On Protesters greet bishop in Janesville
Posted on March 15 at 10:09 a.m. ( Suggest removal )
This discussion is hilarious. If one does not want to be a Catholic, quit being one. I saw the hypocrisy in the Catholic church already in the second grade when I was taught in a Catholic grade school. I remember raising my hand and asking "Sister Celeste" to run that theory of the trinity by me one more time. A mystery. LOL! Even a second grader saw through that. I learned many years ago --- Falsehood can have a little truth mixed in but truth can have no falsehood. God has spelled out how he wants to be worshipped. Problem is so many don't get it and certainly the turmoil in the Catholic church should wake a few people up.
On Darien could vote Monday on police chief
Posted on February 15 at 10:01 a.m. ( Suggest removal )
Wonder if there is any conflict of interest seeing the acting police chief and the board president dining out at the West Wind Diner yesterday.
On Defeat of bailout frustrates UAW members
Posted on December 13 at 2:03 p.m. ( Suggest removal )
The matter is just a simple math problem. GM says its costs are $69 an hour and they need to get to $48. If 30% of their workforce is laid off on average for changeovers or reduction in production. Cut out paying for people who don't work. $69 x 70% = $48.30. Voila! No company can afford to pay people for doing nothing. No other industries when they lay people off continue to pay them. All those in our community are whining but if you are a GM worker why are you complaining still getting 90% of your pay? That is where the UAW needs to give in. If they do that they will almost be there with the concessions needed.
On Local credit union announces moratorium on foreclosures
Posted on November 27 at 11:17 a.m. ( Suggest removal )
There are some who have posted on this news item that truly do not have a clue, like piznat. Blackhawk has never had a reputation of risky lending nor do they have sub-prime mortgage products. Having worked in the financial field my entire life, one realizes that lending is a gamble on the odds of all of life's circumstances. Lending too tight will cause an institution to lose a lot of good business, too loose and there can be tremendous losses. That is what we see now with the entire economy. The non financial people in DC decided to delve into an arena they knew nothing about which brought about a field day for the sub-prime originators. This "loose lending" finally caught up with those who delved into that market. Problem is it spiraled into the morass we see with the whole economy and affected quality lenders like Blackhawk. The loans were good but the economy and things like the closing of GM which has affected the whole Rock county area take some of the good people down. The article and the news item on NBC 15 from Madison explained that this moratorium probably just helped less than a dozen families right now. For an institution like Blackhawk who boasts over 30000 members and has served the Janesville area for over 40 years, a few foreclosures mentioned in the news story does not constitute "delving into risky mortgages" (piznat)or blaming it on an underwriter again shows no clue by piznat. If underwriters had crystal balls and could foresee every event that is going to happen to people, there would be no problems but then again a lot fewer people would own homes nor investments to allow others to rent them. I agree with chazzy that what has happened does not paint the individual nor the underwriter as irresponsible nor neglectful. Life altering events like death, divorce or loss of job or income are events that are unpredictable. These things are part of the gamble that financial institutions factor into their decision making but it is not factored into an individual decision but rather in the pricing of the product knowing that a certain percentage will go bad. I have to take my hat off to Blackhawk for wanting to work with those who might still have enough ability to perform on some type of an altered program. For the rest of us who pay our mortgage on time, yes, we may not get the same new terms but we benefit when fewer homes do not go on the market as bank owned and drag down the value of our investments.
On Local GM workers hope for a bailout
Posted on November 23 at 4:49 p.m. ( Suggest removal )
All the unions need to take about a 50% cut in wages and benefits and truly be on unemployment rather than the subpay and a unempolyment check that says looking for another job is waived. The bail out may be a loan but even banks and other institutions don't make loans to companies that are mismanaged or held hostage by their employees asking for money for doing nothing. Business loans are not made to companies who are essentially bankrupt already on paper. With the benefits given to the laid off workers, there is no incentive for them to get off their duff and look for work or be entrepenuerial and start their own business. That type of an attitude would do more for the economy than sitting waiting for the handout everyweek.
On Walworth Co. tax levy up 9.3 percent; Increase is largest in southeastern Wisconsin
Posted on August 18 at 10:31 a.m. ( Suggest removal )
If the reason the overall taxes is going up is shifting the payment of special education from the county coffers to the schools budget, someone is using smoke and mirrors. Both of these items are included in our tax bills. Reducing one agency's need to pay it and moving it to another agency should have a net zero effect!!! Give us a better excuse instead of using such a lame explanation and shoving the blame on the school district!
Posted on June 13 at 4:32 p.m. ( Suggest removal )
Too bad the Delavan police, the sheriff's department nor Anchor notified any of the other financial institutions in Delavan.
On County businesses anticipate adjustments in wake of GM announcement
Posted on June 5 at 11:38 a.m. ( Suggest removal )
Interesting article.
Weathering through this storm is a massive undertaking but not impossible.
When I lived in Sacramento, we went through the closure of 3 military bases that employed in excess of 35000 people. The downsizing and closure took place over 5 years.
Many put there head in the sand and tried to deny it. Others put their minds to moving through it.
When it was over the community was better off not having so many eggs in just a few baskets. New businesses and entrepreneurs flourished. New jobs were created. There will be pains for many as we go through this. Unemployment in a family is occurring at a 100% rate when something like this takes place and it is real. Our hearts go out to those affected in that way and we need to reach out with a helping hand. But, also, we all need to be positive in managing through this whether it be on an individual or business level.
Let's all stay positive and be proactive. Waiting for a knight on a white horse to solve this can be a long wait. Better to saddle up ourselves and manage through it.
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On Swine flu spreads through area
Posted on October 22 at 11:55 a.m. ( Suggest removal )
If you die from the disease, the last I checked that, too, resulted in permanent paralysis!