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	<title>Comments on: Full Scale Stimulus Package Pushed Back Until After Inauguration</title>
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	<description>Finances transformed by faith</description>
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		<title>By: Peter</title>
		<link>http://www.biblemoneymatters.com/2008/11/full-scale-stimulus-package-pushed-back-until-after-inauguration.html/comment-page-1#comment-4067</link>
		<dc:creator>Peter</dc:creator>
		<pubDate>Mon, 29 Dec 2008 04:47:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1595#comment-4067</guid>
		<description>for the record - I do own a GM vehicle - a Chevrolet Impala.  However, I think it was made in Canada, while my wife&#039;s Honda was made in the good old U.S.A.  Go figure.  

I want to reiterate that I don&#039;t think the workers are bad, or that American car companies are worse than foreign automakers.  I wouldn&#039;t have bought one if i thought that. I just happen to think that some of the things that unions have done have hamstrung what the car companies can do, and mean that they can&#039;t be as competitive as foreign automakers.  

I&#039;ve been a union member at one time in my life, and I can&#039;t say I was very impressed with them. I think they were necessary at one point in our history, but for many workers nowadays they aren&#039;t really out for the best interests of the workers - but for the interests of the union officials.  They help to bankrupt companies - which in the end isn&#039;t good for anybody cause no one has jobs.

Should the benefits that the workers get be factored into what they make? For sure.  The rest of us have to pay for those benefits, or have it factored into our pay as well.

I also think the companies are largely to blame when they are compensating executives for poor performance, and not doing things that are fiscally responsible.  

So there you go, there&#039;s enough blame to go around. The unions, the car companies, and Washington. Did I leave anyone out?</description>
		<content:encoded><![CDATA[<p>for the record &#8211; I do own a GM vehicle &#8211; a Chevrolet Impala.  However, I think it was made in Canada, while my wife&#8217;s Honda was made in the good old U.S.A.  Go figure.  </p>
<p>I want to reiterate that I don&#8217;t think the workers are bad, or that American car companies are worse than foreign automakers.  I wouldn&#8217;t have bought one if i thought that. I just happen to think that some of the things that unions have done have hamstrung what the car companies can do, and mean that they can&#8217;t be as competitive as foreign automakers.  </p>
<p>I&#8217;ve been a union member at one time in my life, and I can&#8217;t say I was very impressed with them. I think they were necessary at one point in our history, but for many workers nowadays they aren&#8217;t really out for the best interests of the workers &#8211; but for the interests of the union officials.  They help to bankrupt companies &#8211; which in the end isn&#8217;t good for anybody cause no one has jobs.</p>
<p>Should the benefits that the workers get be factored into what they make? For sure.  The rest of us have to pay for those benefits, or have it factored into our pay as well.</p>
<p>I also think the companies are largely to blame when they are compensating executives for poor performance, and not doing things that are fiscally responsible.  </p>
<p>So there you go, there&#8217;s enough blame to go around. The unions, the car companies, and Washington. Did I leave anyone out?</p>
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		<title>By: Jessie</title>
		<link>http://www.biblemoneymatters.com/2008/11/full-scale-stimulus-package-pushed-back-until-after-inauguration.html/comment-page-1#comment-4062</link>
		<dc:creator>Jessie</dc:creator>
		<pubDate>Mon, 29 Dec 2008 01:49:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1595#comment-4062</guid>
		<description>Well said!!</description>
		<content:encoded><![CDATA[<p>Well said!!</p>
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		<title>By: Jessie</title>
		<link>http://www.biblemoneymatters.com/2008/11/full-scale-stimulus-package-pushed-back-until-after-inauguration.html/comment-page-1#comment-4061</link>
		<dc:creator>Jessie</dc:creator>
		<pubDate>Mon, 29 Dec 2008 01:46:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1595#comment-4061</guid>
		<description>I have heard this so many times.  &quot;The employees are paid too much.&quot;  I am still trying to figure out what &quot;too much&quot; is being compared to.  Foreign car makers?  I bet you own a foreign car huh?  People just aren&#039;t buying cars...you know the economy is all bad and everything.  

I have heard so many people talk about how the American manufacturers made cars no one wants (yet Ford has the number one selling car in North America); consumers buy these cars to improve their status; and now the employees make $80/hour!  So, first of all these magic numbers that are put out there probably include the employees benefits.  Propoganda spewers seem to stretch the truth to make others agree with them.  Secondly, I am a proud owner of a beautiful Chrysler Aspen.  I buy suvs because I like big, safe cars.  AND my car has a lifetime warranty......yes....LIFETIME!  who can offer that?  I do not buy big, gas guzzlers for improved status.  I want to be able to protect my precious cargo.  I am a &quot;brother&#039;s&quot; (union member) wife and we try tp buy everything American but we can&#039;t even find the products anymore!!    
One of the biggest things I have noticed, aside from people being mis-informed about unions, is that those that are complaining the most buy foreign cars.  How about taking pride in our american made products?  How about buying American made cars, thus contributing to the solution not the problem.  

Oh, and the foreign auto industry is struggling too.  Not as bad as the American, yet.  If people don&#039;t have the money to buy cars they can&#039;t buy cars.  But, what will the reasoning be when the Foreign manufacturers are going under?  -Oh, it&#039;ll probably be that they were not as educated as those over-paid American auto workers.  That would be the day.</description>
		<content:encoded><![CDATA[<p>I have heard this so many times.  &#8220;The employees are paid too much.&#8221;  I am still trying to figure out what &#8220;too much&#8221; is being compared to.  Foreign car makers?  I bet you own a foreign car huh?  People just aren&#8217;t buying cars&#8230;you know the economy is all bad and everything.  </p>
<p>I have heard so many people talk about how the American manufacturers made cars no one wants (yet Ford has the number one selling car in North America); consumers buy these cars to improve their status; and now the employees make $80/hour!  So, first of all these magic numbers that are put out there probably include the employees benefits.  Propoganda spewers seem to stretch the truth to make others agree with them.  Secondly, I am a proud owner of a beautiful Chrysler Aspen.  I buy suvs because I like big, safe cars.  AND my car has a lifetime warranty&#8230;&#8230;yes&#8230;.LIFETIME!  who can offer that?  I do not buy big, gas guzzlers for improved status.  I want to be able to protect my precious cargo.  I am a &#8220;brother&#8217;s&#8221; (union member) wife and we try tp buy everything American but we can&#8217;t even find the products anymore!!<br />
One of the biggest things I have noticed, aside from people being mis-informed about unions, is that those that are complaining the most buy foreign cars.  How about taking pride in our american made products?  How about buying American made cars, thus contributing to the solution not the problem.  </p>
<p>Oh, and the foreign auto industry is struggling too.  Not as bad as the American, yet.  If people don&#8217;t have the money to buy cars they can&#8217;t buy cars.  But, what will the reasoning be when the Foreign manufacturers are going under?  -Oh, it&#8217;ll probably be that they were not as educated as those over-paid American auto workers.  That would be the day.</p>
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		<title>By: Personal Finance Resource Links &#124; Free From Broke</title>
		<link>http://www.biblemoneymatters.com/2008/11/full-scale-stimulus-package-pushed-back-until-after-inauguration.html/comment-page-1#comment-3094</link>
		<dc:creator>Personal Finance Resource Links &#124; Free From Broke</dc:creator>
		<pubDate>Sun, 23 Nov 2008 23:27:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1595#comment-3094</guid>
		<description>[...] Don&#8217;t count on any economic stimulus package until after the inauguration. [...]</description>
		<content:encoded><![CDATA[<div style="background-color: #FFFBCC;">
<p>[...] Don&#8217;t count on any economic stimulus package until after the inauguration. [...]</p>
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		<title>By: Smith</title>
		<link>http://www.biblemoneymatters.com/2008/11/full-scale-stimulus-package-pushed-back-until-after-inauguration.html/comment-page-1#comment-3014</link>
		<dc:creator>Smith</dc:creator>
		<pubDate>Thu, 20 Nov 2008 05:11:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1595#comment-3014</guid>
		<description>I do not think this for the GM employees, but the unions have seriously creeped what the companies can do. The salaries that many of them are paid for the work are now for what they should be paid. 
The government restrictions that are making it impossible for American automakers to compete has really to put up.</description>
		<content:encoded><![CDATA[<p>I do not think this for the GM employees, but the unions have seriously creeped what the companies can do. The salaries that many of them are paid for the work are now for what they should be paid.<br />
The government restrictions that are making it impossible for American automakers to compete has really to put up.</p>
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		<title>By: What I&#8217;m reading instead of working&#8230; : Pursuing Holiness</title>
		<link>http://www.biblemoneymatters.com/2008/11/full-scale-stimulus-package-pushed-back-until-after-inauguration.html/comment-page-1#comment-3011</link>
		<dc:creator>What I&#8217;m reading instead of working&#8230; : Pursuing Holiness</dc:creator>
		<pubDate>Wed, 19 Nov 2008 19:52:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1595#comment-3011</guid>
		<description>[...] for another economic &#8220;stimulus&#8221; will be put off until Obama takes office and can get credit for it.   Whatever.  It&#8217;s wealth redistribution, plain and simple.  [...]</description>
		<content:encoded><![CDATA[<div style="background-color: #FFFBCC;">
<p>[...] for another economic &#8220;stimulus&#8221; will be put off until Obama takes office and can get credit for it.   Whatever.  It&#8217;s wealth redistribution, plain and simple.  [...]</p>
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		<title>By: Daniel James</title>
		<link>http://www.biblemoneymatters.com/2008/11/full-scale-stimulus-package-pushed-back-until-after-inauguration.html/comment-page-1#comment-2997</link>
		<dc:creator>Daniel James</dc:creator>
		<pubDate>Tue, 18 Nov 2008 19:25:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1595#comment-2997</guid>
		<description>Rather than bail out the companies, why don&#039;t we enable them to be more competitive? Larry touched on this; lift the government restrictions that are making it impossible for American automakers to compete. 

We can&#039;t sell GM/Ford/Chrysler vehicles oversees. The foreign governments prohibit it. Yet they can come over here and sell their vehicles to us. 
Our corporate taxes and restrictions are making it difficult to for Detroit to compete on quality AND cost. But both aspects must be in place to sell cars. 
This is needed in ADDITION to resolving the issues with the unions, as described above.

We restrict our own companies, and reduce them to mediocrity. When they start to stumble as a result, we punish them for it, and the government swoops in to &quot;save the day&quot; with MORE rules and regulations. Does this sound like a bad plan to anyone else? 

I say get the government OUT of the auto industry. Let them be competitive on their own. 
Long live capitalism!

&lt;abbr&gt;&lt;em&gt;Daniel Jamess last blog post..&lt;a href=&quot;http://www.what-the-cow.com/2008/11/you-must-use-force.html&quot; rel=&quot;nofollow&quot;&gt;You Must Use The Force&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>Rather than bail out the companies, why don&#8217;t we enable them to be more competitive? Larry touched on this; lift the government restrictions that are making it impossible for American automakers to compete. </p>
<p>We can&#8217;t sell GM/Ford/Chrysler vehicles oversees. The foreign governments prohibit it. Yet they can come over here and sell their vehicles to us.<br />
Our corporate taxes and restrictions are making it difficult to for Detroit to compete on quality AND cost. But both aspects must be in place to sell cars.<br />
This is needed in ADDITION to resolving the issues with the unions, as described above.</p>
<p>We restrict our own companies, and reduce them to mediocrity. When they start to stumble as a result, we punish them for it, and the government swoops in to &#8220;save the day&#8221; with MORE rules and regulations. Does this sound like a bad plan to anyone else? </p>
<p>I say get the government OUT of the auto industry. Let them be competitive on their own.<br />
Long live capitalism!</p>
<p><abbr><em>Daniel Jamess last blog post..<a href="http://www.what-the-cow.com/2008/11/you-must-use-force.html" rel="nofollow">You Must Use The Force</a></em></abbr></p>
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		<title>By: Craig</title>
		<link>http://www.biblemoneymatters.com/2008/11/full-scale-stimulus-package-pushed-back-until-after-inauguration.html/comment-page-1#comment-2994</link>
		<dc:creator>Craig</dc:creator>
		<pubDate>Tue, 18 Nov 2008 16:45:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1595#comment-2994</guid>
		<description>I don&#039;t agree the government should bail them out.  Why should they?  Where does this end?  What if Google goes bankrupt, will the gov&#039;t bail them out?  Companies need to be responsible for themselves and like history shows, a new company will develop and compete.  Companies should be smarter and clearly the quality of their products lack.  They should be more focused on cars gaining better gas mileage than these huge SUVs with loads of features.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t agree the government should bail them out.  Why should they?  Where does this end?  What if Google goes bankrupt, will the gov&#8217;t bail them out?  Companies need to be responsible for themselves and like history shows, a new company will develop and compete.  Companies should be smarter and clearly the quality of their products lack.  They should be more focused on cars gaining better gas mileage than these huge SUVs with loads of features.</p>
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		<title>By: Andy</title>
		<link>http://www.biblemoneymatters.com/2008/11/full-scale-stimulus-package-pushed-back-until-after-inauguration.html/comment-page-1#comment-2993</link>
		<dc:creator>Andy</dc:creator>
		<pubDate>Tue, 18 Nov 2008 16:07:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1595#comment-2993</guid>
		<description>In regards to the US automakers bailout, which I also recently wrote on, my view is that the bailout of the Big three US automakers will happen (from the TARP) and the proposed additional $25 billion package will be approved by year end. Despite critics on both sides, the US automakers bailout proposal has strong bipartisan support and the President-Elect has publicly stated his backing of a constructive bailout plan. It is just too important (perceived and actual) to the nation’s economic recovery. The key will be how the bailout package is structured for short term and long term reform. For it to be successful the US automakers will have to undergo a radical make-over in terms of labor rates and union structures, past and current worker benefits and accelerating the move to cleaner energy vehicles. Further their executives, need to be replaced by new talent whose focus will be on making the companies as efficient as possible to compete in the 21st century and to eventually repay (with interest) the taxpayer funded bailout

&lt;abbr&gt;&lt;em&gt;Andys last blog post..&lt;a href=&quot;http://feeds.feedburner.com/~r/SavingToInvest/~3/455612912/us-automakers-bailout-bridge-to.html&quot; rel=&quot;nofollow&quot;&gt;US Automakers Bailout - A Bridge to Bankruptcy or a Road to Salvation&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>In regards to the US automakers bailout, which I also recently wrote on, my view is that the bailout of the Big three US automakers will happen (from the TARP) and the proposed additional $25 billion package will be approved by year end. Despite critics on both sides, the US automakers bailout proposal has strong bipartisan support and the President-Elect has publicly stated his backing of a constructive bailout plan. It is just too important (perceived and actual) to the nation’s economic recovery. The key will be how the bailout package is structured for short term and long term reform. For it to be successful the US automakers will have to undergo a radical make-over in terms of labor rates and union structures, past and current worker benefits and accelerating the move to cleaner energy vehicles. Further their executives, need to be replaced by new talent whose focus will be on making the companies as efficient as possible to compete in the 21st century and to eventually repay (with interest) the taxpayer funded bailout</p>
<p><abbr><em>Andys last blog post..<a href="http://feeds.feedburner.com/~r/SavingToInvest/~3/455612912/us-automakers-bailout-bridge-to.html" rel="nofollow">US Automakers Bailout &#8211; A Bridge to Bankruptcy or a Road to Salvation</a></em></abbr></p>
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		<title>By: Peter</title>
		<link>http://www.biblemoneymatters.com/2008/11/full-scale-stimulus-package-pushed-back-until-after-inauguration.html/comment-page-1#comment-2990</link>
		<dc:creator>Peter</dc:creator>
		<pubDate>Tue, 18 Nov 2008 14:11:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1595#comment-2990</guid>
		<description>I do feel for the GM employees, but as you say, the unions have really crippled what the companies can do.  The salaries that many of them are paid for the work are out of line with what they should be paid.  

As far as government standards, I agree that many of them have hamstrung the companies.  Relaxing standards and restrictions would be a good place to start.

Checked out and enjoyed your blog - keep up the great work!</description>
		<content:encoded><![CDATA[<p>I do feel for the GM employees, but as you say, the unions have really crippled what the companies can do.  The salaries that many of them are paid for the work are out of line with what they should be paid.  </p>
<p>As far as government standards, I agree that many of them have hamstrung the companies.  Relaxing standards and restrictions would be a good place to start.</p>
<p>Checked out and enjoyed your blog &#8211; keep up the great work!</p>
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