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Harry® Harry® is offline
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First recorded activity by BoatBanter: Sep 2010
Posts: 215
Default The Federal Reserve Bank bankrupt?

"Jack" wrote in message ...
On Oct 1, 3:59 am, bpuharic wrote:
On Fri, 01 Oct 2010 02:02:40 -0400, wrote:

The issue is not monetary policy, it is a decline in our capacity to
produce things we can sell the world.


and one of the biggest factors in this was the destruction of unions.
a recent series of articles in 'slate' showed that countries with
strong unions also have strong manufacturing bases. the right
destroyed the unions in this country and, bye bye manufacturing


You're using backward logic. Actually, more manufacturing brings more
unions. Less manufacturing = less unions. Unions priced themselves
out of the market, and people like you killed manufacturing by buying
cheap chinese-made battery chargers at walmart. You killed the unions
with your purchasing decisions.


One way or another unions had to go. They became too powerful and greedy to allow on shore manufacturing to compete in the world market.

--
Harry
"The 'C' students run the world."