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...thing when someone can't make a mortgage payment or a company cannot cover the interest on capital it borrowed to build a new factory. In a recession, those kinds of events are commonplace. It probably never crosses the mind of the average citizen that the ability of the U.S. government to borrow money for deficits, bailouts, mortgage-assistance programs, and refurbishing the monuments in Washington is not limitless. The term infinite may apply to the cosmos but it does not apply to the debt carried by the U.S. Treasury...

Author: /time Magazine | Title: Betting the U.S. Government Won't Pay Its Debts | 3/11/2009 | See Source »

...rocky and warm enough to sustain life—previous research has focused mostly on gaseous planets, because they are usually large and easier to view. The Alan T. Waterman award is specifically targeted to young professionals, requiring that the recipient be under the age of 35, a U.S. citizen, and have had a Ph.D. for fewer than seven years. According to Lisa-Joy Zgorski, the media officer for the National Science Foundation, this award honors “young professionals who have each have achieved great things.” The award will provide Charbonneau with $500,000 over...

Author: By Ellie Reilly, CONTRIBUTING WRITER | Title: Professor Receives National Award | 3/5/2009 | See Source »

...life, but of things that profoundly matter to me as an individual,” Kennedy said in a statement released by his office. Despite receiving the knighthood, Kennedy will not be granted the title of “Sir,” as he is not a British citizen. Kennedy will also likely receive his award from the British ambassador to the United States, rather than Queen Elizabeth II, who knights only British subjects. A date for the ceremony has not yet been set, Pickerill said. Brown, who is currently visiting the U.S., announced Kennedy’s award...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Senator Ted Kennedy welcomed as a member of the Most Excellent Order of the British Empire | 3/5/2009 | See Source »

...visualize it, control its pacing. We own it. Any other version of the book - say, Hollywood's - competes with our original experience and simply can't measure up. And this applies no matter how good the film, how bad the book. If there'd been a cheapo novel called Citizen Kane that preceded the movie, somebody who'd read it first would have said, "Nice try, but it's not MY Citizen Kane." (TIME's Lev Grossman, a devout Watchmen fan, sizes up the movie. Listen to the podcast...

Author: /time Magazine | Title: Watchmen Review: (A Few) Moments of Greatness | 3/4/2009 | See Source »

...John Higgins, the serialized comic book came out in 1986. This was the pre-Internet age - Moore pounded out his scripts on a manual typewriter - when most comics had an afterlife only in the back-issue bins. Yet Watchmen quickly achieved status as the Grail, the Bible, the Citizen Bob Kane of its medium. (TIME canonized it as one of the 100 best novels since 1923.) And it continues to expand its reach. Last fall Gibbons put out the latte-table book Watching the Watchmen. The story is also available on DVD in "moving comics" form: 5 hours...

Author: /time Magazine | Title: Watchmen Review: (A Few) Moments of Greatness | 3/4/2009 | See Source »

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