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...classic Keynesian stimulus, and the whole purpose of that is to increase demand in the economy. Instead of a self-feeding spiral downward?I get laid off and can't pay my mortgage, so the bank fires you, and you don't buy a new TV, and so on???we get a self-feeding spiral upward: I take my government check and buy that new TV, Best Buy has the money to hire you as a salesman, you then buy a house and take out a mortgage, and so on. If the government puts $145 billion into the economy with...

Author: /time Magazine | Title: Hair of the Dog | 1/24/2008 | See Source »

...influence he had on??the sound of the 1950s and '60s earned him the nickname "the father of rock 'n' roll," but Ike Turner was more infamous as the abusive husband of his raspy-voiced wife Tina Turner. Still, Ike was the mastermind of the duo's seminal, sex-soaked Ike and Tina Turner Revue. Ike first got the attention of record VIPs with his muscular, thrashing guitar on Rocket 88, his 1951 album with Jackie Brenston. Then, after a teenage Tina grabbed the mike at one of his shows, he changed course; for nearly two decades, the pair upturned...

Author: /time Magazine | Title: Milestones | 12/13/2007 | See Source »

...Luiz Inácio Lula da Silva, Argentina's Néstor Kirchner and Chile's Michelle Bachelet, even if Chávez affects to disdain their moderate, market-oriented socialism. Sunday's humbling results will make Chávez a less swaggering figure on the hemispheric scene, yet a little humility on??his part may make his neighbors more receptive to his initiatives. Latin America--and the rest of the world--has not heard the last...

Author: /time Magazine | Title: Venezuela Votes | 12/6/2007 | See Source »

Perhaps while the writers are on??strike, one of the TV networks could air a new reality show called So You Think You Can Write? The show could feature aspiring writers competing to come up with the winning script, which would then be used as the basis for an actual network series. Who knows, the show might produce scripts that are better than those currently used by the networks...

Author: /time Magazine | Title: Inbox | 11/29/2007 | See Source »

Thanks to Stein for the mostly fair piece on??Paul. While you may get a deluge of criticism from other Paul fans, Stein's job is to report the story as he sees it and not provide pro-Paul propaganda. Regarding the possibility of Paul's getting the nomination: yes, it is a long shot. But then, I bet that six months ago, Stein didn't expect he would be writing a piece about an obstetrician Congressman from Texas...

Author: /time Magazine | Title: Inbox | 11/15/2007 | See Source »

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