Just before the 2004 election, the Bush White House swaggeringly (that's Texans walking and talking) pronounced that the media were bits of an outmoded "reality-based" culture, whereas the Administration, as the new imperialists, were simply making their own reality. A year after Katrina, this proposition is looking as shaky as the Administration's approval ratings.
The American auto industry conceded today that all of the planning, model design, marketing, and investing it has done over the past two decades will...
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