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...meted out by clan elders who consult in public gatherings called jirgas. It was an imperfect solution to a difficult problem. But when al-Qaeda leaders fled Afghanistan in the wake of the 2001 war on their Taliban hosts and took refuge in the tribal areas, it became downright dangerous...

Author: /time Magazine | Title: Dangerous Ground | 7/10/2008 | See Source »

That was then. Over the past couple of weeks, much of the economic news out of Europe has been weak, gloomy or downright terrible. Denmark has officially slipped into recession. Ireland, the star performer of the past decade, has slashed its growth expectations for this year close to zero. Spain has stopped growing. The U.K. is teetering on the edge of recession. And Germany, Europe's biggest economy, is finally showing signs of a marked deterioration. "It's hard to find a country that's keeping its head above water," says Véronique Riches-Flores, chief European economist...

Author: /time Magazine | Title: Europe's Economy: Falling Down | 7/9/2008 | See Source »

...like to see this country become once again a country where a little 6-year-old girl can grow up knowing the same freedom that I knew when I was 6 years old, growing up in America," he once declared. As a matter of historical fact, that statement was downright bizarre. When Reagan was 6, in 1917, women and most blacks couldn't vote, and America's entry into World War I was whipping up an anti-German frenzy so vicious that some towns in Reagan's native Midwest banned the playing of Beethoven and Brahms. But for Reagan...

Author: /time Magazine | Title: The War Over Patriotism | 6/26/2008 | See Source »

...places like Augusta, Georgia, and Lubbock, Texas, people wrote in to criticize Thomas' attack on Obama. "To suggest that anyone is not a Christian because they do not adhere to Cal Thomas' narrow interpretation of what a Christian should believe," wrote one Texan, "is extremely intolerant, ignorant, and downright insulting." Barack Obama couldn't have said it any better himself, and this election year he may not have...

Author: /time Magazine | Title: Is Dobson's Obama Hit Backfiring? | 6/26/2008 | See Source »

...October, I stood in the back of a packed Manhattan ballroom listening to hedge-fund manager David Einhorn explain to an audience what had gone wrong with Wall Street. Packaging home loans into securities was a "mediocre idea," he said. Repackaging those securities into yet other securities was a downright bad one. Credit ratings were a joke. Investment banks--he mentioned Bear Stearns and Lehman Bros. by name--took too many risks and disclosed too little...

Author: /time Magazine | Title: The Crusading Hedge-Fund Manager | 6/19/2008 | See Source »

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