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Bartercard's bank-like system - which includes monthly statements and an interest-free line of credit - also provides security and accountability that informal bartering can't. Members must pass a credit check and sign a contract pledging to deliver goods in a timely manner. In terms of barter rates, a service that costs $600 is equivalent to 600 trade pounds; members constantly police one another, ensuring that their advertised barter rates match the rates they charge the public. (See 10 ways your job will change...

Author: /time Magazine | Title: Bartering: Have Hotel, Need Haircut | 11/2/2009 | See Source »

...probably the most important country internationally for us," says Garrett Mikita, president of defense and space at Honeywell Aerospace, who went to New Delhi recently to court Indian officials. The company is one of two firms bidding to replace the engines in India's 300 Jaguar fighter jets, a contract worth as much as $5 billion. The engines are aging and would need to be replaced anyway, but Mikita says the recent tension with China has sped up the lengthy procurement process. "The timing of this has gotten more aggressive," he says...

Author: /time Magazine | Title: China Vs. India: Will Rivalry Lead to War? | 11/2/2009 | See Source »

Healy, who has been in office for 28 years, has garnered the support of most councillors and has presided over the maintenance of the city’s AAA bond rating. In January, his contract was renewed for another three years by a nearly unanimous vote, in which Councillor Craig A. Kelley was the only one to dissent...

Author: By Sarah J. Howland and Julie M. Zauzmer, CRIMSON STAFF WRITERS | Title: City To Vote On New Council | 11/2/2009 | See Source »

...other hand, very little of the Contract with America ever made it into law. And Cantor's four issues are hardly the sweeping small-government manifesto that the Contract with America embodied. The Virginia Representative is starting small, searching out building blocks on which all Republicans - moderate and conservative - can agree. For example, Cantor notes that state unemployment burdens are expected to double from $30 billion in 2009 to more than $60 billion in 2012, resulting in what he says will be a doubling of business taxes from $250 to $500 per worker per year by 2012. "Eric's correct...

Author: /time Magazine | Title: How the GOP Hopes to Overcome 'Party of No' | 10/29/2009 | See Source »

...Newt Gingrich, author of the Contract with America, says the GOP must transform itself from the Party of No to the Party of Alternatives. Cantor's group has a long way to go - like finding actual solutions - but his is at least a first step in finding some common ground for the party. "We really have to regain the image of being an inclusive party and tolerant of a lot of debate," Cantor says. "So I will continue to reach out and to work to develop policies that reflect a vision that can appeal to people on the right...

Author: /time Magazine | Title: How the GOP Hopes to Overcome 'Party of No' | 10/29/2009 | See Source »

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