Merkel visits Greece as 50, people protest - as it happened | Business | The Guardian
Used Jeep Liberty, from Mercedes-Benz of Boston in Boston, MA, This week I called Shaun Millien to see if he was available to meet with me to talk about trading in my ML for a And appreciate the Greek connection too!. Jeep is a brand of American automobiles that is a division of FCA US LLC ( formerly Chrysler Some of Jeep's vehicles—such as the Grand Cherokee— reach into the luxury SUV segment, a market segment the Wagoneer is considered to have .. – Jeep Liberty KK or Jeep Cherokee (KK) outside North America. Each member of our Zeigler CDJR Schaumburg team is passionate about our vehicles and dedicated to providing the % customer satisfaction you expect.
Will you concentrate, please? Go back to 1 Maynard reads from the yellow legal pad on which he has been taking notes. We would at least be addressing the long term problem of the debt burden. In fact, when you combine that with the wage cuts, then I think that this package may be completely impossible to implement in Greece. It would certainly have the crowds on the streets, even if the fiscal transfers were very large.
Special Trips in Greece : ROAD TRIP TO GREECE WITH JEEP 4X4
He excuses himself and walks out of your office. You wait for his final cutting remark, but it never comes. What we have here is a classic Eurofudge, and I think Europe might go for that. We can only go ahead with this line of thinking if you are convinced that the Greek political system is a lot more robust than it appears to be. If it worked, it would be heroic.
If it works, it certainly forms a strong basis for fiscal union. Maybe that will help sell it. Maynard is not looking wholly sceptical as he drains his tea.
I think the problem with it is the size of the funds that would be needed, and also it is going to take a lot of work to convince Europe that the end of the road here has a Greece with sufficient competitiveness to maintain current account balance.
A difficult sell to the creditor countries, but I think it deserves a chance. Since the Greek economy is not going to generate enough output to pay the debt, a writedown is necessary out in the future. The only difference here is that Greece is going to be a constant debtor on the brink of default, continually in breach of its debt and defict targets and at the mercy of the troika; so it will effectively have a constant IMF program in return for its current account financing.
Maynard passes you a slim folder. Go to 5 And the debt numbers were a lot better.
I think this plan will play well with the harder-nosed members of the troika, but I suspect that the Greek government will run a mile from it. If we can presume enough debt relief to bring the long term fiscal position to a non-explosive path, then the Euroland partners are already contributing quite a lot.
Asking them to provide even more in the way of structural subsidies is going to be tough, although I suppose we are at least showing them a path to sustainability.
The question is going to be — can we rely on enough fiscal support for Greece to smooth the path of adjustment and welfare spending to make the internal devaluation bearable for the Greek government? Hmm, how much political autonomy are we going to ask Greece to give up? The next decision relates to the Greek current account.
Are we going to aim to bring it roughly into balance? Maynard is scribbling notes on his legal pad. This makes a kind of sense, but wow … you are doing a lot of damage to the economy of Euroland here. This has a financial crisis and credit crunch really quite likely across the Euro area, which is hardly the best environment for financing a generous fiscal bailout for Greece. But Greece has quite a big import bill, and it is going to be asking for transfer payments to pay for medicines and fuel.
So, what governance arrangements would we be thinking of when arranging this transfer package? Maynard pours himself another cup of tea. And I suppose the idea is that we are going to get them to throw themselves on the mercy of the court, claiming that the domestic political tensions were just too urgent to support the debt burden for another minute.
Might work, I guess. So, are we going the full monty in terms of Greece giving up sovereignty? In or out of the Euro? Maynard puts his pad of paper down and looks you in the eye. What kind of governance arrangements are we thinking about?
Not wholly impossible I suppose — as Greece still maintains the threat of Euro exit, which would be considerably more inconvenient for them — but very difficult. It does reduce debt levels, but in a needlessly swashbuckling way that is likely to cause as many problems as it solves. Quite apart from anything, we would need a subsidiary plan to reconstruct the Greek banking sector. You might have heard him muttering an insult under his breath as he walks out, but you might have been mistaken.
Negotiated writedown within the euro and then … what? Now — are we putting together a plan which involves Greece staying in the Euro? If we can keep Greek society together, then we get money from the Troika to rebuild the banking system after the consequences of Euro exit, and to smooth the consumption path.
But I worry about the politics. And the standard of living in Greece is going to have to fall quite a lot in the near term, as the price of essential imports rises. It seems more or less politically feasible to me, but the economics are pretty tough for Greece and Euroland. Maynard is clearly worried. He walks over to the refreshments trolley and pours himself a cup of tea. Is the plan going to involve an internal devaluation? There will need to be wage controls and benefit cuts.
Maynard makes a face. Frankly, the fate of the structural funds that have already gone in is unlikely to make anyone optimistic about doing the same thing on ten times the scale.
So, what would your plan for Greece be?
He leaves his cup of tea behind and walks out of your office. Shall we back up a few stages? Maynard gulps his tea. This is going to be a tough sell for Germany, and not just for them. This is effectively the German solution for the DDR - we effectively mutualise the past debt liability, hand over political control to a more functional entity, who is going to impose wage cuts, and then put a regime of transfer payments in place to smooth the adjustment path.
Do we have Greece staying in the Euro? Maynard pulls a face. Plan for the worst and hope for the best, I suppose. That really cuts down our options and makes them in general much more unpalatable. Might make sense, I guess — although I think a lot of people are going to question the debt dynamics without any further restructuring. And this plan has them staying in the Euro, yes? Because the US War Department required a large number of vehicles in a short time, Willys-Overland granted the US Government a non-exclusive license to allow another company to manufacture vehicles using Willys' specifications.
The Army chose Ford as a second supplier, building Jeeps to the Willys' design. Willys supplied Ford with a complete set of plans and specifications. There were subtle differences between the two.
Willys also followed the Ford pattern by stamping its name into some body parts, but stopped this in An average of were supplied to every Army infantry regiment. Jeeps were used for many purposes, including cable laying, saw milling, as firefighting pumpers, field ambulances, tractors and, with suitable wheels, would even run on railway tracks.
An amphibious jeep, the model GPA, or "seep" Sea Jeep was built for Ford in modest numbers but it could not be considered a huge success—it was neither a good off-road vehicle nor a good boat. The Land Rover was inspired by the Jeep. The utilitarian good looks of the original Jeep have been hailed by industrial designers and museum curators alike. The Museum of Modern Art described the Jeep as a masterpiece of functionalist designand has periodically exhibited the Jeep as part of its collection.
Pocket Stove"the two most important pieces of noncombat equipment ever developed. Some ads claimed to offer "Jeeps still in the factory crate.
Features & Specs
The Jeepney is a unique type of taxi or bus created in the Philippines. Jeepneys were built from Jeeps by lengthening and widening the rear "tub" of the vehicle, allowing them to carry more passengers.
Over the years, Jeepneys have become the most ubiquitous symbol of the modern Philippines, even as they have been decorated in more elaborate and flamboyant styles by their owners.
Most Jeepneys today are scratch-built by local manufacturers, using different powertrains. Aside from Jeepneys, backyard assemblers in the Philippines construct replica Jeeps with stainless steel bodies and surplus parts, and are called "owner-type jeeps" as jeepneys are also called "passenger-type jeeps". Ford's M of which the latest is the Humvee. On February 1,contract N8ss was approved for 1, units "especially adapted for general reconnaissance or command communications" and "constructed for short period underwater operation such as encountered in landing and fording operations.
It had heavier full-floating axles and a foldable, vertical, flat windshield. Today, it serves other countries, and is still being produced by Kia under license. Jeep etymology See also: Joe Frazer, Willys-Overland President from toclaimed to have coined the word jeep by slurring the initials G.
Lee Ermey on his television series Mail Calldisputes this "slurred GP" origin, saying that the vehicle was designed for specific duties, and was never referred to as "General Purpose" and it is highly unlikely that the average jeep-driving GI would have been familiar with this designation. Ermey suggests that soldiers at the time were so impressed with the new vehicles that they informally named it after Eugene the Jeepa character in the Thimble Theatre comic strip and cartoons created by E.
Segaras early as mid-March Eugene the Jeep was Popeye's "jungle pet" and was "small, able to move between dimensions and could solve seemingly impossible problems. A precursor of the Boeing B Flying Fortress was also referred to as the jeep.
Sanders, a dictionary of military slang, published inin the library at The Pentagon gives this definition: A four-wheel drive vehicle of one-half- to one-and-one-half-ton capacity for reconnaissance or other army duty. A term applied to the bantam-cars, and occasionally to other motor vehicles U.
Also referred to as "any small plane, helicopter, or gadget. Early inWillys-Overland demonstrated the vehicle's off-road capability by having it drive up the steps of the United States Capitoldriven by Willys test driver Irving "Red" Hausmann, who had recently heard soldiers at Fort Holabird calling it a "jeep.
Soldiers in the rear seat for gunners were unperturbed. Although the term was also military slang for vehicles that were untried or untested, this exposure caused all other jeep references to fade, leaving the 4x4 with the name. Brand, trademarks and image Willys wartime advertisement promoting its Jeeps' contribution to the war effort The "Jeep" brand has gone through many owners, starting with Willys-Overlandwhich filed the original trademark application for the "Jeep" brand-name in February The Federal Trade Commission initially ruled in favor of Bantam in Maylargely ignoring Minneapolis-Moline's claim, and continued to scold Willys-Overland after the war for its advertising.
The original 9-slot grille associated with all World War II jeeps was designed by Ford for their GPW, and because it weighed less than the original "Slat Grille" of Willys an arrangement of flat barswas incorporated into the "standardized jeep" design.