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...Paulson and Bernanke have been specific only behind closed doors. On Sept. 18, they warned congressional leaders what inaction would bring: a stock-market crash, sky-high unemployment, Americans unable to get car loans, banks failing so fast that they would quickly drain the federal deposit insurance fund and people's life savings...

Author: /time Magazine | Title: Why Aren't Americans Buying the Bailout? | 10/1/2008 | See Source »

...campaign trail. Both candidates can claim at least a little greenness - though John McCain's environmental record has been tarnished in recent months - but the reality is that candidates aren't talking about climate change because it's not high on the list of voter priorities. Sky-high gas prices are, however, and many voters have responded more positively to McCain's call to expand offshore drilling than Barack Obama's more measured plans for alternative power and energy efficiency. The We Campaign proudly claims that it has enlisted more than 1.5 million people so far. That's an impressive...

Author: /time Magazine | Title: 'We' Climate Campaign: Glossy, But Will It Work? | 9/1/2008 | See Source »

...dried up last spring, many private lenders either went out of business or became much stricter about approving loans. And the people least likely to get a bank loan are often the same ones credit card companies are trying to reel in with low interest rates that quickly jump sky-high...

Author: /time Magazine | Title: Putting College Tuition on Plastic | 8/20/2008 | See Source »

...clean sweep of the medals in the women's 100 meters, the Caribbean island is fast earning the title of the world's fastest country. That reputation is music to the ears of Jamaicans who, for years, have become more accustomed to hearing their country discussed for its sky-high murder rate and for a dancehall reggae pop-culture that has, in recent years, glorified bullets and brutality...

Author: /time Magazine | Title: Can Jamaica's Sprinters Fight Crime? | 8/20/2008 | See Source »

...economic downturn has claimed another victim: Bennigan's Grill & Tavern, the 32-year-old chain of casual-dining fern bars. Amid sky-high gas and food prices and tightening consumer spending, the chain's Texas-based parent company declared bankruptcy July 29, saying it would shutter 150 eateries. While the franchise outlets remain open for now, Americans who want to peruse oversize menus for oversize portions of unremarkable food in unremarkable settings may soon have to check out Applebee's or Chili's. Or Ruby Tuesday or T.G.I. Friday's. Or the scores of other family-style restaurants serving deep...

Author: /time Magazine | Title: The Moment | 7/31/2008 | See Source »

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