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But in many ways, the tightened credit make sense. We are living in the aftermath of the greatest credit bubble since the Roaring '20s, after all. Standards were too loose and had to change. At the same time, problems at many banks are contributing to the new, more conservative lending...

Author: /time Magazine | Title: Banks and Small Business: The Crunch Is Still Ahead | 3/22/2010 | See Source »

Last year, total fixed-asset investment accounted for more than 90% of China's overall growth; residential and commercial real estate investment comprised nearly a quarter of that. Toss in the not insignificant fact that it was a huge real estate bust in the U.S. that dumped the world into...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

First, I would say to them, Thank you for showing so much of your compassion. But I would say, especially to the people of Haiti, Your country has been destroyed, but it is also a chance to make a new beginning. Have a government that cares for the welfare of...

Author: /time Magazine | Title: 10 Questions for Desmond Tutu | 3/22/2010 | See Source »

Domming is obviously not the typical side job. What inspired you to respond to that ad? I had worked in plenty of coffee shops already - I'd been making lattes since I was 16. I [actually] went looking for the ad. I already had it in my mind that I...

Author: /time Magazine | Title: Inside the Secret World of a Dominatrix | 3/19/2010 | See Source »

• Close the Medicare Part D prescription drug gap known as the "donut hole," which leaves beneficiaries without prescription drug coverage once their costs exceed $2,830 (in 2010), and doesn't kick back in until they spend $4,550 out of pocket. This provision, which would cost the federal...

Author: /time Magazine | Title: How Dems Got the Score They Wanted on Health Reform | 3/19/2010 | See Source »

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