Word: driving
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...middle class, Henry. In the throes of the biggest auto swoon since 1931, the headmen of Detroit go hat in hand to Washington to try to keep their once mighty industry upright for a couple of months and are treated as if they had invented the four-wheel-drive subprime mortgage. AIG torpedoes the entire economy and gets a $150 billion handout; Citigroup takes risks no sane manufacturing company would even contemplate and is rewarded with a $20 billion federal bailout. And the car guys...
...drove hybrid or fuel-cell vehicles from Detroit, in stark contrast to the corporate jets all three arrived in last month. Senator Richard Shelby of Alabama, the top Republican on the panel and a fierce opponent of giving them any aid, grilled them on their road trips. "Did you drive? Did you have a driver?" he pressed. "Do you plan on driving back...
...rich countries - kids whose mothers return to work before their children are of school age; kids who spend long days with Filipina nannies as surrogate mothers. Few children - rich or poor, in whichever country - prefer gifts and toys to the presence of their mothers. In both cases, the mothers' drive to provide for their offspring financially seems to avoid the simplest of facts: parenting cannot be outsourced. Juliet Linley, Rome...
...surprised to read that Detroit needs a huge loan to create new fuel-efficient models. Both Ford and General Motors have an excellent range of fuel-efficient models in their overseas car plants, so all Detroit has to do is to apply their overseas expertise in the U.S. I drive a 1.2-liter Opel Corsa (made in Germany) and our second car is a 0.8-liter Chevrolet Matiz (made in Korea). These cars aren't "gas guzzlers." Jan Nieuwenhuizen, DORDRECHT, NETHERLANDS...
...mothers return to work before their children are of school-going age; kids who spend long days with Filipina nannies as "surrogate mothers." Few children - rich or poor, in whichever corner of the globe - prefer gifts and toys to the presence of their mothers. In both cases, the mothers' drive to provide for their offspring financially seems to avoid the simplest of facts: parenting cannot be outsourced. Juliet Linley, ROME...