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...Detroit institutions in return for rich infusions of government aid. The first infusion came on December 19th when President Bush announced that Chrysler, along with GM, would receive $13.4 billion of emergency loans from the Troubled Asset Relief Program (TARP) after Congress had refused to pass a separate bailout bill. On Christmas Eve Cerberus got another last-minute gift when the Federal Reserve Board voted to permit GMAC to change its status to a bank holding company. (GM still owns 49% of GMAC). (See pictures of the remains of Detroit...

Author: /time Magazine | Title: What Uncle Sam Gave Detroit For Christmas | 12/26/2008 | See Source »

...Presided over Bill Clinton's 1998 impeachment trial in the House of Representatives. LaHood drew positive reviews for his handling of the tricky task...

Author: /time Magazine | Title: Transportation Secretary: Ray LaHood | 12/24/2008 | See Source »

...More than once the entire House stood up and applauded how he comported himself in the chair." - Rep. Anna Eshoo (D-Cal.), on LaHood's agile handling of the 1998 House impeachment trial of then President Bill Clinton, Bloomberg...

Author: /time Magazine | Title: Transportation Secretary: Ray LaHood | 12/24/2008 | See Source »

...Earth at 25,000 miles per hour and you have to hit a narrow atmospheric corridor just 2.5 degrees wide in order to survive the fireball of reentry, a cautious commander would also consider it a couple of minis too many. So Borman ordered his crewmates, Jim Lovell and Bill Anders, to keep the brandy stowed...

Author: /time Magazine | Title: Remembering Apollo 8, Man's First Trip to the Moon | 12/24/2008 | See Source »

Certainly the number of revelers who share those sentiments is greater than you think: in a 2006 Chicago Tribune poll, 68% of respondents affirmed their belief in a War on Christmas. But while Gibson and FOX colleague Bill O'Reilly have taken the fight against these left-wing Grinches mainstream, theirs is only the latest skirmish in a battle that's been going on for hundreds of years. The front lines of the War on Christmas were originally manned by none other than the Puritans - and not on the side many conservative news anchors might think. Objecting to the yuletide...

Author: /time Magazine | Title: The War on Christmas | 12/24/2008 | See Source »

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