Protection from our government and their bad decisions? How do we get that? Who's gonna bail out Average American Joe when his taxes are so high that he can afford anything else?
Let them fall. Ford doesn't need bail out money. That's the only car I'd own. Our bank is locally owned and solvent. It's time the folks who created this mess pay their just dues.
This is (and will be) a CLASSIC EXAMPLE of the unintended consequences of a policy of "do something ANYTHING - even if it's wrong."
This is what happens when we suffer under the mistaken idea that we MUST do something without slowing down to consider the consequences.
There'll be MUCH MORE of the same... ditto for the automakers.
If I were invested in a company making such bad choices, I'd be selling the stock... as a taxpayer, I don't have that choice; I'm being FORCED to make these "investments"
I read that BS on Yahoo news.........the disappointment in it all, started scalding my throat like I was about to puke..I had to quit reading before I did puke........../
Auto suppliers report 54% of workers on layoff or reduced hours By Rick Barrett of the Journal Sentinel Dec. 22, 2008 11:06 a.m. | Fifty-four percent of manufacturers that produce parts for automakers and a wide range equipment companies have employees either on layoff or working reduced hours this month, according to a business conditions survey from the Precision Metalforming Association, an Ohio-based trade group with Wisconsin membership.
That's up from 42% in November and 18% a year ago.
"Business conditions for many metal-forming companies are extraordinarily challenging," William Gaskin, PMA president, said in a statement.
"Suppliers to the automotive industry have been hit especially hard by production declines due to poor car sales in the fourth quarter, and the outlook for the first quarter of 2009 is only marginally improved," he added.
There are times I miss Topeka, KS. 5 minute segment a week of so on the TODAY show about Capital Federal Savings and Loan and Mr. Henry Bubb.
They are stronger and ever and, bucking the trend, have always held steadfastly to rigid loan application requirements and have been professionally run. That's what made them the first "small" bank with over $1B in assets and makes them strong today.
It has always been that way and always will...as soon as there is trouble management at any level is ready to cut the fat where the money is made, the blue collar worker...i can remember when it was 1 white collar for every 1 blue collar...i'm sure some of you can remember when there were more blue collor than white collar workers...now it is 3 white collar to 1 blue collar. Really where is the fat...it seems to me that every manager needs 5 people to do their job for them and so on...It is unfair for just the work force who actually makes the product and the money for the company to be the ones to take a pay cuts. IMO
There is a plastics industry in this area where the management had a meeting with their union employees asking them to take pay cuts and benefit cuts (I saw this happen first hand to me and my fellow employees when i worked for York International in Pennsylvania)...when the work force asked if management would take the cuts with them, management told right to their face no we will not...Freaking corporate greed is what it all boils down to...rich get richer and middle class falls closer to being in the poor house!!!
Do you think it will ever get bad enough that the general population will say"enough is enough"....and get motivated to do something about it all ........or just keep being spoon fed the BS?
Rioting—the unbeatable high Adrenalin shoots your nerves to the sky Everyone knows this town is gonna blow And it's all gonna blow right now….
Now you can smash all the windows that you want All you really need are some friends and a rock Throwing a brick never felt so damn good Smash more glass Scream with a laugh And wallow with the crowds Watch them kicking peoples' ass
But you get to the place Where the real slavedrivers live It's walled off by the riot squad Aiming guns right at your head So you turn right around And play right into their hands And set your own neighbourhood Burning to the ground instead
Chorus Riot—the unbeatable high Riot—shoots your nerves to the sky Riot—playing into their hands Tomorrow you're homeless Tonight it's a blast
Get your kicks in quick They're callin' the national guard Now could be your only chance To torch a police car
Climb the roof, kick the siren in And jump and yelp for joy Quickly—dive back in the crowd Slip away, now don't get caught
Let's loot the spiffy hi-fi store Grab as much as you can hold Pray your full arms don't fall off Here comes the owner with a gun
Chorus
The barricades spring up from nowhere Cops in helmets line the lines Shotguns prod into your bellies The trigger fingers want an excuse Now
The raging mob has lost its nerve There's more of us but who goes first No one dares to cross the line The cops know that they've won
It's all over but not quite The pigs have just begun to fight They club your heads, kick your teeth Police can riot all that they please
Chorus
Tomorrow you're homeless Tonight it's a blast
(Message edited by wolfridgerider on December 22, 2008)
My cousin Ron has worked for Chrysler for over 35 years, in the Newark Assembly Plant in Delaware. They closed the plant and laid of most of the workers.
There were 30 vehicles on the assembly line that were not finished when the last shift had left. Now that Chrysler has decided to close the plant permanently, they called some line foreman to come to the plant and finish the 30 vehicles.
My cousin and the other men showed up at the plant, they were met by management and were told that they were sorry but they did not have the funds to pay the men for the days work and they were to go home.
My cousin is 58 years old and has no skills other than working in the paint shop as foreman for over 30 years..
The future is dim for so many of these workers, they might have been paid well by many standards but will most certainly have a very difficult time finding gainful employment, lets see if their blessed union will do anything now that the dues will not be paid...