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...passenger-car plants for the month of January and reduce the company's production of new cars and trucks 30% during the first quarter. Chrysler and GM have asked the U.S. government for $14 billion in bridge loans to weather the current credit crunch. (See the 50 worst cars of all time...

Author: /time Magazine | Title: In the Nick of Time: Bush Announces Auto Bailout | 12/19/2008 | See Source »

...same argument being used today by supporters of a government rescue for the cash-burning U.S. auto industry. The consequences of allowing a manufacturing giant like GM to collapse would, their thinking goes, be too onerous for an economy already in recession to stomach. (See the 10 worst business deals...

Author: /time Magazine | Title: Why Detroit Is Not Too Big to Fail | 12/19/2008 | See Source »

...TIME's Top 10 worst business deals...

Author: /time Magazine | Title: In the Downturn, Europe's Airlines Scramble to Merge | 12/18/2008 | See Source »

...pray at his Inauguration, about homosexuality. "I'm no homophobic guy," Warren said. His proof? He has dined with gays; he has a church "full of people who are caring for gays who are dying of AIDS"; he believes that "in the hierarchy of evil ... homosexuality is not the worst sin." So gays get to eat - sometimes even with Rick Warren! Then they get to die of AIDS - possibly under the care of Rick Warren's congregants. And when they go to hell, they won't be quite as far down in Satan's pit as other evildoers...

Author: /time Magazine | Title: The Problem for Gays with Rick Warren — and Obama | 12/18/2008 | See Source »

...struggle to find words to express my ever-growing disappointment and disgust with Bush's disastrous presidency, except to be convinced that he is the worst President in my 72-year-long lifetime, if not in the entire history of our country. That's why I really appreciated Klein's "The Lamest Duck." It is a truly classic piece of writing, explaining graphically how so many of us feel. David B. Lantz, Fenton, Mich...

Author: /time Magazine | Title: Inbox | 12/17/2008 | See Source »

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