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...Turning our state into a terrorist penal colony is not how to attract new families and business investment.' PETE HOEKSTRA, Republican Representative from Michigan, opposing President Obama's proposal to transfer Guantánamo Bay detainees to facilities in Michigan or Kansas or put them on trial in U.S. courts...

Author: /time Magazine | Title: Verbatim | 8/17/2009 | See Source »

...rates 57% and forced the state to rely more heavily on income tax revenue. When Californians were wealthy, the tactic generated a surplus, enabling politicians to cut taxes, pad budgets and bask in their popularity. But when times were lean, the state struggled to pay its bills. Governor Pete Wilson encountered this dilemma in 1991, as did Gray Davis in 2003. Now it's Arnold Schwarzenegger's turn to try to wrestle a highly partisan legislature into slashing enough programs to eliminate a towering deficit. Having raised taxes by $12.8 billion in February, the governor balked at a second hike...

Author: /time Magazine | Title: Spotlight: California's Budget Crisis | 7/27/2009 | See Source »

...Debt 1991 Governor Pete Wilson, who inherited a $14 billion deficit, raises taxes by $7 billion...

Author: /time Magazine | Title: Spotlight: California's Budget Crisis | 7/27/2009 | See Source »

...many years, McCourt tried and failed to write about his childhood. The family talent for storytelling kept him alive in the classroom, but he couldn't get the words down on paper. He kept company in bars with writers like Pete Hamill and Jimmy Breslin, but his own voice stubbornly refused to emerge. The psychological weight of his past may have weighed him down. It also took a toll on his personal life; first one, then a second marriage ended in divorce. (He was married a third time, happily and permanently, in 1994.) He left the Catholic Church...

Author: /time Magazine | Title: Frank McCourt, Author of Angela's Ashes, Dies | 7/19/2009 | See Source »

...today's environment, any move that attracts attention might be worth it. "Overall, it seems to be a pretty smart strategy," says Pete Blackshaw, a brand strategist for Nielsen Online. "Doing it on the Web makes a world of sense. They are clearly getting some buzz, there's a novelty effect. At a time when everybody is going to be competing around November to get attention, this is a good opportunity to potentially get in front of the line." Blackshaw, who monitors how brands are perceived in the social-networking sphere, says the Christmas marketing has gotten positive feedback...

Author: /time Magazine | Title: Kmart's Christmas in July: Inspiration or Desperation? | 7/15/2009 | See Source »

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