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...California would include broadband expansion, IT enhancement, and energy grid enlargement. The regulatory environment in California has always been strict. Almost all the federal government stimulus packages will require approval, likely from multiple bureaucracies in this state. This alone means that the economic crisis in the Golden State cannot be mitigated in any serious way until well into...

Author: /time Magazine | Title: Is California the State Closest to Economic Ruin? | 1/28/2009 | See Source »

...there are strong arguments to thwart the doubters. Toxic assets may never be worth close to the government's purchase price. The most serious problem is that taxpayers may never see any return at all on that capital. That case cannot be made about land. Keeping up property owned by the government is employment worth creating because it hastens the time that the property can be viewed as valuable and salable. The federal government plans to rebuild monuments in Washington at an estimated cost of $400 million. This money might be better spent on maintaining real estate bought as part...

Author: /time Magazine | Title: Memo To Congress: "Buy Land, They Ain't Making Any More Of It" | 1/28/2009 | See Source »

...importance of direct negotiations on this issue cannot be understated. The current diplomatic approach to Iran’s nuclear ambitions is overwhelmingly dependent on economic sanctions and is simply not effective. This is due to the volatile state of global energy markets, particularly crude oil. Since Tehran relies on oil exports for 85 percent of its foreign exchange revenue, UN sanctions can be rendered meaningless by steady increases in the price of oil and gas—a trend that has reached alarming rates in the past five years...

Author: By Matthew H. Ghazarian | Title: It’s Diplomacy, Stupid! | 1/28/2009 | See Source »

...single most direct option is for the government to pay a portion of the salary of each net new employee a company hires. For the recently unemployed, this could be a boon for earlier reemployment. If a company could use new people for expansion but cannot afford them, having 50% of their first year's salary paid by the federal government gives it the opportunity to grow.. This proposal would allow firms which have let people go to save money, even at the peril of the viability of their businesses, the chance to bring them back...

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

...Town Watch program and demanded answers from city officials. According to local newspapers, at least 100 people packed the meeting, causing the police chief, city manager and city-council members to hurry over to deal with the crowd. Police chief William Matthews tried to reassure the residents. "We cannot have people roaming the streets with guns," he said, according to the Daily Times newspaper...

Author: /time Magazine | Title: Who Is Setting Fire to Coatesville? | 1/27/2009 | See Source »

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