Word: freedly
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...auto industry? It would certainly help. Once GM sets up a VEBA, Ford will probably follow. Chrysler, which became a privately held company in August and has far fewer retirees, has so far balked. "It's not our issue," says a Chrysler official. The companies can use the freed-up cash to spend on developing and selling better cars to take on Toyota, which this year surpassed GM in sales. But that's in the long run. In the short run, funding the trust could put carmakers in a tighter cash squeeze unless they raise the money by floating stock...
Kidnappings have become more common in Afghanistan in the past year. A German engineer and four of his Afghan colleagues were kidnapped a day before the South Koreans. Earlier this month a German aid worker was kidnapped in broad daylight from outside a shop in the capital. She was freed in a police raid a few days later and government officials said her abduction was a criminal act likely motivated by money and not politics...
...subprime-caliber borrowers weren't the only takers for those notorious no-money-down, interest-only, adjustable-rate mortgages. Purchasers with high credit scores, who could have qualified for the standard 30-year mortgages, were also enticed by the exotic loans because they offered substantial initial tax deductions and freed up cash for other big-ticket purchases. "Why pull your money out of the bank for a down payment when someone is willing to give you all the money and structure payments that initially are significantly lower?" asks Johnson. With home values increasing by double digits annually, "people began buying...
...Libyan leader Muammar Ghaddafi to visit the country - probably as an additional stop, on Wednesday, to an Africa trip Sarkozy had set to begin upon Thursday. But Elysée officials have since confided it would be unseemly for Sarkozy to meet Ghaddafi before the six Bulgarian nations were freed, raising expectations that Madame Sarkozy and the French presidential jet still present in Libya were set to fly the medics out by day's end Tuesday. French officials refused to comment, but did say they felt confident "this painful affair may finally be over quite soon...
...Accio charm to be ridiculously useful, to the point where it's implausible even by magical standards - "Accio Hagrid" indeed! The house-elves are strangely overpowered too: they can, for example, apparate in and out of Hogwarts, a fact that Rowling notes but doesn't really explain. With Dobby freed from his servitude to wizardkind, one wonders why he isn't running the planet...