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...September retail sales and housing starts - will likely add up to a bleak picture, both in terms of consumer confidence levels and the overall health of the U.S. economy. "The data will show an economy that has lost a lot of steam in September in relation to August," says Joe LaVorgna, chief U.S. economist at Deutsche Bank. "It remains to be seen how bad October will be, but we could really see a bad quarter in terms of Gross Domestic Product performance where we are down at least a couple of percentage points...

Author: /time Magazine | Title: Four Reasons the Markets Are Still Troubled | 10/15/2008 | See Source »

...Inside-the-beltway representatives had better straighten up. With this kind of leadership, who needs Congress? Joe Myers, MESA, ARIZ...

Author: /time Magazine | Title: Heroes of the Planet | 10/15/2008 | See Source »

...that was campaign-trail hogwash, Hoss. Hate to burst your bubble. Maybe you haven’t noticed, but we’ve never really been the go-to guys for compassion—or prudence, or honesty, or the human touch. Ours is the big tent of Joe Lieberman and Alberto Gonzales. You’re right, though; Gramps isn’t pulling it off. No use being a wolf in a temperamental and frustrated old man’s clothing. Horseshit doesn’t work without a healthy dose of charm...

Author: By James M. Larkin | Title: From Republican Headquarters | 10/15/2008 | See Source »

...votes; now, without a major change in the race's dynamic, he has no clear path. Sarah Palin revitalized her image with a folksy, defiant presentation, and McCain found a way to attack Obama with a smile, but neither performance changed the trajectory of the overall race. Obama and Joe Biden didn't take any big risks, but they didn't have to--and polls uniformly showed that voters thought they were the victors. McCain isn't the only Republican whose election prospects are in peril. With the economy in shreds and wrong-track numbers rising, GOP strategists fear...

Author: /time Magazine | Title: The Page | 10/9/2008 | See Source »

...think McCain has answered a single question with that sort of clarity in these debates. He answers with oblique gestures - raising totems like General Petraeus and Senator Joe Lieberman as proof of his bona fides - or attacks on targets (like "liberalism") whose relevance has evaporated during the past eight years. Even when it comes to national security, his alleged area of expertise, McCain has difficulty explaining himself. His waffling about whether to cross the border into Pakistan for targeted strikes against al-Qaeda leaders was both foolish and incomprehensible: if the Pakistanis are our allies, as he insisted...

Author: /time Magazine | Title: The Obama Surge: Will It Last? | 10/9/2008 | See Source »

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