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Not everyone sees the program as a win-win. Economist David Rosenberg at Toronto investment firm Gluskin Sheff worries that today's sales boost could lead to tomorrow's sales slump. He likens the current cash-for-clunker boost to the 0% financing that automakers introduced in the aftermath of...

Author: /time Magazine | Title: Automakers Give Rave Reviews to 'Cash for Clunkers' | 8/4/2009 | See Source »

B. Stanley Pons and Martin Fleischmann must be felicitated by mankind for their attempt to create cold fusion - to reproduce the energy of the Sun. They may have been unsuccessful and eventually faded into obscurity, but their contribution in the field of cold fusion will always enlighten researchers. It is...

Author: /time Magazine | Title: Inbox | 8/3/2009 | See Source »

10 | Washington RIP, F-22? In a 58-40 split, the U.S. Senate voted July 21 to scrap orders for seven F-22 fighter jets from a $679.8 billion military-spending bill, ending a standoff between lawmakers who defended the $1.75 billion project (which does not include R&D costs...

Author: /time Magazine | Title: The World | 8/3/2009 | See Source »

The most important obstacle to negotiating an acceptable compromise with the Taliban, however, is the fact that the insurgents - and a substantial part of the population - believe they're winning the war. That gives them no incentive to accept compromises offered by the government and the U.S. The purpose of...

Author: /time Magazine | Title: Does the U.S. Have an Exit Strategy in Afghanistan? | 8/3/2009 | See Source »

The question now is whether Obama will throw his weight into the battle. "Which country will create these jobs and these industries?" he said in a speech on June 25. "I want that answer to be the United States of America." It can be - but only if we're willing...

Author: /time Magazine | Title: Clean Energy: U.S. Lags in Research and Development | 8/1/2009 | See Source »

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