Word: federales
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The deal, which prevents German taxpayers' money from disappearing into the GM's all but empty coffers in the U.S., was a lifeline few Germans had expected. In the past, Chancellor Angela Merkel's conservative CDU party has steered clear of state intervention in the economy. But as the global...
The challenge is finding the funding to implement such schemes. In America's health system, there are few financial incentives for providers to take proactive measures to keep people healthy: the longer and more extensively a doctor or hospital treats a patient, the more income they recoup. That's why...
Of course, Schiff isn't mainstream. His father Irwin decided in the 1970s that the federal income tax was unconstitutional and has spent the years since shuttling between courtrooms and prisons. Schiff's parents divorced when he was 5, and he was raised by his mother. But it was his...
? In 1971, Newt Heisley, 88, submitted his stark design for the flag used to memorialize prisoners of war and soldiers who have gone missing in action. Bearing the inscription "You are not forgotten," it still flies from federal buildings on occasions like Memorial Day and Veterans Day.
Chrysler has only 78,000 retirees, compared with GM's army of 377,000, but the financials don't line up any better for its VEBA, which has only $1.6 billion in cash - a fact that is already raising anxiety inside the union. Chrysler is expected to get $6 billion...