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...audacity of deficit spending. By the time taxpayers are done cleaning up the books of the two companies and refilling their tanks with enough cash to keep them going - along with their finance arm, GMAC, and their key suppliers - the public price tag will exceed $100 billion. Add billions more in subsidies for researching and developing green technology and still more billions in tax credits to motivate buyers to go green. If someday GM and Chrysler become consistently profitable, the government loans will be repaid and both companies restored to total private control. The operative word being...
...Rattner and another financier, Ron Bloom, to lead his auto task force, he instructed them to "treat these transactions in a commercial manner." That is to say, restructure the companies in a way that makes good business sense. The "commercial" mantra proved fleeting. The first imperative of commerce - to add value and thus earn profits - is too narrow to host all the civic expectations attached to the auto industry. If GM's only task were to make money, the company would shutter its car factories (or move them to low-cost countries) and churn out light trucks...
...Americans die each year as a result of a fall, but far more - approximately 3 million - are injured. Falls not only cause physical injuries, such as hip fractures and organ damage, but also often lead to patients' loss of independence. And the costs to treat such outcomes add up quickly. Direct costs for medical care related to falls exceed $20 billion annually, according to data published by the Centers for Disease Control and Prevention in 2006. "By employing effective interventions, we can appreciably decrease the incidence of fall-related injuries, improve the health and quality of life of older adults...
...Then add the rest of the corn syrup...
...Add a few ounces of Photo...