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Obama´s Minimum Wage
Hike Is Caracas-Style Economics

Investor´s Business Daily, by Editorial

Original Article

Posted By:PageTurner, 5/3/2014 11:19:29 AM

Politics: President Obama has vowed to "punish" the GOP at the ballot box for thwarting his proposed 39% minimum-wage hike in Congress this week. All he´s really doing is plugging Venezuela´s banana-republic economics. Lashing out against Republicans who filibustered a Senate bid to jack up the minimum wage to $10.10 on Wednesday, the president vowed to make it an election issue come November. "If there´s any good news here, it´s Republicans in Congress don´t get the last word on this issue," he declared. "You do. The American people. The voters." And it´s true — polls show that about two thirds of Americans do

Comments:
Obama obediently follows the Chavez Model.

      


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Reply 1 - Posted by: lil dotty, 5/3/2014 12:13:03 PM     (No. 9835067)

IIRC, the min wage was just increased by 30 percent in Chevez country. Mulatto son has certainly a way to go in order to catch up.



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Posted By: PageTurner- 7/8/2014 8:12:26 PM     Post Reply
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Posted By: PageTurner- 7/8/2014 3:28:38 PM     Post Reply
Parliamentarians from across the aisle submitted a draft constitutional reform on Thursday, requesting that the length of presidential terms be extended to six years, arguing that the current term — four years without the possibility of re-election — is not long enough to deliver a major presidential program. Should the reform ultimately succeed, it would represent the fifth time in Chile’s history that a constitutional reform has altered the length of a presidential term. “A period of four years is not enough to manage and develop large projects,” Socialist Party (PS) Dep. Christian Urízar said, according to La Nación. “The current system

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Posted By: PageTurner- 7/8/2014 3:13:57 PM     Post Reply
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Posted By: PageTurner- 7/8/2014 3:04:45 PM     Post Reply
Chile´s support for Britain during the Falklands War has been revealed for the first time by the man who was dispatched, with only hours notice, to secure a South American ally, according to an article in the Daily Telegraph credited to Harriet Alexander. Sidney Edwards, now aged 80, was then a 47-year-old official in the RAF. In conditions of upmost secrecy, he was to play a key role in the conflict, awarded an OBE for his efforts – and believes that Chile´s support was vital to the British victory. Then Prime Minister Margaret Thatcher was reportedly so reliant on his intelligence

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Posted By: PageTurner- 7/8/2014 2:59:10 PM     Post Reply
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Posted By: PageTurner- 7/7/2014 6:19:31 PM     Post Reply
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Posted By: PageTurner- 7/7/2014 6:15:41 PM     Post Reply
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Posted By: PageTurner- 7/7/2014 1:48:02 PM     Post Reply
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Posted By: PageTurner- 7/4/2014 6:42:17 AM     Post Reply
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