Biodegradable Plastic

Drawer Slide Spacers for under mount drawer slide applications. These spacers are injection molded using a blend of biodegradable plastic. This particular spacer has an offset of 1-3/4” and is available in Black or wood fiber color. This is item number 3639 and you can request free samples at 1-800-255-4702 or you can view the item at www.eco-hardware.com

Plastic Ventilation Grills

Bainbridge Mfg., Inc. is currently overstocked with our #1970 plastic vent grills. Please contact Toni @ 800-255-4702 within the next 10 days and ask for your free samples. Or you can visit www.bainbridgemfg.com and view/download drawings and other information before making this important purchase.

Obama Ratings

President Obama needs to start reading and understanding or at least looking over information from his aides before going public with his comments. It is apparent that he is more interested in being a famous and pretty movie star type than actually making the tough decisions his job requires. Delegating ALL decisions is fine as long as the follow up research is completed before approving the decision as final. When a person of power and influence tries to force too many changes all at once based on personal opinions without being totally engulfed in each research process, the researchers and writers of these processes will become owners of the changes. Remember Nancy Pelosi and the stimulus package? If the same person tries to force too many changes all at once and wants to be engulfed in each change – the process will become so tedious that nothing will happen. Now is not the time to make so many societal changes without research and follow up because this will all implode on the Citizens of the United States. We are going be in a much worse situation when it is time to fix all of these partially implemented and unplanned changes to how our Country functions. The focus should be on fixing the banking system, not on who gets bonuses and which legal contracts should be broken because Mr. Obama’s team did not have the due diligence correct!

America Supports Socialism

Capitalist America was built on businesses running profitably with fair competition. If a business cannot survive they file bankruptcy and follow the US bankruptcy laws that US citizens voted in favor of. In todays economic crisis companies are failing because of little or no SEC regulation and/or their labor costs are too high or their products are currently not being purchased. Remember, all businesses have good times and bad! They should file for bankruptcy and work through the problem according to the law if they cannot survive. Public companies are owned by shareholders and minor shareholders are only gamblers! If you are going to gamble in the stock market, you need to have big enough britches to take the losses!

Today President Obama stated that for the failing large Public Corporations to get Government loans they need to cap CEO pay at $500,000 per year. Current CEO’s will eventually be leaving these Companies due to low pay and too much Government intervention. The incoming CEO’s will have much less industry talent and be puppets of the directors. The directors who step in will be puppets/friends of Government and will be paid the millions of dollars that the CEO’s used to be paid. This will most likely not be disclosed nor will all the perks the Government appointed friends/directors will receive. These companies will never become profitable because they will have unlimited resources – our tax money. Friends of the directors will be allowing the flow of our tax money to continue into these corporations. (AIG?) They think, unwise as it is that this is good for the economy. These government appointed corporate directors will have one motivation and that will be to compete with private industry using US Taxpayers money. They will do this to retain their influence and well paid director positions. I have never researched Socialism but it sure appears to look like Government operated and run Industry competing with private concerns.

I for one am not in favor of allowing the US Government to use my tax money to compete with private industry.

Economic Forecast

I think the "new" housing market is going to continue to drop and I do not think the "new" housing market will not return as we know it for 7 – 10 years. The house surplus will be what sells. Cabinet makers need to focus on remodeling and repairs and I think the Dow Jones will crash again down to the 6500 or 6000 range within 3 years. Bainbridge sales are down 35% and I expect a leveling off at about 50% sometime next fall as compared to 2007 average sales.
In 1929 there was a stock market crash similar to last year, there was a government stimulus package similar to now and within a year of the first drop everything tanked again. The stimulus was very temporary and did nothing much except increase Government debt. Not until WWII did the economy straighten out which was 10 years later. Its different and worse now, we have baby boomers who lost their retirement twice in 7 years and some of these people have 2 or 3 houses, which are not counted in the current housing surplus. We have insolvent banks and we are headed for a socialistic banking system driven by a new Government that is copying the depression era tactics. We do not have enough jobs to go around and more aging people are looking for work, not just because of layoffs but because of losing their retirements. Making jobs with stimulus is only temporary and is being paid for by taxes of the people left working and it will create inflation for our children. The global environment is also going to be a big factor in this period because of lost jobs and closed factories that were exporting to the USA. The USA will be needing to rebuild our manufacturing sector but cannot do this until people have the jobs and can return as consumers. This time it will be a lot harder to pull out of the downward economic spiral we are in as a Country.
Bailing out the Auto Industry was a huge blunder because it supports bad business models. The America I know allows well run businesses to survive and the poorly run businesses do not. Government intervention in business is leading us to a socialistic society which I for one, do not approve of.
Be frugal, hold your cash and pay off your debts!

#ECO1985BK Slide Glide (Earth Friendly Plastics)

The ECO1985BK (A) slide glides made from Earth Friendly Recycled Black Plastic with pine fibers and decomposing agent as additives leaves black skid marks on concrete floors. This was molded with the Type- A ECO Friendly (EF) formula. I suggest that this part with the EF A formula not be added to the Bainbridge Mfg., Inc. ECO-Hardware product line.
This product is going into testing using Type B ECO Friendly Formula that is recycled plastics and decomposing agent WITHOUT the pine fibers. I think the pine fibers are acting like pencil lead on the concrete floor.

Recession blues

Obviously keeping everyone working through this winter is impossible. We have had to layoff 30% of our staff due to low sales. Sales or low because housing starts and remodels are slow – or nonexistent in some areas of the US. The people responsible for regulating the mortgage industry should somehow be made responsible for the damage they have caused to the USA in general! A lot of people have and are being affected by this crisis both monetarily and psychologically. FRUSTRATING is what this is when so much damage can be done by so few people.
Survival mode is where we need to be until this thing clears up and people who deserve it can get credit again