Mish's Global Economic Trend Analysis

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Pro-Union Activist Threatens the Michigan Governor: 'We'll Be at Your Daughter's Soccer Game' Posted: 15 Dec 2012 03:48 PM PST Courtesy of the Weekly Standard, please check out the following union thuggery: Pro-Union Activist Threatens the Michigan Governor: 'We'll Be at Your Daughter's Soccer Game' A speaker at a protest against Michigan's right-to-work legislation said that Republican governor Rick Snyder will "get no rest" from pro-union activists if Snyder signs the bill into law. "Just know one thing, Rick Snyder: You sign that bill, you won't get no rest," said Rev. Charles Williams II at the Tuesday rally in Lansing, according to Michigan Capitol Confidential. "We'll meet you on Geddes Road. We'll be at your daughter's soccer game. We'll visit you at your church. We'll be at your office." Following the threats by the Reverend Charles William II to the governor's daughter, state representatives Rick Hammmel and Tim Greimel pandered to the crowd, complaining about union "rights" to being taken away. Greimnel called the bill the most "anti-middle-class agenda" the state has ever seen. Really? I propose this bill was one of the most favorable bills in support of the middle-class that Michigan has ever seen. The truth of the matter is Collective Bargaining neither a Privilege nor a Right. Five Ways Collective Bargaining Tramples Various Unalienable Rights Collective bargaining agreements take away the right of individuals to pursue a career of their dreams void of union affiliation Collective bargaining agreements force individuals into organizations against the free will of those members Collective bargaining agreements force union dues out of members who do not even want to belong Collective bargaining agreements dictate what members can and cannot do with their free time. Collective bargaining agreements even dictate what non-members can and cannot do with their free time! Union activists have things ass-backwards. Michigan has suffered mightily because of it. Detroit was destroyed by unions. Jobs fled the state. If that's not anti-middle-class, what is? I commend the legislature for passing this pro-middle-class legislation that will reduce costs to cities throughout the state, putting more money into taxpayer pockets at the same time. Public unions only exit via coercion, threats, and vote buying such as that displayed by Rev. Charles Williams II. Public unions serve no purpose and even FDR agrees. For details, please see Public Union Protesters More Like Greek Extortionists than Egyptian Freedom Fighters; Unions Under Fire in Wisconsin, Ohio, Tennessee; Student Idiocy Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

EU Car Sales Drop 14th Consecutive Month; Car Sales Plunge 20.1% in Italy, 20.3% in Spain, 19.2% in France, 3.5% in Germany, Rise in UK Posted: 15 Dec 2012 08:58 AM PST Car sales are up in the UK, but down 10% on average in the EU. Overall sales, including the UK, are down for the 14th consecutive month. From Google Translate Car sales plunge another 10% in Europe and UK only grows. In the markets of the European Union, in November, with the same computation of working days in November 2011, highlights the sharp rise of 11.3% for the UK, while other high-volume markets have reduced their records: 3.5% in Germany, 19.2% in France, 20.1% in Italy, and 20.3% in Spain. From January to November, the scenario is similar, with the UK as the only major market expansion (+5.4%) and Germany (-1.7%), Spain (-12.6%), France (-13.8%) and Italy (-19.7%) in contraction. The used passenger car market declined 5.6% These are dismal numbers with pronounced deterioration in Spain, France, and Germany. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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