Word: lowerers
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...billion congressional bailout for Chrysler and GM, they gave their constituents something just as valuable as pork: some regional self-esteem, if not outright revenge. The Big Three automakers, Shelby insisted last week, "have basically failed" because of their bloated, rigid and outdated manufacturing methods, while the South's lower costs and more flexible management schemes are the new exemplar...
...auto employees extol the union-free, right-to-work rules of their states, the truth is that they might still be earning the basement-level wages of a Mississippi textile worker today if the UAW hadn't leaned on the likes of Mercedes in Washington. "Mercedes wanted a much lower pay scale when it arrived here," says Cashman, who notes that veteran southern autoworkers now earn "only fractionally less" than the average $27 an hour for Detroit workers (and often end up with more, thanks to the foreign car companies' bonus systems). "If not for the UAW pressure, the starting...
...prices began to fall in late summer, after gas topped $4 a gallon, and the drumbeat of bad economic news has sent them ever lower. "Prices got to an insane level," Texas economist M. Ray Perryman says, "but they are equally insane now." With the price of a barrel of oil hovering in the $45 range and natural gas cut in half from a high of $14 per thousand cubic feet, the domestic energy sector is now at a critical "tipping point," Perryman says. If prices dip lower, he adds, the pace of the slowdown will quicken as domestic...
Despite Friday's move, currency experts say that the yen could possibly climb to 85, which could trigger direct government intervention to halt the rise. Upon speculation that the lower 80s could be reached within weeks, Japan's Finance Minister Shoichi Nakagawa confirmed Thursday that Japan was prepared to intervene and sell the yen, something the Japanese government has not done since March...
...Amnesty puts it, one of the biggest problems concerning Taser use is that threshold for when to use potentially harmful force becomes much lower when a stun gun is optional. Law enforcement officials may begin to believe that since they are not pulling a gun or using a baton, the potential for serious harm is mitigated. Another issue is simple miscommunication - police officers may use Tasers on those suffering from medical or mental conditions when no danger is actually being presented to the officer. The reports weaves a web of unnecessary deaths. There appears to be no definitive...