Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Thursday, August 12, 2010

from Neal Boortz, indeed the Talk Master!

Union goon Richard Trumka of the AFL-CIO thinks that America’s deficit problem is just something created by the media and evil right-wing politicians. Here are a few quotes from an interview with

“We don’t have a short term deficit problem .. and every economist in the country knows that.”

“The Republicans have done a marvelous of creating fiction and making it seem like fact.”
“We have a jobs crisis in this country. We don’t have a deficit crisis.”
The fact is that since Democrats have taken over the Congress, the federal budget has increased 38%, from $2.77 trillion to over $3.8 trillion, all of it in deficit spending. Not to mention that, according to the CBO, PrezBo’s fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years and raise the federal debt to 90% of the nation's economic output by 2020. Has it ever occurred to this union goon that the more government grows, the more it crowds out the private sector – the same, evil, private sector which creates jobs and doles out paychecks and ultimately generates tax revenues?

Armed with this knowledge, tell me you are not shocked by the fact that federal employees' average compensation has grown to more than double what private sector workers earn. According to a USA Today analysis, the compensation gap between federal and private workers has doubled in the past decade – “Federal civil servants earned average pay and benefits of $123,049 in 2009 while private workers made $61,051 in total compensation … the federal compensation advantage has grown from $30,415 in 2000 to $61,998 last year.” Union mentality, government’s out-of- touch payment of employees, unabandoned spending, pension promises, entitlement spending … these are all entwined. They are all a part of a culture which is on the verge of crippling our nation. With union goons like Richard Trumka at the helm, it isn’t going to be easy.

1 comment:

Anonymous said...

Dean, you do yourself (your credibility) no favors by posting quotes from two bit institutionalized hacks like Bortz.
Quote Greenspan. Quote Nobel Economics prize winners.. Paul Krugman.. whoever... but please not hacks who know nothing except how to yell fire in theaters. Ray