Word: ownership
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...found for other things," the blogger wrote. "Maybe Dad should drop his woodworking hobby and get a real job that offers health insurance rather than making people like me (also with 4 kids in a 600sf smaller house and tuition $16,000 less per kid and no commercial property ownership) pay for it in my taxes...
...dramatically on top of a sharp rock in the forested Carpathian mountains not far from the picturesque medieval Romanian town of Brasov, Bran Castle looks straight out of a fairy tale. But its beauty alone does not explain the fervor of the debate over its ownership. The myth-shrouded castle is also known as Dracula's Castle: according to legend, Vlad "The Impaler" Draculae, a local ruler known for his cruel torture methods (the story goes he liked to have his dinner while watching his opponents painfully die on a stake) used to inhabit Bran Castle. This, however, is merely...
...could say Chrysler has the red, white and blues. Despite spending nine years under German ownership, Chrysler remains the most American-focused of Detroit's Big Three automakers. The company - which was sold in August by Germany's Daimler to the private equity firm Cerberus for $7.4 billion - is more dependent upon the U.S. market than either General Motors or Ford. Only 8% of Chrysler cars are sold outside North America. While, in decades past, that may have been a sensible strategy, this concentration is increasingly a liability as U.S. market growth has slowed, and competition from imports is revving...
That may be about to change. Around the middle of next year, Indian automobile manufacturer Tata Motors intends to launch a new model that will be so inexpensive, the company hopes it will trigger a revolution in car ownership, not just in India but throughout the developing world. The planned vehicle is called the "One-Lakh Car" because, Tata says, the rear-engine, 600-cc, four-door sedan will cost a lakh, or 100,000 rupees. At current exchange rates, the sticker price would be the equivalent of about $2,500. That's $3,000 less than India's current...
Still, car ownership is likely to continue to rise in countries such as India for the same reasons that Western cities with great mass transit are bumper to bumper anyway: people buy cars for convenience and status. Kant of Tata Motors says he's sick of going to parties in India and in the West and listening to "these rich people ask about congestion and pollution and global warming. I ask them, 'Sir, will you stop using your car and start taking the bus?' People should be thanking us. Our cars are small. Let all those SUVs in America...