Word: powerfully
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...just as sensitive to price as American ones, if not more so - and even China's low-cost manufacturers have yet to figure out how to make a reasonably-priced battery. Then there's the question of infrastructure. Few Chinese live in houses with easy access to plugs to power their cars, and there is little infrastructure ready for public charging. But none of that takes away China's late-starter advantage. Chinese companies don't have a hundred years of auto manufacturing to unlearn before they tackle electrics. Just as the country skipped ahead on mobile phones, it could...
...manufacture of electric cars and batteries. "I don't want to just reduce our dependence on foreign oil and then end up dependent on foreign innovations," Obama told an audience in the economically depressed state of Indiana. "I want the cars of the future and the technologies that power them to be developed and deployed right here, in America." U.S. automakers will need to move fast - China is already pulling away. With reporting by Austin Ramzy / Tianjin...
...exceedingly wealthy. In 2007, the year of Goldman's record profit, the board paid him $68.5 million, a record payout for a Wall Street CEO. His 3.4 million shares of Goldman are worth about $540 million. He bought a tony $27 million Manhattan apartment at "Wall Street's new power address," as the New York Times called it, 15 Central Park West. He also owns a 6,500-sq.-ft. (600 sq m) home in Sagaponack, N.Y., near the ocean. (See pictures of expensive things that money...
...Because it hurts the case for discrimination. Japanese-Americans, who lived in internment camps in the 1940s, earned as much as whites by 1959; their experience suggests that discrimination is less of a barrier, that race is less of a determinant of individual well being, and that political power is less of an antidote to societal ills than is frequently thought...
...Kennedy’s voting record also shows general support for limiting executive power, smoking prevention, and alternative energy, though he was accused of NIMBY-ism in his opposition to Cape Wind, a proposal for an offshore wind farm near Cape Cod. In the last decade, Kennedy has pushed for accountability and greater humanitarian aid in Iraq...