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Much of the automakers' argument hinges on the notion that the collapse of any of the key industry players would aggravate an already troubled economy. Fully one-third of automotive industry suppliers were deemed at risk of bankruptcy, according to a study earlier this year by Grant Thornton, a Southfield, Michigan, consulting firm. If General Motors files for bankruptcy, it will further impede its ability to pay its suppliers in full, on time. Many suppliers are already saddled with debt. So the extra burden will likely obliterate suppliers' operating budgets - and, in turn, cripple their ability to deliver goods...

Author: /time Magazine | Title: The Ripple Effect of a Potential GM Bankruptcy | 11/28/2008 | See Source »

...even those who reject these arguments, and insist foreign policy be dictated by self-interest, find themselves swayed by a third argument. If weather starts wars, and wars incite terrorists and violent opponents to the West, then it is in the West's self-interest to try to manage the weather. Darfur is a test case of whether our leaders are able to embrace this kind of broad, long-term view over short-term gains. If they can, they may be able to prevent the pattern repeating...

Author: /time Magazine | Title: Weather Wars | 11/27/2008 | See Source »

Heartland Heartache I am a libertarian and can't abide free government handouts, so I agree to an extent with Michael Grunwald's argument for farm-bill revision [Nov. 17]. However, I must contest some of his findings. He states, "The median farmer's net worth is five times the median American's." Of course it is - farmers own tons of acres; but let's see you try to operate your business when all that net worth is tied up in land. In addition, he claims, "the biofuel boom is also jacking up the price of grain." Yet the price...

Author: /time Magazine | Title: Capturing the Moment | 11/27/2008 | See Source »

...possibility of a student center, the positive and negative aspects of large versus small classes, and the importance of good pedagogy. Hammonds later added that she was not surprised by any of the topics discussed, as she had heard “similar versions” of each argument in prior conversations with students. She also said that the setting was more formal than she had expected—students were seated around a large table and each had name placards, while Hammonds wore a red nametag—and that she would like to see the event made more...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Hammonds Hosts Undergrads at Tea | 11/24/2008 | See Source »

Over the past few weeks, you’ve probably seen a few editorials in various publications trumpeting Barack Obama’s election as a harbinger of the end of racism in America. Since we have elected a black man president, the argument goes, discrimination in this country is a shadow of the serious problem it once was. And certainly, it is true that since the Civil Rights Movement, our society has made tremendous strides towards tolerance, reconciliation, and the attenuation of racial stereotypes...

Author: By Anthony P. Dedousis | Title: Are We There Yet? | 11/23/2008 | See Source »

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