http://www.zerohedge.com/news/2014-01-16/here-it-comes-obama..."Here It Comes: Obama Considering Executive Order To Raise Minimum WageSubmitted by Tyler Durden on 01/16/2014 18:51 -0500We 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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