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...haven't come to the end of ideology, as Daniel Bell asserted in 1960 and Francis Fukuyama restated in 1992, but the familiar polarities of right and left are losing their salience. For a while, America will be in a state of ideological flux - which means we'll be unusually free to improvise a fresh course forward. We can have universal health coverage and public schools unbound from the stultifying grip of teachers' unions. We can tax fossil fuels so that solar and wind become more economical and commit seriously to nuclear power. We can impose sensible regulatory mechanisms...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

...certain self-parodying epiphenomena of the Age of Profligacy - so long, Paris Hilton! - are about to disappear, fun will endure. Hollywood is doing fantastic box-office business, thanks to insanely unserious movies like Paul Blart: Mall Cop and Madea Goes to Jail. The Colbert Report has been a special haven of sanity amid the sky-is-falling hysteria. And again, history is encouraging in this regard: Saturday Night Live and modern comedy were born during the malaise-y '70s, just as wit and humor - the New Yorker, the Marx Brothers, screwball comedy - flourished in the '30s. I'm even hopeful...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

...people have focused on the first part, which is run by the reliable Federal Deposit Insurance Corp. (FDIC) and about which Geithner provided the most detail on Monday. It covers not the complex bundled loans that have received much attention in the media but troubled loans, like mortgages that haven't been paid for three months or more. The plan offers very favorable financing for private investors who want to buy them. In an example provided by the Treasury, an investor would pay as little as $6 for a loan that had an original value...

Author: /time Magazine | Title: Geithner's Bank Plan: Only a Partial Solution | 3/25/2009 | See Source »

...tests. ADHD compromises the brain's executive functioning - its ability to master unexpected exercises. The same way I got nervous, ADHD kids get momentarily lost, their attention fractured for a few seconds. Think about when you're reading and get to the end of a paragraph and realize you haven't been paying attention: that's what it's like for ADHD kids, all the time. My actigraph scores confirmed that I wasn't operating normally for a 38-year-old adult. Instead, during the experiment, I displayed the involuntary body movements of a typical 12-year...

Author: /time Magazine | Title: Kids with ADHD May Learn Better by Fidgeting | 3/25/2009 | See Source »

...officials in Brussels are nervous about the E.U. falling into limbo at such a critical moment. On Wednesday, German MEP Martin Schulz, who leads the European Parliament's Socialist group, accused Topolanek of undermining Europe. "Being here this morning shows that you are a fighter, but so far you haven't understood what the task of the presidency of the E.U. is," Schultz said...

Author: /time Magazine | Title: Czech Government's Collapse Hits the E.U. | 3/25/2009 | See Source »

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