Free-market blessingAbout 16 percent of the worlds population live in impoverished, substandard dwellings and areas. A UN report defines them as slums.
Plus other surprises to come Employees with families may be in for an unpleasant surprise this fall as they look over the annual health insurance packages. Many companies…are dramatically cutting benefits for spouses and children or are trying to get their families off their plans altogether. - Los Angeles Times.
Pre-palsyThe Times also reported that jobless claims increased in August and that new manufacturing orders dropped sharply. The paper saw the situation as indicating a wobbly recovery.
Like for instanceImmediately below the wobbly story was a report that Ford plants would be closed in Michigan and Ohio by years end with another to come in New Jersey in the first quarter of next year. This, Ford moguls said, was part of the recent contract with the United Auto Workers.
Get the thermals outGas bills this year may top last years. - News headline.
A bright spotThe countryside editor of the Times of London reports that the Duke of Edinburgh is considering raising truffles on his royal estate. If theres planting this fall, there will be a harvest in five years.
Not as if theyre officialsIllinois social workers who muster care for the mentally disabled thought they had been granted a 4 percent cost-of-living increasethe first in three yearsbut state officials, with apparent authority, sliced the legislatures vote down to 2 percent.
Essence of used car dealerAn Arlington, Texas, dealer says he lost several cars a year to folks who couldnt meet the payments and took off. Hes developed a device that flashes and beeps when a payment is due, and shuts down the car if it seems necessary.
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