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...going to be sold. America's car companies are in a better position to refurbish or repair cars and trucks than local mechanics are. Their service departments have almost uniformly well-trained people. They have access to new parts from the manufacturer. They have the ability to schedule and control the flow of service to customers. They can loan customers cars. And, they are literally dying for business...

Author: /time Magazine | Title: Fixing The Car Industry By Fixing Cars | 3/13/2009 | See Source »

...their own rules for medical marijuana and that federal raids on pot dispensaries in California would cease. The move signaled a softening of the hard-line approach to medicinal pot use previous Administrations have taken. The nomination of Gil Kerlikowske as the head of the Office of National Drug Control Policy may also signal a softer federal line on marijuana. If he is confirmed as the so-called drug czar, Kerlikowske will take with him experience as police chief of Seattle, where he made it clear that going after people for possessing marijuana was not a priority for his force...

Author: /time Magazine | Title: Can Marijuana Help Rescue California's Economy? | 3/13/2009 | See Source »

...California became one of the first states in the nation to legalize medical marijuana. Currently, $200 million in medical-marijuana sales are subject to sales tax. If passed, the Marijuana Control, Regulation and Education Act (AB 390) would give California control of pot in a manner similar to that of alcohol while prohibiting its purchase by citizens under age 21. (The bill has been referred to the California state assembly's public-safety and health committees; Ammiano says it could take up to a year before it comes to a vote for passage.) State revenues would be derived from...

Author: /time Magazine | Title: Can Marijuana Help Rescue California's Economy? | 3/13/2009 | See Source »

...Mitchell, Andrea • "out of control" gotcha journalism is copped...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 3/13/2009 | See Source »

...with the initial draft unveiled unartfully last month by Treasury Secretary Tim Geithner, says Moody's Economy.com chief economist Mark Zandi, was that it was "too clever by half," creating elaborate incentives for private investors when the simple solution would be to have Uncle Sam immediately wade in, grab control, wring out the bad debt and punish the malefactors. The more complex approach attempted to avoid the stigma and huge up-front costs of "nationalizing" banks. But "the Administration hasn't sold its policy efforts well enough," Zandi says. (Read "How to Spend a Trillion Dollars...

Author: /time Magazine | Title: Obama's Reform Agenda: Is He Trying to Do Too Much? | 3/13/2009 | See Source »

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