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...Republican Party and its tea-party base is going to trash Obama no matter what he does, and clearly they're not going to worry about making sense. They'll keep accusing the President of pushing big-government health plans at the same time they accuse him of squeezing Medicare, the classic big-government health plan; they'll keep blaming him for the national debt while blocking any curve-bending efforts he makes to rein in the debt. Maybe it wouldn't be such terrible politics for Obama to stake out a position as the voice of fiscal responsibility...

Author: /time Magazine | Title: Health Reform Without Cost-Cutting Isn't Worth It | 8/19/2009 | See Source »

Since June, at least eight entities, including such high-profile names as Apollo Global Management, Colony Capital LLC and Starwood Capital, have filed with the Securities and Exchange Commission to launch initial public offerings of new real estate investment trusts (REITs). The plan is to use proceeds from the IPOs as well as government financing programs to either purchase or originate real estate loans and mortgage-related securities on the cheap. (See pictures of high-end homes that won't sell...

Author: /time Magazine | Title: New REITs Pounce on Distressed Mortgage Assets | 8/18/2009 | See Source »

Also, many private players plan to take advantage of federal financing programs, such as TALF (Term Asset-Backed Securities Loan Facility) and PPIP (Public-Private Investment Program), which will give them low-cost financing when acquiring troubled assets, making their potential returns even frothier. (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: New REITs Pounce on Distressed Mortgage Assets | 8/18/2009 | See Source »

...When Nupedia was created in 2000, the plan was for it to feature expert-written, peer-reviewed content. But it suffered from a major problem: a lack of speed. In its first six months, only two articles made it through the process. To spur better production, Sanger suggested creating a counterpart that anyone could contribute to without editorial review. Wikipedia.com went live on Jan. 15, 2001, and the new model quickly eclipsed its older sibling. By the end of the first year, Wikipedia contained more than 20,000 articles in 18 languages. Since then, the site has grown rapidly, swelling...

Author: /time Magazine | Title: Wikipedia | 8/18/2009 | See Source »

...what if we can't do that? What if it turns out that slashing carbon emissions enough to make a difference - and it seems that means cutting output at least in half by midcentury - is economically and politically impossible? Do we need a Plan B? (See the top 10 green ideas...

Author: /time Magazine | Title: Can Geoengineering Help Slow Global Warming? | 8/18/2009 | See Source »

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