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Dates: during 2000-2009
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...There's also political reality. Set aside for a moment the formidable lobbying power of real estate agents and homebuilders, as well as the fact that one of the Senate's biggest tax-credit boosters used to sell houses for a living, and you're still left with homeowners - also known as voters. Many of them have long asked their elected representatives why ordinary folks aren't getting more government help. A house-related tax break - whether or not it's good policy - sure does play well. (See high-end homes that won't sell...

Author: /time Magazine | Title: Should the Home-Buyer Tax Credit Be Allowed to Expire? | 9/28/2009 | See Source »

...biggest Hollywood blockbuster can't compare to rainy season in Asia. The air around you suddenly thickens. The sky blackens and crackles with lightning. Then comes the rain, humbling in its ferocity, crashing earthward as a near-solid wall of water. I live in Bangkok, where the monsoon is now reaching a crescendo, and every day I watch the greatest show on earth through my office window...

Author: /time Magazine | Title: Treading Water | 9/28/2009 | See Source »

...emerge until after a period of horse-trading and a vote in the Bundestag, probably in a week or two, to confirm Merkel as Chancellor. Westerwelle, despite his focus on economics, is expected to become Foreign Minister, the traditional role for the leader of the junior coalition party. The biggest foreign policy issue confronting the incoming government is Afghanistan. Germans are increasingly unhappy with their troops' participation in the NATO mission there, but the U.S. and other countries are keen to see Germany shoulder more of the burden. (Read "Afghanistan: Looking for the Way Ahead...

Author: /time Magazine | Title: 'Much Work' Ahead for German Chancellor Merkel | 9/28/2009 | See Source »

...Little surprise that Snowe may turn out to be at the bridge. "I understand about winning elections, because that's what we do," she says with a sigh. "But it should be a competition of good ideas, not erecting barriers to solving the problems of a great nation." Her biggest challenge will be convincing more of her colleagues to think the same...

Author: /time Magazine | Title: Seducing Olympia Snowe: The Key to Health Reform | 9/25/2009 | See Source »

...Lula da Silva said recently, in what was just one in a series of typical appeals to IOC delegates. "It's not possible that it be in England in 2012 and in another European country in 2016 ... It's not fair that Brazil, one of the 10 biggest economies in the world for 30 years; that Brazil, one of the world's industrialized countries, a nation that has demonstrated its love for sports; it's not fair that Brazil not be chosen...

Author: /time Magazine | Title: Rio's Olympics Quest: Can It Handle the 2016 Games? | 9/25/2009 | See Source »

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