Word: lowes
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...list presented to GM by the President's auto task force is stark and steep: shrink labor costs, including retiree health-care expenses; slash debt; kill or sell low-performing brands; and reduce the number of models for sale and the number of dealers selling them. Should GM, the United Auto Workers (UAW) and the company's bondholders fail to figure out how to execute those tasks by June 1, the government will usher GM into bankruptcy, which could lead to its breakup into "good" and "bad" subsidiaries. The bad would be sold for parts...
...expectations for the G-20 meeting are so low that a great deal of positive action may come out of it, depending on whether the analysts looking at the agreements that think that regulation and stimulus are the tonics for the global recession...
...issue of protectionism is a good deal more tricky. The leaders will make a good show of keeping trade barriers low, but if the economy keep getting worse. the reality may not match the talk. The US government, although it is considered more liberal on trade than almost any country in the world, may be pushed in the direction of restricting commerce with other nations if the other nations act first. Obama faces the problem of having a Congress which will generally support him. But, when a Representative's district is losing jobs because of the dumping of Japanese steel...
When Flores' station failed to make mission, his superiors ordered him to attend what the Army calls "low-production training" in Houston on Saturday, Aug. 2. "When you're getting home at 11 and getting up at 4, it's tough, but it's the dressing down that really got to him," says a recruiter who worked alongside Flores. "They had him crying like a kid in the office, telling him he was no good and that they were going to pull his stripes...
...report found that morale was particularly low in the Houston battalion. Its top officer and enlisted member - Lieut. Colonel Toimu Reeves and Command Sergeant Major Cheryl Broussard - are no longer with the unit. (He left for another post in USAREC; she was removed from her post until an investigation into her role is finished, and she is working in the San Antonio Recruiting Battalion...