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...Only in recent weeks have those concerns started to translate to Main Street: retailers stocking less for Christmas, fears that companies won't make payroll. Though some of the direr projections of where the credit crunch may lead are unlikely, the effects are nonetheless filtering down to the average consumer and worker. (See the 10 steps to the financial meltdown here...

Author: /time Magazine | Title: The Credit Crunch Comes to Main Street | 10/3/2008 | See Source »

...authors' extensive research takes in the 750 most significant business failures of the past 25 years. (Failure is defined as "writing off major investments, shuttering unprofitable lines of business, or filing for bankruptcy.") The main reason for these flops, they found, was usually a bad strategy: "Once launched, the strategies were doomed to fail, and these failures probably could not have been prevented by even spotless execution...

Author: /time Magazine | Title: Business Books | 10/2/2008 | See Source »

...knowing what Congress will approve,” she said. “Feasibility depends on political will.” According to Howard K. Koh, a professor of Public Health and former Massachusetts Commissioner of Public Health, Obama’s plan calls to mind some of the main facets of Massachusetts’ own 2006 reform. “Senator Obama’s plan resonates with many of the themes of ‘shared responsibility’ that rallied Massachusetts behind a new 2006 health care reform law...whose results have been new health coverage...

Author: By Adeline S. Rolnick, CONTRIBUTING WRITER | Title: McCain's Plan Studied at HSPH | 10/2/2008 | See Source »

...based on Deresiewicz’s controversial article of the same name, published in The American Scholar magazine, which focused on the flaws in liberal arts education in prestigious universities—what Deresiewicz called “Ivy retardation.” The two main disadvantages of elite education, Deresiewicz wrote in the article, are that it makes students incapable of interacting with people unlike them, and that it instills a false sense of self-worth in them. He wrote that the biggest failure of elite education is that it is self-perpetuating, preventing the American intelligentsia from evolving...

Author: By Youho T. Myong, CONTRIBUTING WRITER | Title: Scholar Derides Elite Education | 10/2/2008 | See Source »

...drumbeat of criticism against Barack Obama and, to a lesser extent, Biden - but produced no sound-bite moment and was unable to rattle her opponent. Most dramatically, she charged that the Democratic ticket wants to wave a "white flag of surrender" in Iraq. Firmly hit her campaign's main themes (Obama equals higher taxes and Washington business as usual). Ably brandished the opposition research on Obama's record and promises...

Author: /time Magazine | Title: The Vice-Presidential-Debate Report Cards | 10/2/2008 | See Source »

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