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...which the midterms pivot. "At the end of the day," says Democratic Senate Campaign Committee spokeswoman Deirdre Murphy, "it's going to come down to whether they want to go with Democrats who have produced steady economic progress or go with Republicans whose failed policies got us into this mess in the first place...

Author: /time Magazine | Title: Does Obama Help or Hurt Dems on the Trail? | 2/19/2010 | See Source »

...consumer-protection meltdown, a direct result of exploitative loans that never should have been approved. It's certainly true that the securities that sparked the crisis began imploding after subprime borrowers began struggling to repay the underlying loans. Still, the notion that a CFPA would have prevented the mess is debatable at best. It's not as if all borrowers who bit off more than they could chew were deceived; many of them just wanted more house than they could afford, and it's not clear whether an agency devoted to helping consumers would have pushed for stricter scrutiny...

Author: /time Magazine | Title: The Case for a Consumer Financial Protection Agency | 2/17/2010 | See Source »

...TIME. "You literally crush our economy no matter if you try to tax or borrow your way out of [debt]. It's just that unsustainable. The sooner we acknowledge that, the better off everybody's going to be. That's why we have to get out of this political mess we're in, where everybody demagogues each other and nothing gets done because people are afraid to tackle these challenges...

Author: /time Magazine | Title: Paul Ryan: The GOP's Answer to the 'Party of No' | 2/17/2010 | See Source »

...more of President Obama's interviews I read, the more I respect him for his integrity and class. He has been in office just a year but is widely expected to clean up the mess it took the Bush Administration eight years to create. And he has to do it while dealing with some of the worst partisanship I can recall in recent history. Anyone who remembers Economics 101 knows unemployment is the hardest and last problem to be solved. Give the President a break...

Author: /time Magazine | Title: Inbox | 2/15/2010 | See Source »

...ever to hear one in a movie, it would be as background music to a mysterious woman dancing in the twilight. By album No. 2, Devotion, that sound was so rigidly set that it seemed as if the duo had run slowly but beautifully into a dead end. Why mess with perfection...

Author: /time Magazine | Title: Taste of Spring | 2/15/2010 | See Source »

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