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...solution to Islamic terrorism, as the author sees it, is genuine peace in the Palestinian territories and an immediate U.S. withdrawal from Iraq, depriving jihadis of their ability to wage a moral war. "The presence of even one American soldier ... will trump any goodwill policy the United States attempts to carry out in the Middle East," he writes. He also recommends an end to the offering of rewards, to the publication of most-wanted lists and to the staging of press conferences that proclaim the capture of top terrorists, since jihadis regard all these as badges of honor. It would...

Author: /time Magazine | Title: The Jihadi Next Door | 3/20/2008 | See Source »

...through the books, and some have fingered rumor-mongering short sellers who stood to gain as the stock dropped, but for now it mainly looks like just a sudden crisis of confidence. Which could conceivably happen to anybody. "It's a good old-time panic," says Scott MacDonald, co-author of Separating Fools from Their Money: A History of American Financial Scandals and director of research at Aladdin Capital, a fixed-income investment manager in Stamford, Conn. "We haven't had one in a while...

Author: /time Magazine | Title: The Bear Trap | 3/20/2008 | See Source »

...comfortable. "The best-case scenario is a mild recession and a slow recovery with mildly elevated inflation," says Harvard professor Kenneth Rogoff, a former chief economist at the International Monetary Fund. "That's the best outcome we can hope for at this point." Rogoff is a co-author, with the University of Maryland's Carmen Reinhart, of a much discussed new paper that surveys the five worst rich-country financial crises since World War II, and he finds alarming parallels to the current U.S. situation. Those crises all brought economic downturns that, while much milder than the Great Depression, were...

Author: /time Magazine | Title: The Bear Trap | 3/20/2008 | See Source »

After the curtain calls for his 2004 theater piece, Meet the Browns--one of the strange comedy-musical-melodramas that have made Tyler Perry a hero to the older black Christian community--the author-director came out onstage to talk to his devoted audience. He confided that he'd been asked to produce a TV comedy series but turned it down because it couldn't be religious. "Did you know you can't say 'Jesus' in a sitcom?" he said, to murmurs of disapproval from the faithful. "They told me that, and I was like, You gotta be kiddin...

Author: /time Magazine | Title: God and Tyler Perry vs. Hollywood | 3/20/2008 | See Source »

...movies come off like neutered versions of his strutting, crazily intense stage shows (available on the seven-disc DVD set Tyler Perry: The Plays). These are the source material for almost all his films. Onstage, you can see the author and his cast sweating to please a live audience, which hoots its disapproval of the naughty characters and its delight at all that vigor. Also, the shows are musicals, and it's during the singing that they really soar--Dreamgirls meets the Ebenezer Baptist Church choir, and the congregation's spirits raise the roof...

Author: /time Magazine | Title: God and Tyler Perry vs. Hollywood | 3/20/2008 | See Source »

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