[PRCo] The economic news.....

[Schneider Fred]

I cannot help but notice that the economists are not openly saying  
what I was preaching several months ago ... that it was going to get  
a whole lot worse.

These three items from a German on-line news source are interesting.

I love this first one about a swindler who was kidnapped in Germany,  
tied up, taken back to France and abandoned by the side of the road  
for the police to find.

http://www.thelocal.de/national/20090301-17723.html

The second one could be designed to stir up universal hatred  
anywhere.   Government employees get big wage increase while 16,500  
Volkswagen workers get screwed.    I wonder if VW put that new  
Chattanooga, Tennessee plant on hold????   The most recent stuff I  
can find in the Chattanooga papers say they still plan on moving ahead.

http://www.thelocal.de/national/20090301-17733.html

http://www.timesfreepress.com/news/2009/jan/13/chattanooga-vw-says- 
commitment-city-absolute/

http://www.timesfreepress.com/news/2009/jan/05/vw-taps-chattanooga- 
law-firm-lobbyist/

The word Geldautomat is the German equivalent for our money access  
machines in front of the bank or the convenience store.  Political  
cartoons are universal.   Obviously a pun saying that General Motors  
needs one.   This was just a day or two before the announcement that  
GM would spin off its German / British subsidiary.

http://www.thelocal.de/money/20090223-17621.html

And now the rest of the news ....

Paul Harvey, radio newscaster,  (1918-2009) died  Saturday in Arizona.