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Washington State Jay Inslee was the state's only Democrat to vote against the bailout, putting him at odds with five other Democrats. It's not that Inslee was worried about getting re-elected; he won 64% of the vote in the August primary and is expected to easily win a sixth term representing the First District, which includes well-to-do Seattle suburbs and the high-tech enclave of Redmond, home to Microsoft - an area full of people whose 401(k)s and stock holdings would likely benefit from a bailout. Inslee says that he simply felt the bill...

Author: /time Magazine | Title: Why Main Street Is Mad: Scenes from a Financial Crisis | 10/1/2008 | See Source »

...anecdotal evidence - like Bank of America declining to increase lending to McDonald's franchisees even though the two companies have a long-standing partnership - and things do seem to be cascading down to Main Street, or whatever road is home to your local fast food joint. In August, 67% of small-business owners said they'd been affected by the credit crunch, compared with 55% in February, according to surveys by the National Small Business Association...

Author: /time Magazine | Title: The Credit Crunch: Where Is It Happening? | 9/30/2008 | See Source »

...existing local ecosystem. On Palmyra Atoll, 1,000 miles south of Hawaii, a population explosion of corallimorph, an aggressive creature similar to anemones and coral, killed almost all the coral growing around a long-line fishing vessel that sank in 1991, according to a report published in August in the journal PLoS One by Thierry Work, a wildlife-disease specialist at the U.S. Geological Survey, and his colleagues. The corallimorph were probably attracted to the leaching iron, a valuable nutrient in the sea, says Work. Since the organism, which sparsely populates other parts of the reef, grows fast, is aggressive...

Author: /time Magazine | Title: America's Underwater Junkyard | 9/30/2008 | See Source »

Taking the rapid pace of inflation into account—a rise of almost 3.5 percentage points since August 2007—this deferment of budget proposals signifies a decrease in real funding...

Author: By Alexandra perloff-giles, CRIMSON STAFF WRITER | Title: Congress Backs Flat Higher Ed Funding | 9/30/2008 | See Source »

...Harvard College, was recently named Associate Dean of Undergraduate Education. Her primary task in this new role is to help implement the new Gen Ed program, which is set to launch next fall. Kenen shares her new position with Noel Bisson, who was also appointed to the post in August, but it is Kenen’s task to make sure that Gen Ed is fully functional by next fall. “The areas of my duties are largely the same,” said Kenen, who was previously an assistant dean for four years. “There?...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Team Assembled To Launch Gen Ed | 9/30/2008 | See Source »

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