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...watched his own tenure as president of Harvard cut short by a phrase that slipped too nimbly from brain to mouth, Summers, director of the President's National Economic Council, has become a restrained public man. Gone are the days when he would glibly compare flailing financial markets to jet crashes, as he did to TIME in 1999. He is mindful of how ill-considered asides by policymakers can cause financial-market angina. So you can probably imagine the ripple that ran through the Peterson Institute for International Economics in Washington in July when Summers looked up from his prepared...

Author: /time Magazine | Title: Jobless in America: Is Double-Digit Unemployment Here to Stay? | 9/11/2009 | See Source »

Palin, Sarah • dinner with is being auctioned off on eBay, where jet acquired by previous Alaska governor was claimed to have been sold by but actually wasn't • letter to President Obama basically urging him to make sure Afghanistan becomes his Vietnam is co-signed...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 9/11/2009 | See Source »

Americans have already received the largest allotment of tickets ever for the U.S. in a nonhosted Winter Games, and they want more. Mark Lewis, president of Jet Set Sports, whose CoSport subsidiary handles ticketing for the USOC, says more than 80,000 individual tickets have been sold so far. The final phase of ticket sales will being in mid-September, and fans who want tickets should go to cosport.com "It's certainly not too late," says Lewis. Nor is it too late to book hotel reservations. "There will be rooms available, and more are opening up," says Walt Judas, vice...

Author: /time Magazine | Title: Winter Doubleheader | 9/10/2009 | See Source »

...found on Delta's main corporate phone number - but that number is not publicized and "it is not suggested" that customers call it. A representative at that number said they do not take customer complaints and directed me to the website. (Read "Twittering Over JetBlue's All-You-Can-Jet Pass...

Author: /time Magazine | Title: The Airlines' Customer-Complaint Lines: No Answer | 9/3/2009 | See Source »

Some of his targets were old reliables like Bill Clinton, fresh from his diplomatic jaunt to North Korea. ("We need to bring two hot Asian chicks back from North Korea in a private jet," said Smith, imagining the genesis of Clinton's recent mission. "Who should we get?") He delved into the economic crisis, pinpointing the bitter irony of banks' having to declare bankruptcy ("How do you f___ up your only job?"). And he waded fearlessly into perhaps the most treacherous satiric waters of all: the new resident of the White House. (See TIME's history of stand-up comedy...

Author: /time Magazine | Title: Comedy in the Obama Age: The Joking Gets Hard | 8/31/2009 | See Source »

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