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Showing results for tags 'demise'.
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Moral Decay and the demise of the American economy
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The practice of opening the hood at every fuel stop used to be routine. With an oil-soaked rag in hand, the worker reached over and pulled out the hot metal dipstick, and after a quick cleaning swipe, the dipstick was plunged back into its tube and pushed down into the sump of scalding oil. Withdrawn again, a tell-tale black film in the middle of the scored lines marked the oil level very accurately. Today, many late model vehicles are running sans oil dipstick. Electronic oil level senders have replaced the metal rod
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http://www.cnn.com/2005/AUTOS/06/08/toyota...reut/index.html If GM or Ford fails or are teethering, the US will institute protectionist policies. There is even talk of Toyota intentionally raising their prices to help GM! One reason for GM's demise is this: Some people got to realize that some unions can cause damage. 25,000 employee discounts! For GM's case, the retirees of GM get medical benefits.
