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...turmoil in the boardroom and the newsroom: One of the more chilling numbers in this report is 20% - as in the percentage of journalists who worked in newspapers in 2001 who have since left the field because their jobs have been eliminated. In 2008, "America's newspapers got smaller in just about every way." Half of the country's states no longer have a newspaper that covers Congress. "Yet nowhere," the report continues, "was the turmoil more acute than in news magazines." (This, ahem, includes Time...

Author: /time Magazine | Title: The State of the Media: Not Good | 3/16/2009 | See Source »

...Press - an interview that was followed the next week by the largest single-day drop in stock market history. So why Bernanke's change of heart? He responded to that question quite plainly: "It's an extraordinary time. This is a chance for me, I think, to talk to America directly." Speaking with Pelley from the Federal Reserve and his hometown of Dillon, South Carolina, Bernanke said that if markets can be stabilized he expects the recession to come to an end "probably this year." And the possibility of the nation sinking into a second depression? "I think...

Author: /time Magazine | Title: Federal Reserve Chairman Ben Bernanke | 3/16/2009 | See Source »

...pictures of America's devastated retail landscape...

Author: /time Magazine | Title: Federal Reserve Chairman Ben Bernanke | 3/16/2009 | See Source »

...Fortunately, America has more to sell than the U.K. Yellowstone was established as a national park in 1982. It has more than 2.2 million acres of land, making it larger than Rhode Island and Delaware combined. It is a logger's dream. International Paper recently announced that it would sell 143,000 acres of its land for $275 million. At that rate, Yellowstone should be worth over $4 billion. (Read a TIME story on Yellowstone...

Author: /time Magazine | Title: Will the U.S. Sell Assets As the British Government Did? | 3/16/2009 | See Source »

...recent “Presidential Pledge” video that Moore and her husband, Ashton Kutcher, created with the help of dozens of other “inspired” actors, a group of Hollywood celebrities comes together with the intent to catalyze the deep, profound change America “needs” at the dawn of its forty-fourth presidency...

Author: By James K. Mcauley | Title: A Confederacy of Dunces | 3/16/2009 | See Source »

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