PeteK

Economic Efficiency Cannot Be Calculated

During the past 15 years, most strikes called by the unions were mostly concerning medical & health care cost. Most people don't understand why health care cost gone up so much. Just look at the law-suits brought by millions of greedy individuals and lawyers each and everyday suing doctors and hospitals and anything on sight. To make it worse, insurance for doctors and health facilities gone up like crazy. To make it even worse, the jury gone more crazy, rewarding billions to these law-suits. These law-suits affects almost every business in this country. Automakers were sued countless times. Now some people know why some big business are leaving this country. Too many junk law-suits and labor problems. Many samll coofee shops have to buy
insurance coverage. MaCdonald got sued for hot coffee. All these just get out of control. Congress must do something to reform this. Otherwise, business will find it harder and harder to survive.

On Markets, Recession, Bailouts and Competitiveness

CitiGroup does not have UAW on its back.
That's the difference.

G-20’s Done: Time to Recheck Buy Signals

Look, in-a -farm,
The seeds of failures were planted by Jimmy Carter.
And later fertilzed by Bill Clinton.
Same story with automakers.