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ELYRIA, Ohio — It was two years ago this summer—the week ending June 22, 2007—that the first intimations of economic crisis hit Wall Street. That week, rumors, and subsequently figures, began to fly regarding a pair of Bear Stearns hedge funds that were heavily invested in complicated debt products...

Author: By Max J Kornblith | Title: Back Home and Down to Earth | 8/4/2009 | See Source »

...proven to embody the current zeitgeist in liberal democracy: that of spin and the contrived press conference over any substance or long-term vision. Australians, spoiled by boom times that fiscal discipline and staunch leadership had delivered over the course of the previous decade, treated themselves to a new pair of shoes when electing Rudd back in late 2007. Great marketing in the purest sense. As a result of flash-in-the-pan stimulus packages, we are saddled now with terrifying, record debt. Rudd has also been lecturing other countries on how to wrestle with global challenges - and perhaps...

Author: /time Magazine | Title: Inbox | 8/3/2009 | See Source »

...flight to the U.S. one month after mine and, although the training manuals at Langley likely do not recommend it, I spent the better part of my final days in the Islamic Republic debating whether or not to convince my own grandmother to discreetly include a pair of flash drives with her luggage...

Author: /time Magazine | Title: A Reporter's Diary: Making a Tricky Exit From Iran | 8/3/2009 | See Source »

...five boys born to Thornton Boyd, a U.S. Marine, and his wife, Patricia. The pair divorced in 1977. His mother later re-married a Washington lawyer and American Muslim named William Saddler. Though Boyd was raised in the Episcopalian faith, he converted to Islam shortly after graduating from T.C. Williams High School in Alexandria, Virginia...

Author: /time Magazine | Title: Daniel Boyd: A Homegrown Terrorist? | 7/30/2009 | See Source »

Damn you, tall people. They block your view at the movie theater. They're a pain to shop for: Who really wants to drag themselves to the Big & Tall to buy Uncle Lurch a pair of extra-long pants? They're the ones with better chances of becoming pro basketball players, or supermodels...

Author: /time Magazine | Title: Why Tall People Are Happier Than Short People | 7/29/2009 | See Source »

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