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...British Prime Minister Gordon Brown said that, despite the cost of going green, governments and citizens would save in the long run from the switch to cleaner energy. And European Commission President José Manuel Barroso warned that Europe was in danger of missing the big picture. "This is not a luxury we now have to forego," he said. "Climate change does not disappear because of the financial crisis...

Author: /time Magazine | Title: Is Europe Backsliding on Climate-Change Targets? | 10/16/2008 | See Source »

...never thought I'd be agreeing with Republican Senator Richard Shelby from Alabama, but my assessment of the current bank bailout conforms with his response: No! Invest in infrastructure, home weatherization, worker-retraining, green-collar jobs and whatever will move us away from our oil addiction. Rather than doubling down on our already obscene national debt, we should face up to letting the chips fall and reorganizing our lives and economy around a sustainable paradigm. Bruce Garver, Murrieta, Calif...

Author: /time Magazine | Title: Inbox | 10/16/2008 | See Source »

...never thought I'd be agreeing with Republican Senator Richard Shelby from Alabama, but my assessment of the current bank bailout conforms with his response: No! Invest in infrastructure, home weatherization, worker-retraining, green-collar jobs and whatever will move us away from our oil addiction. Rather than doubling down on our already obscene national debt, we should face up to letting the chips fall and reorganizing our lives and economy around a sustainable paradigm. Bruce Garver, Murrieta, California...

Author: /time Magazine | Title: Inbox | 10/16/2008 | See Source »

...that debt shouldn't go over 60% are about to be consigned to the trash heap - at least temporarily. "Fiscal rules are going to have to be abandoned," says Buckley of Deutsche Bank. The E.U. commission, which is the keeper of those rules, has already given its green light. "The existence of exceptional circumstances allows a deficit temporarily above but close to 3% of GDP not to be considered as excessive," it said after the announcement of the coordinated bank bailout. The crucial word there is "temporarily." Much of Europe's economic growth over the past few years came about...

Author: /time Magazine | Title: The Economy's Perilous Waters | 10/15/2008 | See Source »

...maybe throw together a birth certificate that says Bill Ayers fathered John McCain’s black baby with Michelle Obama. How’s that for a silver bullet?” [Looks at Dick, who narrows his eyes vaguely.] “Um, yeah. You got my green light on that one, boy genius. Let me know how it turns out; I’ll be in my room playing Club Penguin.” James M. Larkin ’10, a Crimson associate editorial editor, is a social studies concentrator in Quincy House...

Author: By James M. Larkin | Title: From Republican Headquarters | 10/15/2008 | See Source »

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