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...lots of Cleveland, people at the ground floor of the economy are getting nervous too. In an average month, 260 customers walk through the doors of Boyland Acura in Cleveland. That total dropped to 80 in August, says general sales manager Clayton Hrabik. The few remaining shoppers find that it's getting harder to secure a loan. "Once we get down to the meat and potatoes of their credit worthiness," Hrabik says, "they just can't afford...

Author: /time Magazine | Title: Cleveland's Crisis: Cars Aren't Moving | 10/8/2008 | See Source »

...hopes for the upcoming years. He has spoken with Barack Obama’s advisers and directly with John McCain, and both camps promised to work with Europe in the future to focus on the environment. His Boston visit also cemented his belief that environmental issues are rapidly gaining ground in the United States. “Today I have heard views expressed from senators, professors, students and NGOs,” Dimas said at a reception at the Greek Consulate following the talk. “I found that we should be optimistic about the future. I think...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: EU Commisioner Crosses Pond | 10/8/2008 | See Source »

...gift would hopefully put a stake in the ground,” Flier said, adding that the Medical School is also ready to contribute financially to the institute. “But coming as it is with certain, specific intentions of the donor, it does not fully do what I believe the University will want to do in the broad area of bioengineering...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Harvard Receives $125 Million for Biological Engineering | 10/7/2008 | See Source »

...Although The New York Times quoted one trader as saying that “you felt like the world was unraveling” and another as claiming that “it felt like there was no ground beneath your feet” last week, bankruptcies are sometimes as inevitable as they are necessary. They ensure that when one segment of the economy grows out of proportion as the financial sector did, it will eventually shrink. That certainly does not imply the process is painless, but it is also not apocalyptic, as some market participants insist, with a healthy dose...

Author: By Jan Zilinsky | Title: Lessons from the Financial Crisis | 10/7/2008 | See Source »

...Obama's strategists have long believed that a stronger ground game could turn narrow Democratic losses of recent years into wins. They note that Al Gore never would have needed Florida if he had instead built an organization to turn out an average of 15 additional votes per precinct in Missouri. Team Obama is also vowing to register 75,000 new voters in Missouri - and voter rolls are indeed swelling, up by 200,000 so far, though the secretary of state's office doesn't keep track of how many are Democrats or Republicans...

Author: /time Magazine | Title: Can Obama's Grass-Roots Army Win Missouri? | 10/6/2008 | See Source »

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