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...Another charge against supplementing the costs of adding employees to the private sector is that it is a form of welfare. That is almost entirely true, but so is hiring people to build bridges which could be just as easily constructed in a year, or two years, or five. Underwriting infrastructure construction is no more or less welfare than most other forms of stimulating commerce...

Author: /time Magazine | Title: Creating Jobs Trumps Building Bridges | 1/27/2009 | See Source »

...limits of deceiving a prisoner in the name of getting information: "[The interrogator] may, according to international law, use ruses of war to build rapport with interrogation sources, and this may include posing or "passing himself off" as someone other than a military interrogator. However, the collector must not pose as: A doctor, medic, or any other type of medical personnel; Any member of the International Committee of the Red Cross (ICRC) or its affiliates. Such a ruse is a violation of U.S. treaty obligations; A chaplain or clergyman; A journalist; A member of the U.S. Congress...

Author: /time Magazine | Title: The Army Field Manual | 1/26/2009 | See Source »

...loan gives the U.S Treasury warrants to purchase 5% to 15% of the Chrysler shares now in the hands of Cerberus. Fiat will eat further into the Cerberus stake, and it also has the option of tapping into Daimler AG's remaining stake in Chrysler as a way to build its stake to 55%, according to Rebecca Lindland of the consulting firm of Global Insight...

Author: /time Magazine | Title: So Who Owns Chrysler Now? | 1/23/2009 | See Source »

...sentence, The American Recovery and Reinvestment Bill of 2009 will have to build a bureaucracy larger than any ever created by the US government in order to manage its many parts...

Author: /time Magazine | Title: A Guide to Reading the America Recovery and Reinvestment Bill | 1/22/2009 | See Source »

Last week, General Motors Chairman and CEO Rick Wagoner insisted that "the supply, design and construction of [electric-car] batteries must be a core competency of GM." GM plans to build a plant soon, as well as a battery research center, along with the University of Michigan. Toyota is already majority owner of the plant that makes the batteries for its Prius gas-electric hybrid car. Other car companies are looking to manufacturing firms like Chinese BYD, a leading cell-phone battery producer, to satisfy their battery needs...

Author: /time Magazine | Title: For Lithium Car Batteries, Bolivia Is in the Driver's Seat | 1/22/2009 | See Source »

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