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...when they trade in their older, less efficient cars for new models. The House of Representatives has already moved to keep the program going by expanding its funding, and the Senate is considering a similar measure this week. But while the initiative has proved highly popular with consumers, critics are raising concerns about the economic and environmental hazards inherent in the process of ruining so many cars beyond repair...

Author: /time Magazine | Title: What Happens to the Clunkers Traded In? | 8/4/2009 | See Source »

...left many veterans bored and itching for adventure. A vet named Otto Friedli is credited with starting the club after breaking from one of the earliest postwar motorcycle clubs, the Pissed Off Bastards, in the wake of a bitter feud with a rival gang. "Hell's Angels" was a popular moniker for bomber squadrons in World Wars I and II, as well as the title of a 1930 Howard Hughes film about the Royal Flying Corps (the phrase lost its apostrophe over time). For years, the HAMC, as members refer to the group, remained a California organization; the first chapter...

Author: /time Magazine | Title: The Hells Angels | 8/3/2009 | See Source »

...blurs the line between the inanimate and animate and in which followers believe that all things, including objects, can possess living spirits. "Robots have a long and friendly history in Japan, and humanoid robots are considered to be living things and even desirable members of families," says Robertson. While popular culture in the west often casts robots as forces of evil that pose a threat to world peace - or worse, job security - Japan "tends to see robots as a force for good," says Damien Thong, a technology analyst with Macquarie Securities in Tokyo. (See the silver screen's most memorable...

Author: /time Magazine | Title: What's Behind Japan's Love Affair with Robots? | 8/3/2009 | See Source »

...After the group at Body Guard is done mixing "One Love," Fisher plays some old hits over the sound system. When the popular song "Arrata and Squirrel," which compares politicians to vermin, starts pumping out of the speakers, the power goes out. The music stops and everything is dark. But Shine and the others keep singing...

Author: /time Magazine | Title: Singing to Stop the Fighting in Sierra Leone | 8/3/2009 | See Source »

...stimulus package includes spending to strengthen social safety nets and boost domestic consumption, such as subsidies for rural consumers to buy selected electronic goods. In an echo of America's wildly popular cash-for-clunkers car program, a new initiative grants consumers in four provinces and five cities 10% discounts if they trade old electronic goods for new ones. The amounts allocated have been criticized as piddling, but their inclusion in the stimulus spending indicates that China's planners recognize the importance of domestic consumption as a driver of growth, given the steep fall in demand for Chinese exports because...

Author: /time Magazine | Title: China's Soaring Stocks Pose Risk to Global Markets | 8/3/2009 | See Source »

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