Word: explainers
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...That might help explain the British government's hesitation to launch an initiative of its own. Almost 90% of all cars sold in the U.K. are imported, with most of those arriving from Continental Europe. So while 61% of those polled in a survey for Britain's Society of Motor Manufacturers and Traders said they'd likely take up such an offer, a British scrapping scheme "wouldn't be a huge boost to British car factories," says Garel Rhys, president of Cardiff University's Centre for Automotive Industry Research. "In a sense it would be the British taxpayer subsidizing factories...
...family, my closest friends, business associates and the thousands of clients who gave me their money. I cannot adequately express how sorry I am for what I have done. I am here today to accept responsibility for my crimes by pleading guilty and, with this plea allocution, explain the means by which I carried out and concealed my fraud...
...know when I say that our world is changing before our eyes--and that a new world is being created. That's your daily reality--and ours. What I am telling you is that our mission at TIME is to help you navigate this new world--to explain what is changing and why and what you can do about it. Our task going forward is to use great reporting, great writing, great photography and great video online to be your guide to this new and changing world...
...many ways, TIME functions best in a crisis, and we're determined to help you understand the economic crisis we're all living through. It affects us too, but our job is to explain how it's affecting you. We have been doing this for the past 10 months, beginning with our cover stories "Surviving the Lean Economy" and "Job #1: The Economy" during the presidential campaign. And we've been doing it ever since, not with opinion and conjecture but with reporting on the ground and a concern for how all this is affecting real people's lives...
This week our second annual 10 Ideas issue concentrates on new ways that people and thinkers are reckoning with this new economy. Senior writer Lev Grossman edited the package, starting from the premise that the ideas, as he said, "are meant to explain the world as it is, not as it used to be." In the face of economic contraction, we're rethinking things we used to take for granted. The opening piece, by Barbara Kiviat, acknowledges that in these difficult times, plain old jobs, not stocks or real estate, are our most valuable assets. Sean Gregory writes about...