[UCGal]

But small businesses in the wrong sector will fail.

My husband works for a small business. It’s gone from 17 full time employees a year ago. Today they have 5 part time employees. Mandatory part time. Why? Not because they aren’t good at what they do – but because they’re in the wrong sector. They’re architects who do non-residential work… NO ONE is hiring architects to build new commercial buildings, hospitals, schools, etc. Very few tenant fit-outs happening right now. Companies are cutting costs – including on facility improvements. No one is investing in new construction. The AIAA has been reporting the decline in billable hours for a while now.

Unless you start or continue a small business in a sector that has potential short term growth, tax cuts aren’t going to help.

Most people who start a business do so in an industry or sector that they have the skills for. When things are good – service industries grow and thrive, even for less educated business owners… you can start a home cleaning business, or personal shopping, etc. But that doesn’t work if everyone is cutting back and counting pennies.

Being a small business isn’t enough to guarantee success.

[UCGal]

But small businesses in the wrong sector will fail.

My husband works for a small business. It’s gone from 17 full time employees a year ago. Today they have 5 part time employees. Mandatory part time. Why? Not because they aren’t good at what they do – but because they’re in the wrong sector. They’re architects who do non-residential work… NO ONE is hiring architects to build new commercial buildings, hospitals, schools, etc. Very few tenant fit-outs happening right now. Companies are cutting costs – including on facility improvements. No one is investing in new construction. The AIAA has been reporting the decline in billable hours for a while now.

Unless you start or continue a small business in a sector that has potential short term growth, tax cuts aren’t going to help.

Most people who start a business do so in an industry or sector that they have the skills for. When things are good – service industries grow and thrive, even for less educated business owners… you can start a home cleaning business, or personal shopping, etc. But that doesn’t work if everyone is cutting back and counting pennies.

Being a small business isn’t enough to guarantee success.

[UCGal]

But small businesses in the wrong sector will fail.

My husband works for a small business. It’s gone from 17 full time employees a year ago. Today they have 5 part time employees. Mandatory part time. Why? Not because they aren’t good at what they do – but because they’re in the wrong sector. They’re architects who do non-residential work… NO ONE is hiring architects to build new commercial buildings, hospitals, schools, etc. Very few tenant fit-outs happening right now. Companies are cutting costs – including on facility improvements. No one is investing in new construction. The AIAA has been reporting the decline in billable hours for a while now.

Unless you start or continue a small business in a sector that has potential short term growth, tax cuts aren’t going to help.

Most people who start a business do so in an industry or sector that they have the skills for. When things are good – service industries grow and thrive, even for less educated business owners… you can start a home cleaning business, or personal shopping, etc. But that doesn’t work if everyone is cutting back and counting pennies.

Being a small business isn’t enough to guarantee success.

[UCGal]

The big 3’s pension/legacy expenses aren’t limited to the union workers. I think I’ve posted this link before – it’s to a WSJ article from 2006 that showed that the big underfunding of pensions isn’t for the workers – it’s for the exec’s pensions.

http://www.post-gazette.com/pg/06177/701286-28.stm

I’d also like to point out that whether there is a bailout or not – jobs will be lost. A lot of them. With a bailout, they’ll still need to trim the workforce, shut some of the factory lines… that means auto workers and parts makers, etc will all be losing their jobs in large numbers. So throwing taxpayer money at it won’t save the industry – jobs are going to be lost.

Third point. Chrysler. We are we considering giving money to a company that is owned by a private equity company. They bought it last year. Theoretically, they knew what they bought. It’s not worth that much, relative to the other two – but there they are – with their hands out – looking for tax dollars. Cerberus has conceded they’d give up their profits if the bailout allows them to sell off Chrysler. Gee… nice of them. Why should they get a profit if they *need* government bailouts.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a.NioiQj4nnA&refer=home

I watched a lot of the testimony yesterday and today. One of the representatives, don’t remember which, had a telling point – he held up pictures of GM cars – announced their model name and where they were built – Canada, Mexico, Europe, etc.

[UCGal]

The big 3’s pension/legacy expenses aren’t limited to the union workers. I think I’ve posted this link before – it’s to a WSJ article from 2006 that showed that the big underfunding of pensions isn’t for the workers – it’s for the exec’s pensions.

http://www.post-gazette.com/pg/06177/701286-28.stm

I’d also like to point out that whether there is a bailout or not – jobs will be lost. A lot of them. With a bailout, they’ll still need to trim the workforce, shut some of the factory lines… that means auto workers and parts makers, etc will all be losing their jobs in large numbers. So throwing taxpayer money at it won’t save the industry – jobs are going to be lost.

Third point. Chrysler. We are we considering giving money to a company that is owned by a private equity company. They bought it last year. Theoretically, they knew what they bought. It’s not worth that much, relative to the other two – but there they are – with their hands out – looking for tax dollars. Cerberus has conceded they’d give up their profits if the bailout allows them to sell off Chrysler. Gee… nice of them. Why should they get a profit if they *need* government bailouts.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a.NioiQj4nnA&refer=home

I watched a lot of the testimony yesterday and today. One of the representatives, don’t remember which, had a telling point – he held up pictures of GM cars – announced their model name and where they were built – Canada, Mexico, Europe, etc.

[UCGal]

The big 3’s pension/legacy expenses aren’t limited to the union workers. I think I’ve posted this link before – it’s to a WSJ article from 2006 that showed that the big underfunding of pensions isn’t for the workers – it’s for the exec’s pensions.

http://www.post-gazette.com/pg/06177/701286-28.stm

I’d also like to point out that whether there is a bailout or not – jobs will be lost. A lot of them. With a bailout, they’ll still need to trim the workforce, shut some of the factory lines… that means auto workers and parts makers, etc will all be losing their jobs in large numbers. So throwing taxpayer money at it won’t save the industry – jobs are going to be lost.

Third point. Chrysler. We are we considering giving money to a company that is owned by a private equity company. They bought it last year. Theoretically, they knew what they bought. It’s not worth that much, relative to the other two – but there they are – with their hands out – looking for tax dollars. Cerberus has conceded they’d give up their profits if the bailout allows them to sell off Chrysler. Gee… nice of them. Why should they get a profit if they *need* government bailouts.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a.NioiQj4nnA&refer=home

I watched a lot of the testimony yesterday and today. One of the representatives, don’t remember which, had a telling point – he held up pictures of GM cars – announced their model name and where they were built – Canada, Mexico, Europe, etc.

[UCGal]

The big 3’s pension/legacy expenses aren’t limited to the union workers. I think I’ve posted this link before – it’s to a WSJ article from 2006 that showed that the big underfunding of pensions isn’t for the workers – it’s for the exec’s pensions.

http://www.post-gazette.com/pg/06177/701286-28.stm

I’d also like to point out that whether there is a bailout or not – jobs will be lost. A lot of them. With a bailout, they’ll still need to trim the workforce, shut some of the factory lines… that means auto workers and parts makers, etc will all be losing their jobs in large numbers. So throwing taxpayer money at it won’t save the industry – jobs are going to be lost.

Third point. Chrysler. We are we considering giving money to a company that is owned by a private equity company. They bought it last year. Theoretically, they knew what they bought. It’s not worth that much, relative to the other two – but there they are – with their hands out – looking for tax dollars. Cerberus has conceded they’d give up their profits if the bailout allows them to sell off Chrysler. Gee… nice of them. Why should they get a profit if they *need* government bailouts.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a.NioiQj4nnA&refer=home

I watched a lot of the testimony yesterday and today. One of the representatives, don’t remember which, had a telling point – he held up pictures of GM cars – announced their model name and where they were built – Canada, Mexico, Europe, etc.

[UCGal]

The big 3’s pension/legacy expenses aren’t limited to the union workers. I think I’ve posted this link before – it’s to a WSJ article from 2006 that showed that the big underfunding of pensions isn’t for the workers – it’s for the exec’s pensions.

http://www.post-gazette.com/pg/06177/701286-28.stm

I’d also like to point out that whether there is a bailout or not – jobs will be lost. A lot of them. With a bailout, they’ll still need to trim the workforce, shut some of the factory lines… that means auto workers and parts makers, etc will all be losing their jobs in large numbers. So throwing taxpayer money at it won’t save the industry – jobs are going to be lost.

Third point. Chrysler. We are we considering giving money to a company that is owned by a private equity company. They bought it last year. Theoretically, they knew what they bought. It’s not worth that much, relative to the other two – but there they are – with their hands out – looking for tax dollars. Cerberus has conceded they’d give up their profits if the bailout allows them to sell off Chrysler. Gee… nice of them. Why should they get a profit if they *need* government bailouts.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a.NioiQj4nnA&refer=home

I watched a lot of the testimony yesterday and today. One of the representatives, don’t remember which, had a telling point – he held up pictures of GM cars – announced their model name and where they were built – Canada, Mexico, Europe, etc.

[UCGal]

Judging by my friends house – you can hear 52 – but in the background… It’s worse at the bottom of the street.

The lot is HUGE… but how much is useable? It’s a deep/steep canyon.

[UCGal]

Judging by my friends house – you can hear 52 – but in the background… It’s worse at the bottom of the street.

The lot is HUGE… but how much is useable? It’s a deep/steep canyon.

[UCGal]

Judging by my friends house – you can hear 52 – but in the background… It’s worse at the bottom of the street.

The lot is HUGE… but how much is useable? It’s a deep/steep canyon.

[UCGal]

Judging by my friends house – you can hear 52 – but in the background… It’s worse at the bottom of the street.

The lot is HUGE… but how much is useable? It’s a deep/steep canyon.

[UCGal]

Judging by my friends house – you can hear 52 – but in the background… It’s worse at the bottom of the street.

The lot is HUGE… but how much is useable? It’s a deep/steep canyon.

[UCGal]

[quote=urbanrealtor]pending as of yesterday

No public info and I have not called the listing agent.[/quote]

Thanks. My friends noticed the for sale sign was down, and I noticed what looked like buyers/new owners there this weekend.

I didn’t know if there was a publicaly available way to find out the status.

[UCGal]

[quote=urbanrealtor]pending as of yesterday

No public info and I have not called the listing agent.[/quote]

Thanks. My friends noticed the for sale sign was down, and I noticed what looked like buyers/new owners there this weekend.

I didn’t know if there was a publicaly available way to find out the status.

[Author]

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