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Detroit's woes are a concern, Smith says, "but we've seen that before, years ago when all the manufacturers pulled out of the sport. We've been down that road before. We would rather have them with us, but if they're not, the sport continues...

Author: /time Magazine | Title: Daytona Drag: NASCAR Tries to Outrace the Recession | 2/12/2009 | See Source »

...sports fighting the recession. Unless the price entices a sufficient amount of extra customers, you lose revenue. And those who do come to the track may expect a lower price in the future. So you risk alienating those fans when you try to boost the bottom line down the road. "It's a slippery slope," says David Carter, executive director of the Sports Business Institute at the University of Southern California. "If the consumer lowers the threshold, it's harder to get back to the true market price. It's a decent short-term strategy that can wreak havoc...

Author: /time Magazine | Title: Daytona Drag: NASCAR Tries to Outrace the Recession | 2/12/2009 | See Source »

Anti-Americanism is a potent political trope here because it is rooted in grievances. Just down the road from the Khomeini shrine is the Behesht-e Zahra martyrs' cemetery--one of many such scattered plots that contain the remains of more than 200,000 Iranian soldiers who died in the 1980-88 Iran-Iraq war. The widows and mothers who come here on Thursdays--the beginning of the weekend in Iran--to wash graves and pass out sweets and fruit to strangers remember that the rockets, jets and chemical weapons used to kill their sons and husbands were provided...

Author: /time Magazine | Title: Talking and Listening to Iran | 2/12/2009 | See Source »

...people's homes. And that's a problem in itself. Here we're up against macroeconomic forces bigger than we are. There's something to be said for trying to influence where housing is headed--but there may be greater benefit in understanding that it will be a long road to recovery. And the most effective thing we can do is make it less painful for people along...

Author: /time Magazine | Title: How to Fix the Housing Market | 2/12/2009 | See Source »

...Savannah State University, a 173-acre (70 hectare) campus of tawny brick buildings and Spanish-moss-covered oaks that hosts some 3,400 students. Under Harp's proposal, it would keep its name but merge with Armstrong Atlantic State, a majority-white school of about 7,000 down the road. Founded in 1890 as the Georgia State Industrial College for Colored Youth, Savannah State opened at its current site on a wooded salt marsh in 1891, 70 years before the state's universities were integrated. Its first president, Richard Wright Sr., was born into slavery...

Author: /time Magazine | Title: Resisting School Integration in Savannah | 2/12/2009 | See Source »

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