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August 12, 2010
Overnight Open ThreadHappy Thursday all. Let's Call It The Private Sector Recession Because it sure as hell isn't affecting the public sector. ![]() Over the last 30 months of the current recession private sector employment has declined by at least 7% but public sector employment is unchanged or possibly even grew. There used to be an understanding that working for the government meant that the pay wouldn't be as good but in return there were solid benefits and job security. But now public employees make substantially more on average than the private sector, have amazingly generous benefits, and are essentially immune to any economic effects. Not only is this generally unfair but it's also unsustainable. States couldn't quite afford their public employee salaries and retirement benefits even before the recession and now many are effectively bankrupt. So something is going to have to give. Otherwise we're turning into a country of the protected class and everyone else. "'I can't handle a Jaguar right now.' He said that many times. 'All I want is a Chevrolet.'" ![]() Just One Out of 16 Hybrids Pays Back In Gas Savings The extra money you spend on a hybrid isn't returned in gas savings, say critics.Bullshit. Nearly all of the arguments in favor of hybrids focused on the cost savings. Without that you'll never get more than a handful people to buy them on the green merits. This is why I've long argued that when you factor in total cost of ownership, diesels are the better choice. But the government has decided that the GM Volt is the future. ![]() British Man is the First man to Walk the Entire Length of the Amazon ![]() The world of blob launching videos Perseids Meteor Shower Thursday Night ![]() The Greatest Paper EVAH!!! “This paper made my former wife come back to me!!!” Your experiences may vary. ![]() WTF: 8-Year-Olds Now Getting Bikini Waxes And Wanda Stawczyk, who runs Wanda’s European Skin Care in New York, told The New York Post that she thinks “in 10 years, waxing children will be like taking them to the dentist or putting braces on their teeth.”Meteors please. ![]() Speaking of bikinis here's what they and beaches looked like 100 years ago. ![]() Such decadence. Yahoo group. That is all. Tonight's post brought to you by Elizabeth: ![]() Notice: Posted by permission of AceCorp LLC. Please e-mail overnight open thread tips to maetenloch at gmail. Otherwise send tips to Ace. | Recent Comments
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