Learn All About The Important Features Of Stamped Concrete

Submitted by: Pete Malcolm

Stamped concrete is concrete that is textured to resemble brick, slate, wood tile, et al. It is commonly used for patios, sidewalks, pool decks, interior decking and other flooring options. The capacity or ability of stamped concrete to resemble other building materials makes it much cheaper as a construction material compared to other building materials. There are three features about stamped concrete that should be considered before you make your final decisions about how and where you will use it in your home or business.

The Base Colour

Colour may be added to the concrete by two methods. The base colour is the primary or original colour of the concrete. This is also called the integral colour procedure where the entire volume of concrete is dyed with the base colour. Powder pigment is added to the concrete and also acts as a hardener. The concrete may also be coloured on the surface. The concrete is dyed using cast on colour or where the surface of the concrete is dyed with the intended colour.

[youtube]http://www.youtube.com/watch?v=xgX8PsjdNZc[/youtube]

Accenting Colour

This represents the second manner by which stamped concrete comes into fruition. The concrete contractor that you elect to perform all works of stamped concrete on your concrete blocks will advice you that in so far as accenting colour of a piece of concrete is concerned, accenting colour represents the secondary colour in a piece of stamped concrete and its purpose is to draw out the texture of a piece of concrete. This is performed by a technology referred to as colour release. Colour release has two purposes. It is a pigment and is used to colour the concrete with the pattern of the stamps. It is also used as a non-adhesive in that it prevents the concrete stamps from sticking to the concrete.

The Pattern

The pattern that is in the concrete is made by imprinting the concrete after it has been poured; the concrete stamps are ultimately the factor that is used to create the designs. Stamped concrete, apart from being rather relatively cheaper than other building material, has the advantage of being visually appealing. Which has the benefit of increasing the value of a property. It is also durable as a building material. For all of your stamped concrete projects enlist the services of a qualified stamped concrete contractor.

Using a qualified stamped concrete contractor will give you the following advantages over using a non-qualified contractor- they are a licensed artisan and consequently you can rely on the quality of their work. Secondly, these folk are schooled on the science and the art that putting up stamped concrete entails and consequently you do not get workmanship that is wanting in terms of quality. The last advantage that these folk bring to a job is the aspect of experience that essentially means that they are able to build upon their years on the job to ensure that whatever final package they come up with for you, you essentially get the best in terms of what the years have taught them.

About the Author:

Elite Concrete

offers

stamped concrete services

including stamped concrete patios, driveways and full landscaping designs. Find out why Elite Concrete is one of the top concrete contractors in Toronto and the GTA.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1273927&ca=Home+Management

Wikinews’ overview of the year 2007

Monday, December 31, 2007

What would you tell your grandchildren about 2007 if they asked you about it in, let’s say, 20 year’s time? If the answer to a quiz question was 2007, what would the question be? The year that you first signed on to Facebook? The year Britney Spears and Amy Winehouse fell apart? The year author Kurt Vonnegut or mime Marcel Marceau died, both at 84?

Let’s take a look at some of the international stories of 2007. Links to the original Wikinews articles are in bold.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews%27_overview_of_the_year_2007&oldid=4678722”

American Academy of Pediatrics supports dairy for lactose intolerant children

Wednesday, September 6, 2006

Lactose intolerance by region of the world (African countries are only an approximation).

The American Academy of Pediatrics (AAP), in the September 2006 issue of its journal Pediatrics, supports the use of dairy by lactose intolerant children.

Dr. Melvin B. Heyman, author of the article, says that just because a child is lactose intolerant, does not mean that they should avoid dairy altogether. Many lactose intolerant people can consume small amounts of dairy.

Heyman says that dairy consumption is important, especially for children, because of its high calcium content. The calcium is, in turn, important for stengthening growing bones. “If dairy products are eliminated,” the article says, “other dietary sources of calcium or calcium supplements need to be provided.”

Lactose intolerance is a condition, present in the majority of human population above the age of infancy, due to which the body cannot tolerate lactose, a sugar present in milk and other dairy products. Lactose intolerance causes a range of unpleasant abdominal symptoms, including stomach cramps, bloating, flatulence and diarrhea.

As lactose intolerance is inherent, its prevalence varies by ethnic group. For example, while only 12% of American Caucasians have it, its prevalence is 75% among African Americans, 93% among Chinese, 60%-80% among Ashkenazi Jews,and 100% among American Indians. Many people do not realize that they have this condition simply because they have eaten dairy all their lives and view the symptoms of lactose intolerance as “normal”.

Physicians Committee for Responsible Medicine (PCRM) has long stated that the risks of consuming dairy far outweigh the benefits. According to PRCM’s fact sheet, called “Parents’ Guide to Building Better Bones”, there are many healthy ways of getting enough calcium and promoting bone health. Many foods contain calcium, not just dairy. Also, it is important to consider the amount of calcium absorbed, not just the amount of calcium present in a food. For example, more than three times as much calcium is absorbed from one serving of Total Plus cereal as from one serving of 2% milk.

PCRM promotes a strictly vegetarian diet. Despite its name, it claims only 5 percent of its members as physicians. PCRM has also been accused of having links with animal rights “extremists”, in particular Jerry Vlasak, a former PCRM spokesman who called for the murder of scientists who use animals in research.

The report in News-Medical.Net says that Ann Marie Krautheim, with the National Dairy Council, a dairy lobbying group, says

she hopes the report will educate parents on how to continue to include dairy in the diets of children sensitive to lactose and also help improve their nutrient intake. Krautheim says calcium-fortified beverages and other foods which seek to provide an alternative source of calcium, do not provide an equivalent nutrient package to dairy foods such as milk, cheese and yogurt.

This last statement, however, that dairy products are superior to calcium-fortified foods, is not supported by the article in Pediatrics.

Retrieved from “https://en.wikinews.org/w/index.php?title=American_Academy_of_Pediatrics_supports_dairy_for_lactose_intolerant_children&oldid=4379364”

GM and Chrysler receive Canadian loans amid US restructuring ultimata

Friday, April 3, 2009

General Motors (GM) and Chrysler will receive bridge loans from the government of Canada and the provincial government of Ontario, however no more will be forthcoming from either Canadian or US governments unless the companies can reinvent themselves.

“This is a regrettable but necessary step to protect the Canadian economy. We are doing this on the assumption that we obviously cannot afford either in the United States or Canada a catastrophic short-term collapse.” said Stephen Harper, Prime Minister of Canada.

“We cannot, we must not, and we will not let our auto industry simply vanish. This industry is, like no other, an emblem of the American spirit; a once and future symbol of America’s success,” said Barack Obama, President of the United States. “These companies – and this industry – must ultimately stand on their own, not as wards of the state.”File:Sinsheim quer.jpg

Fuel efficient Fiat Nuova 500 Image: Cordhose.(Image missing from Commons: image; log)

Chrysler will receive CA$1 billion and may in fact be eligible for as much as CA$4 billion. If Chrysler succeeds in the next 30 days with a restructuring plan it would be eligible for a US$6 billion loan. A part of Chrysler’s restructuring plan must include a partnership with Fiat within 30 days to appease the US administration. Fiat is a supplier of smaller fuel-efficient vehicles, and the merger will help Chrysler to be viable in the North American market. A Chrysler court bankruptcy would inevitably lead to it being sold off.

As a part of Chrysler’s restructuring plans, Tom LaSorda, the president of Chrysler announced that Canadian operations would fold if it does not receive both the US commitment of $2.3 billion of aid and a new Canadian Auto Workers CAW contract to reduce all-in costs by CA$19 per hour. As a result of this announcement Chrysler’s auto sales volume in Canada dropped 23% compared to March of 2008.

GM has until the end of May to restructure its company to receive up to CA$7.5 billion. As part of the companies restructuring, General Motor’s chief executive Rick Wagoner was replaced Sunday with Fritz Henderson, the current chief operating officer. Henderson spoke out on Tuesday that GM has submitted a restructuring plan which would close five plants, and this may be increased to meet the requirements for financial aid. He is in full compliance with Obama’s auto task force to seek bankruptcy if GM cannot negotiate with their unions, bondholders and others.

GM recently brought forward the “GM Total Confidence” program providing consumer purchase protection for customers who lose their job for economic reasons within the first two years from purchase. As a result of Chrysler’s restructuring announcement in Canada, GM’s Canadian vehicle sales volume fell only 17.3% compared to 2008, an increase from the previous month.

GM must reduce some of its legacy costs which include its pensions and union health care costs. A part of GM’s ailments arose from investing in supplying truck and SUVs during an economy of high gas prices when consumers were demanding fuel efficient vehicles.

2009 Chevrolet Traverse SUV

Tony Clement, Canada’s Minister of Industry, is hoping that the CAW will support the restructuring process and re-negotiate their agreement. Whereas a United Auto Workers negotiator has said, “I don’t see how the UAW will do anything until they see what the bondholders will give up.”

The Obama administration is looking toward bankruptcy proceedings for the automakers, “as a mechanism to help them restructure quickly and emerge stronger. [It will] quickly clear away old debts that are weighing them down. What we are asking is difficult. It will require hard choices by companies. It will require unions and workers who have already made painful concessions to make even more. It will require creditors to recognise that they cannot hold out for the prospect of endless government bailouts.” said Obama.

The auto parts suppliers and IT software exporters in India have already been affected by the declining auto sales. GM and Chrysler software contracts provide US$300 to 350 million a year to vendors in India. As well these two major automakers usually award US$1 billion contracts to auto parts suppliers. “We are worried and closely watching the developments in the US to gauge the impact. The decline in auto sales in the US has already hit the order books of Indian suppliers,” said a Delhi auto parts supplier.

“Going forward, the industry will undoubtedly be smaller, but if our efforts are successful it will be viable and it will support good jobs for Canadians,” said Clements.

Betty Sutton, Ohio’s Congresswoman put forward the CARS act which provides a US$3,000 to 5,000 incentive for those who trade in their vehicle for a fuel-efficient car. “It clearly stimulates the economy, and it gets the consumer into the showroom and gets them buying again. But importantly — and this is what I particularly like about it — it really helps the environment quite a bit in two respects.” said William Clay Ford Jr., executive chairman of Ford Motor Co.

Ford Motor Company has not come forward with requests for assistance.

Since December GM and Chrysler have received US$17.4 billion government loans.

HAVE YOUR SAY
How should the automakers re-invent themselves?
Add or view comments
Retrieved from “https://en.wikinews.org/w/index.php?title=GM_and_Chrysler_receive_Canadian_loans_amid_US_restructuring_ultimata&oldid=4455686”

How You Can Use Neuro Linguistic Programming To Find Success|How Neuro Linguistic Programming Can Improve Your Life Dramatically

How You Can Use Neuro Linguistic Programming To Find Success|How Neuro Linguistic Programming Can Improve Your Life Dramatically

by

Donald Geary

Neuro Linguistic Programming is a self-improvement method that gives you a large number of helpful tools that can be used for many purposes. Utilizing very simple strategies that anyone can implement, NLP is actually more in-depth than you would think. The strategies taught in hypnosis and psychology are sometimes emulated in NLP in a variety of ways. We will now introduce a few valuable NLP techniques that you can apply in your own life starting now.

If you take a course in Neuro Linguistic Programming or read a book about it, you\’ll hear a lot about modeling. This can be applied in several ways, but one thing you can do is model the people around you to build better relationships with them. You can do this by studying the way they talk and move and then adopting certain aspects of it into your own behaviors. It\’s important to approach this carefully because you don\’t want to look silly or have them think you are making fun of them. But if you take a careful approach to it, it can be very beneficial in helping you build rapport with just about anybody.

Reframing is a NLP attitude that is utilized by numerous means. It can be utilized to help you re-shape your attitude toward experiences in your life.

[youtube]http://www.youtube.com/watch?v=EIKIAS3JArc[/youtube]

This is a widespread maneuver applied by advertisers and politicians, for modifying people feelings about things. For instance, if you\’re trying to sell things that most people regard as downbeat, then you can try restricting it so that it\’s something that becomes more in-demand. You can depict your item as something meant for your more urbane and high-level customers, if it is more expensive than with your competition. It\’s generally a possibility to modify you or other peoples\’ feelings about something.

Do you have emotions that you want to change? The Swish technique from NLP can help you with this. It\’s a fairly simple visualizing technique, but if you practice it regularly it can help you in many ways. What you have to do is replace an undesirable mental image with something you would rather see. If, for example, you have a fear of public speaking because you imagine yourself giving a bad speech, this is an image you want to change. So you create an image of yourself giving a speech that everyone loves. You then replace the negative image with the positive one. You may have to repeat this several times, but the more you do it the more effective it will be.

This is obviously only a brief introduction to the entire science of Neuro Linguistic Programming – there is so much more to be learned. Now that you have a couple of the techniques under your belt, you can see the power of NLP. There is a factor of intimidation involved with the science of NLP. Once you\’re over that, you can reap the benefits of implementing these techniques.

Then why should you you want to study NLP ? Mastery of NLP Methods provides numerous advantages.

The very first is that you will have a excellent amorous life. The use of NLP permits you to get women and pick up female with ease. NLP seduction techniques are well deemed unbeatble tools. This is the case when you appreciate Neuro linguistic programming language patterns. More sophisticated specialists pick up strategies on Neuro linguistic programming embedded commands and NLP meta model. Imagine- it is possible to get women to approach you and get women numbers. NLP is like mind power control!

The next benefit is that can teach how to make money fast. You will understand how Neuro linguistic programming sales instructions boosts conformity with no trouble. You can generate more cash fast.

And finally Neuro linguistic programming will sharpen trust. You\’ll learn how people believe and choose. That means you have an edge

Who|Who exactly|You are wondering who | am I? My friends or family christen me tourist and artiste but still my genuine interest includes water skiing as well as yachting. Plus yes, I adore young women as well as plum.Here is new information on the thrilling subject matter at a place I bookmarked.Feel free to study additional here. :

get girls chasing you

Article Source:

ArticleRich.com

GWAR frontman Dave Brockie aka Oderus Urungus dies at age 50

Tuesday, March 25, 2014

Brockie as Oderus Urungus onstage in 2010. Image: Stuart Sevastos.

Dave Brockie of rubber-costumed metal act GWAR was found dead in his Richmond, Virginia home late on Sunday. Better known by stage name Oderus Urungus, Brockie was 50.

Founder, singer, leader, and occasional bassist of GWAR, Brockie’s career stretches back to 1984. He and fellow Virginia Commonwealth University art students formed what they dubbed “Earth’s only openly extra-terrestrial rock band”, growing famous for satirical and obscene lyrical themes, and live shows featuring the defilement of effigies and plenty of fake blood.

Fellow founding member Don Drakulich, who still makes props and costumes for the rockers, said he was “very sad” and “shocked”. He said Brockie’s roommate found the corpse. GWAR members changed frequently and the band recovered from the sudden death of guitarist Cory “Flattus Maximus” Smoot during a 2011 tour, but the New York Daily News notes “it’s hard to envision their saga going further” after Brockie’s death.

The band ran with the backstory of crashing to “the most insignificant planet in the universe” 43 million years ago before creating humans by having sex with apes. Becoming encased with ice, the legend ran that upon thawing out in 1984 the members decided to form a band.

I am one of the blessed people that gets to do what I love to do for a living

Manager Jack Flanagan announced the death via GWAR’s website, adding a post-mortem will be conducted. “My main focus right now is to look after my band mates and his family” he said. Flanagan said another GWAR member found the body.

Brockie said in 2009 “I am one of the blessed people that gets to do what I love to do for a living.” GWAR received a Grammy nomination in 1993, with Phallus in Wonderland up for Best Longform Music Video.

Fellow Virginia rocker Randy Blythe, vocalist for Lamb of God, paid tribute online, writing on Instagram “When someone dies, a lot of the time people will say ‘Oh, he was a unique person, really one of a kind, a true original’ […] I can’t think of ANYONE even remotely like him.”

He never put much stock in ‘limits’

Blythe also took to Facebook. “Right now, if I were to truly honor Dave in the way HE would do it if it were ME that had died, I would make a completely tasteless joke about his death. But I do not have the stomach for that — Dave would, but not me. He never put much stock in ‘limits’.”

Ex-GWAR guitarist Steve Douglas said on Facebook “I have had a few bad days in my life but this one truly ranks right up there. […] you are gone and it is hurting very badly!” “I wish it was a joke” said another ex-member, Chris Bopst. “Everyone is in shock.”

Former bassist Mike Bishop paid tribute in an interview with Style Weekly. “Dave was one of the funniest, smartest, most creative and energetic persons I’ve known,” he said. “He was brash sometimes, always crass, irreverent, he was hilarious in every way. But he was also deeply intelligent and interested in life, history, politics and art.”

Retrieved from “https://en.wikinews.org/w/index.php?title=GWAR_frontman_Dave_Brockie_aka_Oderus_Urungus_dies_at_age_50&oldid=2545679”

Edmund White on writing, incest, life and Larry Kramer

Thursday, November 8, 2007

Edmund WhiteAll photos: David Shankbone

What you are about to read is an American life as lived by renowned author Edmund White. His life has been a crossroads, the fulcrum of high-brow Classicism and low-brow Brett Easton Ellisism. It is not for the faint. He has been the toast of the literary elite in New York, London and Paris, befriending artistic luminaries such as Salman Rushdie and Sir Ian McKellen while writing about a family where he was jealous his sister was having sex with his father as he fought off his mother’s amorous pursuit.

The fact is, Edmund White exists. His life exists. To the casual reader, they may find it disquieting that someone like his father existed in 1950’s America and that White’s work is the progeny of his intimate effort to understand his own experience.

Wikinews reporter David Shankbone understood that an interview with Edmund White, who is professor of creative writing at Princeton University, who wrote the seminal biography of Jean Genet, and who no longer can keep track of how many sex partners he has encountered, meant nothing would be off limits. Nothing was. Late in the interview they were joined by his partner Michael Caroll, who discussed White’s enduring feud with influential writer and activist Larry Kramer.

Retrieved from “https://en.wikinews.org/w/index.php?title=Edmund_White_on_writing,_incest,_life_and_Larry_Kramer&oldid=4520289”

Wikinews interviews Rocky De La Fuente, U.S. Democratic Party presidential candidate

Thursday, March 31, 2016

De La Fuente at the Lesser-Known Candidates Forum, January 2016. Image: Marc Nozell.

Businessman Rocky De La Fuente took some time to speak with Wikinews about his campaign for the U.S. Democratic Party’s 2016 presidential nomination.

The 61-year-old De La Fuente resides in San Diego, California, grew up in Tijuana, and owns multiple businesses and properties throughout the world. Since getting his start in the automobile industry, De La Fuente has branched out into the banking and real estate markets. Despite not having held or sought political office previously, he has been involved in politics, serving as the first-ever Hispanic superdelegate to the 1992 Democratic National Convention.

De La Fuente entered the 2016 presidential race last October largely due to his dissatisfaction with Republican front-runner Donald Trump. He argues he is a more accomplished businessman than Trump, and attacks Trump as “a clown,” “a joke,” “dangerous,” and “in the same category as Hitler.” Nevertheless, De La Fuente’s business background begets comparisons with Trump. The Alaskan Midnight Sun blog described him as the Democrats’ “own Donald Trump.”

While receiving only minimal media coverage, he has campaigned actively, and according to the latest Federal Election Commission filing, loaned almost US$ 4 million of his own money to the campaign. He has qualified for 48 primary and caucus ballots, but has not yet obtained any delegates to the 2016 Democratic National Convention. Thus far, according to the count at The Green Papers, De La Fuente has received 35,406 votes, or 0.23% of the total votes cast. He leads among the many lesser-known candidates but trails both Senator Bernie Sanders who has received nearly 6.5 million votes and front-runner Hillary Clinton who has just shy of 9 million votes.

With Wikinews reporter William S. Saturn?, De La Fuente discusses his personal background, his positions on political issues, his current campaign for president, and his political future.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Rocky_De_La_Fuente,_U.S._Democratic_Party_presidential_candidate&oldid=4585942”

Human Capital Management Solution Significance For An Organization

HRM is the management of a workforce of organization. Its liable for the attraction, assessment, training, selection, and rewarding of the employees in organization, while also overseeing business culture and leadership, and ensuring adherence with labor laws and employment. In situations where employees want and are legally authorized to clasp a bargaining agreement, human resource will typically also serve as the organizations main liaison with the representatives of employees.Human capital management (HRM) can therefore be described as an input in staffs, the ability to run a job with the objective of producing economic value. Human aptitudes are required to tool an organizations idea. Consequently human capital management is non ignorable in an organization. The ability to run a job is gained by a person through experience and learning. An organization can organize training program for the employees and in this approach boost on the talents and skills like presentation, time management, telephone manner, and self evaluation towards set objectives, and in this approach have them get updated on new tools and technologies and thus sustain them on top of the game. An organization can also select to hire adequate personnel. The transformation is necessary for an organization to input health, moral values, education, and also grow sales. This HRM is classified as untouchable capital. The human capital management importance creates the individual undergoing the variation develops a personal growth, feeling of respect, and therefore leads to better performance. Human capital management is very important for business whether it is small or large.Use of tests, also helps an organization monitor the deed of its staffs and in this approach its capable to know whether they required to suggested on certain circumstances. An incentive also helps the staffs to give their perfect; this involves offering awards and perks to the perfect performing staff. Boosting their pathos by letting them know that theyre prominent assets in an organization is also prominent. Human capital management can also be described as the organizations workforce. The workforces processes can be described as the transformation of the power of raw-man resource into productive resource. This boosts to improvement in the productions quantity. It also boosts to loyalty of client, as the clients get to get better services.They makes better hiring decisions as theyre best at identifying the job works they want to be accomplished by an employee, and are capable to identify a resource most suit for the vacancy. They also play an important role in helping new staff members accommodate in the organization. They also promote for retirement advantages for staffs who have been working for an organization. They also make certain that the human capital of an organization adds value to the firm. They have capability of impacting the laying down of employees non-performing. They also are responsible for the good relation of company with the surrounding community.HRM officers also known as the HR officers are essential people in the business, as theyre the links between the organization and the employees. These are most important people in a company as are familiar with the strategic aims of a company, and they also know how to obtain them. So if you want your business to succeed, human capital management is something you cant ignore.

[youtube]http://www.youtube.com/watch?v=qrEtcFQakT4[/youtube]

GM and Chrysler receive Canadian loans amid US restructuring ultimata

Friday, April 3, 2009

General Motors (GM) and Chrysler will receive bridge loans from the government of Canada and the provincial government of Ontario, however no more will be forthcoming from either Canadian or US governments unless the companies can reinvent themselves.

“This is a regrettable but necessary step to protect the Canadian economy. We are doing this on the assumption that we obviously cannot afford either in the United States or Canada a catastrophic short-term collapse.” said Stephen Harper, Prime Minister of Canada.

“We cannot, we must not, and we will not let our auto industry simply vanish. This industry is, like no other, an emblem of the American spirit; a once and future symbol of America’s success,” said Barack Obama, President of the United States. “These companies – and this industry – must ultimately stand on their own, not as wards of the state.”File:Sinsheim quer.jpg

Fuel efficient Fiat Nuova 500 Image: Cordhose.(Image missing from Commons: image; log)

Chrysler will receive CA$1 billion and may in fact be eligible for as much as CA$4 billion. If Chrysler succeeds in the next 30 days with a restructuring plan it would be eligible for a US$6 billion loan. A part of Chrysler’s restructuring plan must include a partnership with Fiat within 30 days to appease the US administration. Fiat is a supplier of smaller fuel-efficient vehicles, and the merger will help Chrysler to be viable in the North American market. A Chrysler court bankruptcy would inevitably lead to it being sold off.

As a part of Chrysler’s restructuring plans, Tom LaSorda, the president of Chrysler announced that Canadian operations would fold if it does not receive both the US commitment of $2.3 billion of aid and a new Canadian Auto Workers CAW contract to reduce all-in costs by CA$19 per hour. As a result of this announcement Chrysler’s auto sales volume in Canada dropped 23% compared to March of 2008.

GM has until the end of May to restructure its company to receive up to CA$7.5 billion. As part of the companies restructuring, General Motor’s chief executive Rick Wagoner was replaced Sunday with Fritz Henderson, the current chief operating officer. Henderson spoke out on Tuesday that GM has submitted a restructuring plan which would close five plants, and this may be increased to meet the requirements for financial aid. He is in full compliance with Obama’s auto task force to seek bankruptcy if GM cannot negotiate with their unions, bondholders and others.

GM recently brought forward the “GM Total Confidence” program providing consumer purchase protection for customers who lose their job for economic reasons within the first two years from purchase. As a result of Chrysler’s restructuring announcement in Canada, GM’s Canadian vehicle sales volume fell only 17.3% compared to 2008, an increase from the previous month.

GM must reduce some of its legacy costs which include its pensions and union health care costs. A part of GM’s ailments arose from investing in supplying truck and SUVs during an economy of high gas prices when consumers were demanding fuel efficient vehicles.

2009 Chevrolet Traverse SUV

Tony Clement, Canada’s Minister of Industry, is hoping that the CAW will support the restructuring process and re-negotiate their agreement. Whereas a United Auto Workers negotiator has said, “I don’t see how the UAW will do anything until they see what the bondholders will give up.”

The Obama administration is looking toward bankruptcy proceedings for the automakers, “as a mechanism to help them restructure quickly and emerge stronger. [It will] quickly clear away old debts that are weighing them down. What we are asking is difficult. It will require hard choices by companies. It will require unions and workers who have already made painful concessions to make even more. It will require creditors to recognise that they cannot hold out for the prospect of endless government bailouts.” said Obama.

The auto parts suppliers and IT software exporters in India have already been affected by the declining auto sales. GM and Chrysler software contracts provide US$300 to 350 million a year to vendors in India. As well these two major automakers usually award US$1 billion contracts to auto parts suppliers. “We are worried and closely watching the developments in the US to gauge the impact. The decline in auto sales in the US has already hit the order books of Indian suppliers,” said a Delhi auto parts supplier.

“Going forward, the industry will undoubtedly be smaller, but if our efforts are successful it will be viable and it will support good jobs for Canadians,” said Clements.

Betty Sutton, Ohio’s Congresswoman put forward the CARS act which provides a US$3,000 to 5,000 incentive for those who trade in their vehicle for a fuel-efficient car. “It clearly stimulates the economy, and it gets the consumer into the showroom and gets them buying again. But importantly — and this is what I particularly like about it — it really helps the environment quite a bit in two respects.” said William Clay Ford Jr., executive chairman of Ford Motor Co.

Ford Motor Company has not come forward with requests for assistance.

Since December GM and Chrysler have received US$17.4 billion government loans.

HAVE YOUR SAY
How should the automakers re-invent themselves?
Add or view comments
Retrieved from “https://en.wikinews.org/w/index.php?title=GM_and_Chrysler_receive_Canadian_loans_amid_US_restructuring_ultimata&oldid=4455686”
Shopping Basket