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Dates: during 2000-2009
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This pricing could also crush big book retailers like Barnes & Noble and small independent stores. "I wouldn't want to be a mom-and-pop bookseller right now," says Heupel. The industry is so concerned about the battle that the American Booksellers Association has asked the Department of Justice's antitrust division to investigate the retailers' pricing practices. "Amazon.com, Wal-Mart and Target are devaluing the very concept of a book," the organization, which represents locally owned independent bookstores, wrote. "The entire book industry is in danger of becoming collateral damage in this war." (See the 100 best novels...

Author: /time Magazine | Title: Walmart, Target, Amazon: Book Price War Heats Up | 10/27/2009 | See Source »

...Shipping Act of 1916, although mostly about maritime commerce, included a small clause requiring all national emergencies to be "declared by proclamation of the President." President Woodrow Wilson issued the first formal statement of national emergency the following year, on Feb. 5, 1917, in which he forbade American ship owners to sell their vessels to foreigners, arguing that they were needed to fight World War I. (See TIME's photo-essay "Landscapes of the Great...

Author: /time Magazine | Title: National Emergencies | 10/27/2009 | See Source »

...bill that Reid intends to introduce would include a public option with a so-called "opt-out" provision, giving states the ability to decide not to offer a small share of their residents the chance to buy into a government-run health-insurance alternative. Ostensibly, such a provision would appeal to moderates, who object to the public option as giving the government too big a role in health care. But in practice, it is difficult to see why any state would actually make the decision to opt out, considering that no one would be forced to buy into the public...

Author: /time Magazine | Title: Will Reid's Public-Option Health Gamble Pay Off? | 10/27/2009 | See Source »

...round of polls show that it continues to enjoy broad public support, and the industry's efforts to fight the bill may have backfired politically. Additionally, there are new horror stories of people being denied coverage on unfair pretexts, and reports that insurers are jacking up the rates for small business in advance of the legislation. Meanwhile, the Congressional Budget Office recently determined that a public option could save a significant amount of money, particularly if its payments to providers are tied to Medicare's reimbursement rates, as House Speaker Nancy Pelosi would prefer. That, however, would likely bring strong...

Author: /time Magazine | Title: Will Reid's Public-Option Health Gamble Pay Off? | 10/27/2009 | See Source »

Initially, the public option was a relatively small feature of the health-reform design, meant primarily to assure that there would be some competition for private insurers. As President Obama noted in his September speech before Congress, no more than 5% of Americans - largely those who are now uninsured - are expected to sign up for it. But the public option has assumed an outsized political significance, thanks to the fact that it has become a flash point between the left and the right. That is in part because both see it as a potential precursor to a government-run single...

Author: /time Magazine | Title: Will Reid's Public-Option Health Gamble Pay Off? | 10/27/2009 | See Source »

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