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...afford new cars, but it is a lesson which is not likely to be unlearned. People are going to keep cars longer and fewer new cars are going to be sold. America's car companies are in a better position to refurbish or repair cars and trucks than local mechanics are. Their service departments have almost uniformly well-trained people. They have access to new parts from the manufacturer. They have the ability to schedule and control the flow of service to customers. They can loan customers cars. And, they are literally dying for business...
...Estabrook, 50, who left her advertising job at a bank in Philadelphia when her first child was born 16 years ago. Now she finds herself haunting YourOnRamp, which her husband - who was laid off from a reinsurance firm six weeks ago - heard about from a career counselor at a local church. She rattles off all the networking sites she's trying to get a handle on, including Facebook and Tweeter. Um, make that Twitter. "To my kids," she says, "it's funny to see Mom trying to get with it." (See which businesses are doing well despite the recession...
...desire by signing up for aid from the Marshall Plan. Koula, a mule shipped in from the American South, bristles with European stereotypes about Americans; he’s young, wild, and virtually untamable, but with a little affection from the boy and help from a local donkey, he becomes an invaluable asset to the farm. “I read [“The Story of Koula”] as the quintessential metaphor for what made the Marshall Plan work so well,” Schulberg says. “You have this powerful mule that doesn?...
...especially on the part of the developed world. Banks have to be stopped from taking irresponsible risks overseas, especially when things are good and risk looks tasty. Leverage must be capped. Some firms must be nationalized. Another good form, especially for developing countries, is job creation through investment in local infrastructure. Ineffective forms of nationalism include tariffs on the primary exports of developing countries, arbitrary trade disruption out of fear, and stricter immigration laws at a time when immigrants are hurting most...
...diplomats, it's a safe bet that more such incidents can be expected in the future. The Pentagon was quick to note that the mariners aboard the U.S.N.S. Impeccable were civilians working for the Military Sealift Command, while the Chinese side stressed that the confrontation involved local fishing boats. The reality is that the incident occurred because both sides are preparing for war - "shaping the battlefield," in military jargon - for a conflict that both hope will never happen...