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

To: mishedlo who wrote (111631)	5/16/2010 3:38:07 PM
From: NOW	18 Recommendations Read Replies (1) \| Respond to of 116555

if it is bullshit please run the numbers to show it. Financial bailout costs to taxpayer vs public union malfeasance. come on. let see it Mish

To: mishedlo who wrote (111631)	5/16/2010 5:14:26 PM
From: Crimson Ghost	30 Recommendations Respond to of 116555

Mish Your position on unions and financial corruption and looting seems similar to the Wall Street oligarchs. They share your hatred of public unions while they pay themselves bonuses beyond the dreams of Midas fueled by the crucifixion of savers. The idea that people will support a crackdown on public unions while the oligarchs continue to loot the nation at the expense of the already shrinking middle class is a non starter IMHO.

To: mishedlo who wrote (111631)	5/16/2010 7:48:07 PM
From: Little Joe	7 Recommendations Read Replies (3) \| Respond to of 116555

Mish is right. I have worked for the federal government, the City of Baltimore, and as an adjunct professor for a university. The amount of waste and mismanagement is incredible. Just visit any government office and think a little and you can easily imagine ways that money could be saved. I find that in many government offices I visit, that it is difficult to find anyone. The halls are like a tomb. We are wasting so much money on these overpaid bozos, it is incredible. In the government offices where I worked those who stayed for a while and left did most of the work. The only thing the long termers knew was their retirement date and how much pension they would receive. It is disgusting what is going on. lj

To: mishedlo who wrote (111631)	5/16/2010 9:00:52 PM
From: Steve Lokness	17 Recommendations Read Replies (2) \| Respond to of 116555

Mish; People have a choice. They did not have to buy houses at absurd prices, and they did not have to invest in the stock market. But the most conservative - the hard working people that didn't gamble away their money are now losing it to inflation as interest rates don't even make up for the declining value of the dollar. How do you justify that? Jon Stewert had this right; the big banks get money from the fed for virtually no interest and then lend it back to the government at a higher rate so the government can give it back to the banks as a bailout. The union mischief pales to the insanity of this craziness. Steve