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...were a white collar Delphi retiree, I'd be over the moon with rage. Ditto if I'd been a steelworker in Pennsylvania whose health care and pension were eviscerated when Bethlehem Steel failed. If I worked at one of the 106 nongiant banks that the government has allowed to fail this year, throwing thousands of people out of work, I'd be furious at the government for saving the big insolvent outfits but not mine...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

When the duo chatted with President Obama at the White House in July over peanuts and pretzels—the so-called "Beer Summit"—Gates reportedly had a mug of Sam Adams Light while Crowley had a Blue Moon with slice of orange. (Obama had a Bud Light while Vice President Biden stuck with a nonalcoholic Buckler...

Author: By Peter F. Zhu | Title: The story that doesn't go away | 10/29/2009 | See Source »

...prototype of a new rocket system to take passengers beyond Earth orbit. Ares I is part of a family of new rockets in NASA's Constellation program, which was propelled by former President George W. Bush's 2005 space initiative to go to Mars or back to the moon. Ares would be equipped to fill in for the aging space shuttle - which is planned for retirement in 2010, although scheduled shuttle flights are likely to extend into 2011 - on missions to the International Space Station...

Author: /time Magazine | Title: The Ares Liftoff: Learning from Space Shuttle Mistakes | 10/28/2009 | See Source »

...model, which went into retirement in the 1970s having never lost a capsule crew in flight. (The program did have its disasters, though: the Apollo 1 crew perished in a launch-pad fire and Apollo 13 suffered an oxygen-tank explosion and power failure on its way to the moon.) Shaped like the Apollo capsule but three times larger, the Orion can be reused up to 10 times. The Ares I and V, vertically stacked launch vehicles, make use of reusable solid rocket boosters...

Author: /time Magazine | Title: The Ares Liftoff: Learning from Space Shuttle Mistakes | 10/28/2009 | See Source »

Host countries often construct an itinerary for the torch relay that showcases
 points of national pride. On its way to Mexico City in 1968,
 the torch retraced Christopher Columbus' path to the New World; one of its
 pit stops was at the Great Pyramid of the Moon in Teotihuacan, where it was 
incorporated into an Aztec fire ceremony. For the 1988 Olympics in
 Seoul, torchbearers donned traditional Korean clothing to celebrate the
 nation's heritage. Twelve years later, on the way to Sydney, an Aboriginal field
-hockey star kicked off the domestic...

Author: /time Magazine | Title: The Olympic-Torch Relay | 10/26/2009 | See Source »

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