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Especially if you creep behind the sculpture to where thick, white piping connects the semicircles to the building, the sheer enormity of the piece becomes evident. Although its forms seem simple, its size and its interaction with the building make it fascinating and complex...

Author: By Cara B. Eisenpress, CONTRIBUTING WRITER | Title: Tales of Public Art | 5/5/2005 | See Source »

...trusted oracle who Wall Street and Washington believed could steer through such choppy waters. After taking over from inflation slayer Paul Volcker in 1987, Greenspan greatly expanded the role and influence of the Fed Chairman, whose principal job is to oversee monetary policy. His economic mission creep included commenting on everything from tax cuts and the housing market to entitlement programs. In 1996 he warned investors of "irrational exuberance," only to turn around and exacerbate the stock market bubble, his critics allege, by becoming a cheerleader for the New Economy. Many Fed watchers believe that by injecting himself--usually...

Author: /time Magazine | Title: Greenspan's Deficits | 4/25/2005 | See Source »

...Democrat on the Senate Budget Committee: "Our problem is not the budget process. It's the absence of will." Congress, said Democratic Congressman Barney Frank of Massachusetts, had gone "from winking to blinking to nod." For his part, Reagan promised to keep up the fight against letting new taxes creep into the budget. "You didn't send us to Washington to feed the alligators," he said in his Saturday radio broadcast. "You sent us to drain the swamp...

Author: /time Magazine | Title: Lights Out on Congress | 4/18/2005 | See Source »

...long as companies are trying to figure out what works by flying the next big idea past a bunch of teenagers, they may take chances on some zany concepts. But once the commercial winners are clear, more outlandish forms of content may fade away. Spam and advertising will creep in too. That makes now an ideal time for all of us to enjoy the wacky creation of a new industry. Your teenager's cell-phone habit might be driving you crazy, but it's jolting the tech world with a hit of much needed creative chaos. --With reporting by John...

Author: /time Magazine | Title: How Kids Set the (Ring) Tone | 3/28/2005 | See Source »

Eyes peering through slits in black masks, the commandos creep up the floors of the Baghdad apartment building, ready to pounce. Their target is Omar Tamimi, an insurgent believed to have carried out the January assassination of the governor of Baghdad province. In the past, the responsibility for such high-profile operations has been shouldered by teams of elite U.S. troops. But on this night, the American commandos are playing a support role to members of the new Iraqi army's Counter Terrorism Task Force, a unit the U.S. is training to take on more counterinsurgent dirty work. The early...

Author: /time Magazine | Title: Taking Back Iraq's Streets | 3/19/2005 | See Source »

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