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...company like Ford has the opportunity to get into a very profitable business which would bring in billions of dollars in sales a year with only a very modest investment. A car owner who has a vehicle that was made in 2005 with 80,000 miles on it can probably be made nearly new. It can certainly by rebuilt so that it is at the level that a "certified pre-owned" car is. Most of the auto dealers take low mileage trade-ins and, after a few modest repairs, sell them as nearly new. They even carry a warranty...

Author: /time Magazine | Title: Fixing The Car Industry By Fixing Cars | 3/13/2009 | See Source »

...counter to the concern that people who want a rebuilt car will not buy a new car is that dealerships are empty, as empty as graveyards at midnight. Offering to refurbish cars at a fair price will bring in a lot of customers. Most of those people will at least look at the new models. With $5,000 cash back and 0% financing for a decade, some of those customers will trade in what they have and leave with the latest model. Right now, those potential buyers won't set foot in a dealership. Once their warranties are up, they...

Author: /time Magazine | Title: Fixing The Car Industry By Fixing Cars | 3/13/2009 | See Source »

...promise,” as it was necessary to vacate the building for environmental reasons. “Am I happy that the Bence Building is basically vacated? No. This is not a good thing for Mass Ave., or the community, but the goal is that Harvard will bring retail back there,” he said. “I’m going to take Harvard on its word.” -Staff writer Sofia E. Groopman can be reached at segroopm@fas.harvard.edu...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Barber Shop To Relocate | 3/13/2009 | See Source »

...asked [Pike] to bring a little more energy to the table this year,” said Tillman. “If he can do that, our guys around him will pick up and feed off of that...

Author: By Eric L. Michel, CONTRIBUTING WRITER | Title: Harvard Seeks To Get Back On Winning Track | 3/13/2009 | See Source »

...state to regulate and tax its sale - a move that could mean billions of dollars for the cash-strapped state. Pot is, after all, California's biggest cash crop, responsible for $14 billion a year in sales, dwarfing the state's second largest agricultural commodity - milk and cream - which brings in $7.3 billion a year, according to the most recent USDA statistics. The state's tax collectors estimate the bill would bring in about $1.3 billion a year in much needed revenue, offsetting some of the billions of dollars in service cuts and spending reductions outlined in the recently approved...

Author: /time Magazine | Title: Can Marijuana Help Rescue California's Economy? | 3/13/2009 | See Source »

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