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...will lose their franchises. It is the only financially expedient thing to do, but the government is, once again, encouraging an action that will put tens of thousands of taxpayers out of jobs. By placing the large car companies on short leases, the Administration is insisting that they destroy decades-old relationships with suppliers, shareholders, debtholders, and dealerships. It is not entirely clear that the destruction won't be more expensive than the bailout...

Author: /time Magazine | Title: Auto Industry Says Adios to the Car Dealer | 5/14/2009 | See Source »

...anticipating and reporting on the financial meltdown? -Mark Sutter, Detroit I think CNBC's done a remarkable job, and I think the attack on CNBC and the attacks on me were gravely misplaced. It was rather remarkable in that it was so clear that his goal was to just destroy me. One day he'll answer for it. (See the top 10 TV fueds...

Author: /time Magazine | Title: 10 Questions for Jim Cramer | 5/14/2009 | See Source »

...with the Taliban as she does, which is to say nothing at all. But her sweeping wave inadvertently encompasses a part of Pakistan she has failed to address - the Swat valley, where the army has embarked on a campaign to rout out Islamic insurgents who threaten to destroy the Pakistan Haye knows and cherishes. (See pictures of Pakistan beneath the surface...

Author: /time Magazine | Title: How Pakistan Failed Itself | 5/14/2009 | See Source »

...resist the U.S. within Iraq's borders. Iran will respond to an Israeli attack by attacking the U.S. and its allies in Iraq, Afghanistan, Lebanon, Gaza, the West Bank and the Persian Gulf countries. Just as Iran makes clear with bellicose threats by President Ahmadinejad that it would destroy Israel if the U.S. launched an attack, it aims to deter an Israeli attack by stressing the price U.S. forces would have to pay in return...

Author: /time Magazine | Title: Understanding Iran's Deterrence Game | 5/13/2009 | See Source »

...prepared for a long, costly war. Iran learned how to fight an asymmetrical guerilla war in the 1982-2000 conflict in Lebanon, learning that lightly armed, small, mobile units can beat a larger enemy. Secondly, Iran knows it needs to eliminate any potential fifth column. Saddam's failure to destroy the Iraqi opposition, in particular the Kurdish groups in the north, called into doubt the Iraqi regime's legitimacy. It facilitated the notion that the Iraqi people had asked for a foreign invasion to deliver them from Saddam. Iran's crackdown on student dissidents, foreign journalists and dissident political movements...

Author: /time Magazine | Title: Understanding Iran's Deterrence Game | 5/13/2009 | See Source »

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