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THE NEW GM: Long road ahead for troubled automaker

Fritz Henderson, the new CEO of the new General Motors, is saying all the right things as the automaker makes it way out of the bankruptcy desert. Words, however, only go so far. The key to GM profitability is strictly-tied to the rebuilding of consumer confidence.

Henderson says the new company will focus on making cars and trucks that consumers actually want to drive. He points to innovation as the new GM creed. And he promises the company will pay back the government loans.

It's good talk. Let's hope the action is just as good.


FALSE PROMISES: Is another tax coming?

What if we held politicians to their campaign promises? What if we levied a hefty fine on an elected official if he or she betrayed a campaign pledge? If the fine was big enough, we just might be able to cure the U.S. economic woes.

But our President might need a loan to cover his costs.


INDEPENDENCE: America's fight inspired many

The Fourth of July is a day for fun, fellowship, sunshine, hot dogs and fireworks. Families and friends gather in backyards and around area lakes from early in the day to late in the evening to celebrate our summer holiday.

But like so many other national holidays, often the reason for the celebration can be lost in the festivities. And so it is up to each and every one of us to remember exactly why the fourth day in July is such a special day in our history.


DOLLAR'S DEMISE: As debt grows, U.S. power wanes

For decades, the United States has benefitted from the dollar's status as the world's main reserve currency. The dollar is the currency used in setting prices in international commodity markets and is the one most commonly held in foreign exchange reserves by other nations and large companies. It has represented the country's economic power and bestowed faith in the U.S. economy.

Could it be, though, that all that is beginning to wane?


‘UP’ MATH: We've got next year's science project covered

Here is an idea to save away for the next school year, when your favorite student has the maddening task of coming up with a science project and, naturally, turns to mom and dad for a little guidance (and usually a lot of help). If it works, you can thank the good folks at Wired magazine. If it doesn't, well, you can blame them, too.

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