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...will have a writing companion in his wife, Laura, who in January signed a multimillion-dollar contract to write her own memoir. But they'll have to pedal hard to catch up with the literary achievements of the current occupant of 1600 Pennsylvania Avenue. Thursday also brought news of Barack Obama's 2008 book earnings - with the same publisher, Crown. The President picked up $2.5 million in royalties last year for his memoir Dreams from My Father (139 weeks and counting on the New York Times paperback nonfiction list) and The Audacity of Hope (64 weeks on the same list...

Author: /time Magazine | Title: Bush and Obama Share One Thing: A Publisher | 3/20/2009 | See Source »

...House overwhelmingly passed a bill that would impose a 90% income tax on all compensation over $250,000 earned by employees at banks that have received more than $5 billion in bailout funds. The Senate is working on its own bill to raise taxes on highly compensated bankers. President Barack Obama indicated he would sign legislation that curtails bonuses...

Author: /time Magazine | Title: Citigroup Plans Big Bonuses Despite Rules Against Them | 3/20/2009 | See Source »

...This is the place that spawned the anti-Christ Barack Obama,” she said. “This is the place where the leaders of America are taught doomed rebellion...

Author: By Sofia E. Groopman and Michelle L. Quach, CRIMSON STAFF WRITERSS | Title: Anti-Gay Hate Group Comes to Harvard | 3/20/2009 | See Source »

...effective in the high crags of Central Asia. Indeed, apart from sending 17,000 more troops to Afghanistan, the U.S. is looking to redesign their equipment - from the gear they carry to the vehicles they drive to the drones that spot trouble ahead - as they pursue the mission Barack Obama has called the "right war." (See pictures of a mountainous outpost in Afghanistan...

Author: /time Magazine | Title: The Pentagon's Shopping List for Afghanistan | 3/20/2009 | See Source »

...earlier talk emanating from Moscow of using Latin American air bases for long range Russian bombers (which governments in the region could not confirm) may have been part of the strategy. Medvedev may also take next month's G20 Summit in London to talk tough when he meets with Barack Obama. There is much to bluster about: the proposed missile defense shield to be based in the Czech Republic and Poland; Russian assistance to Iran's nuclear program; and the Strategic Arms Reduction Treaty (START-1) is due to expire in December...

Author: /time Magazine | Title: Medvedev Uses NATO Threat to Reform Military | 3/19/2009 | See Source »

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