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...train, ruining the engine still kills about 30% of a vehicle's recycling value. For recyclers, who pay upwards of $700 to process each vehicle before they know the condition of the model they're getting, the provision eliminates much of the upside. "It's almost like mining for gold," Wilson says. "There's a lot of sifting, and maybe it's worth it for the recycler, but maybe...

Author: /time Magazine | Title: What Happens to the Clunkers Traded In? | 8/4/2009 | See Source »

...world's first manned balloon flight took place on Nov. 21, 1783, in Paris. The balloon was blue and gold and 70 ft. (about 20 m) tall. It had no basket. You rode on a kind of circular balcony that hung around the balloon's neck like a collar. This meant that there had to be two passengers, for balance, and they had to stay on opposite sides of the balloon at all times. The two men in question were Jean-François Pilâtre de Rozier, a young doctor who was exactly as dashing as he sounds...

Author: /time Magazine | Title: Science Feels Sexy in The Age of Wonder | 8/3/2009 | See Source »

About half the surviving works - some illuminated in gold and crimson, others illustrated with maps - are intact. But even the best works are fragile, the pages brittle, the covers damaged. "There are a lot of problems with the manuscripts," says Timbuktu's imam Ali Imam Ben Essayouti, 62, who has bought several manuscripts from locals who need the cash and sense they might otherwise lose them altogether. "Houses collapse in the rain. The termites eat them. People borrow them and never bring them back...

Author: /time Magazine | Title: Lost Treasures of Timbuktu | 7/30/2009 | See Source »

...Rush to Save the Treasures Sitting at a junction of the Sahara's historic commercial routes on a lazy bend of the Niger River, Timbuktu used to be a hectic crossroads where gold traders heading north met herders and salt merchants trekking south across the desert. The city's lucrative trade fueled Mali's empires as well as a rich ethnic blend of black Africans and Mediterranean people, and an intellectual ferment with dozens of Koranic schools. Refugees from the Inquisition in Spain brought their libraries with them, and soon began writing and buying more books. Timbuktu's literary output...

Author: /time Magazine | Title: Lost Treasures of Timbuktu | 7/30/2009 | See Source »

...plan costing $40,543 a year - many of the Americans with health-insurance plans substantially above the national average (which is about $13,000 for a family of four) are state employees and union members. It's true that the few Wall Street and other Fortune 500 executives have gold-plated plans that pay for any doctor or specialist, require no out-of-pocket expenses and tack on perks like nutrition counseling. But the vast majority of Cadillac plans are those that typically offer consumers relatively low co-pays for doctor visits and generic and name-brand prescription drugs...

Author: /time Magazine | Title: Taxing Pricey Insurance: No Health-Care Cure | 7/28/2009 | See Source »

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