AP - Republican Sen. John McCain on Tuesday called for a summer-long suspension of the federal gasoline tax and several tax cuts as the likely presidential nominee sought to stem the public's pain from a troubled economy.

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Reuters - Bets on a U.S. housing crisis earned hedge fund manager John Paulson $3.7 billion in 2007, ahead of industry legend George Soros and 2006's highest-paid manager James Simons, according to Alpha Magazine.

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7) Tell the employee what happens next. This makes it hard to discover exactly who is causing the problem, which is exactly what a bad employee wants. Hold a Meeting: If the lay off affects many company personnel, you might announce the reorganization to the entire staff at once. Additionally, an employee termination form will assist you make the final meeting go smoothly. If a worker has taken too many sick days or repeatedly failed to call in, management should have documented counseling sessions and warning notices to the employee. If the jobholder fails to upgrade as the result of escalating discipline, you'll have built a sufficient case to fire the jobholder without risk of facing a legal action. 7) Inform the employee, if he retaliates or threatens any of the corroborators, you'll terminate him right away. * Name of firm contact individual as well as phone number.

Date (This is especially important since the firing will begin immediately). For example, you don't want to mention phrases like, "female problems" or "midlife crisis." This also points to illegal reasoning for the warnings. If you manage a firm of any size, you shouldn't layoff someone for an improper reason whenever possible. When you must fire an employee, you need a guide to be sure of following all laws and state and federal Labor Department rules. In some industries, employees must perform specific and measurable quantities of work daily; in other workplaces, personnel must produce good quality results on schedule. Worker terminations are stressful for both the manager and the employee. Further, the unsafe actions of the jobholder can also lead to other workers being injured.