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Amid a drumbeat of grim financial updates, two blue-chip companies announced plans for massive layoffs last week, spurring fears that the bloodletting on Wall Street could be just a prelude to deeper job cuts across the nation. American Express announced that it will slash 7,000 positions - some 10% of its staff - as part of an effort to save $1.8 billion next year as a counterweight to the rising number of consumers defaulting on their payments. Within hours of that announcement, communications giant Motorola Inc., which cut some 2,600 jobs in April, said it would trim an additional...

Author: /time Magazine | Title: Corporate Layoffs: The Worst is Yet to Come | 11/4/2008 | See Source »

...said to reporters on Monday, reiterating statements he has made over the past week that his faith in Beijing is waning. "I cannot take direct responsibility dealing with the Chinese government," he said. "If I say, 'I think this is better or that is better,' then people may not express freely," he said on Sunday. "Now it's up to the people...

Author: /time Magazine | Title: Dalai Lama to Stay Quiet on Tibet's Future | 11/3/2008 | See Source »

...marriage, as evidenced by a 2000 ballot measure to recognize only heterosexual marriages. The ideological terrain has shifted since then, however—a July California Field Poll survey found that 51 percent of voters will likely vote against Prop 8. This Tuesday, voters will have the chance to express their opinions; the fact that they have never voted for same sex marriage before is not an argument for why they cannot now. Gay rights are a perennial source of debate in California, but the rhetoric used on both sides is now reaching near-apocalyptic levels. In such a large...

Author: By The Crimson Staff | Title: Just Say “No” | 11/2/2008 | See Source »

...Some argue that I should vote to express myself. But is it impossible to find a better way to express oneself than pulling a lever in a closed booth and marking down the name of a proxy with which one barely agrees...

Author: By Daniel P. Robinson | Title: None of the Above | 11/2/2008 | See Source »

...University of Wisconsin political-science professor Charles Franklin has crunched early-October tracking-poll data and found that Regina Hansley is pretty typical. Undecided voters are no more likely to express questionable attitudes about African Americans than are the public as a whole. He did find, however, that undecided voters are more likely to be predicted as McCain voters than are the general population; 50% of undecideds will likely go for McCain, compared with the 36% of decided voters who say they will pull the lever for the Republican...

Author: /time Magazine | Title: Seriously, Who Are These Undecided Voters? | 11/2/2008 | See Source »

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