business

However, the three big car companies are unlikely to reach a deal before the election next year, and may come at a time when sales are at record lows for the brand.

There are a lot of complicated political reasons for the deal to have been reached and the deal to be approved, but one of the biggest ones is that any deal with the Obama administration will likely require a $700 billion economic stimulus and will have major business implications. With sales down this past winter and into this year and gas prices already at record highs, it doesn’t seem that investors and the general public will be too happy if a stimulus deal isn’t approved by the voters in November.

The next major test will come from the auto makers when the next administration takes over. Although it didn’t get all that much attention through this recession, the auto industry is the largest single source of employment in the US economy. From the company payrolls alone, the auto industry’s jobs include over half of all US workers. The government seems to be trying to keep their employees from joining these union-busters in Lansing or Washington, DC. Also, the trade group for the auto makers, the Alliance of Automobile Manufacturers, has complained to the Administration that the unions don’t have leverage with the newly-elected Obama administration. The auto makers are very much looking into all of this ahead of the election. Many are anticipating they will have some new challenges and problems after November 6, 2009 that they didn’t before.

While there will only be about 6.8 million new American auto industry jobs until the end of 2013, as we have seen, that is no way fast enough. The auto industry’s workers can’t wait until the end of the next administration; they also want to see what those who replace them will be worth to the industry.

By Kevin Schofield

?” A letter from Chief Troy Livingston to Starbucks chief executive Howard Schultz in October says the barista should have been fired based on his alleged criminal acts: the graphic depiction of the Islamic State flag on the barista’s clothing, as well the fact that he was videotaped on camera by a police officer. The Oklahoma City Police Department arrested the barista on Oct. 29. Livingston’s letter to Starbucks, which is sent to every new barista at the Oklahoma City Police Department, states that the employee was the “sole reason for the arrest of [the] individual and the department is taking steps to promote the employee’s job performance by terminating him and the employment of other individuals who were hired that have similar backgrounds.”

The letter continues to state that the employee’s conduct will have a “severe and detrimental impact on other members of the department who may have the potential to be affected by [it], particularly with a youth outreach officer of which he is a part.”

Since the graphic image of the flag circulated widelythere was even a protest organized in Oklahoma City as part of the national anti-Trump movementthe barista was terminated a short time later, Livingston’s letter states.

There can be no doubt about its the right deal. It offers a way forward in a market where stocks such as AIG have reached parity with corporate loans and the dollar is weakening as a result of the Federal Reserve “tapering.”

The key to a viable outcome for investors in 2017 is to sell off positions in stocks that do not yet appear to be on the verge of recovery.

For example, in this thread I argue that a single stock has a 50 percent chance of recovery, should the Fed respond by cutting rates and providing quantitative easing, even though that was not the case in QE3. This thread includes a discussion of why this stock could be a viable buy and how to profit.

There is a clear value investor that wants to make the jump from passive to volume oriented active trading. The new investor needs an alternative to holding a few small stocks with little risk in order to increase the size of its exposure to the next big stock. The stock market provides that opportunity. All you do is buy several large ones at a time.

What Stock Is the Most Valuable Now?

The waivers are available in any of four ways:

Ferry Transfer (available to Alaska, American and Delta) : Any passenger flying with Delta, Alaska, American, WestJet or United may transfer flights while aboard the service.

Ferry Transfer (available to American, WestJet and United) : Any passenger flying with American, WestJet or United may transfer flights while aboard U.S. aircraft.

Packeted Passenger Transfer (available to British Airways, Costa, Virgin America and Alaska) : Any passenger using a U.S. registered package-transporting aircraft may leave any time in the continental U.S. prior to the storm approaching to the U.S.

Packeted Passenger Transfer (available to American, WestJet and United Express) : Any passenger using a U.S. registered package-transporting aircraft may depart any time in the continental U.S. prior to the storm approaching to the U.S.

Airport Redevelopment (available to US Airways, Alaska Airlines, JetBlue) : Any passenger flying with US Airways, Alaska Airlines, JetBlue or other U.S. operated aircraft may acquire a boarding advance at any U.S. airport and exit U.S. territory and travel to another destination on the same date as stated in the ticket.

As of July 2013, there are two specific applications for a waiver for people traveling with Delta, U.S. Air and US Airways: (1) The airline has applied for a waiver through USA Travel for its American Airlines subsidiary, Delta. This waiver applies to flights originating in or departing Washington D.C., and to U.S.-bound flights on United between Los Angeles and D.C. and between D.C. and Miami . Per USA Travel’s information for getting a change of plane waiver, the airline has to submit a request to the Department for Transportation with a letter detailing the airline’s plans for the boarding pass needed for the American Airlines customer and a complete set of airline-specific boarding passes. The airline must submit a request for a waiver of these two sets of boarding passes prior to traveling in the affected areas, but with advance notice, in an envelope with a preprinted stamp showing that its request has been received. The airline must submit a request for the waivers by 8:00 a.m. Pacific Standard Time on the day before the flight. Per the Department of Transportation regulation for change of plane waivers (44 CFR Part 46), an airline’s request for a change of airplane must be submitted prior to the boarding pass departure dates and must list the date at which the first boarding pass is available for the affected flight. To request a change of airplane waiver, call 800-USA-FLY , to obtain a waiver of one set of boarding passes for the airline’s American Airlines passenger and to identify your assigned Delta pass.

(2) The airline’s request for a waiver of the second type of boarding pass for the airline’s American Airlines passenger must be submitted prior to the boarding pass departure date and must list the date at which the second boarding pass is available for the affected flight. This waiver must be forwarded to Delta Aviation at 507-444-3501 to obtain a change of plane for this flight, rather than an airport transfer. Per the Department of Transportation regulation for change of plane waivers (44 CFR Part 46), the airline’s request for a change of airplane must be received by the Department at least eight days before the flight.

All customers with Delta, U.S. Air, JetBlue or other U.S.-operated Delta Express flights wishing to change their original Delta travel plans prior to the storm should contact Delta immediately at 1-800-777-4447, or via Twitter handle @Delta.

FURTHER INFORMATION:

All Delta flights departing California and Washington may be canceled, delayed or changed upon the request of the airline. Delta has not yet begun to cancel or change flights.

I still cant figure out PIGbut there was a pig on the bag there. My friend and I are both in a state that will be very happy to spend money to protect the American people, a law enforcement officer that was doing his job the right way, and he was now being labeled a . [sic] nigger. I honestly dont think a coffee shop would have done this. You know, what I think is that PIG is the epitome of what an MALE and an IMMIGRATION a [expletive]. There were a lot of MALE who decided PIG was the epitome of what an AFRICAN and a [expletive]. But then what was PIG? A[expletive]. Where was my PIG as he sat down to get his espresso this morning? What did PIG do this morning? Was he in a gang-related ACTor NIG GANG COMPAR.?

The coffee shop also reportedly issued a statement claiming that ‘not only is the coffee ‘offensive’ but it’s dangerous.’

The Starbucks statement continued:

Since having our own police department, we have made a conscious decision to keep and police a safe environment for everyone, regardless of race, religion, creed or sexual orientation. In addition, in our community standards we strongly encourage all customers to treat others with dignity and respect. To ensure this remains the case, we would like to extend our sincerest apologies to the police officer that was offended. The employee in question has a reputation for being helpful to customers while maintaining a low profile. We would hope that Starbucks would find a way to resolve this matter without the need to create a national controversy. We have been in touch with the police in Oklahoma and are working with them in an attempt to resolve the issue and to maintain the level of service the customer so generously offered.’

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This coffee shop will have to apologize to two employees who were apparently fired for “pigs” if they want to avoid any claims of racism in the community.

So what am I to gain from a car that can hold its own in a straight line, but then not put up with being run off the road at 60mph? Is it worth having a 5 speed at any possible situation? What if the weather is bad? Can I get a gear train upgrade/cassette car in time?

The first things to know about this situation are that I don’t drive my car all that badly and you really can’t predict what you might come across just from looking at the pictures. Let me just point out that I never made it to 60 mph on a single gear with this car, a 50 mile mile run in the rain was just fine. As you can tell by the last picture, a 50 mile run in a downpour could well be an issue for the car.

It has been said before, and I’m not going to say it again, but the car is very comfortable to drive. Even in the rain.

Here is a bit of a side view of the car and the tires. The whole car is essentially four tires, not one big tire, but one, small tire, larger tire and a spare.

And let’s not forget the gear box. This car is completely mechanical and there are five gears in all. As a result I can only get the gears around about 10 mph, but it would take me way too long to get down to 20 mph. (When the car was new I had my brakes to the very teeth, that thing is a beast if you want the best control).

So how does it operate? What makes this car so easy to drive and yet so difficult to drive? The answer here is that it isn’t a car, it is a machine. A machine made from metal, that can function perfectly well in almost any situation. It is the engine that makes the car. It must be that simple because most people seem to think that it is complex and special, so it must be special. (Oh do they. You never see anyone get angry at that person, but they certainly don’t get angry with you thinking they don’t. They definitely don’t think they’re stupid when they can’t handle the best) For me it comes down to this. This thing is a great tool. Every day I use it to improve my driving at any given time, it works like a charm. I have never had an issue with traction, and I can do this in the front seat on a nice sunny day without issues. I have never been behind on throttle, or hit anything in traffic, or been behind a car and the car has lost grip completely because of the gear change and I don’t have a single report of that happening. It drives like an extension of me. It works and feels just like a piece of machinery, its always on. I have never felt uncomfortable, although I have felt the slightest bit of an urge to switch gears to pass. It is never a problem. It seems to work very well with the other engine parts. The car drives very smoothly and smoothly. I think that is pretty crucial.

You can even drive this car home with the battery. This is something that I wouldn’t recommend. The thing is as I noted before, the car is very easy to drive in the rain and you still have enough control over the car that you can use a friend. I will not do that either, but your mileage may vary. If you are worried about a long range and you are driving a little slower than your range can take, then you should be fine. But if you’re taking a bigger gamble, like the 200 mile range car above, then you should be looking at a longer distance car. Otherwise I think the 200 mile car is a lot closer than I would like to give it credit for, but for most people this is an excellent car. It is not a sports car. I’ve been around the country a number of times and it almost never gets me to 130 mph before I’ve had some minor problem and I probably won’t find too many folks who can do it because they have never really used the car. Unless you go out for your daily dose of adventure, you won’t find anything like it in most places. However, it is so handy that it could take over your life. It is an excellent road car. I do love it when the battery dies somewhere around 60 mph and it dies with a loud chime.

So there you have it. It is not a luxury car. It is a practical work horse and I haven’t ever had a problem with anything on it. So if you need to go out in the rain and lose control of the car then you must be afraid

When he lost his legs, he went to work for the US Postal Service. So he did his best to make sure that his story wasn’t forgotten. The Postal Service also provides free wheelchair service and, for some recipients, free office space. So with those in mind, they posted the photo of Milano on March 6th. I really think I’m going to get it. I have a lot of friends for whom this is a very exciting thing. But here’s the catch- It has to remain a “surprise.” I’m sorry, but I’ll get it this month. If you’ve got friends who have a disability, please don’t tell them I’m going to tell them that a wheelchair-bound artist is at the USPS. Do you understand the rules? They might do the same for you. But please, do them a favor and do not tell them I’m going to tell them about it.

Posted by Paul at 9:11 AM

I don’t know about you, but I’m pretty positive that I have an entire drawer full of wheelchairs just waiting at home. My brother-in-law and I own a home office building and we don’t even have a wheelchair but we sure have a great spot for any wheelchair user’s needs. Just know you are making the world a happier place. I am absolutely amazed at how much love, kindness and support we receive out there when we’re disabled. May we grow many more bridges between us.

Posted by Michael at 11:22 AM

I have a friend that has special needs. He is a writer and his family is looking for the perfect place to have him publish their new book entitled: “The Journey Begins” (on May 25). My friend is a fan of the show “Sons of Anarchy” and was really looking forward to meeting the cast and crew. The other day he showed the director his new book and was happy to be at the film’s opening weekend. The director called to tell him he couldn’t make the premiere because they couldn’t find a wheelchair to accommodate him. He was just so happy he can be there. I don’t know him personally, but I have a friend who was severely disabled and couldn’t attend a party for her birthday (in January). She and I had a conversation about how our lives may, at that time, be very different. What we talked about was not only why our lives were different, but also how we may even miss our good friends. Many years later we talk about it constantly. I would not be surprised to learn that what we went through was so much the same for many other people with disabilities. I think we all need some inspiration by remembering our good friends and the hard work they accomplish just by smiling and doing their best every day. I have a friend who had to learn to ride a baby stroller. He couldn’t be around his parents and their friends because he couldn’t move to get around on his own. Fortunately our parents took him out for a ride in his stroller and he was so happy to be around other people. How important that is for those with disabilities!! I think the same could happen for you, the wheelchair user. I wish they read my story and appreciated what it did for my friends who had a disability! I was fortunate enough to join a community of creative people that included someone with a disability as a teacher in the arts (at least I thought I was) and they were so kind, thoughtful and incredibly supportive. It gave me so much joy to see those who I wanted to be a part of. That’s a big deal! If I have to use an opportunity to learn about all kinds of creative people’s journeys, then maybe I’ll give even a better chance to those who are disabled. I wouldn’t wish that on anyone.

Posted by Laura at 5:54 PM

A few months back a friend and I were discussing his disability and what a life of constant discomfort he was being sent into. I thought back to reading a story that I knew about and it made me very sad and thought of everyone from a very low perspective. I could see that the story was for me. I am unable to walk at all (suspected of having a severe neurological condition). I’m still in a wheelchair. It would have been great to have these people and even better to know that my life is even more meaningful as a result. I found this group through a friend at “This is Why We Can’t Have Nice Things.” Thanks to them I will be able to find a special place to keep my wheelchair.

Posted by Dori at 1:23 AM

The union now makes its bargaining points to union leaders who will hold their annual meeting in a couple of weeks before a contract is ratified or rejected. We’ll see. The deal will not be binding; it is merely “voluntary” in the sense that the companies may ask to opt out at any time. Even so, the outcome is of huge importance. Without a contract, all sorts of incentives are lost and some elements of the industrial age in the US are being disrupted. Automation, the use of robots and other technologies, and the loss of manufacturing jobs are likely to be devastating. And if a contract is ratified (which many would suspect is extremely unlikely) Chrysler will now need to reduce wages even further (with the aid of corporate tax cuts of $500 billion by 2019), so it has no real incentive to hire unionized US workers. In short, this just may be the end of the road for a major US industry that has been one of the few bright spots in the US economy for a decade. As Ford’s COO says in an interview: “We’re not the only ones that have these challenges.”

My experience since the start of the Great Recession - what hasn’t changed and what certainly hasn’t - was that unions would usually get a contract from their workers and then get on with doing their jobs. It was simply too painful at times to even contemplate strike action - which some did when the conditions became really dire and the US economy really soured.

As I described recently in a column ( Link ). Now, the reality is that the cost of doing a union strike is only going up as part of the overall cost of doing business, and if a fight breaks out some of the big unions don’t have the revenue (either from dues-paying members or from corporate-financed union “contracts”) to handle it. That means they need to have some other means of raising a significant amount of public pressure and pressure which they still can’t do and no amount of union leadership will have the capacity to provide.

I’m sure most people reading this will think of the “strike or fight” question as a red herring because those terms represent so little. The trouble is that it is quite literally the only thing that matters to a company on the other side of the bargaining table. A fight doesn’t matter if it isn’t a war.

The other thing that the “fight or strike” question misses is that there are a lot of other reasons that a unionization vote is necessary that are not specifically tied to a strike, but still affect the end of an agreement. The key question for most workers is not whether they’ll be employed by a union, but how they’ll be represented and compensated. There are issues of equity: at this moment, both unions and non-unionized workers share roughly the same number of workers with those employers and those employees are covered by the same laws. So, that’s a bigger win on the equity side than you might imagine.

(For instance, the US public system is also one of the smallest in the world among developed countries; we don’t want all of us to suddenly be at the bargaining table for the better of all workers or to face a loss of benefits because our pay is lower. There’s a lot of bargaining at this stage.)

There are things that unions can contribute to that will make the overall bargaining process easier for workers and their unions, too. We’ve gotten used to a kind of “right to work” form of deal in Canada, where every union must bargain to the same standards but the government and companies will both get some sort of back-of-money kickback. That back-of-money is generally called a “fair return”, and if the deal is good for workers, it’ll be good for both unions and employers. While there will be some bargaining at this stage that may seem like a job for strike action, it has the benefit of being a simple win for workers: they’d become better off both personally and collectively by getting more money for their collective labor. Some of the big American unions (especially the ones with large US political power) have tried this to the point of trying to pass the “right to work” legislation as a whole, but it’s clearly a win less in terms of what it does for workers and more in terms of what it accomplishes. But that’s not the point. The point is to increase the bargaining power of the “bad guys”, so that they feel a little less threatened by union campaigns.

All the various issues mentioned at the start of this post aside, the key issue that will, in a real strike scenario, make it a win for unions and workers is the amount of public pressure. The “fight to the death” point is largely an illusion, even for unions which already work

More news from the winter storm zone, at least to me:

Wish I had a map. It feels like a big maze and I can’t always keep track of which way is up. The picture of a tree just above is a “traffic light”

The most challenging part for me was not understanding how the weather actually works, so I didn’t want to push too far down the map where the roads suddenly got narrow as the winds picked up. That means even if you get to the top, you might have to look down and up. If there are no trees at the top of the road, I would recommend going lower. You can always make your way downward and eventually you end up back on the road you started on… and your job is not much different.

Also, a side effect of the weather map issue: If the wind starts to pick up and it is too much to have one of the carabiners in the carabiner holder, you can add another carabiner. Also, some people have had some problem putting on windproof gloves, especially if it was raining very hard. There is a video for this on Bivy Journal: https://www.bivy.com/B1s2k3

The good news is that you should be able to carry your gear in the rain or really windy conditions. It is just more of an issue for carabiners.

While in Bivy, the carabiner in the carabiner holder could be loose (see the video above), as long as you clip the lock, you should be ok. Just be sure you take care of it, you don’t want to lose it.

I also had an issue with not noticing at first, the “no sun” flag at the gate to my departure point (it shows that a storm is in the area). I took my picture so I would know what it was like. Checking out the weather map, I can see that it is a small area that goes all the way up to Port Angeles. If the storm has been mostly past, this may be less of an issue.

For a more detailed look at the weather and the weather map, visit Bivy Journal: http://bivy.com/B1s2k3

Now, if this is the worst you have ever had it, there is always the other option!

As the share price has risen to around 26 cents, it’s not unreasonable for you to think that the 10-year forward price for a share of the company shares 30 of those (the current 1.5 times) and the total shares outstanding (currently 12.5 million) could reach 50 billion dollars (100 trillion), with only one year of profits. The $50 billion valuation includes the sale of 5.4% of the company to American Express on April 3rd. To put it another way, that’s 40% of the company left in the hands of a few private and public investors who have had the foresight and business acumen to diversify their holdings into a range of potential interests to hedge, and to protect against significant devaluations of assets. So it may be prudent to consider how a further sell-off would impact the future capital formation of the company to make it more viable to fund further acquisitions and to develop its business. I suspect investors will be less reluctant to sell on the decline in the value to the current owner. It could even be an event that motivates an even stronger investment when the shares are cheaper, more volatile and highly leveraged. Indeed, this may be a time that an unloading of these shares could become more and more attractive since the shares are only 10 times the current market value. I do not understand why everyone needs to sell their shares now. (Just ask yourselves in another article how the government of Canada is doing at balancing the budget. People need to stop being so focused on that.)

What’s in a name? On the other hand, the name of the company (the Restructuring Corp.) has been tarnished with a bit of controversy and some misunderstanding about it. As I explain from the outset, I think it goes back to the beginning of the company’s operation.

In 1978, the Crown corporation established a subsidiary to take the control over various aspects of the national electrical infrastructure. Its name was announced later that year, and the subsidiary was renamed the Regional and District Electricity Corporation or RegDTEC which came to mean the Regencies of Southern Ontario (ROSO) for the rest of the country. In 1988 the RCO became the New Jersey Board of Power.

The company’s founding documents describe it as”a holding company established to operate and control the electric energy infrastructure within the New Jersey area… The original entity was registered in New York, and was subsequently dissolved in 1988 when it became a part of New Jersey Board of Supervisors…” A “ Regulator “ is defined in New Jersey law as “an employee of a utility… an elected official at the State or local level, or a law enforcer, enforcer or person charged with the public accountability of a utility.” The name, however, quickly became controversial given the company’s intent:

…a power company that would issue power in exchange for payments by the public utilities. It was to be operated exclusively by the local government, which would provide the financing and operation in proportion to the population. … The operation would go hand in hand with the operation of the municipal transportation system…. the new entity would be subject to annual audits pursuant to law. It was intended that the entity will have the exclusive right to issue power at a rate consistent with its current rate of operations in the area. The name “ROC” was chosen by the Board of Regulators as one that would be acceptable to customers. The Board also noted that RegDTEC has already been using the name Regencies of Southern Ontario since its establishment to identify the entity even though the name was also known as the ROC organization.

The name had an important meaning as the name for the corporation was to regulate and issue new power in exchange for power in payment by the public utilities. That was just a fact, as it was not a name that was applied to the company, but the corporation. A “Regulator” was simply a board of management employed directly by the Crown corporation which operated the company to protect the public interest.

It is quite incredible to see the Registerning Corp. in all its glory, and to think we are at the peak of our power generation power. It is now one of the longest and most powerful electricity generating companies in the world with almost all of its power stations located in New Jersey.

Despite all of this, a letter written to the NY Times by the NY Board of Public Utilities in 1992 stated that it did not see a need to name the New Jersey ROC. It stated that “ the use of the name “ ROC is neither a term that should be associated itself with New Jersey ROC or a reference to the regulatory agency that is operating the company “ . In addition, the company used the word “Register” instead of “Regulator” as its name. It also stated that “ the title ROC is not appropriate for the

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