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...Well, add one more reason to spite Ronald: as the global economy spirals downward, McDonald's is minting money. The company addicts us to its food, and now it's making out on our misery? But maybe it's time to change our attitudes about the Golden Arches. What may be bad for the waistline may be good for the wallet. In these tough times, those $3.50 Big Macs never tasted so good. (See the evolution of McDonald's fine-food chain Chipotle...

Author: /time Magazine | Title: In Lean Times, McDonald's Only Gets Fatter | 1/21/2009 | See Source »

...states throughout the Midwest and South, is promoting four different meal combos for less than $4. "In Los Angeles, every other billboard is a 99-cent food price," says Glass. The battle for bargain-hunting eaters is on. But given its recent winning ways, McDonald's might just add a few more billion served...

Author: /time Magazine | Title: In Lean Times, McDonald's Only Gets Fatter | 1/21/2009 | See Source »

Meanwhile, the checkerspot slumbers beneath the snowy alpine meadows of Otero County. Cloudcroft cautiously prepares for what it hopes will be the usual summer tourist invasion. And environmentalists intensify their campaign to add what would be the 21st butterfly to the list of protected species in the U.S. "Diverse native insects should be cause for celebration," says Rosmarino. "I would like to see Cloudcroft honor and promote its endemic checkerspot, perhaps with a butterfly festival." Cloudcroft is less enthusiastic. "Their agenda," warns Michael Nivison, the village administrator, "is to get everybody out of the forest...

Author: /time Magazine | Title: Postcard from Cloudcroft | 1/21/2009 | See Source »

...will go to Europe in April to attend the next G-20 meeting on the global economic crisis. The steady pitch of crises and atrocities will demand his attention. There are crucial decisions to be made about the pace of withdrawal from Iraq and how many U.S. troops to add in Afghanistan. (Asked about the persistent reports from the Pentagon that up to 30,000 more troops are scheduled for Afghanistan, a senior Obama aide said, "No - repeat, no - decision has been made about troop levels in Afghanistan, and anyone at the Pentagon who says otherwise should be fired...

Author: /time Magazine | Title: Obama Promises New Destiny, Work Begins Today | 1/21/2009 | See Source »

...benefit when he sells his home. That's because he's not likely to get back the $1.6 million he paid for the house when he bought it in 2004. If he were to sell it today, Geithner's house would fetch $1,357,500, according to Zillow. Add in real estate agent fees, plus any money Geithner put into the house in remodeling and repair costs, and Geithner is probably looking at an investment loss of more than $300,000. He can use that to lower the taxes he may have to pay against long-term stock-market gains...

Author: /time Magazine | Title: Tax Tips for Timothy Geithner | 1/21/2009 | See Source »

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