Friday, December 5, 2008

Is Economic Growth the Answer?

Is Economic Growth the Answer?
Blogged with the Flock Browser

Wednesday, December 3, 2008

Tuesday, December 2, 2008

Has any one considered this idea:

The only bailout the big 3 automakers should get is paying for the employees at the company. Pay for the salary and wages of all employees until the company restructures. I believe that allowing a blank check or a unmitigated bailout like the $700 billion (CRAP) TARP will leave devoted employees out on their behinds. The downsizing and the removal of the unions is the top priority of GM, Ford, and Chrysler despite their poor plight of "saving the worker". We should never be fool!

Congress should pass a employee protection bill where the employees are cared for until the company restructures and pull it's resources Or is that too Euro-centric? Then at least the loan from the government would not be so big for the concerned companies and the Americans will not be responsible or guilty of allowing several million employees to be laid of because of 3 stubborn corporate boards would rather run into a problem broadside that try to lead themselves out of a conundrum of tantamount stupidity.

Or, we could use Ashton Kutchner idea, let the oil companies bailout the losers.