PostBadge tag to show // FeedBurner FeedFlare. // ------------------------- // FeedBurner account and feed required. // Sign up at http://feedburner.com //================================================ class module_feedflare { function init(){ global $gregarious; $gregarious->add_settings ( array ( 'feedburner_url' => '' ) ); $gregarious->add_page ( 'FeedFlare', 'modules/feed-flare/icn_Flare.png', 'page_feedflare();', 'feedFlare' ); } function postbadge_tags(){ return array ( array ( 'tag' => '%FLARE%', 'replacewith' => 'feed_flare("",false)' ), ); } function update_info(){ return 100; } } //------------------------------------------ // TEMPlATE TAGS //------------------------------------------ function feed_flare($settings = '', $echo = true){ global $wp_query; $post = $wp_query->post; $sets = array('postID' => $post->ID, 'before' => '', 'after' => 'Gregarious FeedFlare', 'force' => 0 ); grab_sets($settings, $sets); if ( !$sets['force'] && hideOnID($sets['postID']) ){ return ''; } if( !$path = _get_feedburner_url() ) return ''; if( substr( $path, -1 ) == '/' ){ $path = substr( $path, 0, strlen( $path ) -1 ); } $path = str_replace ( 'feedburner.com/', 'feedburner.com/~s/', $path ); $path .= '?i='.get_permalink($sets['postID']); $result = $sets['before'] . "" . $sets['after']; if($echo) echo $result; else return $result; } function _get_feedburner_url(){ $feedurl = greg_get_option( 'feedburner_url' ); if ( $feedurl ){ return attribute_escape($feedurl); } else { $feedburner_settings = get_option('feedburner_settings'); if( is_array($feedburner_settings) && ($feedurl = $feedburner_settings['feedburner_url']) ) { return attribute_escape($feedurl); } else { return false; } } } //------------------------------------------ // OPTIONS PAGE //------------------------------------------ function page_feedflare(){ $feedurl = _get_feedburner_url(); ?> Chapter 11 a Solution for US Carmakers? at spencerb.net



Chapter 11 a Solution for US Carmakers?

The US car industry will not be shut down, but it does need to be restructured. That is what Chapter 11 of America’s bankruptcy code is supposed to do. A variant of pre-packaged bankruptcy – where all the terms are set before going before the bankruptcy court – can allow them to produce better and more environmentally sound cars. It can also address legacy retiree obligations. The companies may need additional finance. Given the state of financial markets, the US government may have to provide that at terms that give the taxpayers a full return to compensate them for the risk. Government guarantees can provide assurances, as they did two decades ago when Chrysler faced its crisis.

FT.com / Comment / Opinion – Chapter 11 is the right road for US carmakers.

A great piece from the Financial Times explains how Chapter 11 would be the best solution for Detroit.  This goes back to something Dan said at Up for Grabs, Detroit is like a bucket with a hole in it – the money just drains out.  The FT piece cites industry experts who believe the Big 3 need more than $125 billion to get out of this miss.  Giving them $15 billion now is like using that bucket with a hole to try and save a sinking Titanic – futile.

Even so, we should not forget that a few months ago, President George W. Bush said there was not enough money for health insurance for poor children although it cost just a few billion dollars.

I think the above paragraph makes a great point.  We shouldn’t be forgetting the things this money could go to…The money draining out of the bucket.

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