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...crisis. Toyota surely hoped that the worldwide recall of its flagship Prius and other hybrid models earlier this month would close an ugly chapter in its storied history. But a series of damaging revelations has rekindled whispers that the automaker has valued profits over safety. In a document dated July 6, 2009, and obtained by the House Oversight Committee, Toyota officials claim it saved $100 million in 2007 by negotiating a limited recall of Camry and Lexus models rather than taking more drastic actions. (See the top 10 product recalls...

Author: /time Magazine | Title: Congress Puts Toyota (and Toyoda) in the Hot Seat | 2/24/2010 | See Source »

...same document cites as a challenge the "activist [Obama] Administration," which owns a 61% stake in competitor General Motors and an interest in Chrysler. Under questioning from Democratic Representative John Dingell of Michigan, Lentz denied that the company believed politics helped spur the inquiry. Other reports, however, suggested that Toyota - which has 172,000 U.S. employees and a well-oiled Capitol Hill lobbying operation that has spent nearly $25 million over the past five years - could just as easily be the beneficiary of government favoritism as the victim. (See "Who Benefits from Toyota's Recall Problem...

Author: /time Magazine | Title: Congress Puts Toyota (and Toyoda) in the Hot Seat | 2/24/2010 | See Source »

...Meese, pronounced itself thrilled with the manifesto. "On the right, we all want the same thing, and that's to be left alone," says Grover Norquist, president of Americans for Tax Reform, who added that he was "pleasantly surprised" at how easy it was to craft a consensus document. "It sings," says Brent Bozell, president of the Media Research Center, an organization that tracks perceived liberal bias in the media. "It has something that every conservative can sink his teeth into and sign happily...

Author: /time Magazine | Title: Can a New Manifesto Woo the Tea Party? | 2/17/2010 | See Source »

...part that's because the document is light on policy specifics and heavy on freedom-loving boilerplate. Defining themselves as supporters of Founding Fathers is hardly risky; had the authors attempted to codify principles more controversial than "honor[ing] the central place of individual liberty in American politics and life" or "support[ing] America's national interest in advancing freedom," their interests could have clashed. For a movement whose social conservatives, fiscal warriors and national-security hawks have been roiled by infighting in the past, affirming common bonds may well have been the paramount concern...

Author: /time Magazine | Title: Can a New Manifesto Woo the Tea Party? | 2/17/2010 | See Source »

...document also afforded the authors a chance to define their mission as the Tea Party movement mushrooms into a potent force in American politics. With the Mount Vernon statement, conservatism's éminences grises are opening their doors to a group without a founder, an underlying framework or even, seemingly, an organizing principle beyond opposition to the Obama Administration's policies. "If you go out to these gatherings, you find a lot of [people] were never involved at all until they got scared by the direction of the country. Our obligation is not necessarily to lead them but to provide...

Author: /time Magazine | Title: Can a New Manifesto Woo the Tea Party? | 2/17/2010 | See Source »

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