plans there to block medicaid and voucherize medicare. that s the only part that got talked about, nobody talked about the monetary policy, all the other things and that was really what was driving greece and becoming a deep competitive economy, that was trapped in a dysfunctional political situation. here too michael bloomberg has been effective. he s argued before, something of a luxury good. but that s kind of a harder conversation, so you get this kind of very boiled down version of detroit, which is simply like a largely wrong story that s meant to back up a very, very narrow, in this case political agenda. i think that s right, i note in the mayor s remarks today, there were two things he said were important for the next mayor. one was to make sure the next employee contracts that get signed control pension health care costs, the other thing was what you re saying. the need to diversify the city s economy. he has worked on that, it s been challenging in new york. the city has
and voucherize medicare. that s the only part that got talked about, nobody talked about the monetary policy, all the other things and that was really what was driving greece and becoming a deep competitive economy, that was trapped in a dysfunctional political situation. here too michael bloomberg has been effective. he s argued before, something of a luxury good. but that s kind of a harder conversation, so you get this kind of very boiled down version of detroit, which is simply like a largely wrong story that s meant to back up a very, very narrow, in this case political agenda. i think that s right, i note in the mayor s remarks today, there were two things he said were important for the next mayor. one was to make sure the next employee contracts that get signed control pension health care costs, the other thing was what you re saying. the need to diversify the city s economy. he has worked on that, it s been
martha: what do you think? that s a fascinating point. is it that they feel that their existence is more threatened now? i don t think so at all. it s really that they feel empowered by an nlrb that is failed in supporting them, a presidential administration that supports labor at every single time, and it s a politically charged atmosphere. if they think they can gain a political advantage by demonizing a law that really parallels what we ve done in new york tile and again, democrats and republicans together, then they re going to try and do it. but the fact of the matter is, cities like detroit are broke, for all the tremendous effort that mare pweufplt ing is trying to make it turn around, unless they can get out from under the massive employee contracts, the city is not going to work and to do that, you have to have a board with the power to aggregate those contracts. it s been done successfully for decades. martha: but i can t help but feel that it s more in the forefront of the
heather: what a day there. the woman who was killed was from great britain. prime minister benjamin netanyahu says israel will act responsibly. bill: they put up that wall to separate israel proper from the west bank and for the most part the wall has worked. in the meantime defense secretary robert gates is in israel. this in response to the terror attack. two strikes targeting the city of gaza. no deaths reported. israel believes militants were responsible for the attack. heather: employee contracts looms large for many states facing financial trouble. take a look at this map. it shows states with pension cost problems.
kids don t have to deal with these crisis. we re here because we are elected to make tough decisions. i was elected and i interviewed for this job over the last two years and told the voters what i would do to get the people working against. we made bold changes in turning the business climate around to make it easier for private sector employers to put people to work to ease up regulation and cost of healthcare. now, the next the question for us is to balance our budget and do it in the way that is prudent for the future not only for state but ultimately local governments can have those same tools. that really what we re had he heart of today. i want to clarify, i have heard from several days in some union leaders at the state level the same unions that tried to cram through a series of employee contracts in december, after the election, before i was sworn