watertown1978

Well I 2 lost my second job due to lay offs this year. I will be in a good light though when the dust settles because I always budgeted for if I did lose my job I could still pay my bills for about 6 months or so without losing anything.... To be honest I am actually not feeling bad for people that are in a mess. The one thing you never do is over extend which is exactly what people did. Now the jobs are going away, and they have no means of supporting themselves or bei

[quote who="pictoratus" reply="7" id="1950585"]An interesting ancillary point. Given that Obama has made it apparent he will let the tax cuts enacted by Congress expire; thereby increasing taxes for everyone (well I suppose those not paying taxes won't see an increase), can one assume he will simultaneously or perhaps pre-emptively lower tax rates on all but the 'rich' to not only offset the increased tax burden as a result of expired cuts but to also lower those rates even further

[quote who="Daiwa" reply="4" id="1950410"] Old hat thinking; the rich had its chance to do some good with its wealth and failed to focus on the real economy in lieu of phony derivatives. A non-sequitor. He's still right - taxing the rich is not going to foster job growth (except in the government sector).[/quote] Yep and how much do we really trust politicans to actually spend the money wisely? I cant think of to many times its happend. All its going to

[quote quoting="post"] Granted the economy is tanking, but that is no reason for Obama to back down on increasing the tax rate on those above 250k income. Nevertheless, to avoid further roiling the market, he should do it in increments of 1% until Bush's increase expires in 2010. It would be ridiculous for a new president to allow himself to be intimidated by Wall Street's thugs and economic pundits. The wealthy need to invest regardless of the rate. And as for capital gains,

[quote who="stevendedalus" reply="16" id="1949548"]How short are memories--where would most wage earners, union or otherwise, be without the constant pressure of unions in the shadows and its downstage positivism of yesteryear.[/quote] Unions started like just about everything with good purpose. What happens is greed starts to take over and the "then was a great thing" turns into a machine. There are many instances in history that will state thing. </

ghggywg

[quote who="grokTheSystem" reply="4" id="1948537"] "a czar or board to oversee the companies"—call it Gosplan—which will supervise "a restructuring of the auto industry." That's exactly what Detroit needs to recover: the benefit of government central planning. I've been thinking about this - while long term central planning has historically been a recipe for disaster, how do you deal with a situation where badly managed companies need(?) to be bailed out part

[quote who="kryo" reply="8" id="1946393"]It's a point that bears restating, as it seems watertown's comment flew right past some others here: Honda, Toyota, etc., have plants right here in the US which build many of the cars they sell here. So to say that those companies can afford to spend 30% less on labor because of government "help" is flatly wrong; their circumstances are the same as those in question.[/quote] Yep most all cars bought in the US are made in the US.

[quote who="pictoratus" reply="4" id="1948209"]I believe it is more of an indictment of the Media and its failure to inform the voters. As for Obama voters, I would guess a large portion of them were voting for 'more stuff for me' so being intelligently informed of the issues didn't come into play, particularly when they weren't getting anything substantial from the media.[/quote] Sadly you are right on with this. I n fact went around with t

[quote who="CharlesCS" reply="2" id="1947819"]I guess this proves my "ignorant vote" theory where Obama won, not because he was the better candidate, but because of ignorance by the average American.[/quote] Well duh....Un informed and not in touch... only to what the media feeds you

I agree with most you say cept for a few points. I have no issues helping people that NEED help. There are alot of people that decide not to be productive as long there are handouts.... There are people that need the handouts and there need it long term. The issue lays in the people that can do something that dont. Ive said it before that Im one of the guys that believes you do what you can to stay working. I have gotten what is now my secon

WHOOT. Man this is getting good. Heres to that change you OB people wanted... just the same ol BS! For the beating ive gotten even as far as being called a racist for not supporting him... ahh this is more icing on the cake for me

as of 07 i think all US automakers workers cost about 140k a year per worker with the pay/benifits and all that jazz. Where as the Japansese US autoworkers cost about 94K per worker a year...and then we wonder WHY the cars cost so much from Checy ect ect and the Jap cars are cheaper...even when its the US workers making the cars. Boy you mean a politican actually sees the light...hell just froze. To bad alot of have been saying this for awhile now....

[quote who="KarmaGirl" reply="12" id="1942352"] So yeah Companies most times dont have that option to stand up to the unions unless they are ready for the reprocusions of such things and those things are usually not a good name for your company.... even if what is said is not totally factual We had that happen not that long ago with the Detroit News and Free Press. They ended up with all non-Union workers in the end. To this day, there are still people boycotting the pap

[quote who="lulapilgrim" reply="17" id="1942216"] Both the unions and the auto companies should have put more money into fixing their businesses rather than buying politicians. Shoulda, woulda, coulda.....and the dog just keeps chasing its tail at taxpayers expense. [/quote] and most are to stupid to learn that it will be a failed cause if no changes are made....

[quote who="EL-DUDERINO" reply="23" id="1941928"] Unemployment insurance a hand out? Skilled employees have no choice is what you're saying--they should take the first minimum wage available. You want to put us right back in the position of millions during the Depression. UI is intended to bridge the gap between jobs. It isn't intended as a long term solution. Like I said earlier this is a "hand up" as long as the person receiving UI is activly seeking another job as wa

[quote who="Dr Guy" reply="9" id="1942104"] most of these workers would get their jobs back, albeit possibly not the same money they got paid previously. That is really the key. We already have a bailout program for the big 3. It is called Chapter 11. But when a company files Chapter 11, all its contracts become null and void and have to be renogiated. This is not a bail out of the Big 3, but of the UAW. They cringe at the thought of losing their contr

[quote who="KarmaGirl" reply="7" id="1942046"] Maybe that should be the first lesson learned upon reorganization - spread out. Well, I'm not sure that works out well. Michigan is pretty self sufficient with metal if it needs to be. There is still an awful lot of iron ore that travels up and down the great lakes to supply iron works. That's how the big three took root here, after-all No it's not all the Unions fault, as I just pointed out, but the

[quote who="Daiwa" reply="1" id="1941516"]It was an accident of Great Lakes anatomy that all three ended up in Detroit, but concentrating such a big industry in one location has always left Michigan in a bind. Granholm & her predecessors have done little if anything to diversify & lessen their dependence on the big 3, except for a few come-hither commercials. The sad and hard truth is that we cannot continue to reward failure. They should be allowed to go Chapte

[quote who="Daiwa" reply="7" id="1939280"]Looks like the Wal-Mart bubble is the next one. It's a good time to own a little of it. If anything is going to save our butts, it's Wal-Mart.[/quote] the funny thing is all the hate there is when a new walmart store is opening....all the protest.... and the Gov trying to hurt them... look at who is standing high on the mountain and doing well when most companies are taking a poo...yep the evil walmart

I hope he stand and comes up with a good use of the money. I just wished that they would have said a big F U to the bonuses to those guys too

[quote quoting="post"] Joeuser has had a lot of people posting very unkind (and that is being kind) things about Sarah Palin. It seems that every time they come up with something to bolster their hate (bias) of her, someone else has to come up with the truth. MOre often than not the perpetrator will not believe it, and deny it (they still deny that Joe the Plumber is named Joe and is a Plumber). Adding to the long list of "I hate her so I will believe anythi

Im a perfect example. I lost my job due to the flooding here and was laied off. What did I do? after i got the permanate lay off notice i was on the phone and withen a week or 2 I was working full time. Granted it was not a proud job, but it got me off the UI that i was to get...to be honest i am thankful that i have not used more than 3 weeks of UI because I am still a temp, and I may get layed off yet again, so Ill have it now that there are litterally no jobs in my area.

[quote who="Nitro Cruiser" reply="4" id="1937819"]Doc I think your wasting your breath on the youth. They think US rights apply to the world and just don't realize how fortunate they really are (and how easily it can be taken away).[/quote] I say people that dont cherish the rights we have all should go live in china.... then they get to see first hand how lucky they were here

[quote who="CariElf" reply="23" id="1937794"]I thought that the Japanese government subsidizes the auto industry, and that's why they can make less expensive cars? As a native Michigander, I'm worried about what the ripple effects will be if any of the Big 3 have to shut down, but I don't think that propping them up is going to help for long.[/quote] I think they might have I forgot the link to the story but it was recently where i read that the Japs bailed o