Anarchy in Europe - Are we next?

Brief Opinion:

The Riots that are escalating in Europe will be coming to our shores soon. The "Bubble" wasn't just in Real Estate or Stocks, it is in the costs and wages of everything and everyone touched by government regulation and/or artificial support. Education and Health care come to mind. The government can not sustain the "Bubble" that they have created, and free markets must have their revenge.

The fallout from tightening, austerity, rising tuition, etc. will take it's toll. The best way to address this and avoid a cataclysm, is with carefully planned, but aggressive cuts in Federal, State and Local government spending, particularly in wages, benefits and even a pullback in pensions. All of these are clearly out of sync now with the private sector and must come down.

It is a simple fact that if Teachers, Professors and other unions would take moderate pay cuts, commensurate with the private sector, that Tuition fees would NOT RISE!

Wake Up ! California and the rest of the United States. There is a Bubble and it will burst.

  

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