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...number of gambles in the proposed federal budget and many of them will not pay off. Many of the plans that the Treasury has to improve bank balance sheets and lending will simply be a waste of money. There is no entirely convincing argument that helping worthy people who cannot pay their mortgages with their home loans will stabilize the housing market. The Fed's plan to buy as much as $300 billion in Treasuries may bring down interest rates, but that will not automatically cause businesses and consumers to borrow money and restart the spending cycles that, to some...

Author: /time Magazine | Title: AIG Reaction: Stupidity and the Alchemy of Chaos | 3/20/2009 | See Source »

Annette Hames, a British psychologist and an expert on how children conceive disability, says that anyone, special needs or not, would struggle to identify with these "odd-looking" dolls. Besides, she says, "Down Syndrome isn't about what you look like. It's about what you can and cannot...

Author: /time Magazine | Title: New Dolls on the Block | 3/19/2009 | See Source »

...Currently, FlyBy cannot find the Kirkland and Winthrop contingents.  They may be just inside...but that's weak sauce.  Dunster is here though, as this moose below has been using his megaphone for evil rather than good, relentlessly heckling every passerby with gems like, "It's OK, it's raining, no one can see you crying," and "Your umbrella can't hide that ugly shirt...

Author: By Aparicio J. Davis | Title: The Housing Day Live Blog | 3/19/2009 | See Source »

...cannot imagine that the government could remain immobile before such a phenomenon," said Bernard Thibault, general secretary of the General Confederation of Labor Union, as the marches got underway...

Author: /time Magazine | Title: The Protests in France Get Personal | 3/19/2009 | See Source »

...argument goes that Medvedev needed to further sugarcoat the cuts and reforms - the most dramatic in the last 40 years. "You cannot tell these officers that they will have to be cut because Russia wants to make friends with the U.S.," says Dmitri Trenin the director of the Carnegie Moscow Center. "You have to tell them they have been cut because NATO poses a serious threat, and we need to improve our armed forces to be able to protect ourselves...

Author: /time Magazine | Title: Medvedev Uses NATO Threat to Reform Military | 3/19/2009 | See Source »

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