[Dyna]  Minnesota's largest private employer is no longer Northwest or
3M or Honeywell, it's WalMart.

[Vicky] Actually, the largest PRIVATE employer in Minnesota is Target.
Of course Minneapolis taxpayers are paying a hefty price for those low
wage jobs.

Over the past twenty years in Minnesota, LOCAL government employment
has INCREASED 45.1% while the population only increased 21.5%.  These
are statewide figures - It would be very interesting to compare
Minneapolis City payroll costs in 1982 vs. 2002, a twenty year period
of DECLINING population.

[Dyna] Some of my neighbors have committed to 30 year mortgages on
homes they have been chased from by crime. As the value of  their
unliveable Minneapolis homes crashes they're struggling to pay off
that mortgage, take a huge loss, or default and have their credit
ruined for life.

[Vicky]  Housing values are determined by a handful of desperate
sellers (same for stock prices.)  Once the selling begins......watch
out below.

Using Warren Buffett's words "We live in Squanderville."  Minneapolis
(and many of its residents) has mortgaged its future to get what it
wants now.  Carol Becker claims that Minneapolis has a "balanced
budget."  Very deceptive language.  The budget was "balanced" by
borrowing over a Billion dollars.  Those who live in Squanderville
don't care who pays the tab -- as long as they get what they want.  I
find this attitude selfish and irresponsible.

[Dyna]  So the folks who still can are still fleeing Minneapolis, and
the folks in the castle with the cookoo clock still don't understand
why.

[Vicky]  They will figure it out eventually.....I hope it's not too
late.

Vicky Heller
North Oaks

Footnote:  The LARGEST employer in MN is STATE GOVERNMENT.  The second
largest employer in MN is the FEDERAL GOVERNMENT.  Target comes in as
#3 followed by the UNIVERSITY OF MINNESOTA in 4th place.  Public
employees make 20% more than private sector equivalents PLUS much
better benefits PLUS lots more time off!!!!!  Source:  "A pretty good
deal" at www.taxpayersleague.org.





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