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...McCain tried to rattle Obama. He talked about Obama's "cronies" behind the collapse of Freddie Mac and Fannie Mae. He jabbed a finger in Obama's direction and said "that one" voted for a pork-barrel energy bill...

Author: /time Magazine | Title: Obama Plays Ball Control in Second Debate | 10/8/2008 | See Source »

...Democratic Congressional Campaign Committee, she has been blasting Lee for refusing to state whether he would have voted for Congress' $700 billion bailout bill. (Kryzan says she would have voted yes; Lee says the bill was "necessary," but an "embarrassment" because it was loaded with so many pork barrel projects.) Upstate New York and the rest of the Rust Belt has been hit particularly hard by the economic downturn, with the region still reeling from the loss of manufacturing jobs over the past several decades. It is fertile ground for anti-corporate sentiment, and Kryzan is tapping it to attack...

Author: /time Magazine | Title: Races to Watch: A GOP Seat at Risk in Upstate New York | 10/8/2008 | See Source »

...credit crunch is also crunching funding for new clean-energy projects. When the global economy was surging over the past several years, fossil fuel prices were surging as well; the cost of oil exceeded $150 a barrel at one point this year. The economic slowdown has shrunk those prices just as quickly, with oil now dipping below $95 a barrel. That makes renewable energy projects like wind and solar, which have to compete with fossil fuels on straight cost until a carbon price is passed, less attractive. Michael Liebreich, the chairman of the research group New Energy Finance, argued...

Author: /time Magazine | Title: Will the Environment Lose Out to the Economy? | 10/7/2008 | See Source »

...AbFab pulled this off by reveling in its characters' crudeness. NBC's Kath simply smugly insults them - for their clothes, their pop-culture obsessiveness, their eating at Applebee's. It's sneering and unwatchably badly written; it shoots at fish in a barrel and still manages to miss. On NBC's My Name Is Earl, by comparison, Jaime Pressley's Joy may be a moron, but she's an interesting one, with a kind of admirably feral greed. Blair's Kim is just a cartoon idiot. ("It's over!" she declares about her marriage...

Author: /time Magazine | Title: Fall TV: Remade in the USA | 10/3/2008 | See Source »

...government. For Blue Dogs, if there's a silver lining to the crisis that has shaken the financial markets, it's that it has highlighted problems they have been warning about for several years; their gripe is that the supposed solution now includes the same out-of-control pork barrel spending that they have been decrying. "The way I see it, the bailout forced us to go into the flooded basement and pump out the water," says Rep. Jim Cooper, a Tennessee Blue Dog, "and while we're down there we see there's termites everywhere...

Author: /time Magazine | Title: Blue Dog Democrats May Be Key to the Bailout Bill's Fate | 10/3/2008 | See Source »

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