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...bunch of numbers and letters, the American movie rating system sure has a way of inviting controversy. On Nov. 1, it turns 40 years old. Dan Glickman, chairman and CEO of the Motion Picture Association of America, and Joan Graves, Chairman of the Classification and Ratings Administration, spoke to TIME about ratings history, drugs in movies, and the unfairly maligned...

Author: /time Magazine | Title: Happy 40th Birthday, Movie Ratings | 10/30/2008 | See Source »

...According to Japanese analysts, U.S. Federal Reserve Chairman Ben Bernanke may decide that it's best to lower rates again, to below 1%, in the coming months as the economy weakens. Even though ultra-low rates may have little immediate economic impact, they help to stabilize the financial sector as well as stock markets. Equities become more attractive when interest earned by stashing cash in the bank is lower than the inflation rate. "While the BOJ's zero-rate policy did not work as expected in terms of reviving the economy, it contributed to preventing the financial system from collapsing...

Author: /time Magazine | Title: Will the Fed's Rate Cut Help? The Japan Lesson | 10/30/2008 | See Source »

...Biden has a breadth of expertise that comes from having served as chairman of the Judiciary and the Foreign Relations committees in the Senate, two substance-heavy posts. But his ability to maneuver in either of those areas as Veep might quickly run him afoul of both the Attorney General and the Secretary of State. Biden will want a big say in helping decide who in an Obama Administration would get those two posts, if only because he will know how to get Obama's choices confirmed in the Senate better than anyone else. But those close to Biden...

Author: /time Magazine | Title: Hidin' Biden: Reining In a Voluble No. 2 | 10/29/2008 | See Source »

...drawn some Democrats and independents to McCain. "When you look at a meltdown of the economy, people sort of suspend the question of whether there is a lock on a gun or something and really focus on what's happening here," said Clifford B. Levine, a Pittsburgh attorney and chairman of Obama's Western Pennsylvania steering committee...

Author: /time Magazine | Title: How McCain Thinks He Can Win Pennsylvania | 10/29/2008 | See Source »

...organized by the opposition Democratic Progressive Party (DPP). Last week, a Chinese official, Zhang Mingqing, fell to the ground as another mob of angry protesters pushed and shoved around him during his visit to a temple in the city of Tainan. The protesters specifically targeted Zhang, who, as vice-chairman of the Chinese organization responsible for cross-strait relations, was seen as a symbol of China's sway over Taiwan. Meanwhile, Ma has watched his approval rating sink to about...

Author: /time Magazine | Title: Taiwan President Faces Growing Opposition | 10/28/2008 | See Source »

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