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Treasury Secretary Henry Paulson's latest plan for the $700 billion bailout fund has many economists responding like Seinfeld's Soup Nazi, "Next!" They say the idea of using funds approved by Congress in early October to stimulate credit card and auto lending is ill advised and unnecessary...

Author: /time Magazine | Title: Paulson Credit-Card Bailout Draws Growing Criticism | 11/16/2008 | See Source »

...documents, obtained by TIME, include internal prosecution e-mails given to the Justice Department and Congress by a whistle-blower during the past 18 months. John Conyers, chairman of the House Judiciary Committee, which investigated the Siegelman case as part of a broader inquiry into alleged political interference in the hiring and firing of U.S. Attorneys by the Bush Justice Department, last week sent an eight-page letter to Attorney General Michael Mukasey citing the new material...

Author: /time Magazine | Title: More Allegations of Misconduct in Alabama Governor Case | 11/14/2008 | See Source »

...smoking. Nor was the Chicago machine an ingredient in Obama's political rise. "He didn't rely on the machine for his success," says David Moberg, who has covered Chicago politics closely as a longtime writer for alternative magazine In These Times. "When he ran for the state senate, Congress and the U.S. Senate, he was opposed by the party organization...

Author: /time Magazine | Title: How the Chicago Way Helped Obama | 11/13/2008 | See Source »

...most efficient times to run everything from major heating and cooling systems in public buildings to your clothes dryer. • Increased investment in mass transit. Hendricks says there are $20 billion to $30 billion in local-rail and alternative-energy bus projects that have already been approved by Congress but not yet funded by the Federal Government...

Author: /time Magazine | Title: What a New Energy Economy Might Look Like | 11/13/2008 | See Source »

...moment, however, political leaders are busy culling votes. Writing in the weekly magazine Outlook, Congress party member Abhishek Manu Singhvi pounced immediately, writing, "[The BJP] claims to be a mainstream political party - with its direct members and associates directly linked to terrorism. It gives us homilies on terror and calls us soft on terror, while allowing its own philosophy to preach terror and its own activists to commit terror." The BJP has hinted at a conspiracy by the ruling government to frame the accused for political gains. "A terrorist is a terrorist irrespective of his religion or caste...

Author: /time Magazine | Title: India Terror Arrests Shock Nation | 11/13/2008 | See Source »

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