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Politics : Politics for Pros- moderated
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To: Tom Clarke who wrote (377476)8/10/2010 6:26:23 AM
From: Bearcatbob7 Recommendations  Read Replies (1) of 793926
 
Bailouts without reform of contracts in return is simply a waste of money. We will be back at the same point next year.

Recessions are supposed to liquidate excesses. In this case - bad public employee contracts desperately need to be redone. Failure to do so now simply delays the inevitable.

Bob
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