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Another legacy of GM's pact with the??union is its crushing pension burden. Having shed so many workers in previous rounds of cost cutting, GM finds itself in a demographic choke hold--paying for the pensions and health care of 400,000 retirees (plus benefits for their dependents)--with a shrinking company. GM's strongest rivals, such as Toyota and Nissan, haven't gone through decades of downsizing and don't bear that lopsided burden. At GM, each U.S. worker's production has to support 2.5 retirees, adding an average of $2,200 in legacy costs to the price...

Author: /time Magazine | Title: How GM Can Fix Itself | 11/27/2005 | See Source »

...the??U.S. leaves behind a unified and democratic Iraq (two big ifs). Such an outcome would also improve Washington's tarnished image in the Middle East. Although most of the nearby governments believe toppling Saddam Hussein was good for Iraq and the region, the Arab world has almost universally condemned the U.S. invasion. Beyond that, many local leaders believe that the war has fueled terrorism in the region, as in the recent triple suicide bombing in Amman, Jordan. "You have ended up with a great big area--from the Jordanian border to the outskirts of Baghdad--being a lawless...

Author: /time Magazine | Title: Symptoms of Withdrawal | 11/27/2005 | See Source »

...premise that ambition is the??"need to grab an ever bigger piece of the resource pie before someone else gets it" confuses ambition with greed and cutthroat competitiveness. Nature may be a zero-sum game, but civilization is not. Ambitious people don't just grab a bigger piece of the pie; they make the pie bigger, so there's more to go around. Ambitious people brought us the printing press, the personal computer, medical advances and agricultural efficiencies undreamed of 100 years...

Author: /time Magazine | Title: Letters: Dec. 5, 2005 | 11/27/2005 | See Source »

TIME revealingly separated the??myths from the facts. Your report showed that ambitious people are limited not by birthplace or skin color but only by the size of their dreams. Your examples of success came from different backgrounds and races. Mediocrity may not be excusable after...

Author: /time Magazine | Title: Letters: Dec. 5, 2005 | 11/27/2005 | See Source »

QUAKE 4 It's based on the??gorgeously photo-realistic Doom 3 software. It runs on the muscular new Xbox 360 hardware. It features concert-hall-clear audio effects (listen to those tinkly brass shell casings bounce!) and the ultrafast, hyperviolent futuristic military combat that made the Quake franchise a thing of legend, including classic death-match action and some brand-new elements--vehicular combat and squad tactics--thrown in for good measure. Well, space marine, is there a problem...

Author: /time Magazine | Title: Video Games: 8 Great Xbox 360 Games | 11/21/2005 | See Source »

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