Word: plan
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...Read "Treasury's Plan for Mortgage Rates Could Be Costly...
...late 2005, workers at Ford came within a few dozen votes of scuttling a plan that offered the company relief from skyrocketing health-care costs by raising co-pays and deductibles. At Chrysler, the same cuts never came to a vote because the union's Chrysler council, which is made up of top local union officers, opposed the cuts even though the union board had recommend approval...
...Intense opposition from ordinary union members also delayed for several months a settlement with the bankrupt Delphi Corp., the component maker spun off by GM. The tussle with the union contributed significantly to Delphi's inability to put together a plan to emerge from bankruptcy ahead of the credit crunch...
...nothing surprising about what happened at Wal-Mart. It was reminiscent of many tragedies that have come before, at soccer stadiums, concerts and Ikea stores, which only makes it more awful. "We know exactly how crowds work," says G. Keith Still, a crowd management expert who has helped plan high-density events around the world, including the annual pilgrimage of Muslims to Mecca in Saudi Arabia. There is, he says, no excuse for these kinds of accidents. "It's stupidity. It's ignorance. But the consequence is human life...
...more government stimulus coming in China - on top of the 4 trillion RMB ($588 billion) package China announced to great fanfare a month ago. Two weeks later, Beijing upped the ante with an interest-rate cut and tax rebates, and now there are unconfirmed reports that an additional spending plan is being prepared as China's economic data continue to weaken. That would not be surprising. The best way for China to help the world economy at this point is to help itself; not by exporting more, but by spending at home - in whatever way or form possible. After their...