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...Chapter 11, it would have a potentially crippling cascade effect on the economy. The automakers and their suppliers employ more than 2.5 million American workers - nearly one in 10 U.S. jobs. The $15 billion is intended to see Chrysler and GM in particular - Ford is in better financial shape and is not asking for any short-term help - through the first quarter next year and to give the incoming Obama Administration time to work out a more long-term solution...

Author: /time Magazine | Title: Can Congress Pass an Auto Bailout Bill Nobody Likes? | 12/9/2008 | See Source »

...like we were last year.”The Crimson returns home on Friday for a second chance for a victory against the Wildcats.“I think [if] we can play a little bit smarter in certain situations and play better together, we will be in good shape,” Stone said. “We certainly aren’t satisfied with the tie, and we will get after them next Friday night...

Author: By Alexandra E. Zimbler, CONTRIBUTING WRITER | Title: Familiar Foe, Difficult Ice Lead to Tie | 12/7/2008 | See Source »

...weekend-long competition and consistently produce quality swims. “It was a long meet,” Lynch said. “Basically, across the board, we weren’t really all that rested, and a lot of people showed they were in incredible shape.” The Crimson has a month off before it begins its second half of the season, competing on Jan. 3 against Navy. In that meet the Crimson will not be able to rest on its laurels, especially if it wants to continue the standard of utter domination...

Author: By Alexandra J. Mihalek, CRIMSON STAFF WRITER | Title: Second-Day Turnaround Leads to Second Place | 12/7/2008 | See Source »

...still, his words helped shape that history, even if as an unintended consequence. Yes. I hear my mother's voice echoing in my head: "If you can't say something nice, don't say anything at all!" Even some of the milder things he said had terrible consequences. There is a verse in Psalms, "bend down their backs always," that he, reading Paul, applied to the Jews. He meant by this phrase that when Jews read the Bible, their posture was oriented "downward" toward this world rather than "upward" toward heaven. Much later, churchmen will misinterpret Augustine to be saying...

Author: /time Magazine | Title: Was Saint Augustine Good for the Jews? | 12/7/2008 | See Source »

...same time, it's not clear where else China would stash the dollars it earns via its massive trade surplus other than in U.S. Treasuries. Europe's economies are in no better shape than the U.S.'s, and it has again become clear during this crisis that the dollar - not the euro - remains the world's safe-haven currency. Beijing's other option - bringing home the dollars it earns via trade - would complicate China's own monetary policy and possibly drive up the value...

Author: /time Magazine | Title: Paulson in China: The Monster Under the Bed | 12/5/2008 | See Source »

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