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Business groups oppose the open ballot provision because they claim it leaves employees dangerously open to peer pressure. They also particularly dislike a provision in the bill that requires just a simple majority of a company's employees to make it a unionized shop and another that would invoke binding arbitration after 120 days of negotiating. Businesses argue EFCA could cost them, and therefore the economy, untold billions annually. Union advocates argue that the bill is not just good for unions but a boost for the economy as well. "If it becomes easier for working people to form unions...

Author: /time Magazine | Title: Will Obama Deliver for Organized Labor? | 12/22/2008 | See Source »

...time to pay attention to Bosnia again, if we don't want things to get nasty very quickly," Holbrooke said in a letter co-signed by Paddy Ashdown, the former chief of Office of High Representative (OHR), the international supervising and administrative body in Bosnia. Both Holbrooke and Ashdown claim that Bosnia is regressing, and that the Western powers should swiftly and strongly engage to prevent a renewed conflict and ensure Bosnia's evolution into "a functional and E.U.-compatible state...

Author: /time Magazine | Title: Will Bosnia Test the Obama Administration? | 12/22/2008 | See Source »

...event of a bankruptcy-filing down the road, Treasury (i.e., taxpayers) will stand behind senior secured lenders, getting first claim on the automakers' unencumbered assets, those not already pledged to a prior lender. GM says it has such assets - power trains, some foreign operations - and Chrysler says it has assets to secure the loans as well. As with other TARP assists, the government will also receive warrants that (theoretically, at least) could...

Author: /time Magazine | Title: Bush's Rescue Plan for Detroit: Passing the Buck | 12/19/2008 | See Source »

Bush, George W. •claim of to have "never said the Taliban was eliminated" is boldly made by despite on-the-record-and-easily-retrievable comments by in 2003 ("we destroyed the Taliban") and 2004 ("the Taliban is no longer in existence") •shoes are thrown...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 12/19/2008 | See Source »

...years ago Felt started to go public about his role as Deep Throat. First, Felt's family attempted to sell his story to national magazines. By then, age had taken its toll and it was difficult to ask him the kinds of specific questions that would have confirmed his claim. There was also the problem that his story's exclusivity could have been quickly eclipsed by Woodward's own account of the relationship. Later, Felt's family and his attorney told the story themselves in Vanity Fair magazine. Woodward subsequently published a short book detailing the relationship, providing the most...

Author: /time Magazine | Title: The Man Who Was Deep Throat: Chasing Mark Felt | 12/19/2008 | See Source »

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