Word: collars
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...taking place between GM and Chrysler, which is controlled by the New York private equity firm of Cerberus. Any GM/Chrysler merger would very likely involve what amounts to battlefield surgery, requiring the traumatic amputation of several factories, hundreds of dealerships across the country and thousands of blue and white collar jobs. GM, which has been fighting rumors of bankruptcy since mid-summer, has had a hard time lining up the financing that would be needed for any deal with Chrysler, even though the U.S.Congress recently approved $25 billion in loan guarantees. In the meantime, GM is going through about...
Things got even worse this week. Chrysler, citing the lack of financing for car sales, announced that it was chopping 25% of its white collar work force, about 5,000 people, and a like number of contract workers. "These are truly unimaginable times for our industry," said CEO Robert Nardelli in the statement. "We continue to be in the most difficult economic period most of us can remember." GM boss Rick Wagoner told employees in an Email that the company has to make more cuts and urged anyone on the retirement fence to get off it and go, since buyout...
Which is not to say that Palin is any less real than Obama either. But she represents a kind of life--well-paid blue collar folks living close to the land--that has become rare and far removed from the American median. An �lite, if you will...
...over time become the primary engine of development. Angelides notes that between now and 2030, 75 percent of the buildings in the U.S. will either be new or substantially rehabilitated. Why not make them solar? Why not hire those unemployed due to housing crisis to build them? Blue-collar “Joe Construction Workers” can transform into a green-collar heroes...
...Green-collar movements in the United States and the United Kingdom, vernacular architecture in India, and the harnessing of the Amazon all are vested in the new idea that growth and conservation are not mutually exclusive terms. It’s paramount to recognizing that CPE is a complete reversal of the old way of thinking. It combats both “neo-liberal” corporate executives and overly protectionist environmental activists trying to bootstrap a green revolution...