Word: californiaisms
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Details of the plan are sketchy, but Ivey says the Governor favors the approach taken by California Gov. Arnold Schwarzenegger - a proposed 90-day freeze that could conceivably give struggling homeowners the ability to renegotiate their loans to more favorable terms. However, the California plan, as envisioned by Schwarzenegger, would require banks to put in place a 90-day moratorium, while Crist is said to angling for voluntary participation by banks (California's legislature has yet to approve Governor Schwarzenegger's plan.) It remains unclear whether Crist will seek or even needs legislative approval for his plan, especially...
With seven games between today and Christmas break, and with a tournament in California over vacation providing no rest for the weary, the Crimson will have to make adjustments on the fly if it wants to win more than it loses before starting Ivy play...
...each other, it's like a mini-vacation - a geographic and emotional holiday. "I lived in Seattle; he lived in San Francisco," says Aida,* a 40-year-old writer, who sometimes waited a month and a half between visits with her boyfriend. "We would meet each other on the California-Oregon border - we each had to drive six to seven hours to get there - for a long weekend of camping, hiking, drinking...
...that the VEBA trusts would protect the health care of retirees and eligible dependents for the next 80 years. However, that always depended on the health of the company. The promise is now suspect, says Stephen Diamond, an associate professor of law at Santa Clara University in California who has studied the auto-industry VEBAs. Last summer, the UAW allowed GM to defer a $1.7 billion payment to the trust. The company's next scheduled payment of $4 billion is due in December...
...assume GM must be saved in its present form? Why not merge it with another automaker? Toyota comes to mind. The two companies already jointly operate the NUMMI (New United Motor Manufacturing, Inc) facility in California, where both GM and Toyota autos are produced. Why not take that joint venture further? Stephen V. Gilmore, Charlotte, North Carolina...