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Why Real Estate Will Hold The Economy Back

By Jeff Harding

March 4th, 2011

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SEC investigating Kraft for corruption in India


On Saturday March 5, 2011, 10:06 am


Pinball Wizard lyrics -- ((("Plays by sense of smell", which is
what I think investors need to do, and get rid of the smelly
stuff...I prefer Nestle to Kraft also because of the low debt
at Nestle.)))

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(((Well...I am expecting the public sector to now be thoroughly
looted in new "privatization" schemes of all sorts. And for leveraged
buyouts, debt-financed share buybacks, and foreign acquisitions
of US assets of all sorts. Every public American forest will be
cut, all streams fished and dammed, all mines stripped, and all workers
outsourced. US capitalism no longer needs workers, just assets to
leverage and securitize -- preferably absolutely everything, even

And every ounce of flesh will be trimmed from the poor
and middle class, while at the same time the Federal government
will continue squandering trillions of dollars on ludicrous
activities that incur even larger future obligations! Every time
the Defense Dept. spends a buck they obligate the US to spend
two bucks in the future, one way or another. It isn't just that
they're wasting money but that they're creating newer, bigger
problems than they problems they claim to be "solving".)))

Favorable or Unfavorable

by Doug Noland

March 04, 2011

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(((If the law passes, will public workers be prepared to go on
strike, en masse? Risking getting fired? Conversely, if they
accept reduced benefits but still retain fairly generous
health and pension benefits -- compared to private sector
workers -- will the unions be out there protesting to aid
the un-healthed, un-pensioned, un-washed out-of-work masses?
(I don't think so.) On the other hand, a case can be made
for 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 government
bosses fighting government workers. And sympathy for public
school teachers? Hardly. I never liked any of the ones I
met -- except for a few of the college professors.)))

Wisconsin workers continue protests as Democrats prepare
surrender to Walker

By Jerry White

5 March 2011

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