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...global warming is to be reversed, more than emissions control will be needed. Just as essential will be the further, rapid development of clean energy. And if the Chinese decide that there's good money to be made in that, you can be absolutely sure that it will happen...

Author: /time Magazine | Title: Viewpoint: Why China Could Turn Green | 8/27/2009 | See Source »

...tempted to do it again? It will be wait and see for at least the next couple of weeks. If the auto-sales rate drops below expectations, there is always a chance Congress may come up with a similar or totally new stimulus idea, but that won't likely happen unless we experience another period of sustained sub-10 million level [in annual car sales], which I hope never happens again...

Author: /time Magazine | Title: Was Cash for Clunkers a Success? | 8/26/2009 | See Source »

...Building, listening to Bernie Madoff explain to me how he made money. This was in preparation for a discussion called the Future of the Stock Market that I was moderating; Madoff was a participant. (It's a big hit on YouTube - just Google "Madoff video.") Sadly, he didn't happen to mention the now infamous Ponzi scheme he was running two floors below us. At issue was his legit business, a brokerage that had long been one of the biggest marketmakers (the firms responsible for keeping trading going) on the Nasdaq exchange...

Author: /time Magazine | Title: Bernie Madoff's Other Legacy | 8/24/2009 | See Source »

...result, says McCarthy, "you wonder if people have been stoking this fear in her head, telling her, 'This is what the Koran says will happen to you.' " The Orlando lawyer who claims to represent Rifqa, conservative activist John Stemberger, head of the Florida Family Policy Council (which fought in 2005 to keep Terri Schiavo on life support), last week wrote in a petition to keep the girl in Florida that she "is in imminent threat of harm from the extreme radical Muslim community in her hometown of Columbus." He warned that one of the world's largest "cells...

Author: /time Magazine | Title: A Florida Culture-War Circus Over Rifqa Bary | 8/24/2009 | See Source »

...made public on Aug. 25, though a final total won't be known until two weeks later. Karzai is expected to come out ahead, but it appears unlikely he'll carry the 50% of the vote plus one needed to avoid a runoff in October. Should a runoff happen, analysts agree the country will retreat to ethnic and regional divisions, with the majority of Pashtuns across the south backing Karzai, and Tajiks, the second largest ethnic group, rallying in the north behind Abdullah, the son of a Pashtun father and Tajik mother. Abdullah is also more closely identified with...

Author: /time Magazine | Title: Tensions Rise in Post-Election Afghanistan | 8/24/2009 | See Source »

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