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...built on the fall of the Berlin Wall and the end of the Cold War - a big dream of liberty and prosperity." As for capitalism, he called for a "new balance" between the market and the state and added, "The idea that markets are always right was a mad idea...

Author: /time Magazine | Title: Behind the Global Markets' Meltdown | 10/8/2008 | See Source »

Countering a charge that upper-class tax increases would hurt the economy, Joe Biden launched like a mad bus driver into a breathless verbal tour of his hometown, beginning with Union Street and a mom-and-pop restaurant, accelerating through all the stops—the current administration, taxes, Iraq, education, health care—taking a slight detour to note his (working-class, blue-collar) predilection for Home Depot, and wheezing back into the station with a promise of change from Obama. To viewers at home, Biden’s brief but intimate portrait seemed to say much more...

Author: By Jessica A. Sequeira | Title: In a Nutshell | 10/6/2008 | See Source »

...bailout. He's using the money to fund a series of full-page cartoons in the New York Times - the fourth runs Oct. 3 - that rail against the bailout and peg President Bush, Henry Paulson and Ben Bernanke as communists. Perkins, 39, talked to TIME about why he's mad and why he's still going to vote for bailout supporter Barack Obama...

Author: /time Magazine | Title: Anti-Bailout Ad Man | 10/3/2008 | See Source »

...part-time profession in the 21st century) Levy is in full finger-wagging mode in this latest polemic. Unlike the grounded, tangible arguments of 2006's excellent American Vertigo--in which he roamed the U.S. à la Tocqueville and painted a portrait of a nation both majestic and mad--there's an intellectual ranginess to Dark Times that makes it difficult to pin down. The object of Levy's ire is the left, or rather, "the monsters that the new laboratories of what we in Europe call Leftism and what Americans call liberalism are giving birth to." In its better...

Author: /time Magazine | Title: The Skimmer | 10/2/2008 | See Source »

...critics, the plan smacks of oil-fueled excess - of a piece with the mad dash across the Arabian peninsula, to build the tallest, biggest glitziest structures money can buy. Their coffers bulging with surpluses, many Persian Gulf states are turning their desert into one giant construction site. There's the City of Silk project in Kuwait, Dubailand in Dubai, and any number of ports, airports, universities and giant residential and industrial complexes coming up in Qatar, Abu Dhabi, Bahrain and elsewhere. KAEC "is not a vanity project, but there is definitely a statement being made," says a Riyadh businessman...

Author: /time Magazine | Title: A New City in the Saudi Desert | 10/2/2008 | See Source »

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