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

To: Little Joe who wrote (106109)	1/5/2010 4:05:09 PM
From: mishedlo	7 Recommendations Read Replies (2) \| Respond to of 116555

Showdown in Cleveland: Unions Refuse Nominal Pay Cuts globaleconomicanalysis.blogspot.com In typical fashion, and not understanding how well off they are compared to the private sector, unions have rejected nominal salary concessions in Cleveland. Please consider Cleveland Unions Have One Week To Accept Concessions Or Face Layoffs. ... Mish

To: Little Joe who wrote (106109)	1/5/2010 4:30:22 PM
From: NOW	Read Replies (2) \| Respond to of 116555

where does the power reside: current thinking is that it resides by being in office. that too may change

To: Little Joe who wrote (106109)	1/5/2010 6:32:24 PM
From: Skeeter Bug	1 Recommendation Read Replies (1) \| Respond to of 116555

LJ, agreed - a fundamental change in money would change things. the problem is, the powerful, rich and influential benefit from the current system (they designed it) and our government is filled with a bunch of sociopathic mercenaries who do their bidding. imho, this rules out change short of a serious revolt, which i don't see coming any time soon.