Living the Dream.





Showing posts with label bankruptcy. Show all posts
Showing posts with label bankruptcy. Show all posts

Monday, May 4, 2009

re: "Chrysler in Bankruptcy: The Forgotten Villain"

Charlie at Undiplomatic ("dedicated to covering the intersection of diplomacy, global issues, U.S. politics, and pop-culture") assigns blame in an interesting direction.

Money quote(s):

"(T)here’s another villain here, one whose role has received little or no attention in the mainstream media: Daimler Benz, the parent company of Mercedes, which bought Chrysler for $36 billion back in 1998."

&

"If you own a Mercedes, trade it in. If you’re buying a new car, strike them off your list. Make them suffer. Remind them that there is a price for such arrogance. Winnow their American market until they start paying the cost of helping to destroy a major American employer."

Tuesday, April 28, 2009

S&S - Some Grafenwöhr units will have to move. Relocation of Army support units makes way for four infantry battalions.

Stars and Stripes



Some Grafenwöhr units will have to move


Relocation of Army support units makes way for four infantry battalions


By Seth Robson, Stars and Stripes

European edition, Friday, April 25, 2009

Seth Robson / S&S
Because a planned 300-unit housing area for soldiers and their families in this village of Hütten, near Grafenwöhr, was put on hold, several Army support units will move from Grafenwöhr to other bases in Germany. The move was meant to make way for four Schweinfurt-based infantry battalions.


GRAFENWÖHR, Germany — The scrapping of a 300-home off-post military housing project and the impending arrival of four Schweinfurt-based infantry battalions means several Army support units currently based at Grafenwöhr will have to move to other bases in Germany.

Read the whole article here.

Snippet(s):

"On Thursday, U.S. Army Garrison Grafenwöhr commander Col. Nils "Chris" Sorenson told a gathering of leaders from German communities surrounding the base about plans to move the battalions to Grafenwöhr next year, after the 172nd Infantry Brigade returns from its yearlong mission to Iraq.

The movement of the battalions, at a time when there is a critical housing shortage at Grafenwöhr, "means some of our small enabling units will go elsewhere," he said. He identified one of the units on the move as the 12th Chemical Company, which is headed to Schweinfurt."

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"The 172nd Infantry Brigade Headquarters and two battalions assigned to the brigade moved to Grafenwöhr last summer while the brigade’s four other battalions are due to join them next spring, he said.

Many of the additional soldiers and their families were to have moved into a 300-home off-post leased housing area in the nearby town of Hütten, he said. However, that project has been on hold since the German investor in the project — PPREF — declared bankruptcy late last year."