About Looks like Bailouts are the "in" thing Page 7
|December 16th, 2008||#61|
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Basically it is like this..
Everyone that is qualified will get a check in the mail to offset the tax for basic necessities (Family of 4 is about $537 for 2008).
Everything that you earn, you keep.
You only pay tax on new goods and services.
The revenue neutral tax rate is 23%.
I will never consider illegal immigration a problem if the fairtax is ever passed. The illegals will be here and paying the tax, but will not be recieving the prebate. The prebate covers tax on basic food. If you want a new car, you pay the tax. If you want a used car you dont pay the tax. Same with houses. Consumers can be selective about their purchases.
Gunner. Sabot. Sniper. Is not an appropriate use of ammunition.
|December 16th, 2008||#62|
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I'm the bleeding heart liberal your mother warned you about.
|December 17th, 2008||#63|
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|February 16th, 2009||#64|
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CNN is reporting that GM will tell the government tomorrow that GM only has 2 options for continuing as a business: give GM more money or restructure under bankruptcy.
I TOLD YOU SO!!!!!
Throwing billions at the auto industry did nothing for them but allow a failing business to continue. CNN also reported that the UAW walked out on GM over talks of new contracts. GM is about to fail and UAW wants too much.
Let GM go into bankruptcy. This will allow GM to restructure and break UAW contracts.
No more money to businesses who do bad business...please
"The best form of taking care of troops is first-class training, for this saves unnecessary casualties." Erwin Rommel
Last edited by Duty Honor Country; February 16th, 2009 at 15:56..
|February 16th, 2009||#65|
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Thumbs down to destroying the union. This means more workers at minimum wage and NO healthcare, which is supplied by GM. So either we need to do what gives the Japanese companies their advantage-- NATIONALIZED HEALTHCARE-- or bail these companies out, as we did to Chrysler back in the 1980s, a bailout that they repaid by the end of the decade.
The UAW does not want too much. All they want is their fair share. If you'll notice, the weath gap is spreading. More workers earning less and less while CEOs and other executives take home fat bonuses. President Obama's move to curb salaries is a start. The UAW is trying to finish the job.
Perhaps what is needed is a bailout-bankruptcy. Money to save the company while limiting salaries of executives and orders to re-structure. Or make the CEOs fix the company out of pocket, something that will can't be done by refusing to provide a bailout. The executives have enough money that even if the company fails they're still okay financially, as in the Enron fiasco.
|February 18th, 2009||#66|
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Well apparetnly the talks are also going to promote cutting out the healthcare coverage given to GM retirees. And where do you suppose a person who has relied on this service for healthcare for the last quarter century is going to find new healthcare? Especially if he's 77 years old, half deaf, and has been diagnosed with leukemia? If it goes, that''s the boat my grandfather's going to be in. Spent 30 years with GM, has bought Chevys since 1963 (save for one Saturn) and look at this.
The company shouldn't have to pay healthcare, I agree. But health insurance is necessary and should not have to be purchased from the "must qualify" insurance compainies. There needs to at least be a nationalized option. Taiwan's healthcare system, when it was reorganized several years ago into the best in the world, sent experts out to several countries to observe their healthcare systems. They didn't even bother to look at the US sytem, it is so inefficient and expensive. The reason it's expensive? These lousy insurance companies.