Wednesday, May 6, 2009

Pay cuts, layoffs, the tribulations of the working class

Here in NC we are experiencing a recession as bad as the great depression, so saith the economist worst recession
We are one of those states that has a law that the budget must be balanced therefore our newly elected Governor Beverly Perdue has instituted pay cuts for all state employees as well as initiating non-paid furloughs.
Being one of those state workers, why the hell do we have to bear the burden, Dam don't we give enough? But Gua shouldn't you be happy you have a job and not be layed off? Yeah, but I sure don't have to be happy about having a pay cut.State workers aren't in the high paid category anyway. My creditors don't give a damn about my situation only that they get what I owe them.
The unemployment rate in NC is 10.7% higher than its ever been and at this point there is no end in sight. unemployment
Something has got to give....I guess its us the working poor.....

The credit card mess

Why is it taking so long to fix the credit card mess? These legalized loan sharks have preyed on consumers long enough. Why does the president have to get involved in order to get something done.Obama & the CEO's Obama says "The days of any time, any reason rate hikes and late fee traps have to end," Its about damn time somebody said that. We (the people) are getting screwed in all directions. The house has already passed a bill and now we are waiting on the senate, naturally the repubs have to be negotiated with, they wouldn't want us (consumers) to get too much.
Just pass the thing already and don't make us wait until next year to reap the benefits.