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The automobile business is great. Just ask someone who's in it. "People want to buy cars," says Rod Buscher, CEO of Summit Automotive Partners in Denver, which owns 30 assorted dealerships nationwide. And he really wants to sell cars. The problem is that would-be buyers lack either the...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

This was a rare instance of Barack Obama reacting reflexively, without attempting to think creatively, about a serious policy question. He was, in fact, taking the traditional path of least resistance: an unexpected answer on marijuana would have launched a tabloid firestorm, diverting attention from the budget fight and all...

Author: /time Magazine | Title: Why Legalizing Marijuana Makes Sense | 4/2/2009 | See Source »

Barack Obama and his wife flew to London together. They have been staying together at Winfield House, the sprawling American ambassadorial residence in Regent's Park, and are photographed together regularly, boarding and leaving planes and helicopters, walking from cars, meeting with the Queen and assorted world leaders. But they...

Author: /time Magazine | Title: Michelle Obama Finds Her Role on the World Stage | 4/2/2009 | See Source »

On the balance sheet of debacles caused by this economic crisis - the $700 billion Troubled Asset Relief Program (TARP), the stock-market swoon, the credit crunch and the ongoing global recession - $165 million is small change. But the revelations of the AIG bonuses, like nothing else, seemed to finally tip...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

Dining Hall: Eh. The dining room is beautiful, particularly in sunshine, but the servery garners a lot of (mostly-justifiable) ill will. It's cramped and has to outsource important culinary functions (anything drinkable, cereal, microwave) to assorted satellite sections of the dining hall.

Author: By Maxwell L. Child | Title: The Housing Crisis: Lowell House | 3/14/2009 | See Source »

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