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POPSIt's a wonderful life working for the government The policy aim, Democrats say, was to maintain public services and aid. The political aim, although Democrats don't say so, was to maintain public-sector jobs -- and the flow of union dues to the public employees unions that represent almost 40 percent of public-sector workers. Those unions in turn have contributed generously to Democrats. Services Employee International Union head Andy Stern, the most frequent nongovernment visitor to the Obama White House, has boasted that his union steered $60 million to Democrats in the 2008 cycle. The total union contribution to Democrats has been estimated at $400 million.
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POPSRetirireing? Read this; As I am due to retire next year, thought I would add this to others like me, be carefull, get your kids to look over agreements!
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POPSGreece downgraded over high debt Europe is falling. What will the order be: 1) Greece, 2) Ireland, 3) Italy, 4) Portugal, 5) UK, 6) Spain? What could Germany and France do then, but follow. What happens then is the $64 trillion question. Hyperinflation? More deflation? Nobody knows, but they will know soon. The knowledge is liable to be depressing for believers in eternal economic growth.