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...Automakers argue that the state's greenhouse-gas emission standards amount to new fuel-economy rules because about the only way to meet the California standard is to limit the use of fuel burned in the engine: Cars and trucks would have to get 43 miles per gallon on average by 2016, which is far higher than the 35 miles per gallon by 2020 target currently approved by Congress in the Energy Act of 2007. Such a leap would require sweeping changes in the vehicles American drive...

Author: /time Magazine | Title: California and Detroit Go to War over Gas Mileage | 3/8/2009 | See Source »

...Hiring a new person in a strong downturn takes a certain amount of courage. At this point courage is being aided by the calculus of workforce filled with a huge number of people who are willing to work for much less than what they were paid in their former jobs and are often overqualified for most new positions they might find. Investment bankers actually do look for work as retail store clerks if they need the money enough. Unfortunately, no company in the retail industry will hire a soul until the next holiday season...

Author: /time Magazine | Title: Despite Rising Unemployment, Here's the Economics Of Hope | 3/6/2009 | See Source »

Palin, Gov. Sarah • a mere 13% of the vote - the exact same amount won by Ron Paul - is won by in Conservative Political Action Conference presidential straw poll (and if these folks don't want her, who does...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 3/6/2009 | See Source »

...Lisa Murkowski of Alaska, Democrats like Mary Landrieu of Louisiana and Robert Byrd of West Virginia, who never met an earmark he couldn't name after himself. But earmarks are not the only way they bring home the bacon. In fact, the earmarks in the current budget bill amount to only $7.7 billion, less than 2% of the overall spending. But they will get 98% of the attention. This happens every time Congress passes a spending bill; the media focus on earmarks, which often sound funny and vaguely scandalous, while ignoring the rest of the substance of the bill...

Author: /time Magazine | Title: Obama's Budget: Earmarks Aren't the Real Problem | 3/5/2009 | See Source »

...other delicate touches are cast, oddly enough, by natural light streaming in from either end of the casino floor. And not only through windows - the main entrance to the Encore casino takes you through a lush, plant-and-tree-filled atrium over three stories tall. There's a certain amount of whimsy at play here too: for instance, the brightly colored butterflies inlaid into the mosaic floors. It makes the contemplation of losing at the tables almost pleasant...

Author: /time Magazine | Title: Stick It to the Recession: Wynn's Vegas Encore | 3/5/2009 | See Source »

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