Word: expections
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Chrysler and GM will force 2,000 car dealerships to close. This event has elicited a great many opinions from industry experts. The consensus is that the most damage to the car companies will come from the anxiety facing potential customers who may buy automobiles at these dealers and expect to have them serviced there. The car buyers will not want to drive long distances in order to find a dealer who sells the brand that they want. They will buy a Toyota (TM) or some other brand because they know that continued service is virtually assured. They...
...than a Burmese political dissident does. As Aung Zaw noted in the Irrawaddy, two British activists who were convicted for staging separate political protests in Burma in 1999 were both released early after serving only a fraction of their jail sentences. Good news for them. But Burmese can hardly expect the same treatment. If Suu Kyi is convicted - and Burmese courts have a frighteningly high conviction rate - few expect the Lady to taste freedom anytime soon...
...work overload,” said Vincent A. James Sr., who noted that the bid form indicated only one chef working the Tuesday dinner shift in Adams House, which regularly sees 400 students during that meal period. “I don’t know how they expect us to do this.” According to Harvard spokesman Kevin Galvin, there is ongoing dialogue between the union and the University. Tomorrow, dining hall staff and students plan to rally in Harvard Yard at 4 p.m. and 8 p.m. to protest the HUDS job cuts. —Staff...
...would place long-term spending restrictions on state government and extend already approved taxes up to two years, the voter wrote: "Why do they need a new rainy-day fund when we already have two? ... The rest of the measures are even more confusing and convoluted. How can they expect us - with our own lives to manage - to sort it all out for them?" Historically, when voters do not understand a ballot measure, it usually goes down to defeat. This is the likely outcome for Tuesday's election...
...Some market observers say they expect the rally will fizzle soon because the global economy remains in the deepest recession in decades. "It's difficult for India to live in splendid isolation while the rest of the world suffers serious economic damage," says Sanjoy Bhattacharya, a partner at Fortuna Capital, an offshore hedge fund. Tough challenges remain for India's economy, too, notes Sharma. "Just because there's been a good weekend doesn't mean you can forget all our problems of fiscal deficit and lack of infrastructure growth," he says...