Although our household is not directly tied to the auto industry, I firmly believe that the loss of the "Big 3" would be absolutely devistating to our area. We live in the small town of Flat Rock, home of the Auto Alliance factory that produces the Ford Mustang. Within a 10 mile radius, we also have the Ford Woodhaven Stamping Plant and a Chrysler ( Read more... )

I happened to wake up a couple hours ago after going to sleep early. I'm sorry I looked at the news... Obviously the "shit rolls downhill" theory applies to anyone living in southeastern Michigan ( Read more... )

For those who may not have heard yet, Congress passed the "Bailout Bill" and it has already been signed by Dubya. Then, while looking for information and opinion on this measure, low and behold, I find this article...California may need a $7 billion emergency loan from the federal government to pay for "teachers' salaries, nursing homes, law ( Read more... )

How do I know? He's urging us to go all in on a pair of 10's... "Buy up junk debt and sell when the market stabilizes". You tell me how he proposes stabilizing the market before I lay my chips ( Read more... )

YES! Now perhaps they can sit down and draft a plan that aims aid at the appropriate target- the American people. It's our money, is it not? It's not right to expect our tax dollars to fund businesses who made shady deals and participated in unethical predatory lending practices. If they want to keep their institutions in business, perhaps they ( Read more... )

I've contacted both my Senators and my local Congressman in regards to voting NO on the proposed Bailout Bill. In my opinion (along with nearly 80% of taxpayers by some poll estimates), it is unfair to saddle taxpayers with bad debt created by unethical business practices ( Read more... )

(CNN) -- Sens. John McCain and Barack Obama both left President Bush's financial bailout meeting at the White House after 5 p.m. Thursday with no apparent deal worked out ( Read more... )