Category Archives: Current Events
How large should the concessions be from UAW to help the automakers receive bridge loans?
Congress wants concessions from the auto industry before providing any bridge loans. Being discussed are auto industry executive compensation package concessions, UAW executives and administration concessions, UAW (Union) wage, pension and health care concessions, retooling to produce green vehicles (would … Continue reading
How about extending the terms of soon-to-default mortgages to 50+ years?
Just to make the homes affordable to those “naive” home-owners, instead of subsidizing them with free money from taxpayers? Fed won’t have to lower the rates to funny level. Banks get the interests of the loan paid. Savings also earn … Continue reading
Posted in Current Events2 Comments
How do you feel in paying back the debt that Prime Minister Mr Rudd has given us Australians?
The debt will be well over $200 billion for us tax payers. Do you think it is/was worth while? Mr Rudd stated the debt will be temporary. How temporary do you think it will be? The Collins dictionary states that … Continue reading
Posted in Current EventsTagged Australians, Collins Dictionary, Prime Minister, Rudd, Tax Payers2 Comments