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...Global Problem, Global Solution In the event of a severe economic downturn, the U.S. - like other countries - would find it much harder to export its goods and services around the world. According to the U.S. Chamber of Commerce, 12 million American jobs depend on trade, including 1 in 5 factory jobs. One in 3 acres of U.S. farmland is planted for export, and many of the nation's biggest corporations, from Coca-Cola to Microsoft and Google, depend on substantial revenues from overseas...

Author: /time Magazine | Title: Behind the Global Markets' Meltdown | 10/8/2008 | See Source »

Watching the House of Representatives vote on the Wall Street bailout plan Monday from the press balcony, I happened to be standing next to a House employee - one of the wizened guys who's been there for years working the lights and audio for the chamber. As the vote stretched out and looked increasingly doomed, he nudged me, "Look at the center aisle, those Blue Dogs, when they need votes that's who they go courting...

Author: /time Magazine | Title: Blue Dog Democrats May Be Key to the Bailout Bill's Fate | 10/3/2008 | See Source »

...seven states without income taxes do not lose money under the federal code], others come from Midwestern states affected by floods and need the disaster relief in the package. Still others live in areas affected by Hurricane Ike," says Bruce Josten, a senior vice president at the U.S. Chamber of Commerce, which represents three million U.S. businesses. "I think they're going to carefully going have to noodle out how they're going to vote on this...

Author: /time Magazine | Title: Blue Dog Democrats May Be Key to the Bailout Bill's Fate | 10/3/2008 | See Source »

...initial no vote gave many members facing unhappy constituents so close to an election cover to vote for the second bill. "In this game, part of the way of winning is losing to get there," says Bruce Josten, a vice president at the U.S. Chamber of Commerce, which represents 3 million U.S. businesses...

Author: /time Magazine | Title: What the Bailout-Bill Crisis Has Wrought | 10/3/2008 | See Source »

...exceptions, it's not McCain or even his aides who are calling the shots in the war against the conservative grass roots. But after decades as a leader in the state, McCain has powerful allies and former staffers who run much of the GOP establishment, from the Greater Phoenix Chamber of Commerce (which used to be run by his son Andy McCain) to the state house and senate, where moderate Republicans like outgoing senate president Tim Bee and Tucson representative Pete Hershberger have been able to push through much of their agenda by working with Democrats...

Author: /time Magazine | Title: McCain's Republican Enemies in His Home State | 10/1/2008 | See Source »

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