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...that House members will return next week if the Senate can come to an agreement. But such an accord will not come easy. In fact, the House bill was pronounced DOA in the Senate six hours before the House even voted on it. Senate Republicans are balking at a deal they claim does not go far enough in demanding that General Motors, Ford and Chrysler prove they have viable long-term business plans before qualifying for a second round of loans in March. All told, the Big Three have asked for $34 billion in bridge loans, though many economists...

Author: /time Magazine | Title: Another Bailout Blowout? Why the Auto Deal May Crash | 12/11/2008 | See Source »

...elections [Dec. 1]. Yet I would like to suggest an extremely obvious reason: the abysmal record of the Bush Administration. With George W. Bush gone, Republicans will return, after a period of reflection, as a viable force in the U.S. In the meantime, Barack Obama has a great deal of work to do to repair the damage done by our worst President. Bill Gottdenker, Mountainside...

Author: /time Magazine | Title: Inbox | 12/11/2008 | See Source »

...Viktoriya Selezneva, who says the economic crisis has yet to arrive. "The volume of calls hasn't decreased for us," she says. But then, the Christmas season - the busiest time for consumer loans - is approaching fast. And should callers have worries, staff have been given a reassuring script to deal with them...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

...terrible regime, in part because of the AU’s refusal to step in. The AU as a whole would do well to reconsider. Additionally, those pushing for regime change in Zimbabwe ought to look to South Africa for help in this struggle. South Africa wields a great deal of influence given its geographic proximity to Zimbabwe, as well as its role as an economic power in the region. The African National Congress (ANC), the ruling party in South Africa, has been slow to respond to the crisis in Zimbabwe. Only in light of the recent news...

Author: By The Crimson Staff | Title: A Diseased Regime | 12/11/2008 | See Source »

University administrators are scrambling to deal with a precipitous decline in Harvard’s endowment, which fell 22 percent—or roughly $8 billion—in the four months ending...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Arts Task Force Urges Major Changes | 12/11/2008 | See Source »

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