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...answer: a combination of tax increases and fiscal smoke and mirrors. The legislation raises taxes by $569.2 billion and cuts funds from Medicare and Social Security. Democrats are also able to claim that the bill cuts the deficit because, while the insurance subsidies don’t start until 2014, many of the taxes kick in within months. In other words, the changes the bill makes to the health-care system itself will cost $938 billion, as estimated by the CBO, and to fund it, Democrats use taxes and accounting gimmicks. Not only could the new revenue sources have instead...

Author: By Colin J. Motley and Caleb L. Weatherl | Title: Change We Shouldn’t Believe In | 3/23/2010 | See Source »

...eventually reveal why Brett was in jail. Knowing little about the movie’s characters that could render their aimless excursion very gripping, this curiosity regarding Brett’s past is about the only thing driving the plot forward at times. There’s no immediate answer among the flashbacks, though a love story begins to unfold in there, eventually emerging as the foremost narrative element of the film...

Author: By Parker A. Lawrence, CONTRIBUTING WRITER | Title: The Yellow Handkerchief | 3/23/2010 | See Source »

...apartments in the city and has his eyes on something bigger: a lovely five-bedroom, riverfront suburban house, owned but never occupied by a coal magnate from Shanxi province. "How much does he want for it?" he asked a local real estate agent in late February. When told the answer was $735,000, Yang didn't blink. "I'd like to make an offer." (Read "Bubble Trouble: Why Real Estate Is China's Biggest Headache...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

...hardly qualified to dash off authoritative articles on the theological bona fides of African critters. But one recent evening, I made $15 for writing tips on hard-disc data recovery, another $15 for telling people how to repair burnt carpet and $7.50 for teasing out the answer to that most pressing of questions: Is a giraffe sacred...

Author: /time Magazine | Title: Working for Demand Media: The Web's Biggest, Scariest Content Machine | 3/22/2010 | See Source »

...lawmakers have frequently consulted fortune-tellers before making important decisions. Performing dark rites to increase one's power and defeat your adversaries is as pervasive among the political class as bribery and vote buying. Even Thaksin, who became a billionaire from satellite services, computers and telecommunications, once declined to answer a reporter's question because "Mercury [was] not in the right house...

Author: /time Magazine | Title: In Thailand, A Little Black Magic Is Politics as Usual | 3/20/2010 | See Source »

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