Yesterday, the Dow Jones jumped 2.37 percent and two media reports I heard late in the day specifically mentioned “expectations” about Federal Reserve Chairman Ben Bernanke’s testimony scheduled today … not the Gov. Scott Walker (R-Wisc.) [big] win the day before.
Republican Governor Scott Walker of Wisconsin was able to obtain the passage of new laws dealing with public sector unions in Wisconsin. Their employees now actually have to shoulder the burden of paying something close to the value of their health insurance coverage and their future pension costs. But, there was another interesting provision of the Wisconsin law… Read more