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...There's also political reality. Set aside for a moment the formidable lobbying power of real estate agents and homebuilders, as well as the fact that one of the Senate's biggest tax-credit boosters used to sell houses for a living, and you're still left with homeowners - also known as voters. Many of them have long asked their elected representatives why ordinary folks aren't getting more government help. A house-related tax break - whether or not it's good policy - sure does play well. (See high-end homes that won't sell...

Author: /time Magazine | Title: Should the Home-Buyer Tax Credit Be Allowed to Expire? | 9/28/2009 | See Source »

Sixty years ago Mao Zedong stood before a sea of people atop Tiananmen Gate proclaiming, in his high-pitched Hunan dialect, the founding of the People's Republic of China and that the "Chinese people have stood up!" The moment was marked with pride and hope. The communists' victory had vanquished the Nationalist regime, withstood the vicious onslaught of the Japanese invasion and overturned the century of foreign encroachment on China's territory. Moreover, Mao and the Chinese Communist Party (CCP) came to power without significant external support - theirs was largely a homegrown revolution. (See pictures of the making...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

...polite posturing of Germany's election campaign captures the mood in most European capitals at the moment. Both Chancellor Angela Merkel's center-right Christian Democrats and the center-left Social Democrats of Frank-Walter Steinmeier remain committed to Berlin's 4,000-strong troop deployment in Afghanistan as part of the multinational force there. But Die Linke, a smaller, left-wing party, has won support by campaigning on an immediate withdrawal, and as public support for the Afghanistan mission falls even the mainstream leaders are having to take notice. Steinmeier has recently hinted that he would pull troops...

Author: /time Magazine | Title: Afghanistan: Looking For the Way Ahead | 9/28/2009 | See Source »

...wife and I haven't had many fights about child-rearing yet. This is mostly because all our son does so far is sleep, eat and poop at the precise moment I hand him over to Cassandra...

Author: /time Magazine | Title: To Vaccinate or Not To Vaccinate | 9/28/2009 | See Source »

...addiction per se, but a symptom of a deeper issue, such as depression or anxiety. But Cash believes the virtual world can be no less addicting than other activities, such as gambling. She describes her first patient who exhibited signs of compulsion: He had come to her in a moment of crisis 15 years ago - having discovered a text-only role-playing computer game that was conceptually similar to Dungeons and Dragons, he had begun dedicating nearly all of his time to the game. He got fired from his job at nearby Microsoft, and his marriage was falling to pieces...

Author: /time Magazine | Title: A New Recovery Center for the Woes of Warcraft | 9/27/2009 | See Source »

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