Wednesday, February 08, 2012
1. This could be the Ben Bernanke quote of the year
 
2. Why the Fed's "zero interest-rate policy" is so bad
 
3. New gov't report shows Social Security is in even bigger trouble than previously thought
 
1. PIMCO's Bill Gross just made an astonishing comment
 
2. Richard Russell: This could be 2012's "market moving" event
 
3. New report reveals Federal Reserve president owns millions in gold and platinum
 
4. This morning's "fantastic" jobs report is hiding some shocking news
 
5. An incredibly simple and inexpensive technique to improve the taste of any wine
 
The "Detroitification" of America
Advertisement
Thursday, February 11, 2010
Text Size: increase text size decrease text size

From Mark J. Perry's Carpe Diem blog:

According to a December report from the BLS, state and local government employers spent an average of $39.83 per hour worked ($26.24 for wages and $13.60 for benefits) for total employee compensation in September 2009. Total employer compensation costs for private industry workers averaged $27.49 per hour ($19.45 for wages and $8.05 for benefits), see chart above.

In other words, government employees make 45% more on average than private sector employees.

According to another BLS report...

Read full article...

More government stupidity:

The bankruptcy of the United States is now certain

Stansberry: Detroit's socialist nightmare is America's future

The best explanation of Barack Obama's agenda we've ever read

Topics: Government Stupidity | Government | Cruxallaneous
Facebook RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.
Home | About Us | Archive | Partner | RSS