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...plug-in Volt. "This is not a George Jetson future," says Lindland. "This is ours." But that future is still a ways off. Lindland said that when she met with GM executives not long ago to talk about the Volt, she reminded them of one vexing question: The plug-in makers' assumption is that drivers will recharge their cars in the garage at home, where it shouldn't be too hard to find an electrical outlet. "But I live in an apartment and park my car on the street," says Boston area resident Lindland. "So where am I going...

Author: /time Magazine | Title: Is America Ready to Drive Electric? | 9/16/2008 | See Source »

Perhaps no one figured that subprime mortgage holders were 10 times as likely to enter into foreclosure as people who made downpayments and could document their ability to pay. "This poor performance in the subprime market calls into question the capabilities of lenders, securitizers and investors to reliably estimate peak charge-off rates," warned Joshua Rosner, managing director of Graham Fisher & Co. and Joseph R. Mason, a finance professor at Drexel University in a paper in early 2007. When all the indicators went bad - delinquencies and interest rates up, home prices down - the agencies started yanking the ratings on CDOs...

Author: /time Magazine | Title: Getting Suckered by Wall Street — Again | 9/16/2008 | See Source »

...many Caribbean islands literally in the path of the storm. This domestic anxiety may, in part, be attributed to the remaining fears about our own disaster relief preparedness. The United States’ near avoidance of disaster with Hurricanes Gustav and Ike has renewed speculation into a lingering question: has the government learned its lesson from Hurricane Katrina? Although New Orleans was largely spared during this bout of severe weather, snafus from both storms indicate that the Federal Emergency Management Agency (FEMA) still has no broad, comprehensive flood management plan, and lacks the ability to coordinate effectively with state...

Author: By The Crimson Staff | Title: A Lesson Learned? | 9/16/2008 | See Source »

...initiative and its members, claiming that the age-21 laws have saved an estimated 25,000 lives through reduced traffic fatality rates (TFRs) among teenagers. Attacking the Amethyst Initiative itself, however, ignores its very goal of promoting informed discussion and imagining creative solutions. Furthermore, recent research calls into question MADD’s lofty claims...

Author: By James M. Wilsterman | Title: Please Think Responsibly | 9/16/2008 | See Source »

...Claudio, whose job was to work with Bologna's growing immigrant population, conceded that the issues facing the Roma were different. "You have to start with the kids," he said. "Too often, the parents are no longer really reachable." If this week's meeting in Brussels can answer the question of how to do that, it would be a breakthrough indeed...

Author: /time Magazine | Title: Preparing for a 'Gypsy Summit' | 9/15/2008 | See Source »

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