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...then McCain made his surprise announcement that the financial crisis was more important than politics, which was why he had to drag the entire circus of presidential politics into the middle of the delicate negotiations. Which seemed to blow up the moment he arrived in town. Conservative Republicans in the House had their own ideas for a bailout, including a suspension of capital-gains taxes, which made no sense as a response to a Wall Street free-fall - a capital-gains tax holiday would only encourage a bigger sell-off - but hey, conservative Republicans in the House really hate capital...

Author: /time Magazine | Title: Oh, the Drama! McCain in the Theater of the Absurd | 9/27/2008 | See Source »

...style of that less lyrical era, crude but effective books that dispensed with stylistic foofaraw and hooked the reader from the get-go with pure plot. (Sample first line, from David Dodge's The Last Match: "The guy who was waiting for me in my room merely wanted to blow my head off, that's all.") "Pulp fiction was written at high velocity by people who had a bill collector waiting at the door," Ardai says. So far, he has signed up some A-list talent, including Madison Smartt Bell and Stephen King. He has also done some sleuthing...

Author: /time Magazine | Title: The Next Chapter | 9/26/2008 | See Source »

...leadership change followed a demand by a major kosher-certification agency, the Orthodox Union, that Agriprocessors replace its CEO or risk losing the agency's seal of approval, which would be a catastrophic blow for a kosher meat supplier. Questions had also arisen over whether the slaughtering techniques used in the plant had complied with koshering standards, after a video filmed undercover in the plant by the animal rights group PETA showed slaughtering techniques that some observers suggested were at odds with koshering practices. Federal inspectors cited Agriprocessors for violating a regulation pertaining to humane slaughtering methods, although they...

Author: /time Magazine | Title: A Kosher Meat Plant Struggles to Recover | 9/26/2008 | See Source »

...Pakistani newspapers ran prominent accounts of the "embarrassing" incident, while news anchors smirked after airing the footage. On Geo TV, a popular Urdu-language network, Zardari's words were delicately termed a "light and open exchange of remarks" before the short clip ran with blow-by-blow commentary. A subsequent version ran with an Urdu ballad playing in the background...

Author: /time Magazine | Title: How Sarah Palin Rallied Pakistan's Feminists | 9/26/2008 | See Source »

...problems and the cascading margin calls on stock-market investors will have on the Russian economy as a whole. In such volatile times, it's particularly hazardous to make any predictions. But Russia experts say that, for the moment at least, they don't expect the troubles to blow up into a huge national economic crisis like the one of a decade ago, when the ruble collapsed and the economy contracted sharply. If anything, there will be a welcome cooling off in the economy, which has been hit by rising inflation...

Author: /time Magazine | Title: Red Tide at the Casino | 9/25/2008 | See Source »

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