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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TimbaBear who wrote (42023)	11/30/2005 5:16:12 PM
From: NOW	Read Replies (1) \| Respond to of 116555

it is clear he is daft...but thanks for the post for the rest of us: as someone once said (paraphrasing): I speak the truth not to convince those who are cluless but to reaffirm it for those who understand

To: TimbaBear who wrote (42023)	11/30/2005 5:26:44 PM
From: NOW	Respond to of 116555

Once, I remember, we came upon a man-of-war anchored off the coast. There wasn't even a shed there, and she was shelling the bush . . . In the empty immensity of earth, sky, and water, there she was, incomprehensible, firing into a continent. Pop, would go one of the six-inch guns; a small flame would dart and vanish, a little white smoke would disappear, a tiny projectile would give a feeble screech -- and nothing happened. Nothing could happen. There was a touch of insanity in the proceeding, a sense of lugubrious drollery in the sight; and it was not dissipated by somebody on board assuring me earnestly there was a camp of natives -- he called them enemies! -- hidden out of sight somewhere. Joseph Conrad Heart of Darkness 1902 billmon.org

To: TimbaBear who wrote (42023)	11/30/2005 6:33:39 PM
From: mishedlo	Respond to of 116555

Don't bank on big raise next year By Molly Selvin Los Angeles Times seattletimes.nwsource.com Looking for a big bump in your paycheck next year? Don't hold your breath. For the second year in a row, wage and salary increases will average 3.5 percent in 2006, several compensation experts predict. The good news is that the average paycheck — in theory — should keep up with inflation, which is expected to be about 3 percent next year. The bad news is that most employees will get less than 3.5 percent. That average is driven up by very high raises expected in a few fields with acute staff shortages, including nursing and financial services. "If you're not in a high-demand position or covered by a union agreement, maybe you'll get 1 percent or 2 percent, if anything at all," said John Putzier, president of FirStep, a Pittsburgh area human-resources firm. "It's going to be spotty." On top of that, increases in health-insurance premiums deducted from those paychecks will reduce — if not wipe out — the raises many get. According to a recent Henry J. Kaiser Family Foundation survey, premiums for family coverage are expected to jump 9.2 percent next year. "Some employees probably won't even break even," Putzier said.