surely, the story is the mortgage crisis..fannie and freddie mac and what it has done to the working class. who are subject now to massive layoffs ..while bank executives still walk away with millions of dollars..
People who haven't much say over government policy and do not get to vote in the legislatures, are the most likely to get laid off. They are the ones whose property taxes are likely to rise. They pay more for food and gas. If they are working, they do not get raises they deserve. We watch our pension funds disappear and health insurance premiums rise. Those guys in Washington are still traveling around in their million dollar jets, wearing five thousand dollar suits and inaugural dresses,publishing lucrative memoirs and giving sold-out lectures on all the problems they neglected to solve. CEO's from GM and American Motors collect million dollar salaries; money that could have performed the research for energy-efficient cars. If you want to ruin America for all of us, put these greedy guys in power;whatever cuts/taxes have to made starts with billionaires who still have money to pay them.
these salaries are exorbitant......in a time when people are losing homes, jobs and life savings, these exorbitant salaries only represent the GREED that is prevalent throughout the government and private sector..we all must pay higher taxes and higher prices to pay for these higher salaries..it is robbery, pure and simple, of the working class and the poor... and what is more, they do not think they should have to pay taxes on those exorbitant salaries!!??!!!
who are you kidding..schenectady has little to offer..no jobs..so many.companies have left...not everybody wants to work at Mcdonalds ..downtown is quiet as a tomb most of the time...the property taxes in schenectady and niskayuna and troy won't attract anybody...you can't go out safely after nine o'clock at night..
there are too many inaccurate comparisions between the immigration waves of the past and those of the present. ..today's immigrants are very expensive to support,entire families and extended families as well are financially sustained and educated, all at public expense.Language, literacy and citizenship is given free of charge. communities already hard put to take care of their resident populations must take care of more... people expect to live with adequate housing and automobiles as well as the necessaries of life... all at great expense.... my grandfather arrived from england in the mid 1800s.. he went right to work....no welfare, no food stamps, mo medcaid, and certainly no college education was given to him.he could not afford to own his own home....it took three generations of hard work until my brothers could go to college...immigrants can receive far too much too soon..many Americans already living here in this country are not given as much.
most people that apply for welfare go there because they have no JOB...JOB....JOB.....NO EMPLOYMENT.....schenectady for the millionth time, is NOT attracting enough employers ...so many have left.... is it necessary to fire off rockets to get the leaders attention??? everyone has been saying this for years and years and while some companies have come here,think of all the companies that have left.....what a joke!
Metroplex is the only trough to feed from because Schenectady has not attracted and kept jobs..it's tax base is nothing to be proud of...many people figured out that Schenectady had nothing much to offer besides NYC refugees(50% of the county receives welfare benefits BTW), very few well-paying jobs in side the city proper,higher property taxes and lowered income/tax revenue from commercial and industrial concerns...Schenectady exists for a few well-heeled politicians and government workers,millionaire contractors and a few remaining chain stores...Metroplex has carried monied people for a very long time, while the city continues to economically deteriorate.
Posted on December 22 at 6:14 p.m. (Suggest removal)
surely, the story is the mortgage crisis..fannie and freddie mac and what it has done to the working class.
who are subject now to massive layoffs ..while bank executives still walk away with millions of dollars..
On What was the top local news story of 2008?