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...what happens if Obama takes the next step and explicitly abandons the public option? The left will be disappointed and its enthusiasm for the whole exercise may wane, though Obama probably won't lose many votes among liberal Democrats on Capitol Hill. At the same time, he probably won't pick up many from Republicans, who are looking less and less like they are in the mood to find a compromise. But it could help keep some shakier centrists aboard. And it would lower the intensity of the heat around the entire debate, by removing an issue that the White...

Author: /time Magazine | Title: Health-Care Reform: Obama Finesses the Public Plan | 8/17/2009 | See Source »

...couldn't find a buyer, so the bank is in the odd position of owning a casino - though given the way banks have operated in this decade, that seems like a logical business extension. Meanwhile, Station Casinos, Tropicana and Herbst Gaming have disproved the adage that you can't lose money owning a casino. They borrowed big and went bankrupt...

Author: /time Magazine | Title: Less Vegas: The Casino Town Bets on a Comeback | 8/14/2009 | See Source »

...bull to reawaken? I think they are. Consumer confidence in July rose, exceeding expectations, and there's been a sharp acceleration in industrial production. Also, there is an election in another week, and it's pretty clear that the LDP [Japan's ruling party] is going to lose. The new party that's coming in intends to put through programs that will increase the amount of money that the average Japanese [person has], thereby stimulating personal spending. For example, it intends to cut the gasoline tax and eliminate tolls on all roads. They are going to pump money into...

Author: /time Magazine | Title: Why an Investment Guru Is Bullish on Recovery | 8/13/2009 | See Source »

Most important, the campaign must be keyed to Specter's unexpected defection from the Republican Party last spring. On April 28, he announced he was switching parties after admitting he would lose the GOP primary to conservative challenger Pat Toomey. Specter's blunt and clinical explanation for why he switched did little to endear him to many of the Democratic partisans who will vote in the May 18 primary election. "He lost his first and best opportunity to really make people believe that it was a fundamental shift in his ideology," Nevins says. "Instead he made it sound opportunistic...

Author: /time Magazine | Title: Can Joe Sestak Buck the Odds Against Arlen Specter? | 8/12/2009 | See Source »

...This new test would judge applicants on how they conduct themselves while living in the U.K. Choose to move to Scotland, where the population is declining? Win points. Exhibit antisocial behavior? Lose points. Return to your Third World native country to aid development? Win points. Display "active disregard" for U.K. values - which could include protesting the wars in Iraq or Afghanistan? Lose points. Prospective citizens may also be able to fast-track their candidacy by volunteering or canvassing for political parties. (See pictures of Iraq's revival...

Author: /time Magazine | Title: British Citizenship: Points Off for Protest? | 8/12/2009 | See Source »

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