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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: JohnM who wrote (116397)	7/24/2009 5:52:31 PM
From: Bearcatbob	Read Replies (2) \| Respond to of 542169

But having said that, I need a bit more information. You say "uncertainty in labor costs." My impression is that they are going down (always a good from the folks in your social location but not so for laborers and not necessarily so from the viewpoint of the social whole) so I'm a bit unclear what the uncertainty is save that there is always uncertainty. Response: I believe I said increasing uncertainty. My specific reference is to Card Check or the current Son of Card Check. On the energy costs, I gather your concern is the cap and trade measures. I see the uncertainty in energy costs as a long term matter as much as a short term matter. And the only way we get the long term uncertainties under some degree of control is to reduce our dependence on fossil fuels and start a long term US development growth in environmentally friendly energy. Response: Yes - I mean Cap and Trade and the implications associated with it - as in reduction of low cost supplies. The short term is always going to get worse if we don't address this long term issue. As for uncertainties in the rule of law, I have no idea what you have in mind. I need a bit more information. Response: I am referring here to the unilateral abrogation of bond holder rights. The bottom line here is lending to unionized companies will require higher rates. Bob