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...been interrupted in the midst of dining on lobster with drawn butter). Mikaela is worried about Sam going off to college, and she should be: Princeton is rendered as a Playboy mansion with dorms. The movie's main romantic tension revolves around the fact that she and Sam still haven't said "I love you" although they have had sex. We know this because Sam's mother Judy (Julie White) heard them. She divulges this information while high on a pot brownie she accidentally ate on Sam's first day at college...

Author: /time Magazine | Title: Transformers: Revenge of the Fallen Falls Short | 6/24/2009 | See Source »

...Christopher Caldwell's "The Limits of Empathy": Claiming that Sotomayor "ignored a host of pressing constitutional issues" when deciding against the plaintiffs in the New Haven, Conn., case is a gross misrepresentation of reality. In fact, the judges went along with current, established constitutional law intended to prevent discriminatory criteria. An appeals court should not overturn Supreme Court rulings lightly. It would have been judicial activism to ignore precedent and decide in the plaintiffs' favor. Cinny Wong, AUSTIN, TEXAS...

Author: /time Magazine | Title: Inbox | 6/22/2009 | See Source »

...recent days, 10 top banks have begun to repay some $68 billion in TARP funds. According to Warren, knowing exactly what happened to money spent under TARP is less important than simply keeping the pressure on. "We certainly haven't achieved perfect transparency," she says...

Author: /time Magazine | Title: Elizabeth Warren: Riding Herd on the Bailout | 6/22/2009 | See Source »

...Washington had been willing to follow his advice in 1930 or '31 (which essentially amounted to "Print more money"), the Great Depression might not have been so great. For the past two years, the Federal Reserve has been working right out of the Fisher playbook, and while the results haven't been perfect, they've been a lot better than those of the early 1930s. The economics that Fisher espoused--reborn after his death in 1947--should not be discarded. But clearly, there are some issues with...

Author: /time Magazine | Title: The Myth Of the Rational Market | 6/22/2009 | See Source »

...secret that Faculty of Arts and Sciences administrators haven't exactly won a large fan following over the past couple months. When FAS leaders cut $77 million from its budget in response to the financial crisis, they took the axe to student favorites like the hot breakfasts we eat on those three days a year we're up before 10 and the shuttle service we use on nights we're not in the mood to get mugged...

Author: By Loren Amor | Title: Creative Budget Cuts -- Sports Edition | 6/22/2009 | See Source »

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