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TODAY IN HISTORY
GENERAL MOTORS AND CHRYSLER BAILED OUT
December 19, 0 - United States
December 19, 0 - United States
An emergency bailout of General Motors and Chrysler has been announced by President Bush which gives the companies a few months to get their businesses in order. Barack Obama will be handed the political task of ruling on their future. The bailout will be putting $13.4 billion into the companies by mid-January from the fund that Congress has authorized to rescue the financial industry. The two companies have until March 31st to produce a plan for long-term profitability, including concessions from unions, creditors, suppliers and dealers.
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RANDOM QUOTES
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The Revolution
by John Adams
"...The Revolution was effected before the War commenced. The Revolution was in the minds and hearts of the people; a change in their religious sentiments of their duties and obligations. This radical change in the principles, opinions, sentiments, and affections of the people, was the real American Revolution...."
by Earth Day, Thomas Alva Edison Inventor
"...Until a man duplicates a blade of grass, Nature can laugh at his so-called scientific knowledge. Remedies from chemicals will never stand in favorable comparison with the products of Nature, the living cell of a plant, the final result of the rays of the sun, the mother of all life...."
RANDOM FACTS
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Salary
about Steve Jobs
Steve Jobs' annual salary was $1, just enough to keep company health benefits.
about Facts about Drugs
Facts about drugs can protect against drug abuse. Legal drugs, such as alcohol and tobacco, kill more people than illegal drugs. Tobacco (smoking cigarettes) kills more people than any other drug. Illegal drugs including heroin, cannabis, ecstasy and amphetamines can have unknown or dangerous ingredients. Mixing drugs, especially with alcohol, can be fatal.
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