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...Instead of providing a new injection of funds, many Republicans believe Detroit should simply tap the $25 billion that was already appropriated earlier this year to help the companies develop more fuel-efficient technologies for the future. The White House, at pains to show that it is not simply giving up on the nation's entire domestic automobile sector, pushed that approach again on Monday, saying the Administration "does not want U.S. automakers to fail...

Author: /time Magazine | Title: Why the Dems' Drive to Aid Detroit Is Stalling Out | 11/18/2008 | See Source »

...infrastructure and economy of the country are as shoddy as the construction of its schools. Precision and planning are as rare as forested mountaintops, swept clean by loggers and people desperate for firewood. Day-to-day survival is hard enough. Rising fuel and food prices led to riots earlier this year. Then four hurricanes pummeled the country in the space of four weeks; the resulting floods displaced approximately one million people, killed more than a thousand and left thousands more homeless. (See pictures of Haiti's food riots here...

Author: /time Magazine | Title: Schools Collapse, and Haiti's Woes Continue | 11/16/2008 | See Source »

...they had purchased, they scrambled to cover losses. Not only did oil prices go down, but other assets also declined significantly. The further oil prices went down, the more deleveraging and liquidation had to occur to cover these losses. The financial crisis was the spark; deleveraging, the fuel. A chain reaction occurred as traders who had bought oil saw their money disappear in oil and other losing investments. And with a credit crisis looming, major players interested in maintaining a long position could not raise capital to cover margin requirements...

Author: /time Magazine | Title: What Caused the Big Slide in Oil Prices | 11/14/2008 | See Source »

...other ingredients or eaten as cattle feed. (Corn is heavily used in feedlots to fatten cows up before slaughter.) Fast food critics say a single-source, corn-based diet is unsustainable, because the commodity is is heavily subsidized by the government and requires large amounts of fertilizer, water and fuel. TIME talked Jahren about why fast food represents the American diet, what we have in common with Germans and why fast food restaurants are depressing...

Author: /time Magazine | Title: Fast Food's Secret Ingredient: Corn | 11/14/2008 | See Source »

...number of people who know the religious world here in Washington and solicited their church recommendations. At least two people thought that since home churches are a growing trend, you might want to start your own in the White House. A "Church of the Obamas," however, might just fuel the messianic talk. But I think you'll find some good options here, including a couple of intriguing - dare I say maverick - possibilities...

Author: /time Magazine | Title: What Church Will President Obama Attend? | 11/14/2008 | See Source »

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