Neil Cavuto interviews Republican congressman Joe Knollenberg of Michigan.
After the less than stellar system set up for the original bailout, the auto industry and Detroit are asking for another bailout with taxpayer dollars to prop up the ailing industry.
My opinion of the auto bailout is that it is outrageous. It is unacceptable and we should NOT use taxpayer funds to an industry who along with the unions promised employees wages, benefits and pensions that can't be met.
The party is over! And the workers in the auto industry ought to consider themselves lucky that for the past 3-4 decades they have been able to continue down the path of destructive policies without noticing the future devastation that would be caused and they are now living it. It has now caught up to the companies, workers and union bosses.
The current structures and policies have failed because they aren't competitive with the other manufacturers within the same industry. The unions should have a seat at the table and should restructure their workforce pay, compensation and benefits package to save the employees which they claim to be looking out for.
The interview below causes me great pains to hear a congressman state that the funding bailout is NOT OUR MONEY. I suppose this is one of the reasons that this congressman won't be back in the next congress as he wasn't reelected.
Owen Zweiback (Coldwell Banker Residential Real Estate)
Let me start by saying that my wife Rose and I absolutely have a soft side for cats. We love them and have 3 of our own. Pictures of our newest and greatest little one "Laser" to come shortly. He is our first male and he is now 7 months old. Our…
Owen Zweiback (Coldwell Banker Residential Real Estate)
Some very interesting numbers are occurring year over year from one of the country's hot spots during the real estate boom. The numbers below are getting better. We are having continual declines in months of inventories or absorption rate…
Owen Zweiback (Coldwell Banker Residential Real Estate)
Never give in--never, never, never, never, in nothing great or small, large or petty, never give in except to convictions of honour and good sense. Never yield to force; never yield to the apparently overwhelming might of the enemy. Winston…
Owen Zweiback (Coldwell Banker Residential Real Estate)
Another display of arrogance and over confidence! Senator Obama should be ashamed of himself again. Does America want to elect a man who just recently taunted the majority of our electric companies and energy sources used by this country by…
Owen Zweiback (Coldwell Banker Residential Real Estate)
Another ridiculous & unnecessary policy toward America's need to be energy independent! We have a whole industry of workers and some of the biggest percentage of our energy use comes from coal. We also have more available coal in the United States…
Owen Zweiback (Coldwell Banker Residential Real Estate)
Just breaking and hot off the presses it appears that Zogby polling that will be released tomorrow Saturday November 1, 2008 is going to show the McCain/Palin ticket leading the Obama/Biden ticket 48%-47% Zogby states it like this: ZOGBY…
Owen Zweiback (Coldwell Banker Residential Real Estate)
Are you kidding me? This is unbelievable yet not surprising. The Democrats spending plans and tax plans to spread the wealth or put another way to take from one person and GIVE it to another is reckless and never before seen in our capitalist…
Owen Zweiback (Coldwell Banker Residential Real Estate)
The other day I went downtown to run a few errands. I went into the local coffee shop for a snack. I was only there for about 5 minutes, and when I came out, there was this cop writing out a parking ticket. I said to him, 'Come on, man, how about…
Owen Zweiback (Coldwell Banker Residential Real Estate)
To build may have to be the slow and laborious task of years. To destroy can be the thoughtless act of a single day. Winston Churchill was a wonderful and brilliant man offering the courage and strength necessary for real leadership. We must…
Market conditons & happenings in Bonita Springs & Southwest Florida! Even some politics & personality for fun!
Disclaimer: The opinions expressed here are my own and do not necessarily represent the views of my employer or any group with which I may be affiliated.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
;)
;)
