Political ThreadsThis section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:
You ain't kiddin' Striperman....this is getting pretty bad and its about to get worse!!! Where will this end and when will we see that 70 BILLION DOLLARS again???? If ever!!
Oops, I already get the Friends and Family.
Just got a new mule on the horse farm.
38 pct off of invoice, 0 pct for 6 years, fully loaded Suburban.
25K cost.
The pensions are federally guaranteed - but the pensioners will only get about a third of what they would have gotten.
GM directly employs about 250,000 people. It used to be 1 out of 6 jobs was tied to the auto industry nationwide - but not so anymore. I think CNN's numbers are alarmist - I don't think 1 out of 10 people will lose their jobs nationwide as a result of the auto industry collaspe, but I think it would certainly be several million to ten million. As bad as the 260,000 job losses we had last month - it would be much, much worse. Major reverberations across the economy. Million plus job loss figures month after month won't go over to well on Wall St.
Interesting that the collaspe of GM only got about 2 1/2 minutes on the national news - imagine how big a story that would have been even a couple of years ago?
Just so folks know....even if they get the bailout you can bet your bottom dollar they will be cutting jobs in their restructuring process......but the fat cats at the top will still be getting all theirs!
1/3 of what the had signed up for, nice. Because they turned them over to be paid by you and me. Just like , UAL, PanAm,and PennCentral.
How much will American Axle emps get?
So we guarenteed the railroad pensions and they were exempt from paying social security? Am I wrong here?
He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself.
Thomas Paine
Jeez ,i still haven't read what the criteria is as to what institutions will get it, why, how much, and what they must be do with it.
Anybody know?
==============================
there's to much bait and switch going on....these days...
a law gets passed then it gets transformed again
( California gay marriage is a perfect example )
everything seems to have flip flop built right into it
all of W's work is going to be reversed by Obama
which is probably a great idea, but it's difficult to make progress
if there's no consistency in anything.
The kicker is that when all these homeless unemployed folks stop making credit card payments. Unsecured debt beyond gozillions. Won't be any bail out for that sinking ship.
He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself.
Thomas Paine
Hybrid Mode
