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[roguedolphin]

From "federal reserves"....
http://www.investorshub.com/boards/read_msg.asp?message_id=19927898



Posted by: federal reserves
In reply to: None
Date:5/24/2007 2:10:18 PM
Post #of 549045

Michigan Depression continues;Thousands on the chopping block

Workers Upset Over Possible State Layoffs

May 23, 2007 01:23 PM PDT
State unions strike back after learning that Michigan may cut jobs. It is the first step toward a possible government shutdown. Layoff notices went out, warning that state employees may be laid off. Michigan's still facing an 800-million dollar deficit this year. The letter in the hands of all state unions warns that layoffs could come as early as June 22nd, leaving thousands of state workers off the job. At the MSEA, a union representing 5,000 state employees, officials are worried about families.

Roberto Mosqueda, MSEA President: "We just can't afford to have 4 weeks off or 20 days off as they say they're going to do. We have a lot of families that depend on their paychecks.

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When do the riots start? This summer? The unemployment rate in Detroit is 15%.