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...Corvair, Vega, Chevette and Cavalier served as mile markers on GM's road to bankruptcy. Thus, the new small cars will most likely receive a skeptical eye from car reviewers. That's one reason GM has retained 77-year-old Bob Lutz to extend his term as vice chairman indefinitely. A large part of Lutz's new job will be to charm some favorable reviews from a wary press...

Author: /time Magazine | Title: Can GM's New Models Woo Back Buyers? | 7/15/2009 | See Source »

...advisers who wrote the paper, Christina Romer and Jared Bernstein, went on to land key jobs in the Obama Administration. Romer is the head of Obama's Council of Economic Advisers, and Bernstein is the chief economist and economic-policy adviser to Vice President Joe Biden. And the stimulus bill that both economists championed became law in mid-February. What has not come to pass, however, is the boom in job creation that Romer and Bernstein predicted. A little over a month ago, the Administration said the stimulus bill had created or saved 150,000 jobs. That...

Author: /time Magazine | Title: Obama's Stimulus Plan: Failing by Its Own Measure | 7/14/2009 | See Source »

...deliberately keep its own director in the dark about a secret program? The latest storm to break over Langley emerged after the New York Times reported over the weekend that former Vice President Dick Cheney had ordered that the program be kept from Congress's oversight committees. Apparently, CIA Director Leon Panetta was told of the program's existence on June 23, four months after he took over the agency. Within 24 hours, he had canceled it and briefed the congressional oversight committees of its existence. Amid the uproar over how and why the agency kept Congress in the dark...

Author: /time Magazine | Title: CIA's Secret Program: Why Wasn't Panetta Told? | 7/14/2009 | See Source »

...UCLA. But Zegart points out that Panetta isn't alone in his ignorance. "There are two big 'so whats' to the latest news," she says. "One is: What's going on in the Executive Branch that the CIA director doesn't even know about a program that the former Vice President thought was important enough to keep secret? The second is: What's going on in Congress that oversight...

Author: /time Magazine | Title: CIA's Secret Program: Why Wasn't Panetta Told? | 7/14/2009 | See Source »

...Jewish-American lobby group that ties support for Israel to the pursuit of peace. The presence of J-Street's Jeremy Ben-Ami at the White House meeting was one more change to digest for such stalwarts of the Jewish-American establishment as Foxman and Malcolm Hoenlein, executive vice chairman of the Conference of Presidents of Major American Jewish Organizations. Following the President's Cairo outreach speech in June, Hoenlein had said publicly that "President Obama's strongest supporters among Jewish leaders are deeply troubled by his recent Middle East initiatives, and some are questioning what he really believes...

Author: /time Magazine | Title: Despite Jewish Concerns, Obama Keeps Up Pressure on Israel | 7/14/2009 | See Source »

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