Wednesday, August 11, 2010

Daily Highlights 2010-08-11

NEW YORK—Fears that policy makers are running out of options to revive a slowing global economy sent investors out of stocks and into the safe haven of the dollar, the yen and U.S. Treasury's.  (No surprise here!  When your only solution is to create more bureaucracies and raise taxes this is what you get - uncertainty and fear.) - http://online.wsj.com/article/SB10001424052748704216804575423272140596294.html?mod=WSJ_hps_sections_markets

Heritage Foundation - U.S. Long-Term Debt Situation Is One of the World’s Worst - Socialist programs, deficit spending, congress doesn't even read the bills any more etc.
http://www.heritage.org/Research/Reports/2010/07/US-Long-Term-Debt-Situation-Is-One-of-the-Worlds-Worst

American Spectator - Has Obama done anything right? - http://spectator.org/archives/2010/08/11/peak-Obama

Cato - (Anyway you look at it (Salary, benefits, security etc.) Federal Employees do much better than private sector employees. In fact, looking at the following article, The average Government Employees Total Compensation for Federal Employees is at $123,000 while their peers in the Private Sector are at $61,000. Of course many of these Federal Employees are in Unions.)
http://www.cato-at-liberty.org/2010/08/10/federal-employees-continue-to-prosper/

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