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Author: Matt1344 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 137201  
Subject: ....Executive Order To Raise Minimum Wage Date: 1/16/2014 9:40 PM
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http://www.zerohedge.com/news/2014-01-16/here-it-comes-obama...

"Here It Comes: Obama Considering Executive Order To Raise Minimum Wage

Submitted by Tyler Durden on 01/16/2014 18:51 -0500

We thought that all perfectly idiotic headlines regarding the encroachment of central-planning would come from traditional banana republics as Venezuela, and of course France, such as the following:

MADURO SAYS VENEZUELA TO HAVE NEW FX SYSTEM
MADURO SAYS DOLLAR TO REMAIN AT 6.3 BS/DOLLAR IN 2014
MADURO CREATES AGENCY TO ENFORCE FAIR PRICES
MADURO SAYS LAW TO ALLOW MAX. 30% PROFIT MARGIN
NIGERIA TO SET UP FANNIE MAE-STYLE MORTGAGE FINANCE CO.
FRANCE PASSES LAW TO TAX WEALTHY AT 75%

And so on.

Boy were we wrong.

Moments ago The Hill reported that what many thought was absolutely impossible, may in fact become a reality: President Obama is considering issuing an executive order (#394,039,993,837?) to raise the minimum wage for Federal Workers... and in the process - with the help of that other central planner par excellence Bernyellen - lap all those other Banana republics that everyone so enjoys making fun of.

From the Hill:

[...]"


Regards, Ken
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