First Topic – GM Announces More Cuts and The End of Pontiac
General Motors Corp. could be majority owned by the federal government and the United Auto Workers under a massive restructuring plan laid out today that will cut 21,000 U.S. factory jobs by next year and eliminate the storied Pontiac brand. The plan, which includes an offer to swap roughly $27 billion in bond debt for GM stock, would leave current shareholders holding just 1 percent of the century-old company, which is fighting for its life in the worst auto sales climate in 27 years. What will the impact of this announcement be? We look at it with George Schwartz of the Ave Maria Catholic Values Funds.
Second Topic – Kresta Comments on the need for Catholic Radio
Third Topic – Disney Earth
A 20-foot great white shark hangs in the air, its entire bulk suspended a meter or more above the surface, its jaws closing on a fur seal gulped from the surf in a mighty leap. Time-lapse photography reveals exotic fungi extruding netlike, lacy veils, bright orange slime molds throbbing and quivering as they spread across the rain forest floor. A menagerie of African animals, struggling through desert to the river for the seasonal floods. Welcome to Disney’s Earth. Adapted from the groundbreaking 9-hour BBC miniseries “Planet Earth,” Earth offers an impressive selection of some of the most astounding images ever captured of the natural world. It was released this weekend and Steven Greydanus has the review.