Word: wouldn
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...Merkel's government announced it would bankroll the Magna bid in May, pledging $2.1 billion as a bridge loan to keep Opel afloat, as well as $4 billion in future loan guarantees. The German government also made it clear it wouldn't stump cash for any other bidder. Some politicians accused Merkel of "blackmail" and warned that her government's support for Magna could backfire. Initially, GM had serious reservations about Magna's offer and seemed to favor a rival bid by the Belgian-based investor, RHJ International. One GM official said RHJ's offer was "simple and elegant...
...Still, even the chancellor admitted the "new beginning wouldn't be easy." Under the deal, Magna and Sberbank will own 55% of the "New Opel", GM will keep 35% and the company's workers will take a 10% stake. GM's chief negotiator John Smith, who flew in from Detroit for a Berlin news conference, said Magna had come up with the best offer. "Magna has a great manufacturing culture and it enjoys the support of German labour unions, and the funding is there. It makes sense," said Smith. But he also warned of job-cuts. Magna's bid outlined...
...example, I've been talking to my science advisor, John Holdren, about how we can really tap into businesses to improve science and technology and math education. And I am willing to bet that there isn't a high-tech company out there - Google, Microsoft, what have you - that wouldn't love to sponsor young people - and young girls in particular, who oftentimes are left out of the conversation on math and science education - to really boost them...
Service does that. It puts you in a set of conversations with people that you otherwise wouldn't talk to. One of the things that I loved most about the campaign was going to Iowa and going door to door and sitting at people's kitchens talking to them in small settings about life and sharing dreams and our stories. That's what service does. It's, you know, that's the indirect but very important outcome of community service is that it forces us out of our comfort zones and into one another's lives in a series...
...with a general election looming next spring, there may be little chance that even softer cost-control measures such as those will be implemented, according to Appleby, who says the NHS is one of Britain's sacred cows. "Politicians know the NHS is incredibly popular, so they wouldn't dare propose cuts this close to an election, even though debt will eventually force the government to either raise taxes or cut public services or both," he says. The incumbent Labour Party has already been projecting itself as the party that saved the NHS from years of neglect under Margaret Thatcher...