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...This makes little sense. Since the credit first passed last year, the logic of our financial rescue has evolved. The panic phase - the time when so many felt government had to act boldly and at any cost - has passed. Slowly, the free market is easing back in. Consider the federal guarantee on money-market mutual funds, which was slapped together a year ago to prevent a run on a key part of our financial system. That backstop expired on Sept. 18. It wasn't renewed. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Should the Home-Buyer Tax Credit Be Allowed to Expire? | 9/28/2009 | See Source »

...Webb, chief economist for Atlanta-based Manheim, one of the nation's principal used-car auctions, says "orphan" brands such as Hummer, Saturn and Saab have felt the brunt of adverse consumer reaction to the GM bankruptcy. In addition, Hummer's dealer network is in disarray and used Hummers have lost value, Webb notes...

Author: /time Magazine | Title: Could Hummer Be Headed for the Heap? | 9/28/2009 | See Source »

...know why she would have felt threatened...

Author: /time Magazine | Title: Verbatim | 9/28/2009 | See Source »

TAYLOR SWIFT, singer, describing how she felt when rapper Kanye West interrupted her acceptance speech for Best Female Video during the MTV Video Music Awards to complain that another nominee, Beyoncé, had "one of the best videos of all time...

Author: /time Magazine | Title: Verbatim | 9/28/2009 | See Source »

...Blackberries, no work e-mails, nothing—for one evening every week after 6 p.m. At first, these people sort of freaked out. They had "tummy rumbles," which are "gut worries or concerns about their project," the WSJ reports. They felt like they should be doing something...well, productive, during these free evenings...

Author: By Esther I. Yi | Title: A Paradox We Can All Live By | 9/27/2009 | See Source »

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