pan6467

No they shouldn't, in the short term it crushes the employees work morale and in the long term it destroys the company. It's a golden parachute and it's wrong.

I love how neo-cons don't believe they nor the industries have any civic duty to the community, yet they expect the police to protect, the fire department to be ready, the roads to be good, the schools to be decent and teaching kids for the future, and so on.

Yet, actions like these destroy a community, its tax base and the infrastructure. Of course the executives who get the bonuses, are gone.

Sorry but it's wrong. If I own a company it is for me morally wrong to ask my employees to take cuts and give myself bonuses. What needs to be done is for Delphi to say, We're going to cut wages 25% including managements and together we are going to work to save the company. We'll streamline production, we'll find better ways to market and we'll do it together.

Instead what you are saying is, FUCK YOU workers, we're going to take all we can and when the company goes under..... too bad.

Where exactly did I say the wealthy should take care of us? You are putting words in my mouth, now?

No, that is not my belief. My belief is that we are a nation and we need to work together, and find ways to save our country from economic failure. If you want to believe that means I expect the wealthy to pay for everything..... then you have no understanding of me whatsoever. You CHOOSE to believe what you want. The truth is, I believe both sides need to give and compromise.... but I see the rich not doing either. They are taking all they can. It's wrong and it shows that they have no faith in the country or in Bush's so called economy.

I shop at all the locally owned places I can. They maybe more expensive (not by much) but it helps my local economy.

Except for the medical bills I just incurred I was debt free. Except for student loans, which as long as I am a student are not due.... I was 100% debt free, bills paid on time, I own 2 cars outright, I own all I have and have no loans or debt on any of it.

Ahhhh so if that is the case then why is this thread even here? Why do people praise Reaganomics, curse Clinton... and so on. If it's the people's wallets the politics and government shouldn't have anything to do with it?

Unfortunately, that is not true. The Fed controls interest rates and along with the Department of Treasury prints the money and controls how much is in circulation, thereby influencing Inflation and deflation.

The national deficit cause more money to go to pay just the interest rates therefore taking out the money to keep the infrastructure alive.

Taxes go up in communities to make up for the shortfall of the Federal, State and industries lost..... but as unemployment and lower paying jobs hit the population, the burden becomes heavier on the rich.

As the trade deficit grows the dollar shrinks and we have to ship out more and more jobs to get lower and lower wages to compete with imports. But again, people go farther and farther into debt because they cannot afford to live.

You say sacrifice..... if the people sacrificed truly the economy would go into a full depression. The companies need the people to have credit and use it to buy their products. That's why it is pretty easy to get credit cards.

If people lived within the means, this nation would be bankrupt in 6 months.

It's the "bill-bingo", the robbing Peter to pay Paul that is keeping this nation afloat, from the federal government to the citizens.

But the time is coming when the debt will come due. It has to. When it does, do you truly believe the poor will just riot and steal from themselves? OR that our freedom and our government will survive?

There is a finite number of money and when the trade deficit and the national deficit reach that point we're done.

You act and seemingly want to believe that we have an infinite supply of money..... that is impossible, if we did or if we try inflation/deflation and total devaluation occurs. In other words the money is worthless.

It won't the whole infrastructure will colapse and people will look for any way to survive ..... when that has happened in history and every time throughout history, you get Hitlers, Napoleans, Trotskys, Stalins and so on.

We're not looking at a depression of the 30's, we're staring at a total breakdown in this country.

So keep being greedy, keep believing companies and the rich owe nothing to the communities and when the nation falls apart....... who are you going to blame?

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I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"