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...think I have a little bit of a problem with the notion of meltdown,” he said. “I think what we have just gone through is a profound, challenging adjustment...

Author: By Victoria L. Venegas, CONTRIBUTING WRITER | Title: Panel Discusses Financial Crisis | 3/25/2010 | See Source »

...perhaps it is the strategic thinking underlying U.S. military spending that is the problem. Under current plans, the U.S. military will have 1,000 more warplanes than any other nation by 2020, as Gates himself told the House panel. When it comes to the most modern category of fighters, in 10 years the U.S. is expected to have 20 times more than the Chinese, and 15 times more than the Russians. And that doesn't include the punch provided by the Pentagon's fast-growing fleet of armed drones...

Author: /time Magazine | Title: The Costly F-35: The Saga of America's Next Fighter Jet | 3/25/2010 | See Source »

...with golden sand and crystal waters. Weh Island, a short ferry ride away, ranks among the region's best dive spots. While skimpy swimwear is definitely out, alcohol is sold - discreetly - to non-Muslim guests at a few beach resorts and Banda Aceh hotels. A bigger problem, admits one tourism official, is the cannabis that grows in abundance in Aceh's hills and unerringly finds its way to beaches where foreign surfers congregate...

Author: /time Magazine | Title: Keeping the Faith in Banda Aceh | 3/25/2010 | See Source »

...herein lay the problem of most scholarships. A grant and scholarship exists to provide an education using a fixed amount of money. An education is an investment and so is a high school graduate. If we take a high school graduate, the money we put into his education, and the school he attends all as investment vehicles, then scholarships should be turned into college savings plans that pump an initial volume of funds into a portfolio that is guaranteed to bring a positive return...

Author: By Patrick Jean Baptiste | Title: Investing in the Future | 3/24/2010 | See Source »

...profound question for Republicans is whether they continue on the path of intransigence or decide to participate in the government. Intransigence has its pleasures. In the hermetically sealed tornado of right-wing bloviation, the wildest claims have come to seem the most marketable. This was a problem on the left for a long time. When Congressman Randy Neugebauer of Texas screamed "Baby killer!" on the House floor, the epithet resonated - the protesters who screamed those same words at U.S. troops in the 1960s sent the American pendulum swinging back toward conservatism and crippled the Democratic Party for several generations...

Author: /time Magazine | Title: Can Obama Keep Delivering on His Promise | 3/24/2010 | See Source »

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