Made by a child. It hit the soldier especially hard because he wouldn’t make it home for Christmas himself.
On the back of a Christmas picture was a note from a boy named Dalton, thanking the soldier for his sacrifice.
Dear Soldier,
Have a Merry Christmas and happy new year and thank you for ceping us safe.
Sincerely,
Dalton
(If that didn’t make your heart melt a little…)
Lots of men and women in our military won’t be home this Christmas. We wanted to take this opportunity to say THANK YOU and Merry Christmas!
Source: viralnova.com
The
Treasury Department announced this week that the government’s shares
from the General Motor’s bailout had all been sold off, resulting in a taxpayer loss of $10 billion.
The controversial decision to bailout the American automaker raises the question: What if they had simply filed for bankruptcy as Mitt Romney so astutely suggested?
“Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check,” the former Republican presidential candidate wrote in a highly criticized New York Times op-ed.
The point of his op-ed at the time was largely over looked at the time. Romney was not suggesting that the auto companies disappear, but that they need a fundamental restructure to stay competitive in a now-globalized marketplace.
“The American auto industry is vital to our national interest as an employer and as a hub for manufacturing,” Romney wrote.
“A managed bankruptcy may be the only path to the fundamental restructuring the industry needs. It would permit the companies to shed excess labor, pension and real estate costs.”
Filing for bankruptcy allows companies to restructure their debt and renegotiate union contracts. Airline companies file for bankruptcy regularly because it is the only way to get out of their union agreements.
Instead, the government intervened, using $49.5 billion of taxpayer money, to assist an ailing company. The company is not better off for it. Neither are the American people.
Today, the city of Detroit is filing for bankruptcy, allowing the city to restructure much of the same things that General Motors needed to. There is hope among many that the city will be able to resurge much more organically, rather than living high off of a government bailout.
General Motors is alive today, like the campaign rally chant praised, but in what condition? The government wasn’t even able to break even with their stock price. By anyone’s bet, that’a pretty lousy investment.
“In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check,” Romney fortuitously wrote.
- See more at: http://rare.us/story/mitt-romney-was-right-again/#sthash.c0Lpw9lT.dpuf
The controversial decision to bailout the American automaker raises the question: What if they had simply filed for bankruptcy as Mitt Romney so astutely suggested?
“Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check,” the former Republican presidential candidate wrote in a highly criticized New York Times op-ed.
The point of his op-ed at the time was largely over looked at the time. Romney was not suggesting that the auto companies disappear, but that they need a fundamental restructure to stay competitive in a now-globalized marketplace.
“The American auto industry is vital to our national interest as an employer and as a hub for manufacturing,” Romney wrote.
“A managed bankruptcy may be the only path to the fundamental restructuring the industry needs. It would permit the companies to shed excess labor, pension and real estate costs.”
Filing for bankruptcy allows companies to restructure their debt and renegotiate union contracts. Airline companies file for bankruptcy regularly because it is the only way to get out of their union agreements.
Instead, the government intervened, using $49.5 billion of taxpayer money, to assist an ailing company. The company is not better off for it. Neither are the American people.
Today, the city of Detroit is filing for bankruptcy, allowing the city to restructure much of the same things that General Motors needed to. There is hope among many that the city will be able to resurge much more organically, rather than living high off of a government bailout.
General Motors is alive today, like the campaign rally chant praised, but in what condition? The government wasn’t even able to break even with their stock price. By anyone’s bet, that’a pretty lousy investment.
“In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check,” Romney fortuitously wrote.
- See more at: http://rare.us/story/mitt-romney-was-right-again/#sthash.c0Lpw9lT.dpuf
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