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...perversion of post-Cold War thinking, the $1 trillion push to build and fly the F-35 isn't driven by huge fleets of hot new warplanes being built by - well, new perpetual bogeyman China or former perpetual bogeyman Russia. Rather, the haste is being driven by Pentagon concerns over looming shortages of F-16 and F-18 jet fighters. And what's causing those shortages? Gates made it clear that the current planes must be retired in order to save money so the military can pay for the F-35. "The Air Force, in order to be able...

Author: /time Magazine | Title: The Costly F-35: The Saga of America's Next Fighter Jet | 3/25/2010 | See Source »

...earlier version of this story incorrectly stated that reporter Kate Zernike referred to a speaker at a political conference as "a racist" on a New York Times blog. In actuality, Zernike wrote that the speaker employed "racial stereotypes...

Author: /time Magazine | Title: Citizen Breitbart: The Web's New Right-Wing Impresario | 3/25/2010 | See Source »

While the nation was preoccupied waging two wars, the F-35 was lurking in the background, devouring dollars like there was no tomorrow. New data suggest that the program - the most costly in Pentagon history after the even more expensive F-22 fighter, which Gates killed - has been out of control. "Affordability," declared an internal Pentagon report critical of the F-35, "is no longer embraced as a core pillar." A too-ambitious design lashed to a too-ambitious schedule has driven up costs so fast and so high that even the Pentagon - long practiced at ignoring such mismanagement - couldn...

Author: /time Magazine | Title: The Costly F-35: The Saga of America's Next Fighter Jet | 3/25/2010 | See Source »

...More laid-back vacationers also have plenty of options, including a new infinity pool parked in front of the casual Pool Grille, which specializes in fresh octopus and parrot-fish seviche. There's also the palapa-dotted Jumby Bay Beach - brilliant white sand, turquoise water teeming with crimson-colored starfish and a cabana bar that makes a mean piña colada...

Author: /time Magazine | Title: Escape to Jumby Bay | 3/25/2010 | See Source »

...hectare island of Jumby Bay is a welcome anomaly for the Caribbean, because unlike its overdeveloped neighbors it has nary a cruise ship in sight - and just one resort. Thanks to a $28 million facelift, that all-inclusive hideaway, known as the Jumby Bay Resort, has reopened with 28 new ocean-side suites featuring 5.5-meter vaulted ceilings and outdoor tubs, two restaurants, a cooking school helmed by Le Cirque - trained chef Juan Pablo Loza and an open-air spa that overlooks the surf...

Author: /time Magazine | Title: Escape to Jumby Bay | 3/25/2010 | See Source »

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