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But here's my assessment: So what? A recession is defined by the Business Cycle Dating Committee of the National Bureau of Economic Research, the semiofficial arbiter of such matters, as a "significant decline in economic activity spread across the economy." It's certainly better for economic activity to be...

Author: /time Magazine | Title: What Comes After the Recession: A Fun Free Recovery | 6/18/2009 | See Source »

The news blindsided official Washington: Senator John Ensign, a well-known social conservative and family-values advocate, admitted on June 16 to an eight-month extramarital affair with a married campaign aide. The Nevada Republican's sober confession, read before a pack of reporters in Las Vegas, doubtlessly dashed the...

Author: /time Magazine | Title: Senator John Ensign: 'I Had an Affair' | 6/18/2009 | See Source »

Last week, concern burst into outrage. When the Justice Department filed a legal brief arguing against gay marriage, the head of Human Rights Campaign - the largest gay-rights group in the U.S. - accused the Administration of failing to recognize the "humanity" of homosexuals. Barney Frank called the White House to...

Author: /time Magazine | Title: On Agenda, Gays Ask, but Obama's Not Telling | 6/18/2009 | See Source »

Others claim the movement could be a Machiavellian conspiracy against certain parties. Pollsters consider that a low turnout would favor the Institutional Revolutionary Party (PRI), which ran Mexico for 71 straight years until 2000 and still has the largest number of card-carrying members. A survey by polling firm Demotecnia...

Author: /time Magazine | Title: Mexico's Election Rebellion: Just Vote No | 6/18/2009 | See Source »

Before the postelection protests, Iranians were no longer thought to be willing to publicly vent their anger because of alienation from politics or fear of repression. Now they're taking to the streets in defiance of Khamenei and his paramilitary forces, setting up a potentially dangerous collision course. Firing on...

Author: /time Magazine | Title: U.S. Still Struggling to Understand Iran | 6/17/2009 | See Source »

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