[bsrsharma]

Job Fight: Immigrants vs. Locals

Tennessee Residents Compete for Work They Once Scorned; An All-Night Wait for Slaughterhouse Shifts

Hard times recently drew scores of locals and immigrants to a cold sidewalk in this town, where they spent an anxious night waiting to compete for jobs in a slaughterhouse.

Burmese refugee Cho Aye traveled 60 miles from Nashville on a Thursday morning in late March to take a place at the head of the line outside Shelbyville’s state employment office. The next day, the office was to take applications for $9.35-an-hour jobs processing chicken at the local Tyson Foods plant. Directly behind Ms. Aye, sitting on blankets atop the concrete, were 16 more Burmese refugees who had come from as far away as Idaho and Florida.

“I don’t mind doing any kind of work,” Ms. Aye, a petite 22-year-old, said that evening as she settled into a reclining beach chair she bought at Goodwill….

http://online.wsj.com/article/SB124303310871748603.html#articleTabs%3Darticle

[bsrsharma]

U.K. Company Bonds Fall After S&P Cuts Rating Outlook

U.K. corporate bonds fell the most in six weeks and the cost of hedging against losses on government debt jumped, after Standard & Poor’s cut the outlook on the nation’s AAA credit rating to “negative.” …

http://www.bloomberg.com/apps/news?pid=20601102&sid=aoQZU_FvUSJI&refer=uk

It just happened in UK. The S&P thumb rule seems to be to downgrade sovereign debt when debt exceeds GDP. U.S. is close to that.

See also http://www.breitbart.tv/?p=344843

(‘We’re Out of Money Now’: Obama Outlines Fiscal Challenges Facing US)

[bsrsharma]

U.K. Company Bonds Fall After S&P Cuts Rating Outlook

U.K. corporate bonds fell the most in six weeks and the cost of hedging against losses on government debt jumped, after Standard & Poor’s cut the outlook on the nation’s AAA credit rating to “negative.” …

http://www.bloomberg.com/apps/news?pid=20601102&sid=aoQZU_FvUSJI&refer=uk

It just happened in UK. The S&P thumb rule seems to be to downgrade sovereign debt when debt exceeds GDP. U.S. is close to that.

See also http://www.breitbart.tv/?p=344843

(‘We’re Out of Money Now’: Obama Outlines Fiscal Challenges Facing US)

[bsrsharma]

U.K. Company Bonds Fall After S&P Cuts Rating Outlook

U.K. corporate bonds fell the most in six weeks and the cost of hedging against losses on government debt jumped, after Standard & Poor’s cut the outlook on the nation’s AAA credit rating to “negative.” …

http://www.bloomberg.com/apps/news?pid=20601102&sid=aoQZU_FvUSJI&refer=uk

It just happened in UK. The S&P thumb rule seems to be to downgrade sovereign debt when debt exceeds GDP. U.S. is close to that.

See also http://www.breitbart.tv/?p=344843

(‘We’re Out of Money Now’: Obama Outlines Fiscal Challenges Facing US)

[bsrsharma]

U.K. Company Bonds Fall After S&P Cuts Rating Outlook

U.K. corporate bonds fell the most in six weeks and the cost of hedging against losses on government debt jumped, after Standard & Poor’s cut the outlook on the nation’s AAA credit rating to “negative.” …

http://www.bloomberg.com/apps/news?pid=20601102&sid=aoQZU_FvUSJI&refer=uk

It just happened in UK. The S&P thumb rule seems to be to downgrade sovereign debt when debt exceeds GDP. U.S. is close to that.

See also http://www.breitbart.tv/?p=344843

(‘We’re Out of Money Now’: Obama Outlines Fiscal Challenges Facing US)

[bsrsharma]

U.K. Company Bonds Fall After S&P Cuts Rating Outlook

U.K. corporate bonds fell the most in six weeks and the cost of hedging against losses on government debt jumped, after Standard & Poor’s cut the outlook on the nation’s AAA credit rating to “negative.” …

http://www.bloomberg.com/apps/news?pid=20601102&sid=aoQZU_FvUSJI&refer=uk

It just happened in UK. The S&P thumb rule seems to be to downgrade sovereign debt when debt exceeds GDP. U.S. is close to that.

See also http://www.breitbart.tv/?p=344843

(‘We’re Out of Money Now’: Obama Outlines Fiscal Challenges Facing US)

[bsrsharma]

Time to legalize counterfeiting

Many Americans today believe certain illegal vices in our society should be decriminalized, taxed, and regulated. The most popular of these vices include marijuana smoking, prostitution, and all forms of gambling. The proponents for decriminalization believe that the new tax revenues produced would help support schools, healthcare, and the impoverished, ease the pain of taxpayers, and reduce the deficit. They also believe that transgressions such as these will take place no matter, but, if properly regulated, would be safer for society in general. It would be a win, win situation.

Unfortunately, when it comes to lowering taxes and helping the downtrodden, the best-laid government plans seem to fall short of expectations. However, there is one vice, one small illegal indiscretion, that, if decriminalized would solve all our problems. The United States needs to legalize the victimless crime known as counterfeiting….

http://www.renewamerica.us/columns/witkov/090522

[bsrsharma]

Time to legalize counterfeiting

Many Americans today believe certain illegal vices in our society should be decriminalized, taxed, and regulated. The most popular of these vices include marijuana smoking, prostitution, and all forms of gambling. The proponents for decriminalization believe that the new tax revenues produced would help support schools, healthcare, and the impoverished, ease the pain of taxpayers, and reduce the deficit. They also believe that transgressions such as these will take place no matter, but, if properly regulated, would be safer for society in general. It would be a win, win situation.

Unfortunately, when it comes to lowering taxes and helping the downtrodden, the best-laid government plans seem to fall short of expectations. However, there is one vice, one small illegal indiscretion, that, if decriminalized would solve all our problems. The United States needs to legalize the victimless crime known as counterfeiting….

http://www.renewamerica.us/columns/witkov/090522

[bsrsharma]

Time to legalize counterfeiting

Many Americans today believe certain illegal vices in our society should be decriminalized, taxed, and regulated. The most popular of these vices include marijuana smoking, prostitution, and all forms of gambling. The proponents for decriminalization believe that the new tax revenues produced would help support schools, healthcare, and the impoverished, ease the pain of taxpayers, and reduce the deficit. They also believe that transgressions such as these will take place no matter, but, if properly regulated, would be safer for society in general. It would be a win, win situation.

Unfortunately, when it comes to lowering taxes and helping the downtrodden, the best-laid government plans seem to fall short of expectations. However, there is one vice, one small illegal indiscretion, that, if decriminalized would solve all our problems. The United States needs to legalize the victimless crime known as counterfeiting….

http://www.renewamerica.us/columns/witkov/090522

[bsrsharma]

Time to legalize counterfeiting

Many Americans today believe certain illegal vices in our society should be decriminalized, taxed, and regulated. The most popular of these vices include marijuana smoking, prostitution, and all forms of gambling. The proponents for decriminalization believe that the new tax revenues produced would help support schools, healthcare, and the impoverished, ease the pain of taxpayers, and reduce the deficit. They also believe that transgressions such as these will take place no matter, but, if properly regulated, would be safer for society in general. It would be a win, win situation.

Unfortunately, when it comes to lowering taxes and helping the downtrodden, the best-laid government plans seem to fall short of expectations. However, there is one vice, one small illegal indiscretion, that, if decriminalized would solve all our problems. The United States needs to legalize the victimless crime known as counterfeiting….

http://www.renewamerica.us/columns/witkov/090522

[bsrsharma]

Time to legalize counterfeiting

Many Americans today believe certain illegal vices in our society should be decriminalized, taxed, and regulated. The most popular of these vices include marijuana smoking, prostitution, and all forms of gambling. The proponents for decriminalization believe that the new tax revenues produced would help support schools, healthcare, and the impoverished, ease the pain of taxpayers, and reduce the deficit. They also believe that transgressions such as these will take place no matter, but, if properly regulated, would be safer for society in general. It would be a win, win situation.

Unfortunately, when it comes to lowering taxes and helping the downtrodden, the best-laid government plans seem to fall short of expectations. However, there is one vice, one small illegal indiscretion, that, if decriminalized would solve all our problems. The United States needs to legalize the victimless crime known as counterfeiting….

http://www.renewamerica.us/columns/witkov/090522

[bsrsharma]

China Grows More Picky About Debt

“..China has been exchanging one dollar-denominated asset for another — selling the debt of government-sponsored enterprises like Fannie Mae and Freddie Mac in a hurry to buy Treasuries. While this has been clear for months, new data shows that China is also trading long-term Treasuries for short-term notes, highlighting Beijing’s concerns that inflation will erode the dollar’s value in the long run as America amasses record debt.

So China’s rising purchases of Treasuries do not represent the confident bet on America’s future that they might seem to be on the surface. For instance, China does not appear to be dumping euros or yen to buy Treasuries,..”

[bsrsharma]

China Grows More Picky About Debt

“..China has been exchanging one dollar-denominated asset for another — selling the debt of government-sponsored enterprises like Fannie Mae and Freddie Mac in a hurry to buy Treasuries. While this has been clear for months, new data shows that China is also trading long-term Treasuries for short-term notes, highlighting Beijing’s concerns that inflation will erode the dollar’s value in the long run as America amasses record debt.

So China’s rising purchases of Treasuries do not represent the confident bet on America’s future that they might seem to be on the surface. For instance, China does not appear to be dumping euros or yen to buy Treasuries,..”

[bsrsharma]

China Grows More Picky About Debt

“..China has been exchanging one dollar-denominated asset for another — selling the debt of government-sponsored enterprises like Fannie Mae and Freddie Mac in a hurry to buy Treasuries. While this has been clear for months, new data shows that China is also trading long-term Treasuries for short-term notes, highlighting Beijing’s concerns that inflation will erode the dollar’s value in the long run as America amasses record debt.

So China’s rising purchases of Treasuries do not represent the confident bet on America’s future that they might seem to be on the surface. For instance, China does not appear to be dumping euros or yen to buy Treasuries,..”

[bsrsharma]

China Grows More Picky About Debt

“..China has been exchanging one dollar-denominated asset for another — selling the debt of government-sponsored enterprises like Fannie Mae and Freddie Mac in a hurry to buy Treasuries. While this has been clear for months, new data shows that China is also trading long-term Treasuries for short-term notes, highlighting Beijing’s concerns that inflation will erode the dollar’s value in the long run as America amasses record debt.

So China’s rising purchases of Treasuries do not represent the confident bet on America’s future that they might seem to be on the surface. For instance, China does not appear to be dumping euros or yen to buy Treasuries,..”

[Author]

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