humiliating way possible. why not? they can t the detroit free press said human resourced department emailed employees at the facility in austin, texas, with a meeting in the conference room. once they are hr read soon to be fired employees a prewritten script and we escorted them out the front door in front of colleagues. the employees who survive those cuts stood in their cubicles watching in horror. workers who had fewer than three years of seniority received a few weeks of severance pay. taxicabs find out side of gm so employees could make it home after the company compensated their corporate cars. c why did gm do this? we don t know. the company issued a press release with doublespeak that it barely qualifies as english. general motors accelerates transformation, that is the title of the press release. that might be the flavor of it. the company described mass firings as a way to drive significant cost efficiencies. plans weren t closed according
democrats and say we all agree this is a problem. let s figure out a solution your friend, gary cohn, helped with shuster. you re right n this day and age, if you had said let s do it in a bipartisan way, would have made sense. to play devil s advocate, to me, that safety is tantamount to everything else. once you privatize something and have the donald trumps of the world and everything is cost efficiencies, how do i know in a privatized situation that my operator is not cutting corners for the sake of canada has it. europe has it. but just as a free markets guy, as a capitalist, trying to keep my costs down, from a layman s term wouldn t that be a concern of something? walter explained it. a lot of other countries have done t you have the same issue in food safety, right? food companies can produce food that s bad for you. we have a set of regulations around it that people obey.
thank you for much for being was. and joe bebe is back, contributinged for for rolling stone. let s get right to it this mo morni morning. the investigation into whitney houston s death, her body is back in new jersey. they are refusing to say whether or not she drowned. they re waiting for the toxicology reports. in past cases, we know it could take weeks or weeks. he also won t comment on whether alcohol or drugs may have played a role in her death. look at a body and not know what the cause of death is. you might have a suspicion, but the person could have suffered a heart attack or an embolism or something. and no matter what medications they re taking, until we run a toxin and see the level and see what s in the system, we re not going to speculate. he s been on tv a lot saying a lot of nothing lately. how come it takes eight weeks to do a toxicology report? this is typical. let s be honest. we re talking at many, many tests. you know, initial reports say i r
mean, basically the same unemployment numbers as the peak of the recession. okay, but it s growing and that s the why reason gas prices have been up in the united states. now, our spiking oil prices a medium and long-term concern and is unrest in the middle east the concern for oil prices, absolutely a full count. stuart: charlie, what do you say. a place for stagflation, this is an economy that s growing by gdp because it s cutting jobs and getting cost efficiencies and it s not a kind of growing because more people are working, greater output from businesses, it s a bizarre recovery so it s not really recovery and we re getting inflation on top of that. i tell you this feels like the 1970 s and that s when you add high unemployment and rising inflation and by the way, the only way to deal with that is it to ratchet up interest rates very high and create a very, very harsh recession. we re 19 months into this recovery, a long time into
husband and i have our own business. we try to offer better solutions all the time for our customers. the federal government isn t keen on doing that. that is what i think the inga ingenuiity is. new and different ideas and that isn t the be you wil all d all. we are only just started but with the proviso and the asterisk that i agree with the concerns for senior citizens and their fear that they will have to assume the costs themselves. one thing we also need to focus on chris: you are not wedded to a voucher plan for medicare. i m wedded to the idea of cost efficiencies and savings. how we get there to open is discussion. plus the other thing that we should focus on would be cures. cures for things like alzheimer s. cures for things like diabetes. it is expensive to cover the cure for sickness. i would prefer to see money