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...seams: Last week 22 people were killed in a tragic train accident that almost certainly could have been prevented by better controlling techniques, and for over two months Berlusconi has been under attack for his sex life. Not to mention the fact that Irish pop-singer-turned-activist Bob Geldof virulently criticized Italy’s Prime Minister for only delivering three percent of the international aid it had promised to give...

Author: By Sofia E. Groopman | Title: Berlusconi’s Hubris | 7/7/2009 | See Source »

...these awful sales numbers jeopardize any aspect of the Obama rescue plan? Manufacturers insist that the latest car sales are a reflection of the underlying weakness of the U.S. economy. Bob Carter, head of the Toyota sales apparatus, notes that the Japanese automaker's sales totals continue to suffer from California's economic crisis as well as its real estate downturn. "It's not one thing: it's real estate, it's availability of credit, it's unemployment" that's hurting California sales, he says. Mike DiGiovanni, GM's general director of market analysis, says the present economic numbers suggest...

Author: /time Magazine | Title: How Bad Are Auto Sales? 10 Questions and Answers | 7/6/2009 | See Source »

Proposition 13 has proved to be a two-sided sword. "One side was to protect the people from the government suddenly and wildly raising property taxes," says Bob Hertzberg, a former Assembly Speaker and co- chair of California Forward, a bipartisan reform group. "That was done. But we didn't resolve how to pay for the services that people want. So we have created this crazy government structure in Sacramento held together by duct tape and bailing wire. It's not coherent and needs to be changed...

Author: /time Magazine | Title: How California's Fiscal Woes Began: A Crisis 30 Years in the Making | 7/1/2009 | See Source »

...behind the Montreux Jazz Festival, www.montreuxjazz.com, which will run for its 43rd season July 3-18 on Switzerland's Lake Geneva. Nobs, an energetic 73-year-old, was recently in London to help celebrate the 50th anniversary of his friend Chris Blackwell's Island Records, which brought everyone from Bob Marley to U2 to world prominence. Passing out leaflets for Montreux at a commemorative concert in London, Nobs says more than one hipster handed them back with the words, "Jazz? No thanks." (See TIME's Global Adviser for exotic, beautiful and interesting getaways...

Author: /time Magazine | Title: Montreux: Beyond the Blues | 7/1/2009 | See Source »

...Athletic Department felt the heat too, and in that closed-door manner that has become a staple of the way FAS does budget business, Athletic Director Bob Scalise and company gave some JV teams the cheery news that they were being reduced to club status, which is basically a nice way of saying "We're not giving you any more money...

Author: By Loren Amor | Title: Creative Budget Cuts -- Sports Edition | 6/22/2009 | See Source »

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