tag:blogger.com,1999:blog-32838402.post2432770605128833191..comments2024-03-24T20:34:23.967-06:00Comments on Family and Friends blog: Hard TimesP M Prescotthttp://www.blogger.com/profile/12973205373056561583noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-32838402.post-24792816691453998892009-03-20T18:16:00.000-06:002009-03-20T18:16:00.000-06:00Tell the lady she's right.Tell the lady she's right.P M Prescotthttps://www.blogger.com/profile/12973205373056561583noreply@blogger.comtag:blogger.com,1999:blog-32838402.post-27083564187651702932009-03-19T18:56:00.000-06:002009-03-19T18:56:00.000-06:00one thing that I know about this is that compared ...one thing that I know about this is that compared to what the first great depression was I think it is fair to state that this hardly rates as a crisis. I have a woman living next door and she is 90 years old.( I might not live that long) and she lived through the depression, the dust bowl, and the world wars. She said that this is nothing and I will agree with her. So just for fun compare what we have today and what they had back then. and see if we have the right to complain.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32838402.post-46898247179746121762009-03-15T10:51:00.000-06:002009-03-15T10:51:00.000-06:00Every day when I read about the bonuses given to t...Every day when I read about the bonuses given to the crooks that got us in this mess it makes my blood boil. As you point out it happened to the Air carrier industry first.P M Prescotthttps://www.blogger.com/profile/12973205373056561583noreply@blogger.comtag:blogger.com,1999:blog-32838402.post-51584548758352722642009-03-14T22:30:00.000-06:002009-03-14T22:30:00.000-06:00P M: I was against the bailout of the Big 3 only b...P M: I was against the bailout of the Big 3 only because Chapter 11 would have placed a fence of federal protection against creditors. It would have forced the managements to come up with a viable plan of reorganization. Instead, they have burned through that money with no reforms. Ford is an exception. I cannot help but feel bitter at what every Administration (Democrat & Republican) did to Pan Am from 1968forward. Even after 1978's deregulation, they were denied domestic routes and there was no bail out. What I would like to see in the current bail out is a line item of every funded idea. I believe therein lies some serious issues. See if you agree? Great post!Anonymoushttps://www.blogger.com/profile/16539850495318868267noreply@blogger.com