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...same consumer spending prison that all large nations are. As the middle classes in countries where it sells its exports face the financial crisis, American exports slow. America's own middle class is not spending money so the entire global consumer base has disappeared in just a few quarters...

Author: /time Magazine | Title: Foreign Layoffs Start to Hurt U.S. Economy | 2/4/2009 | See Source »

...embarrassment of Democrats. Obama and Pelosi each, of course, have distinct motives, and personalities: Pelosi is a partisan warrior who must tend to her caucus, while Obama got elected as a postpartisan healer, implicitly attacking the old ways of Washington and striving to appeal to a broader national base. (See who's who in Obama's White House...

Author: /time Magazine | Title: Obama vs. Pelosi: Can the President Work with the Democrats? | 2/4/2009 | See Source »

...Born in 1958, Steele was adopted as an infant and raised on Andrews Air Force Base...

Author: /time Magazine | Title: New RNC Chairman: Michael Steele | 2/2/2009 | See Source »

Scott Sigler of San Francisco also missed out on getting his first novel published, with a deal collapsing in late 2001. But like Hutchins, he built a big Internet fan base on novel podcasting, which led to a 2007 deal with The Crown Publishing Company (a division of Random House), one believed to be in the hundreds of thousands of dollars. Sigler reached a milestone this month by cracking the New York Times Hardcover Fiction bestseller list with Contagious, a first for an author emerging from the podcast genre. The print run for Contagious is 80,000 copies...

Author: /time Magazine | Title: Podcasting Your Novel: Publishing's Next Wave? | 1/31/2009 | See Source »

...Pope's biggest problem will be neither Jewish leaders' hurt feelings (which he has already begun to heal) nor the outrage of liberal Catholics (with whom Benedict was never going to be truly simpatico). Instead, for the first time in his papacy, Benedict has risked alienating his own base. (See a graphic of Pope Benedict's spheres of influence...

Author: /time Magazine | Title: In Healing One Schism, Pope Benedict Creates More | 1/31/2009 | See Source »

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