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...Tuesday, the fourth day of Israel's offensive and a day of patchy clouds, Israeli warplanes continued to pound Gaza, destroying buildings allegedly linked to Hamas. In one incident, witnessed by this reporter from a hilltop overlooking the northeast corner of the Israel-Gaza border, an Israeli F-16 dropped a half-ton bomb on what appeared to be half a dozen rocket launchers. Even as the heavy woomph of the bomb hitting the ground reached us, about three miles away, one of the rockets blasted skywards, likely triggered by the exploding bomb...

Author: /time Magazine | Title: Attacking Gaza: The Fog — and Rain — of War | 12/30/2008 | See Source »

Israel continued to pound targets in Gaza from the air on Monday even as it made final preparations for a ground assault. The Israeli military offensive began on Dec. 27, after the lapse of a six-month-long de facto cease-fire between Israel and the government of the Palestinian militant group Hamas. Israel says its operation will continue until Hamas stops firing rockets at Israeli towns along the border with Gaza. Hamas wants an end to the economic chokehold Israel has applied to the crowded Mediterranean territory...

Author: /time Magazine | Title: Hamas Military Barely Dented by Israeli Attacks | 12/29/2008 | See Source »

...Apollo 8 did go. On the morning of Saturday, Dec. 21, 1968, the crew blasted off aboard the 36-story, seven-million-pound Saturn V rocket into Earth orbit. Five hours later, the crew fired the Saturn's upper stage engine and Apollo 8 peeled out for the moon...

Author: /time Magazine | Title: Remembering Apollo 8, Man's First Trip to the Moon | 12/24/2008 | See Source »

When temperatures drop, the culture wars heat up. For many, Christmas isn't just a time to count blessings with friends and family, don loud sweaters and pound eggnog - it's a season so vital that defenders of the faith must remain vigilant lest it be desecrated. "Christmas is under attack in such a sustained and strategized manner that there is, no doubt, a war on Christmas," wrote FOX News host John Gibson in his eponymously titled 2005 book, The War on Christmas: How the Liberal Plot to Ban the Sacred Christian Holiday Is Worse than You Thought...

Author: /time Magazine | Title: The War on Christmas | 12/24/2008 | See Source »

Paper-money currencies, like BerkShares or the Lewes or Totnes Pound, slip fairly seamlessly into the national economy; their use is taxed like ordinary money. More abstract exchanges are a bit more complicated to deal with. But the tax concern is not insurmountable. "If you use local currency for your main income-generating activity, you must pay income tax," says Hensch, who consults in complementary currencies. Likewise, if you have a business, you'll pay sales tax on any local currency - in New Zealand, that would be Green Dollars, part of LETS - you bring in. But if you trade...

Author: /time Magazine | Title: Alternative Currencies Grow in Popularity | 12/14/2008 | See Source »

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