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Granted, no one has ever mistaken sports programming for 60 Minutes. But sportscasters still owe us an honest minute or two to dissect the golf story of the year, if not the decade. Especially when the story is exploding, and you are stuck with the somewhat sad irony of the Woods saga's unfolding during the same week as his charity tournament. (See the top 10 scandals...

Author: /time Magazine | Title: Tiger Gets Mulligan from the TV Networks | 12/10/2009 | See Source »

Another is the changing behavior of people who owe more on their mortgage than their house is worth. According to a recent analysis by the credit bureau Experian and the consultancy Oliver Wyman, nearly 600,000 borrowers might have intentionally defaulted on their mortgages in 2008, twice as many as the year before. The social norm that in previous eras would have prevented people from simply walking away from their homes seems to be eroding - but HAMP puts a low priority on reducing the overall amount a person owes. In fact, among permanent modifications, the average loan amount as compared...

Author: /time Magazine | Title: Why the Loan-Modification Program Isn't Working | 12/4/2009 | See Source »

...cadets, you volunteered for service during this time of danger. Some of you have fought in Afghanistan. Many will deploy there. As your Commander in Chief, I owe you a mission that is clearly defined and worthy of your service. That is why, after the Afghan voting was completed, I insisted on a thorough review of our strategy. Let me be clear: there has never been an option before me that called for troop deployments before 2010, so there has been no delay or denial of resources necessary for the conduct of the war. Instead, the review has allowed...

Author: /time Magazine | Title: Full Transcript of Obama's Speech | 12/1/2009 | See Source »

...teach him how to play sports even if we survived the TiVo accident. As we discussed the Wu kids' hobbies, college funds and cute clothes, Cassandra looked at me and said, "I want to be raised by the Wus." And the truth is, after taking all those babies, we owe the Chinese at least...

Author: /time Magazine | Title: Who Will Inherit Joel Stein's Kid? | 11/30/2009 | See Source »

...palm-tree plantations are destroying Borneo's habitats. The proboscis-monkey population has dropped between 50% and 80% in the last three generations and now stands at about 7,000 across the island. Junaidi Payne, the chief technical officer of the WWF's Borneo Malaysia Program, says that we owe a moral responsibility to the animals. "The human species has come to a sorry, wretched and unsustainable state," he declares, "if the main reason to do or not do something is based on money and economic expansion." Which makes the proboscis monkey a creature of amusement, and of grave concern...

Author: /time Magazine | Title: Monkey Business in Borneo's Rain Forests | 11/26/2009 | See Source »

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