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...York Democrat Chuck Schumer recommended that a single official - the Treasury Secretary, or someone else - be appointed to oversee the process. But nobody's volunteering for that job. Officials at Treasury and the Federal Reserve, already overburdened with the banking bailout, aren't interested. And the rest of the Bush administration seems to be running on autopilot for the final weeks of its existence...

Author: /time Magazine | Title: Automakers Win Hearts in D.C., But No Cash (Yet) | 12/6/2008 | See Source »

...Muggle family, she's never heard of the Tales, which are decribed as Aesop-like children's stories to be read to little wizarding kids. "Oh come on!" Ron says - he can't quite believe it. "All the old kids' stories are supposed to be Beedle's, aren't they? 'The Fountain of Fair Fortune'...'The Wizard and the Hopping Pot'...'Babbitty Rabbitty and Her Cackling Stump...

Author: /time Magazine | Title: J.K. Rowling's Beedlemania | 12/5/2008 | See Source »

...previous year. "You are looking at the deepest downturn that Japanese automakers have ever seen," says Chris Richter, senior research analyst at CLSA, a Hong Kong-based brokerage house. "They've faced downturns before, but not downturns in virtually every global market simultaneously. Even Honda Civics and Toyota Priuses aren't selling well...

Author: /time Magazine | Title: Why Detroit's Woes Are Bad for Toyota | 12/5/2008 | See Source »

...Australia, the wake-up call can no longer be ignored. Since 2002, the world's dryest inhabited continent has been in the grip of the worst drought in its recorded history. In Melbourne, you're no longer allowed to fill your swimming pool, and in bone-dry Brisbane, residents aren't allowed any external water use without a permit. But the real pain has been borne in the Murray-Darling River Basin in southern Australia, the heart of the country's $30 billion agricultural economy. Even in good times, Murray-Darling receives as little as 10 in. of rain...

Author: /time Magazine | Title: Dying for A Drink | 12/4/2008 | See Source »

...mother know that she will be - a job most aren't very good at. "Daughters are better at reassuring their mothers that even though their lives are changing, they're still attached to their mothers," Apter says. "Men are less proactive about that reassurance." So every time my husband calls his mother to chat about the latest football scores, he takes us all another step further down the path of familial harmony...

Author: /time Magazine | Title: Mother-in-Law Problems: They're Worse for Women | 12/4/2008 | See Source »

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