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...responses, of course, depend on who you ask. However, it's clear that if levelheaded economic experts are even pondering the viability of Europe's monetary union, the situation is grave indeed. "This is a very deep crisis for the euro and all of Europe because what we have is a terrible debt and deficit problem that virtually all European nations share and no collective structures to deal with any of it," says Philippe Moreau Defarge, a European affairs expert at the French Institute on International Relations. "Europe is being forced to recognize it isn't as rich...

Author: /time Magazine | Title: Could the Euro's Days Be Numbered? | 2/19/2010 | See Source »

...programs that included a successfully landed quad, Lysacek has won without one. It's no coincidence that all of these titles were won under the new scoring system. And Lysacek himself couldn't have articulated better how the new rules may be pushing elements like the quad into the deep freeze. "I used to really enjoy training the quad, and I thought it was really important to try it in every competition," Lysacek said after the short program on Tuesday. "But several times I fell. Then I broke my foot, and it became less fun and more scary...

Author: /time Magazine | Title: Lysacek's Gold: Are Olympic Skaters Playing It Too Safe? | 2/19/2010 | See Source »

With these acts of legislative sabotage, Republicans tapped into a deep truth about the American people: they hate political squabbling, and they take out their anger on whoever is in charge. So when the Gingrich Republicans carried out a virtual sit-down strike during Clinton's first two years, the public mood turned nasty. By 1994, trust in government was at an all-time low, which suited the Republicans fine, since their major line of attack against Clinton's health care plan was that it would empower government. Clintoncare collapsed, Democrats lost Congress, and Republicans learned the secrets of vicious...

Author: /time Magazine | Title: Why Washington Is Tied Up in Knots | 2/18/2010 | See Source »

...third strand of thinking is more prosaic and might feel familiar to survivors of politics of the early 1990s. That too was an era of deep divisions and wildly swinging opinion polls: Obama's recent roller-coaster ride is nothing compared with the 50-point plunge in George H.W. Bush's ratings as he approached his re-election campaign. Then, as now, the culprit was a sour economy, but the voice of indignation came not from TV ranters but from a Dallas billionaire. H. Ross Perot catalyzed an anti-incumbent, back-to-basics, pox-on-Washington movement that...

Author: /time Magazine | Title: Why the Tea Party Movement Matters | 2/18/2010 | See Source »

...White, meanwhile, reached into his deep bag of snowboarding tricks during his gold-medal run at Cypress Mountain on Wednesday night. On the routine that clinched his second straight Olympic half-pipe gold, his amplitude - the term snowboarders use to describe the aerial distance they fly off the 22-ft. half-pipe - far exceeded that of the other competitors. He executed back-to-back double corks (two flips and three body revolutions, like a corkscrew) on his winning run. Although he had already clinched the title, on his second run White still went all out and landed the Double McTwist...

Author: /time Magazine | Title: Shaun White vs. Lindsey Vonn: Who's Better? | 2/18/2010 | See Source »

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