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One of the largest motor vehicle manufacturing companies in not only the country but also the world Alessio Romagnoli AC Milan Jersey , General Motors, is planning to cut close to 47,000 jobs as they continue to struggle along with every other business in this tough economy. General Motors also announced that they will need an extra $18 billion from the United States Treasury to survive their current economic downturn. Of the 47,000 jobs they need to cut Andrea Conti AC Milan Jersey , 20,000 of those jobs will be based in the United States and the rest will be worldwide.

General Motors has already received $13.4 billion in loans from the United States Treasury and $4 billion of that was allocated on February 17, 2009. The company also submitted a restructuring plan to the Treasury on the 17th of February asking for an additional $12 billion in term loans and a $6 billion credit line. By the year 2012 General Motors is planning on shutting down 14 plants, five of them in North America. The plants have yet to be chosen or announced to the public as to which ones will be shut down. General Motors also announced that Saturn will either be phased out or spun off by 2012 and Hummer will also be phased out by March 31 of this year.

General Motors will continue to focus on Cadillac Fabio Borini AC Milan Jersey , Chevrolet, Buick and GMC Trucks while keeping Pontiac as their niche product. Another announcement that came from General Motors is that they are planning on closing down 2,000 dealerships over the next five years. At the end of 2008 General Motors had 6,246 dealerships across the country. They plan to reduce that number to 4 Hakan Calhanoglu AC Milan Jersey ,700 by 2012 and 4,100 by 2014. General Motors has the money in reserves for dealership buyouts but will also need private financing to help with the buyouts of the dealerships.

Along with General Motors, Chrysler also announced that they plan to cut 3,000 jobs and will need another $5 billion in relief aid to keep their company up and running in these tough economic times. The majority of the jobs being cut by the General Motors Corporation will be hourly employees. Close to 37 Krzysztof Piatek AC Milan Jersey ,000 of the 47,000 jobs being cut by General Motors are jobs that work on hourly wages.

President Obama's automotive task force met in Washington on the 20 of February to discuss whether or not the government will award over $21 billion more in aid to General Motors and Chrysler. The panel is led by Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers. This panel has the power to force the automakers to declare bankruptcy or to merge into one large company. The market value for General Motors is $1 billion and it was over $27 billion just five years ago. The meeting that was held on the 20th of February was the first of only a handful of meetings for the task force that will determine how the automotive industry will rebound during these tough economic times. The future of GM and Chrysler is in the hands of this task force. We can only hope for the best.
Achieving financial freedom with Network Marketing on The Internet - Part 10 Home Business Articles | May 26, 2004
Achieving financial freedom with Network Marketing on The InternetBy Tasos VasilopoulosPart 10 - Time for decisions - Choose a web hosting companyIntroductionThis article makes part of a series of 20 ...


Achieving financial freedom with Network Marketing on The Internet
By Tasos Vasilopoulos
Part 10 - Time for decisions - Choose a web hosting company
Introduction
This article makes part of a series of 20 articles. The subject of this series is the creation and promotion of a website as a cost-effective method to establish a profitable home based business on the Internet.
In my previous article, ?Achieving financial freedom with Network Marketing on The Internet ? Part 9 - Create the pages that will contain the links? Suso AC Milan Jersey , I have guided you in creating the pages in your website that will contain the reciprocal links.
In this article I will help you how to choose the right web hosting company.
Choose a web hosting company.
There are hundreds of companies on the Internet offering space in their servers for your web pages for less than $10 monthly. Most of them are good. They offer services to you like:
· CGI-BIN, SSI, htaccess, Cronjobs
· Web-Based Email (secure)
· Member Operations Control Panel
· Control Panel Web Users
· PHP4 w Zend Optimizer Samu Castillejo AC Milan Jersey ,
· Perl5,
· Sendmail
· FrontPage 9820002002 Ext.
· Webstats, Raw Log Files
· Built in osCommerce (Shopping Cart)
· Secure Socket Layer (Secure Server)
· DNS Control (A record, Cnames Giacomo Bonaventura AC Milan Jersey , MX records)
· MySQL Database
· Flash, Shockwave, Midi, Mulitmedia Support
· And others
These are tools needed by webmasters who want to incorporate e-commerce Davide Calabria AC Milan Jersey , use databases in their websites and other advanced options.
You must select a company that offers:
o At least 1GB of space
o At least 5GB of download size per month
o The ability to use an FTP program to upload your pages
o A control panel to administer your website
o Full support for cgi and perl scripts
o Statistics for the visitors of your web pages
I have my websites hosted in Powweb http:www.powweb and in ICDSoft http:www.icdsoft. Both are good companies. They answer my questions in hours. I haven?t noticed even one whole day of download for the last three years.
Also, have in mind that you can change your web hosting company whenever you want. Just find another one that suits your needs, pay for their services and make the changes needed in your DNS servers (see what does this mean in Appendix C of my ebook at http:www.netincome.grnm-ebookebook.htm or read the instructions that domain name registrars include in their pages).
Of course you will loose the money paid to your previous web hosting company in case you make the change before the end of the period prepaid.
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