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...true that credit standards for business lending haven't tightened, as illustrated by the Federal Reserve's monthly loan-officer survey. And as Fed governor Elizabeth Duke pointed out in a speech on Feb. 26, those tougher standards could be having a disproportionate effect on small businesses. "Credit conditions may be particularly tight for small businesses because their finances are, in many instances, very closely intertwined with the personal finances of their owners," she said. For example, the owner of a small business who also owns a house may see a lower home price weigh down the creditworthiness...

Author: /time Magazine | Title: Banks and Small Business: The Crunch Is Still Ahead | 3/22/2010 | See Source »

...break that dependency? Many Western and Afghan counternarcotics experts recommend the cold-turkey approach: just destroy the poppy crop and make the farmers plant something else. Gulab Mangal, the governor of Helmand province, which includes Marjah, favors this plan. But according to Afghan officials, McChrystal and his military commanders have warned that destroying the crop would enrage the population. Mohammed Rahim Khan, who fled the invasion and has just returned to his poppy fields, tells TIME, "I spent lots of money on my field, and so did my neighbors. If the government destroys the fields, nearly all the people will...

Author: /time Magazine | Title: Afghanistan's Fix | 3/22/2010 | See Source »

...hotels and laundries; according to U.S. and German press reports, he served four years in prison for the attempted murder of his stepson. (Zahir told TIME this was a "personal issue" that had been resolved.) Some Helmand officials complain he was chosen because of his friendship with the provincial governor rather than for any leadership abilities, but NATO officials say Zahir, despite his long absence from Helmand, is a well-respected tribal elder. (See a bin Laden family photo album...

Author: /time Magazine | Title: Afghanistan's Fix | 3/22/2010 | See Source »

SARAH PALIN, former governor of Alaska, admitting that her family used to go to Canada for medical treatment when she was a child; Canada has a single-payer system, which Palin opposes...

Author: /time Magazine | Title: Verbatim | 3/22/2010 | See Source »

Whether or not Virginia’s attorney general is pursuing ends other than the upholding of legal doctrine throughout the state, Virginia should pass laws to cover the protections he aims to take away. Steps are already being taken toward this end. Republican Governor Bob McDonnell has issued a directive banning state discrimination on the basis of sexual orientation. Virginia’s General Assembly and other legal bodies should follow his example and also uphold gay rights. The attorney general seems to be using this hot-button political issue to make a stand against important civil liberties protections...

Author: By The Crimson Staff | Title: A Misguided Letter | 3/22/2010 | See Source »

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