Current Events

I am reading with a lot of amazement the  happen around the country related the growing  debt issue and how it is being handled   . For the most part I don't think the average person understands the problem . The size of the unfunded liability of the state and local government  is big , very big and growing. The folk we elected to deal with the problem  understand the problem , but will not make the need correction because as one local politician told me " I am the one with the target on my back" he was referring to his political life which is just as important to him as him as the other life..The unions have damaged ever thing they have ever touched and not just in this country look around the world , it is simply staggering in total scope .We all read the slaughter house and understand the condition which gave birth to the union movement , and current workplace rule  which came about as a result of those abuses all good stuff .  The problem come in when the union  are allowed to organize the public/government employees , which is the fastest growing and largest growing part of the labor movement.The folks who are charged with managing the public unions are the same one's who take there $$ at election time, spelled PAC's .
I think one of the glaring examples of abuse in  labor  is the teachers union , the cost per student in the public school system is at an all time high, the product  is substandard as benchmarks against the rest of the world. Not all of these problem in the school are union, but a great deal is , either Thur workplace rule or lobbing in the state house or in Washington.
How long before the FAT cat banker say no we will not buy your bond , we are not interest in your commercial paper , because the risk is to great, the federal government can only print so much $$ remember Germany in the 20s.  I hate to tell you history does repeat  , if you don't learn from the first time around

Enough of an old man spouting off.

Life is good!!