What is U.S. Secretary of Treasury doing hobnobbing in Davos Switzerland? He's being interviewed on stage by Charlie Rose of PBS fame. Can't they do that right here at home? How does it look to Americans that a high ranking U.S. official and an employee of PBS - BTW, both funded by tax payer money - are going to a meeting which is essentially limited to rich and powerful people? Not sure this is what the framers of our constitution had in mind when they set out to create the new nation.
By the way if you want to read what Mr. Geithner had to say, here's a link. It's not pretty. He essentially doesn't have much to say about how to generate jobs though he's very optimistic about U.S. growth.
Friday, January 28, 2011
Thursday, January 27, 2011
Oregon Invests $ 500 Million Pension & School Funds in Leveraged Buyout Giant
From today's paper: "Oregon's pension and common school funds are entrusting another big chunk of capital to Kohlberg Kravis Roberts & Co., the leveraged buyout giant that has been a longtime, successful and sometimes controversial manager of Oregon pension money since the state's first such KKR investment in 1981."
Source: Oregon Live
KKR is also the firm that has repeatedly taken companies private and laid off thousands of workers. Read more about KKR.
I'd like to know if Oregon citizens believe this is a safe and prudent way to invest their public money.
Source: Oregon Live
KKR is also the firm that has repeatedly taken companies private and laid off thousands of workers. Read more about KKR.
I'd like to know if Oregon citizens believe this is a safe and prudent way to invest their public money.
Wednesday, January 26, 2011
Did you know: 42% of U.S. workers get no sick days
42% of the workers in the U.S. private sector are unable to take a paid day off when they're ill.
That's 44 million workers without that benefit include. (Only 4.2 million of these have not been on the job long enough to be eligible for paid sick days.)
Source: Institute for Women's Policy Research
That's 44 million workers without that benefit include. (Only 4.2 million of these have not been on the job long enough to be eligible for paid sick days.)
Source: Institute for Women's Policy Research
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