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...rumbled to a halt after less than a month because of unexpectedly high demand. Buyers shed nearly 700,000 vehicles to claim government rebates on more-efficient models. Dealers complained that Uncle Sam was slow with payments, but consumers embraced the program, whose $1 billion budget was tripled by Congress after sales soared. Washington crowed that the effort created or saved 42,000 jobs. The bad news for Detroit? The three most popular models were Japanese...

Author: /time Magazine | Title: The World | 9/7/2009 | See Source »

...could be reached. And we have to assume the burger king isn't actually contemplating a run, but regardless, this is the best excuse we've heard in months. We'll be using it as soon as mandatory sections start. Now if only they were offering The Politics of Congress this semester...

Author: By Michelle L. Quach | Title: Is Mr. Bartley the New Kennedy? | 9/6/2009 | See Source »

...heir-aspirant Jaganmohan Reddy has massive business interests including mining, construction and the media and his role in these industries has been controversial, with opposition party members raising loud questions of propriety. Yet, because of his lineage, 115 of the 156 state legislators of the Congress Party are rooting for him over Finance Minister K. Rosaiah, a seasoned politician who has headed various ministries over the years, and who has already taken over as interim chief minister. The other alternative being proposed is another Reddy: Jaipal Reddy, currently a minister in the federal government...

Author: /time Magazine | Title: In India: Will Merit Triumph Over Dynastic Ties? | 9/5/2009 | See Source »

However, none has the charisma or the political acumen of the late YSR; and the Congress Party now seems set for another round of political infighting. Without the magnetic leadership of YSR, the state government may have to face a resurgence of the movement by the restive Telangana region to carve itself out as a separate state in India's federation. YSR had effectively quelled its political momentum during his five years in office. Any fractiousness in Andhra Pradesh may be bad news for the Congress party in the state and at the central government - it alone contributes...

Author: /time Magazine | Title: In India: Will Merit Triumph Over Dynastic Ties? | 9/5/2009 | See Source »

...Congress Party will decide on the next chief minister after a seven-day mourning period ends. The party president Sonia Gandhi (Rahul's mother) must now choose whether to make a point in favor of experience and against dynastic succession. It is instructive to remember that of the 80 ministers in the present Congress-led coalition at the centre, 15 have close ties to political families. In the Congress' previous term, 10 ministers' parents were either current or former chief ministers. Yet, people voted for stability and performance and brought the Congress back to power. "What people want more...

Author: /time Magazine | Title: In India: Will Merit Triumph Over Dynastic Ties? | 9/5/2009 | See Source »

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