 Recommendations Read Replies (3) of 116555

The idea that unions need to be dissolved while Wall Street bankers rake in record bonuses because of government largesse is a non-starter to put it mildly. The union movement is hugely weaker today then when Reagan took on PATCO. Like it or not weak and declining unions mean fewer decent paying jobs for average folks while Wall Street parasites and CEOs in various industries grow ever richer. This is a formula for massive social turmoil at some point.

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