The new trend across America is the production of newspapers being sold on the street,which are produced and sold by the homeless. Many cities are flourishing from this new trend. The street papers are nonprofit and survive on grants, donations and circulation revenue.
Editor, Joanne Zuhl, of Street Roots in Portland, Ore. says their paper has seen a sale increase of 16,000 from 11,000 in a few months, and the people selling the papers have jumped to almost 100 from 60. In February, 117 people attended the Denver Voice for sales training secessions.
These are people of all walks of life,that lost their jobs and homes. They sell the street paper to help make ends meet while they look for employment. This helps them to regain their confidence and to also rejoin the mainstream work force. Their success is up to one's own innovation and their gumption. For the most part it helps them to develop a community of customers and colleague's, which also gives them a marketable skill.
Tuesday, April 14, 2009
Wednesday, April 8, 2009
Times Co. Said to Consider Closing Boston Globe
The Boston Globe has been threatened by the New York Times Company to close the company unless the labor unions agree to concessions, such as pay cuts, and pension contributions according to sources briefed on the talks. They are looking for 20 million in savings from The Globe, which has already done several deep cost- cutting and staff reductions.
The closing of The Globe was reported by The Globe on Friday evening, on its Web-site Boston.com. A meeting was held on Thursday giving the company an ultimatum.
If The Globe does not make concessions, it would loose 85 billion in 2009. "The Times Company chairman, Arthur Sulzberger, Jr.,and Catherine J. Mathis, chief spokeswoman for the company, each declined to comment or confirm the article."
In 1993, The Times paid 1.1 billion for The Globe. This figure was the highest paid every for a single American newspaper, which was very profitable in that decade.
"The Times Company also wants to end a provision in The Globe’s contracts that gives certain employees lifetime job guarantees." The company has ask employees, including some workers at the New York Times newspaper, to take a five percent pay cut for the rest of the year. The company is in the process of borrowing money and selling its assets too weather the storm.
"The Globe last year reported weekday circulation of 324,000, the 14th highest in the country, and Sunday circulation of 504,000, the 11th highest."
The closing of The Globe was reported by The Globe on Friday evening, on its Web-site Boston.com. A meeting was held on Thursday giving the company an ultimatum.
If The Globe does not make concessions, it would loose 85 billion in 2009. "The Times Company chairman, Arthur Sulzberger, Jr.,and Catherine J. Mathis, chief spokeswoman for the company, each declined to comment or confirm the article."
In 1993, The Times paid 1.1 billion for The Globe. This figure was the highest paid every for a single American newspaper, which was very profitable in that decade.
"The Times Company also wants to end a provision in The Globe’s contracts that gives certain employees lifetime job guarantees." The company has ask employees, including some workers at the New York Times newspaper, to take a five percent pay cut for the rest of the year. The company is in the process of borrowing money and selling its assets too weather the storm.
"The Globe last year reported weekday circulation of 324,000, the 14th highest in the country, and Sunday circulation of 504,000, the 11th highest."
Tuesday, March 24, 2009
A Web Site’s For-Profit Approach to World News
GlobalPost, a new and upcoming online money maker, plans to make its debut on January 12, taking the place of 65 correspondents worldwide. GlobalPost offers a mixture of news and featured stories. Only a handful of news organizations can compete with them.
If their business plan succeeds, it will depend on how many people will sign up for the separate paid section of the site, which was suppose to be available in test mode beginning last week, but is expected to go online in a few days. GlobalPost, gets access from Passport, which includes reports on business topics that are not necessarily interesting to the general audiences, meetings with reporters, conference calls, and breaking news e-mail messages from journalists.
Passport subscribers can suggest article ideas and if you are a member you will also have a voice at editorial meetings. Passport is meant to creat a feeling of community for their subscribers who may see newsrooms as inaccessible. A dozen or more have signed up for Passport, including GlobalPost's other founder and the president and chief executive. They hope that marketing partners will generate the majority of the subscriptions.
"More encouragingly, a third revenue stream has been growing, as the company has signed up a growing number of news outlets, including The Daily News and The Boise Weekly of Idaho, to carry its reports and have use of its correspondents. CBS Radio News recently signed a nonexclusive deal. It will be able to call on GlobalPost correspondents during breaking news , as a backup to its own reporters, said Harvey Nagel, CBS New's vice president of radio."
“This is definitely a forward-looking model, but it remains to be seen whether the audience materializes and whether they can execute,” Mr. Mutter said, adding that “I think everyone wishes them well because they are pretty close to what the future will be for news publishing.”
If their business plan succeeds, it will depend on how many people will sign up for the separate paid section of the site, which was suppose to be available in test mode beginning last week, but is expected to go online in a few days. GlobalPost, gets access from Passport, which includes reports on business topics that are not necessarily interesting to the general audiences, meetings with reporters, conference calls, and breaking news e-mail messages from journalists.
Passport subscribers can suggest article ideas and if you are a member you will also have a voice at editorial meetings. Passport is meant to creat a feeling of community for their subscribers who may see newsrooms as inaccessible. A dozen or more have signed up for Passport, including GlobalPost's other founder and the president and chief executive. They hope that marketing partners will generate the majority of the subscriptions.
"More encouragingly, a third revenue stream has been growing, as the company has signed up a growing number of news outlets, including The Daily News and The Boise Weekly of Idaho, to carry its reports and have use of its correspondents. CBS Radio News recently signed a nonexclusive deal. It will be able to call on GlobalPost correspondents during breaking news , as a backup to its own reporters, said Harvey Nagel, CBS New's vice president of radio."
“This is definitely a forward-looking model, but it remains to be seen whether the audience materializes and whether they can execute,” Mr. Mutter said, adding that “I think everyone wishes them well because they are pretty close to what the future will be for news publishing.”
Tuesday, March 17, 2009
Sci Fi Channel Has a New Name: Now, It’s Syfy
After many years of trying to find a name for the Sci Fi Channel, executives will submit for public approval for another name. SciFi and its companion Web site (scifi.com) will transform into Syfy on July 7. The new name will be joined by the slogan Imagine Greater, which will replace the logo version of Saturn.
The channel will not be confused with the SyFi Global, an information technology company; sold be Universal Beverages. The name will be introduced on Monday to agencies and advisers by the company executives of Sci Fi, which is a part of NBC Universal Cable Entertainment division of NBC Universal. There will be an upfront presentation to reveal the new name, where networks will try to win commitments by advertisers to block commercial time before the next season starts.
“The brand needed a little refreshing,” said Steve Mandala, executive vice president for cable ad sales at NBC Universal, who will be among those promoting Sci Fi — and Syfy — at the upfront presentation.
SciFi will have a trade campaign aimed at agencies, to publicize the new name, followed by ads on and off the channels for current and future viewers. Ms. Hammer acknowledged that although “there’s always a little bit of risk” in change, Sci Fi executives are experienced in responding to outspoken viewers.
The channel will not be confused with the SyFi Global, an information technology company; sold be Universal Beverages. The name will be introduced on Monday to agencies and advisers by the company executives of Sci Fi, which is a part of NBC Universal Cable Entertainment division of NBC Universal. There will be an upfront presentation to reveal the new name, where networks will try to win commitments by advertisers to block commercial time before the next season starts.
“The brand needed a little refreshing,” said Steve Mandala, executive vice president for cable ad sales at NBC Universal, who will be among those promoting Sci Fi — and Syfy — at the upfront presentation.
SciFi will have a trade campaign aimed at agencies, to publicize the new name, followed by ads on and off the channels for current and future viewers. Ms. Hammer acknowledged that although “there’s always a little bit of risk” in change, Sci Fi executives are experienced in responding to outspoken viewers.
Tuesday, March 10, 2009
Reaching Tech Folks on Their Turf
Spiceworks is a software company which has a very small audience and a small medium business that technology advertisers want to reach. Spiceworks is popular for corporate tech people, and they help one another with problems, as they share their favorite products and services.
Last year, advertisers have included Microsoft, Hewlett-Packard, Dell, Intel, Advance Micro Devices and Sony. Since the new advertisers have joined them their user base has doubled. Under one application the company has been able to download software that will help technology professionals manage, track and report their software and hardware for their companies network.
"Spiceworks has a unique vantage point that Google and trade magazines don’t have: it’s used only by I.T. professionals,” said Emily Riley, senior analyst with Forrester Research. “Marketers know exactly what products users have, what they need and what they’re considering.”
“We have all these users who connect with one another online, so we thought, ‘Why don’t we bring them all together so they can connect with us and each other in person?’ ” Mr. Hallberg said. “Our entire team was there, so they were able to meet the real people behind this technology. We created a relaxing and fun environment. It was such a success that we’re taking it on the road to at least five cities this year and probably 10 to 20 next year."
Last year, advertisers have included Microsoft, Hewlett-Packard, Dell, Intel, Advance Micro Devices and Sony. Since the new advertisers have joined them their user base has doubled. Under one application the company has been able to download software that will help technology professionals manage, track and report their software and hardware for their companies network.
"Spiceworks has a unique vantage point that Google and trade magazines don’t have: it’s used only by I.T. professionals,” said Emily Riley, senior analyst with Forrester Research. “Marketers know exactly what products users have, what they need and what they’re considering.”
“We have all these users who connect with one another online, so we thought, ‘Why don’t we bring them all together so they can connect with us and each other in person?’ ” Mr. Hallberg said. “Our entire team was there, so they were able to meet the real people behind this technology. We created a relaxing and fun environment. It was such a success that we’re taking it on the road to at least five cities this year and probably 10 to 20 next year."
Monday, March 2, 2009
U.S. Is Said to Offer Another $30 Billion in Funds to A.I.G.
After the United States lent billions of dollars to the American International Group, better know as A.I.G., now they have the audacity to want more funding from the United States. As of Monday, March 2, 2009, A.I.G. was preparing to report a $62 billion lose the largest quarterly lose in history. This is the fourth time the government has given A.I.G. money so they would not have to file bankruptcy. The government now owns 80 percent of their holding company, because of the help A.I.G. received from them over the years. They received a $60 billion loan, a $40 billion purchase of shares and $50 billion to soak up the company's toxic assets.
With this new deal, it will cause even more financial risk for taxpayers at a time when Congress and the public are skeptical about the government bailing out private companies. A.I.G. has had more help from the government than any other company that has experience financial hardship.
What is going here? It is time that we hold companies like A.I.G. and others accountable for their actions. Whey should the taxpayer have to endure more of this behaviour. There is no way that A.I.G. should be in financial trouble with all the money the government and the Federal Reserve have given them. Maybe the government should stop helping, because it's only hurting the taxpayer's and the economy.
With this new deal, it will cause even more financial risk for taxpayers at a time when Congress and the public are skeptical about the government bailing out private companies. A.I.G. has had more help from the government than any other company that has experience financial hardship.
What is going here? It is time that we hold companies like A.I.G. and others accountable for their actions. Whey should the taxpayer have to endure more of this behaviour. There is no way that A.I.G. should be in financial trouble with all the money the government and the Federal Reserve have given them. Maybe the government should stop helping, because it's only hurting the taxpayer's and the economy.
Monday, February 23, 2009
The Politically Incorrect Black American Hero
February as we all know it is Black History Month. This year is the 100th anniversary of the Henson mission. This will give the media an opportunity to finally tell his story so that Americans can developed an understanding of history and Henson's significance for our energy future.
Matthew Henson was the co-discoverer of the North Pole. He planted the American flag on the Pole in 1909. Henson's contribution to black history was also a contribution to American history and our future as a world. Because, of his achievement, Henson's body was placed in Arlington National Cemetery at the request of President Ronald Reagan. His partner on this mission to the North Pole was was U.S. Navy Commander Robert E. Peary.
Their mission was a immense geopolitical significance today, because of the resources near, around and under the North Pole and other Arctic regions, has drawn much interest to America's rivals and some enemies alike. Many Americans black and white myself included did not know that Henson played such a role in American history by placing a flag on the North Pole.
The movie Glory & Honor, honor's both Henson and Peary, and in 1986 a US stamp was issued. To much attention to Henson's discovery could get in the way of the United Nations gaining control over billions of dollars in oil, gas, mineral resources in the international waters mainly the North Pole. If this were to happen the U.N. Convention on the Law of the Sea(UNCLOS) would control the world body of these resources. In accordance with the UNCLOS the US and many other nations will receive access to resources off their coastlines.
"Despite the politically incorrect nature of the North Pole discovery, media interest and awareness is starting to grow. The southern New Jersey Courier-Post reports on the making of an epoxy bronze statue of Henson that will be displayed at a special ceremony on April 6. This is the actual date, 100 years ago, when Henson planted an American flag at the Pole."
Matthew Henson was the co-discoverer of the North Pole. He planted the American flag on the Pole in 1909. Henson's contribution to black history was also a contribution to American history and our future as a world. Because, of his achievement, Henson's body was placed in Arlington National Cemetery at the request of President Ronald Reagan. His partner on this mission to the North Pole was was U.S. Navy Commander Robert E. Peary.
Their mission was a immense geopolitical significance today, because of the resources near, around and under the North Pole and other Arctic regions, has drawn much interest to America's rivals and some enemies alike. Many Americans black and white myself included did not know that Henson played such a role in American history by placing a flag on the North Pole.
The movie Glory & Honor, honor's both Henson and Peary, and in 1986 a US stamp was issued. To much attention to Henson's discovery could get in the way of the United Nations gaining control over billions of dollars in oil, gas, mineral resources in the international waters mainly the North Pole. If this were to happen the U.N. Convention on the Law of the Sea(UNCLOS) would control the world body of these resources. In accordance with the UNCLOS the US and many other nations will receive access to resources off their coastlines.
"Despite the politically incorrect nature of the North Pole discovery, media interest and awareness is starting to grow. The southern New Jersey Courier-Post reports on the making of an epoxy bronze statue of Henson that will be displayed at a special ceremony on April 6. This is the actual date, 100 years ago, when Henson planted an American flag at the Pole."
Tuesday, February 17, 2009
Media Matters: Putting the "partisan" in "bipartisanship"
The reaction to Judd Gregg's decision to back out of becoming President Obama's secretary of commerce really makes you wonder about the understanding of bipartisanship. The shortcomings of the media fetishzation of bipartisanship has been on display for weeks. When the House of Republicans passed the stimulus package, ABC did not check or talk about the content of the stimulus package, but instead talked about what President Obama's failure to win over a single Republican vote.
Reporters always think that Democrats should reach out to the Republicans at any cost. But, when the Republicans turn their backs on them then it is the Democrats fault even though they tried.
Even after the Democrats included billions of dollars of tax cuts to please the Republicans they were not satisfied with that. With the economy in the shape its in you would think the Republicans would feel sympathetic to the issues at hand.
A CNN poll released this week found "that three out of four poll respondents said Obama is doing enough to cooperate with Republicans in Congress, but only 39 percent feel that congressional Republicans are cooperating enough with the president.
It was not a surprise when Judd Gregg who was elected secretary of commerce decided to resign. Many felt that he knew all along that he was going to to resign. His reason for resigning was that he is a conservative Republican and that President Obama is a Democrat. Well, before he said yes didn't he know that the president was a Democrat. So now maybe the reporters will realize that those who are falling short of bipartisanship is the Republicans.
President Obama has made a sincere effort in bipartisanship by offering Gregg the job of secretary of commerce. But, on the other hand Gregg's decision to resign just showed the people what the Republicans are all about. They are determine to try and make life difficult for the new president. After eight years of turmoil and seeing how this country has suffered and continues to suffer you would think the the Republicans would want change.
"And with the media rigging the game this thoroughly, it's no wonder that Obama's attempts to bipartisanship have brought little in return from Republicans.
Reporters always think that Democrats should reach out to the Republicans at any cost. But, when the Republicans turn their backs on them then it is the Democrats fault even though they tried.
Even after the Democrats included billions of dollars of tax cuts to please the Republicans they were not satisfied with that. With the economy in the shape its in you would think the Republicans would feel sympathetic to the issues at hand.
A CNN poll released this week found "that three out of four poll respondents said Obama is doing enough to cooperate with Republicans in Congress, but only 39 percent feel that congressional Republicans are cooperating enough with the president.
It was not a surprise when Judd Gregg who was elected secretary of commerce decided to resign. Many felt that he knew all along that he was going to to resign. His reason for resigning was that he is a conservative Republican and that President Obama is a Democrat. Well, before he said yes didn't he know that the president was a Democrat. So now maybe the reporters will realize that those who are falling short of bipartisanship is the Republicans.
President Obama has made a sincere effort in bipartisanship by offering Gregg the job of secretary of commerce. But, on the other hand Gregg's decision to resign just showed the people what the Republicans are all about. They are determine to try and make life difficult for the new president. After eight years of turmoil and seeing how this country has suffered and continues to suffer you would think the the Republicans would want change.
"And with the media rigging the game this thoroughly, it's no wonder that Obama's attempts to bipartisanship have brought little in return from Republicans.
Tuesday, February 10, 2009
Resilient Strategy for Times Despite Toll of a Recession
According to Janet Robinson, president and chief executive of The New York Times Company, told analysts how the company would survive the crippling newspaper industry. Most newspapers are cutting back international and national coverage and ceasing operations period. The Times Company, publishes The New York Times, The Boston Globe and the International Herald Tribune, by which does not carry crushing debt that caused other publishers to default or to file for bankruptcy. In all the company has been able to hold on to their revenue from ads and circulations.
The newspaper ad revenue fell 14.2 percent in 2008, a drop of 19.5 percent the last two years. Most major papers have reduced their sizes, but the Times newspaper has not reduced the size of their newsroom or the content of their pages. There is about 1300 staff members and the budget is over $200 million the largest in the country. The Times have gone to digital, web, blogs, slides shows,videos and have taken on Wikipedia. Also, there has been a large ad revenue for online and print that put a big squeeze on the companies cash flow. Because, of this the Times Company is looking to raise funds by selling their stakes in the Boston Red Sox's, and the company had to borrow $250 million with and very high interest rate of 14 percent from Carlos Slim Helu', a Mexican billionaire.
"Newspaper industry analysts say that despite some published alarms to the contrary, the company has positioned itself well to ride out another year of recession, maybe two. The company still operates at a profit, and analysts say it might have gotten by without the Slim loan, but could not afford to take the risk because borrowing could be even harder in six months or a year."
The newspaper ad revenue fell 14.2 percent in 2008, a drop of 19.5 percent the last two years. Most major papers have reduced their sizes, but the Times newspaper has not reduced the size of their newsroom or the content of their pages. There is about 1300 staff members and the budget is over $200 million the largest in the country. The Times have gone to digital, web, blogs, slides shows,videos and have taken on Wikipedia. Also, there has been a large ad revenue for online and print that put a big squeeze on the companies cash flow. Because, of this the Times Company is looking to raise funds by selling their stakes in the Boston Red Sox's, and the company had to borrow $250 million with and very high interest rate of 14 percent from Carlos Slim Helu', a Mexican billionaire.
"Newspaper industry analysts say that despite some published alarms to the contrary, the company has positioned itself well to ride out another year of recession, maybe two. The company still operates at a profit, and analysts say it might have gotten by without the Slim loan, but could not afford to take the risk because borrowing could be even harder in six months or a year."
Tuesday, February 3, 2009
Media Matters: Fetishizing off-center centrism
When the vote was passed last week on the stimulus package, not once did the media concern themselves with what the package consist of,or how it would help our economy. Instead, the Beltway journalist only wanted to know why the Republicans did not vote for it.
For years Democrats have failed to get Republicans support on passing any bills in the pass. As, President Obama reached out for bipartisanship, he scored a big zero. The president is trying to reach out to the Republican party for support an right away you see the distinction instantly.
As you can see the media is not really focusing on the stimulus package at all. They are not interested in any alterations that might be unacceptable to President Obama. That is not important obviously, but "would the president veto a bill that didn't have the Republicans support," was more important.
Media matters report despite insistence by members of the media, it is a conservative or "center-right country, "Americans are progressive across a wide range of controversial issues, and are growing progressive all the time.
For years Democrats have failed to get Republicans support on passing any bills in the pass. As, President Obama reached out for bipartisanship, he scored a big zero. The president is trying to reach out to the Republican party for support an right away you see the distinction instantly.
As you can see the media is not really focusing on the stimulus package at all. They are not interested in any alterations that might be unacceptable to President Obama. That is not important obviously, but "would the president veto a bill that didn't have the Republicans support," was more important.
Media matters report despite insistence by members of the media, it is a conservative or "center-right country, "Americans are progressive across a wide range of controversial issues, and are growing progressive all the time.
Friday, January 30, 2009
Kay Yow dies at 66
Hall of Fame women's basketball coach, Kay Yow who coached the Lady North Carolina State Wolfpack, died of breast cancer Saturday, January 24 at the age of 66. Kay was an inspiration to everyone she touched and a pillar in her community. She was diagnosis with cancer in 1987 then again in 2004 and 2006. After 34 seasons as the coach for The Lady Wolfpack, she managed to win 737 games,won four Atlantic Coast Conference titles,was invited to 20 NCAA tournaments, made it to 11 sweet 16 appearance's and took her team to their first Final Four appearance in 1998. Among those accomplishments she lead the 1988 Olympic women's basketball team to a gold medal in Seoul, Korea. For her achievements, Kay Yow was inducted to the Naismith Hall of Fame in 2002; and in 2007 after being out, because of her illness North Caroline State dedicated Reynolds Coliseum in her name. Even though she had a long battle with cancer, Kay never gave in. Her faith in the lord is what kept her going through it all. Kay also became a partner with the V Foundation by establishing the Kay Yow/WBCA Cancer Fund. The V Foundation was named after the late Vinny Valvano, who coached the North Carolina State men's basketball team who also died from cancer. Kay stated that "cancer was a burden, but also a blessing which allowed her to touch and inspire so many people. Every morning, I wake up and the first thing I think of is I'm thankful. I'm thankful for another day." Many of her colleague's, players, students and those who did not get the chance to meet this great women, but was able to witness what she meant and gave to the game of basketball and life. The world of women's basketball as we know it will sorely miss a great pioneer.
Comments
Wendy's Webcast said...
The coverage and accolades from the mass media regarding Coach Yow were impressive. I don't want to sound cynical, but I was surprised to see so much air time and print space given to a female coach. I know that this would not have happened a decade ago, so times have changed. Women's sports still struggle for adequate (notice I didn't say equal because I am a realist) coverage. Women's basketball tickets are given away, with the exception being the big places like Connecticut or North Carolina. So, when a female coach, even one who has accomplished so much in her brief life, is recognized by so many outlets for her outstanding achievements, it is very gratifying. Bravo to all the newspapers and television stations who gave her some recognition.
January 28, 2009 10:57 AM
jbry06 said...
It's a shame that her life came to an early end. But this type of stuff make us realize how grateful we should be everyday, no matter what we're doing. She considered her cancer as a blessing which is a hard thing to do because a lot of people lose the will to live when they're diagonsis with cancer. There's no arguing that she is one of the best coaches of all time in any sport. But she was definitely a better person who cherished everyday.
January 29, 2009 9:53 PM
The coverage and accolades from the mass media regarding Coach Yow were impressive. I don't want to sound cynical, but I was surprised to see so much air time and print space given to a female coach. I know that this would not have happened a decade ago, so times have changed. Women's sports still struggle for adequate (notice I didn't say equal because I am a realist) coverage. Women's basketball tickets are given away, with the exception being the big places like Connecticut or North Carolina. So, when a female coach, even one who has accomplished so much in her brief life, is recognized by so many outlets for her outstanding achievements, it is very gratifying. Bravo to all the newspapers and television stations who gave her some recognition.
January 28, 2009 10:57 AM
jbry06 said...
It's a shame that her life came to an early end. But this type of stuff make us realize how grateful we should be everyday, no matter what we're doing. She considered her cancer as a blessing which is a hard thing to do because a lot of people lose the will to live when they're diagonsis with cancer. There's no arguing that she is one of the best coaches of all time in any sport. But she was definitely a better person who cherished everyday.
January 29, 2009 9:53 PM
Informercials Find Their Way to Television's Prime Time
Infomercials are definitely making their way to network TV during prime time. Most recently, CBS has featured a number of infomercials during prime time, because for the first time in decades the advertising market is at an all time low. Where the networks ran commercials during prime time slots, and other advertisements the networks are now running infomercials instead. By using infomercials, networks are loosing lots of money. Nancey Duitch, chief executive of Vertical Branding, which ran infomercials for Steam Budding and the Nicer Dicer, stated that networks try to avoid infomercials, because they pay "a fraction of what general advertising cost." Infomercials are much cheaper than regular commercials. Even top cable networks are using infomercials to fill their prime time spots. The prices are low and there is no guarantee that the ads will run. Those of course who pay full price for their ads receive full priority for their ads shown during prime time and other popular times.
Monday, January 12, 2009
Wheels come off media debate on auto bailout
While the three major auto companies look to the government for help, Congress continues to debate if they should authorize a bailout plan to assist them. This is very important to the auto industry, because with out the help from Congress many people will be out of jobs. The economy is already at a all time low and Congress is weighing their decision carefully before they approve anymore funds to anyone.
Many feel that Congress should not bail them out of this situation. On November 17, "columnist" Andrew Ross Sorkin argued against the bailout, stating that taxpayers should not be responsible for paying "salary and health insurance"or for it's downfall. Should Congress step in and help or should it let the United States big three auto industry's go under? Whether Congress decides to help the auto industry or not this is very serious and needs to be dealt with carefully and immediately.
Many feel that Congress should not bail them out of this situation. On November 17, "columnist" Andrew Ross Sorkin argued against the bailout, stating that taxpayers should not be responsible for paying "salary and health insurance"or for it's downfall. Should Congress step in and help or should it let the United States big three auto industry's go under? Whether Congress decides to help the auto industry or not this is very serious and needs to be dealt with carefully and immediately.
Thursday, January 8, 2009
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