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...highlight the unpopularity of a potential rescue package, a dozen or so protesters in the back of the room interrupted the hearing an hour later: "The bailout is a sell out! The poor are suffering!" they chanted. A few yelled additional complaints: "The homeless! The homeless!" "Money off the poor people's backs!" "Put the money in the food banks where people need...

Author: /time Magazine | Title: Big Three Bailout Hits Some Speed Bumps in Washington | 12/4/2008 | See Source »

...Detroit Failure for General Motors would be a national disaster, as Bill Saporito points out [Nov. 24]. What should GM do in the meantime? Get out and sell its vehicles. I have rented GM compact cars for the past 20 years and find them to be of excellent quality. GM salespeople need to get out of their cushy showrooms and offer to take people out for a demo ride and lunch at the deli. The company could win by a landslide. Perry Munson, GROSSE POINTE, MICH...

Author: /time Magazine | Title: A New Deal? Not Yet | 12/4/2008 | See Source »

...from drowning. An immense and intricate flood-control system is in the works. Evocatively called MOSES, an acronym for its Italian name, the $5.3 billion project is about half done, but it's not scheduled for completion till 2014. Financing has slowed construction: at one time, Venice had to sell off some of its venerated palazzi to raise money. But, says Rafael Bras, dean of the engineering school at the University of California at Irvine and chair of the committee overseeing MOSES, another change in the global climate is helping. The worldwide financial crisis has prompted governments to throw vast...

Author: /time Magazine | Title: The Moment | 12/4/2008 | See Source »

...despite the latter region’s high agricultural capabilities—stems in part from the fact that “the population of South Hwanghae had little regular contact with foreigners with whom they could earn or obtain hard currency and thus few opportunities to buy and sell food...

Author: By Ellen X. Yan, CRIMSON STAFF WRITER | Title: Prof Cites Lack of Market Opportunities in North Korea's Woes | 12/4/2008 | See Source »

...goes the narrative that Secretary of State Condoleezza Rice and other U.S. officials are trying to sell both sides in order to avoid an escalation of tensions that would threaten regional stability and undermine U.S. goals in Afghanistan. But while Pakistan's civilian government enthusiastically echoes that perspective, it's a tough sell with the players that count most in this instance: India's government, and Pakistan's military...

Author: /time Magazine | Title: After Mumbai, Can the US Cool India-Pakistan Tension? | 12/4/2008 | See Source »

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