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...stimulating so rapidly, it was getting out of control, and that speculation, particularly in real estate, was going to be a real problem. But the latest data suggests just the opposite. While the bears are talking bubble, the new numbers show that industrial production slowed in the most recent month, and also that the volume of new loans made in July was down pretty dramatically. That's good news. (See pictures of the global financial crisis...

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

...There are many who may want to do so. The opposition to so-called Obamacare has been quite active in Montana, which lies along the route of a 12-state, $1 million bus tour organized by Americans for Prosperity, a GOP-linked conservative group. Its Patients First project last month ran a $1.3 million TV-ad campaign slamming national medical-insurance-reform efforts. The side of the Patients First bus bears a big red hand and letters blaring: "Hands off my health care." "We're organizing people against these proposals because they're bad for America," said Patients First local...

Author: /time Magazine | Title: Obama Heads for a Montana Showdown | 8/13/2009 | See Source »

...issue that may dog Specter is health care. In two town-hall meetings this month, he has been confronted by angry constituents who claim the current proposal in Congress tramples on their constitutional rights. At a particularly turbulent meeting in Lebanon, Pa., on Tuesday, one man yelled that "One day God is going to judge you and the rest of your damn cronies on the Hill." But it's not clear that voter anger over health-care reform will help the challenger either - Sestak is himself an outspoken backer of President Obama's efforts to reform the health-care system...

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

...Immigration is a hot-button issue for British voters, with the recession fueling fears that Brits are losing already scarce jobs to foreigners. In a Home Office poll released in February, 64% of respondents said they were dissatisfied with the government's immigration policies. That same month, the government responded to the economic downturn by toughening the points system for getting a visa into the country. Now it argues that a second, more difficult test to decide who can stay would give it an additional mechanism to respond to the needs of the U.K.'s workforce. (Read "Immigration...

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

Scheungraber denies the allegations that he ordered the killings, saying he was rebuilding a nearby bridge at the time. But at the end of an 11-month trial, the court handed down a life sentence, convicting him of 10 counts of murder and one of attempted murder. "This was about revenge," said Judge Manfred Goetzl, adding that Scheungraber was the only officer present at the time of the killings. "He wasn't someone who allowed an important matter to be taken out of his hands...

Author: /time Magazine | Title: Ex-Officer Gets Life for Nazi War Crimes | 8/12/2009 | See Source »

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