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...Dennis Ross is not naive. I believe he is if he thinks Iranians can be persuaded to switch focus to the economy--and question why their regime is not spinning money and enriching the country--while their centrifuges are "spinning day and night" enriching uranium. If the North Koreans, who are far poorer, can live with this set of priorities out of a sense of national pride, why can't the Iranians? Kangayam Rangaswamy, WAUNAKEE...

Author: /time Magazine | Title: Inbox | 6/29/2009 | See Source »

...recession is defined by the Business Cycle Dating Committee of the National Bureau of Economic Research, the semiofficial arbiter of such matters, as a "significant decline in economic activity spread across the economy." It's certainly better for economic activity to be increasing rather than decreasing, but the focus on whether the economy is in recession or not can miss a lot. "I don't care about what the dating committee says. I'm concerned about longer-term issues," says Yale economist Robert Shiller. "We are in for an extended period of subnormal economic growth." Mohamed El-Erian, chief executive...

Author: /time Magazine | Title: A Fun-Free Recovery | 6/29/2009 | See Source »

...Kirbyjon Caldwell and T.D. Jakes, are both African-American ministers from Texas. Caldwell offered a prayer at Bush's first inauguration and in 2008 he officiated at Jenna Bush's wedding. By that point, he was an Obama supporter, even launching the website JamesDobsonDoesntSpeakForMe.com last summer when the Focus on the Family leader accused Obama of "deliberately distorting the traditional understanding of the Bible to fit his own worldview." Obama chose Jakes to preach the sermon at a private prayer service the morning of his inauguration and reached out to him to pray by phone on other occasions...

Author: /time Magazine | Title: The Obamas Find a Church Home — Away from Home | 6/29/2009 | See Source »

...along, Netanyahu has insisted that a different Middle East crisis, Iran's nuclear program, should be the focus of his relations with Washington. And though the Obama Administration resisted that argument, Netanyahu may now be getting help from an unexpected quarter: the Iranian regime, whose violent crackdown on peaceful protests against election-rigging have created a more pressing foreign-policy crisis for the Obama Administration. (See pictures of President Obama in Saudi Arabia...

Author: /time Magazine | Title: Will Iran Take the Heat Off Israel over Settlements? | 6/29/2009 | See Source »

...finished her junior year with straight A's. Muth grew up in Modesto with "lots of love but no money." Raised by her aunt and uncle, she receives a Cal Grant of $4,500 a year. "It definitely helps," says Muth, who credits the grant with allowing her to focus on her studies. As part of his proposed budget cuts, however, Schwarzenegger says Cal Grants should be phased out and that money promised to the incoming college class eliminated. "I appreciate the grant very much and I'm concerned about students coming after me not having the opportunities...

Author: /time Magazine | Title: The Legacy of Proposition 13 | 6/27/2009 | See Source »

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