Word: pitting
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...trucks were sold.) General Motor's Wagoner and Chrysler's Nardelli made it pretty clear that without a government bridge loan - $12 billion in GM's case, $7 or $8 billion for Chrysler - there isn't going to be a 2010 for these companies, at least not without a pit stop in bankruptcy. Chrysler ended its third quarter with $6.1 billion in cash - but it's burning through $1 billion a month. Without federal money, Nardelli told the Senate Committee on Banking, Housing and Urban Affairs, "we become dangerously close to minimum liquidity level by the end of the year...
...deal in store for these four acts. The winners will also advance to another of competition in the spring, according to Caitlin V. Crump ’10, general manager of Veritas Records.The winners of the fall round automatically qualify for the spring Battle of the Bands, which will pit acts from eight different schools in Rock Hard, a competition run in a joint venture between Veritas Records and Rolling Stone magazine. MTV will host news spots in the spring battle, which will span five night clubs and two and a half months. Crump said the winners were chosen based...
...Ecological sanitation, as this call to arms is known in toilet circles, is already up and running in many spots around the world. In rural China, 15.4 million homes convert methane into power from what normally went down the pit behind the house. Household waste is stored in a state-subsidized "digester," a kind of metal stomach that breaks down the matter and releases methane gas which is trapped for reuse. In the French city of Lille, a small fleet of ten buses are also using methane, gleaned from the city's poop. And in some Indian villages, simple latrines...
...Right now, Tucker argues, most American teenagers slide through high school, viewing it as a mandatory pit stop to hang out and socialize. Of those who do go to college, half attend community college. So Tucker's thinking is why not let them get started earlier? If that happened nationwide, he estimates the cost savings would add up to $60 billion a year. "All money that can be spent either on early childhood education or elsewhere," he says...
...Rahm smelled blood. He latched on like a pit bull and never let go." - Chuck Fant, press secretary for Representative John M. Spratt Jr. of South Carolina, on Emanuel's decision to attack the Bush administration for letting an Arab company manage U.S. Ports (L.A. Times, July...