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...Stuff They Don't Need Re "The New Austerity," most adults I hear from claim that their spending on bigger homes and more cars and stuff is for family [March 24]. But as a high-school teacher, I have never had a student write an essay on the wonderful big home, the two cars or any of the other stuff showered on them. Instead, students write of their parents' absence - due to busy lifestyles or divorce - and the sense that they are disconnected from their peers. I hope your article spurs readers to free up time for friends and family...

Author: /time Magazine | Title: Inbox | 3/27/2008 | See Source »

...Critics claim that Ford's biggest mistake was introducing a low-cost X series that buyers shunned for essentially being too Ford-like. "They tried to make Jaguar a full-line BMW on the cheap," Nagley says, but the public wasn't interested in "pale imitations with appalling style." At Land Rover, however, it got the product mix right and sales increased - they jumped 18% last year to 226,400. So why is Ford also unloading Land Rover? "I think they're desperate for cash. It's not a good thing when a company sells off a profitable unit," says...

Author: /time Magazine | Title: Ford and Tata Finalize $2.3B Deal | 3/26/2008 | See Source »

...Until clinching this purchase, Tata's main claim to fame was its recent introduction of the $2,500 Nano, a basic box on wheels sold only in India. Will luxury car buyers be put off by Jags (the price of Jaguar's latest sports car is more than $64,000) and Land Rovers made by an Indian company that also sells the world's cheapest car? "Not if it's sensitively handled," Wormald says. That means for the foreseeable future, both brands will likely continue to be produced in the U.K., to keep their British-made pedigree intact. Furthermore...

Author: /time Magazine | Title: Ford and Tata Finalize $2.3B Deal | 3/26/2008 | See Source »

...policing itself. In reality, it may send the opposite message. That the AU feels comfortable, albeit after more than a year of diplomacy and sanctions, about attacking Anjouan's airport and roaring into tiny Moutsamoudou town - the entire island has a population of just 240,000 and its biggest claim to prominence is as the world's premier exporter of ylang-ylang flowers - only highlights how uneasy the organization becomes in the face of stiffer opposition...

Author: /time Magazine | Title: What the Comoros Invasion Reveals | 3/25/2008 | See Source »

Five years later, that combination has blown apart. John McCain is open to bombing Iran, but he doesn't claim the Iranians will thank us for it. Barack Obama wants to restore America's good name, but not with the 82nd Airborne. For the most part, militarists and moralists now occupy separate camps. In the coming years, America will try to export its values and may well use military force. But it won't try to do both at the same time...

Author: /time Magazine | Title: Chainsaw Diplomacy | 3/20/2008 | See Source »

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