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...Imperial Influence Re "Japan's Mystery of Majesty" [Sept. 4]: It is ridiculous to cast the Imperial Household Agency as a shadowy and mighty institution that dictates the behavior of the Japanese royal family. It is only a minor government department. The royal family is more reserved than its European counterparts because Japan does not want a colorful monarchy like the one the British have. Moreover, the bond between the Emperor and the people of Japan is far stronger and more deeply rooted than your story suggested. The imperial house lost political power to the warrior class centuries...

Author: /time Magazine | Title: Letters | 9/25/2006 | See Source »

...Consumption has lagged. That's because household income has stagnated, due to wage austerity, the rise of part-time and temporary workers, and near-zero interest rates. Total private-sector consumer income (wages, interest, self-employed income, etc.) was lower in 2004 (the latest year for which figures are available) than in 1997. The main source of any income growth has been government transfer payments, such as social security and health care, but these programs are being cut back to reduce the budget deficit. As households have dipped into their savings, so consumption has lagged. The household-savings rate...

Author: /time Magazine | Title: Abe's Economic Challenge | 9/25/2006 | See Source »

...road is made." A pebble cast in the water may seem insignificant, but it creates ripples. Some ripples become waves, and some waves become tsunamis. Paul Lai Longwood, Florida, U.S. Imperial Influence Re "Japan's mystery of majesty" [Sept. 4]: It is ridiculous to cast the Imperial Household Agency as a shadowy and mighty institution that dictates the behavior of the Japanese royal family. It is only a minor government department. The royal family is more reserved than its European counterparts because Japan does not want a colorful monarchy like the one the British have. Moreover, the bond between...

Author: /time Magazine | Title: The Dawn Of The Universe | 9/19/2006 | See Source »

...outpacing the growth of nascar or any other major sport, according to Scarborough Research. Sponsorship revenue has nearly tripled since 2000, to $22.5 million. Advertisers like Yamaha seem to be betting that bull riding will hit the big time. They like the demographics of the fans: the average household income is a healthy $66,000, and 40% are women...

Author: /time Magazine | Title: Bring On the Bulls | 9/18/2006 | See Source »

...With my party off and the din rising, I resigned myself to sitting on the balcony and spying on the neighbor's festivities. The buffet tent and the chairs were filled with men, so the female members of the household were either invited to an all-women's Twelfth Imam birthday party, or confined to the house. I couldn't see the speaker, but his voice transfixed the all-male assembly, rising to extol the Mahdi's virtues (immortal, pure)."He may even be among us right here right now, in this very gathering!" he exclaimed, looking about exaggeratedly...

Author: /time Magazine | Title: Many Happy Returns, Twelfth Imam! | 9/14/2006 | See Source »

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