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...vision was to merge the two companies into a single holding that would create substantial economies of scale and enable Porsche to avoid being penalized under new European rules governing auto emissions and fuel consumption standards; by being part of the bigger VW group with its range of low-emission, fuel efficient cars, Porsche's sports cars wouldn't stand out, Wiedeking reasoned...

Author: /time Magazine | Title: Why VW and Porsche are On a Collision Course | 7/2/2009 | See Source »

...paths: one that feeds the soul and one that feeds the bank account. Rarely do the two meet. As a result, the average college grad - who leaves school with about $23,000 in student-loan debt - either slogs along during those first few work years in satisfying (yet typically low-paying) jobs or makes a play for grinding corporate gigs that pay the bills and deaden the heart...

Author: /time Magazine | Title: New College-Loan Plan: Pay Back By What You Earn | 7/2/2009 | See Source »

...growing tendency of the poor to have children before marriage - the vast majority of unmarried women having babies are undereducated and have low incomes - is a catastrophic approach to life, as three Presidents in a row have tried to convince them. Bill Clinton's welfare-to-work program encouraged marriage, George W. Bush spent millions to promote marriage, and Barack Obama has spoken powerfully on the need for men to stay with their children: "We need fathers to step up, to realize that their job does not end at conception; that what makes you a man is not the ability...

Author: /time Magazine | Title: Is There Hope for the American Marriage? | 7/2/2009 | See Source »

...things hamper a child as much as not having a father at home. "As a feminist, I didn't want to believe it," says Maria Kefalas, a sociologist who studies marriage and family issues and co-authored a seminal book on low-income mothers called Promises I Can Keep: Why Poor Women Put Motherhood Before Marriage. "Women always tell me, 'I can be a mother and a father to a child,' but it's not true." Growing up without a father has a deep psychological effect on a child. "The mom may not need that man," Kefalas says...

Author: /time Magazine | Title: Is There Hope for the American Marriage? | 7/2/2009 | See Source »

...like a time warp to the war-ridden '80s. Indeed, as Honduras struggles with the first Central American coup in almost two decades, it hasn't moved on much since the bad old days of the Cold War. Pumped-up soldiers stand on every corner, backed by humvees and low-flying helicopters. In the heat of the afternoon, groups of young men gather on street corners burning tires and smashing windows before troops hit back with baton charges and tear gas. Then as darkness descends, everyone rushes to their homes to beat curfews that last through the night. (Read about...

Author: /time Magazine | Title: Hondurans Take Sides and Hit the Streets | 7/1/2009 | See Source »

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