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...Minnesota The Eternal Senate-Seat Battle More than 200 days after voters went to the polls, Minnesota has yet to seat its junior U.S. Senator. On June 1, the state's supreme court heard arguments on the intricacies of absentee-ballot rules, which the incumbent candidate, Republican Norm Coleman, contends were inconsistently applied and would therefore invalidate a lower-court ruling that Democrat Al Franken won the race by a margin of just 312 votes. The court is expected to rule on the issue within weeks. Franken's admission to the Senate would give Democrats a 60-vote majority, which...

Author: /time Magazine | Title: The World | 6/15/2009 | See Source »

...dependent U.S. households remaining income-short, overly indebted and savings-deficient, subdued consumption growth is likely for years. This is because the U.S. consumption share of real GDP, which hit a record 72.4% in the first quarter of 2009, needs, at a minimum, to return to its pre-bubble norm of 67%. That spells a sharp downshift in real consumption growth from the nearly 4% average pace of 1995 to 2007 to around 1.5% over the next three to five years. There will be years when the consumer falls short of that pace. The contraction of more than 1.5% over...

Author: /time Magazine | Title: Kidding Ourselves About an Asian Recovery | 6/8/2009 | See Source »

...Coleman, Norm •imminent surrender...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 6/5/2009 | See Source »

...promise that he wouldn't try to appeal to the highest court in the land. "The only caveat would be if the U.S. Supreme Court ordered cert and issued a stay in a certificate, which I find highly implausible - it would enrage the Senate and appear blatantly political," says Norm Ornstein, a scholar at the conservative American Enterprise Institute. Everything about the Franken-Coleman battle, of course, is blatantly political, but under this scenario, the U.S. Supreme Court would have to overcome its preference for staying out of state disputes and take up the case in its current session...

Author: /time Magazine | Title: Franken vs. Coleman: The Final Round — Maybe | 6/2/2009 | See Source »

...decision, a move that would likely provoke a GOP filibuster. Reid thus far has taken a wait-and-see approach, though his patience is wearing thin. "The time for do-overs is over," says Jim Manley, a Reid senior adviser. "Now is the time - now more than ever - for Norm Coleman and Washington Republicans to stop once and for all their ongoing effort to block President Obama's agenda...

Author: /time Magazine | Title: Franken vs. Coleman: The Final Round — Maybe | 6/2/2009 | See Source »

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