Word: deal
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...would need to have a fuel economy at least 25% better than the clunker to qualify - and rebates would reach up to $4,000. (All auto brands would qualify, foreign or domestic.) A 25% improvement would be enough to make buying a new car a good deal for the planet as well as Detroit. "If the public is going to subsidize these auto purchases, then the public should get a benefit through oil savings and a reduction in greenhouse gases," says Brian Siu, an energy policy analyst with the Natural Resources Defense Council's air and energy program...
...rebate would convince suddenly spendthrift U.S. consumers to buy a new car - especially the sort of customers who would own a clunker in the first place. "Either this program won't make them buy, or they're just poor," says Wolkonowicz. But a cash-for-clunkers deal with tough enough fuel standards would at least be a way to throw Detroit another lifeline without sinking the planet - even as Washington seeds longer-term demand for more-efficient vehicles. The key, like any used car contact, is to check the fine print...
...great deal of research in the past decade has shown how this process works. In 2000, psychologists Mark Muraven and Roy Baumeister published an influential paper in which they observed that self-control is like a muscle: it weakens after you use it. For example, say you exert self-control by avoiding strawberry shortcake and opting for asparagus instead. Now your self-control is enfeebled, so rather than turning to that Tolstoy novel you vowed to finish, you watch a Simpsons rerun instead. Your self-regulatory resources can also be expended by, for instance, taking a test or enduring...
...because a bankruptcy could be too messy for the Administration's tastes. According to The Wall Street Journal, "Key members of an ad hoc committee representing GM bondholders have begun preparing arguments against the auto maker's bankruptcy plan." The creditors may lose their attempt to get a better deal than being given debt in a company which holds the worst part of the GM asset base, but they can make the process prolonged and painful for the company and the Treasury. (See the 50 worst cars of all time...
...Centcom hand over the captured ones - 130 so far this year - to East African nations for trial. Africom still has a lot of kinks to work out. At that House hearing on March 19, Ward acknowledged that he has only a "very small command" - headquartered in Stuttgart, Germany - to deal with Africa, and not a soul on Somali soil. But things are getting better. "Every day improvements are made," Ward said. "I count it a victory when I can pick up the phone or send an e-mail and it goes to the same address, and we are getting more...