Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: TideGlider who wrote (659245)	11/10/2004 11:05:43 AM
From: TigerPaw	Read Replies (1) \| Respond to of 769670

rate hikes bring the dollar up vs Euro Exactly, that is why I am awaiting that action. I'm a big believer in dollar cost averaging, (although it will soon be Euro cost averaging). TP

To: TideGlider who wrote (659245)	11/10/2004 6:47:19 PM
From: puborectalis	Read Replies (2) \| Respond to of 769670

Rapidly rising health-care costs have weighed down the automotive industry, William Ford Jr., chief executive officer of Ford Motor, told industry executives Wednesday. Despite cutting costs by billions of dollars over the past few years, Ford Motor's (F: news, chart, profile) medical liabilities are threatening its fiscal health, said the executive, who has been at the helm for the past three years. His great-grandfather, Henry Ford, started the company. "In 2000, we paid $2 billion for employee health care," Ford told the audience at the U.S. Chamber of Commerce. "In 2003, those costs rose to $3.2 billion." The $1.2 billion rise in benefits for Ford's 500,000 employees adds about $1,000 to the price of each car the company manufactures and cannot be sustained, Ford said. "We spend more on health care than we do on steel," he added.