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Comments on: Circling the drain. http://harvestofdailylife.com/circling-the-drain/ A southern Illinois family farm- sowing the seed of tomorrow, savoring the fruits of yesterday Tue, 09 Dec 2008 05:07:45 +0000 hourly 1 By: Human Hair Extensions http://harvestofdailylife.com/circling-the-drain/#comment-2607 Tue, 09 Dec 2008 05:07:45 +0000 http://www.harvestofdailylife.com/?p=1768#comment-2607 Perhaps you are sad! We agree that in turmoil situations of economy we should be cautious and plan our life which we can do at our best. Hope such situations will end soon and you will have fearless life.

Human Hair Extensionss last blog post..24" Long Clip In Hair Extensions Full Head Set, Deluxe Set ,Highlights Set,wigs, quality curly, straight hair pieces,clip in, clip on

]]> By: Becky http://harvestofdailylife.com/circling-the-drain/#comment-2606 Mon, 08 Dec 2008 21:43:07 +0000 http://www.harvestofdailylife.com/?p=1768#comment-2606 I don’t think a bailout is appropriate for every corporation that is going under. What I would like to see is an accounting firm going in and doing a thorough audit of the books. Just how big are the bonuses the executives are getting? What kind of “luxuries” are being written off? That being said, my husband is an electrical designer, and he works for a company that makes after market and OE parts for GM vehicles. If he loses his job, we are screwed.

Beckys last blog post..9 Layers of Lovely Goodness

]]> By: Donna B. http://harvestofdailylife.com/circling-the-drain/#comment-2605 Mon, 08 Dec 2008 18:05:25 +0000 http://www.harvestofdailylife.com/?p=1768#comment-2605 N — having owned stock in Ford until about a year ago, I have to disagree. The Big Three have been in financial trouble for years. If I thought they wouldn’t be back in 6 months asking for billions more, I’d be much more in favor of the bailout.

However, the only guarantee that they won’t be back is for them to go bankrupt now. I really do think that is their only hope to restructure and become sound businesses again.

Ree — I agree that the credit freeze put the auto makers over the edge, but they got to the edge by themselves.

Donna B.s last blog post..Pearl Harbor

]]> By: Talina http://harvestofdailylife.com/circling-the-drain/#comment-2604 Mon, 08 Dec 2008 17:21:40 +0000 http://www.harvestofdailylife.com/?p=1768#comment-2604 N » and that they are going to spend wisely with that money. Huge CEO salaries that are 100’s of times larger than the average workers salary are just insane especially if you are begging for money. Those jets and the cushy perks for being a leader of the company need to be the first things cut when ANY company gets in to trouble. I don’t want my tax money going towords that at all!

]]> By: N http://harvestofdailylife.com/circling-the-drain/#comment-2603 Mon, 08 Dec 2008 17:16:44 +0000 http://www.harvestofdailylife.com/?p=1768#comment-2603 I’ve learned more about the auto industry in the past two weeks than I probably have in my whole life! I didn’t realize that furloughed UAW workers get 4 years of pay for not doing a darn thing. How do you get laid off and then get paid for the next 4 years? That’s just not a realistic expectation and I feel sorry for the damn corporations that are having to deal with that. I can understand 6 months or maybe a year worth of pay but not any more than that. The Toyota plant in southern Indiana has temporarily halted production on some of its models. The employees are still getting paid but their out in the community working, doing community service activities to continue receiving those benefits.

While I hate the idea of another bailout I also hate the idea of how far spreading the impact would be if the “Big 3” are allowed to fail. Think about all the little auto parts suppliers that would go under. If the government does help, I think there needs to be some stern limits set and some motivation for these companies to get more fuel efficient. I also want some guarantees that these people aren’t going to be back in 6 months asking for billions more in federal funds.

Nathans last blog post..Non-Material Gifts

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