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...THROUGH MARCH 26 March...

Author: /time Magazine | Title: Briefing | 3/27/2008 | See Source »

...least it did, before it was transformed by the march of progress--first into pastures, then into sugarcane and soybean fields. In one field I saw an array of ovens cooking trees into charcoal, spewing Cerrado's carbon into the atmosphere; those ovens used to be ubiquitous, but most of the trees are gone. I had to travel hours through converted Cerrado to see a 96-acre (39 hectare) sliver of intact Cerrado, where a former shopkeeper named Lauro Barbosa had spent his life savings for a nature preserve. "The land prices are going up, up, up," Barbosa told...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

...been analyzed in terms of its effect on the campaign, not in terms of what it might mean to have a President who doesn't know much about economics. It has become an occasion for the popular Washington game Who Will His/Her Advisers Be? In a speech on March 25, McCain declared that he "will not play election-year politics with the housing crisis" but "will evaluate everything in terms of whether it might be harmful or helpful." He promised to "not allow dogma to override common sense...

Author: /time Magazine | Title: Dumb Money | 3/27/2008 | See Source »

Hillary Clinton's speech on March 24 blamed everybody for the excessive borrowing at the root of this crisis--except the people who did the borrowing. Her proposal to help is a parody of old-Democrat thinking. Thirty billion dollars to states and cities to spend on "everything from police and fire support to graffiti removal and better lighting." She offers a complex plan to renegotiate the terms of troubled mortgages--ultimately with a federal guarantee, which she insists "would cost the taxpayers nothing in the long run." Republicans believe you can cut taxes and bring in more money. Democrats...

Author: /time Magazine | Title: Dumb Money | 3/27/2008 | See Source »

...March your team traveled to Beijing for exhibition games. Do you think the pollution there is going to affect the Olympics? Ian Kachemov, HIGHLAND...

Author: /time Magazine | Title: 10 Questions for Joe Torre | 3/27/2008 | See Source »

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