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

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To: axial who wrote (108761)2/23/2010 12:01:53 PM
From: Jim McMannis1 Recommendation  Read Replies (1) of 116555
 
RE:"Especially when people are reading headlines like this:
Wall Street bonuses rise 17 per cent
‘For most Americans, these huge bonuses are a bitter pill and hard to comprehend,' New York state comptroller says
theglobeandmail.com;

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People don't seem to distinguish between the public/municipal and private sector. Where the money comes from to pay the public sector. Taxpayer money. They do understand however when wall street gets bailed out with taxpayer money and wall street gets bigger bonuses. That's a start.
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