Is the Cash for Clunkers Program Working Too Well?

The government’s cash-for-clunkers program appears to be working like a charm, so — time to shut it down. Good old Washington! Offering rebates of up to $4,500 to folks trading in their gas guzzlers for new, more fuel-efficient cars, the program has been everything a stimulus package ought to be: a quick and efficient way to spur private-sector spending in support of a worthwhile civic goal. Congress put up $1 billion for the program, which it found under the sofa cushions in a room where they were meeting to discuss this year’s proposed $3.5 trillion budget.

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Cheney getting ‘bum rap’ on CIA program, ex-officials say

Former Vice President Dick Cheney is getting a "bum rap" over reports that he ordered the CIA to withhold information about a secret counterterrorism program from Congress, two former U.S. intelligence officials told CNN Monday. According to both officials, any intelligence program of “great sensitivity” is first approved by the White House after a series of meetings

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Global Trade: The Road to Ruin

In Shanghai not long ago, I took a walk from my hotel along Nanjing Road to the Bund, the promenade on the banks of the Huangpu where visitors from China’s hinterland gather to gaze across the river, awestruck, at the ultramodern skyscrapers of Pudong that have transformed the city’s skyline in not much more than a decade. It wasn’t what was on the far side, though, that got my attention: it was the traffic on the river itself, great container ships, chuffing lighters, bulk carriers, every sort of waterborne vessel you could imagine carrying every imaginable cargo, churning up the waters

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Students collect 8.5 million pennies to form 100-mile chain

Students in Southern California were laying out some 8.5 million pennies at a speedway track Wednesday, trying to set a world record with a 100-mile-long penny chain and help a school program at the same time. The money, about $84,500, will go to a program called THINK (Teaching, Helping, Inspiring & Nurturing Kids) Together.

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IMDb’s vision: Offer streaming for every title

IMDb founder Col Needham said the massively popular movie database has set as its major goal for the future to add one-button streaming for all of the 1.3 million titles it indexes. Obviously, the vision is a long-term one, Needham acknowledged, and it faces hurdles from the slew of content owners who control the vast library of titles the Internet Movie Database provides information about, but as a leading movie-oriented site, it’s a very important goal to articulate in public. Needham was speaking Monday afternoon at the South by Southwest (SXSW) Film Festival here.

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