Why Real Estate Will Hold The Economy BackBy Jeff HardingMarch 4th, 2011http://dailycapitalist.com/2011/03/04/why-real-estate-will-h...* * *SEC investigating Kraft for corruption in IndiareutersOn Saturday March 5, 2011, 10:06 am http://finance.yahoo.com/news/SEC-investigating-Kraft-for-rb...SEE ALSO:Pinball Wizard lyrics -- ((("Plays by sense of smell", which iswhat I think investors need to do, and get rid of the smellystuff...I prefer Nestle to Kraft also because of the low debtat Nestle.)))http://www.lyrics007.com/The%20Who%20Lyrics/Pinball%20Wizard...* * *(((Well...I am expecting the public sector to now be thoroughlylooted in new "privatization" schemes of all sorts. And for leveragedbuyouts, debt-financed share buybacks, and foreign acquisitionsof US assets of all sorts. Every public American forest will be cut, all streams fished and dammed, all mines stripped, and all workersoutsourced. US capitalism no longer needs workers, just assets toleverage and securitize -- preferably absolutely everything, eventrash!And every ounce of flesh will be trimmed from the poorand middle class, while at the same time the Federal governmentwill continue squandering trillions of dollars on ludicrousactivities that incur even larger future obligations! Every timethe Defense Dept. spends a buck they obligate the US to spendtwo bucks in the future, one way or another. It isn't just thatthey're wasting money but that they're creating newer, biggerproblems than they problems they claim to be "solving".)))Favorable or Unfavorableby Doug NolandMarch 04, 2011http://www.prudentbear.com/index.php/creditbubblebulletinvie...* * *(((If the law passes, will public workers be prepared to go onstrike, en masse? Risking getting fired? Conversely, if theyaccept reduced benefits but still retain fairly generoushealth and pension benefits -- compared to private sectorworkers -- will the unions be out there protesting to aidthe un-healthed, un-pensioned, un-washed out-of-work masses?(I don't think so.) On the other hand, a case can be madefor cutbacks in prison systems and bogus "victimless crime"laws. I am actually unsympathetic to both sides of this dispute :-) In a sense, this is an intra-governmental war, with governmentbosses fighting government workers. And sympathy for publicschool teachers? Hardly. I never liked any of the ones Imet -- except for a few of the college professors.)))Wisconsin workers continue protests as Democrats prepare surrender to WalkerBy Jerry White5 March 2011http://www.wsws.org/articles/2011/mar2011/wisc-m05.shtml* * *
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