Louis Christina

$10 an Hour Pay Gap = Billions of Extra Dollars a Year

2008 Harbour report,"Toyota Motor Corp. and Chrysler LLC led the industry in productivity, with each averaging 30.37 hours to fully assemble a vehicle."

Let's see 30 hours times $10.00, I come up with a $300.00 difference.

In my opinion, the aim is to make the UAW irrelevant, why pay union dues if union workers make the same as the workers that don't pay UAW dues.

In the event that the Southern Senators win and kill off the UAW, Toyota factory workers will soon be kissing that $45.00 per hour rate goodbye, there is no doubt in my mind that the Toyota workers know what will happen to their wages if the UAW fails.

Let's Use the 30-Year Treasury Bond to Reignite the Mortgage Market

What would be wrong with anyone and everyone being able to apply for a lower interest rate loan? During the eighties, I thought for a long time that if we could market 10% fixed loans, I would be on easy street, I guess it's just relative to the era, the reaction I often get when I bring up the subject of 3.5% fixed rates, is why should we offer that low of a rate, as if it's a government give away, it's not. If an investor can earn more, if the Treasury instrument is going to used to fund mortgages, why not?


On Dec 17 12:06 AM RatWatcher wrote:

> 'By doing this we would be getting mortgage money to those who need
> and qualify for it at record low rates.'
>
> Sounded good up to the word 'need'. Everyone would like this loan....who
> 'needs' one? Only those who over-reached? Only those actually in
> foreclosure or on the brink? Or is it only for new purchases?
> Who determines the winners?

Let's Use the 30-Year Treasury Bond to Reignite the Mortgage Market

I have been trying to promote this idea on Change.org, it's the single best thing the government could do to help the economy.
You can see my outline below and see how this would affect mortgage payments.

www.change.org/ideas/v...