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Obama's vow to move "swiftly and boldly" is a sign that the incoming Administration is not waiting until the Inauguration to plot a new economic course. Nor, from the sound of it, does it seem like Obama feels he has the luxury of waiting. "We are facing an economic...

Author: /time Magazine | Title: Obama Steps Up to the Plate on the Economy | 11/24/2008 | See Source »

Greece grants political asylum to only a tiny proportion of illegal immigrants - another source of concern for refugee advocates and human-rights groups. Last year fewer than 1% of those who applied received asylee status, far below the rate in Germany (18%), Italy (11%) or even Spain (4%). Giorgos Karagiannis...

Author: /time Magazine | Title: Greece's Immigrant Odyssey | 11/20/2008 | See Source »

Republicans are counting on the natural tides of politics to lift their numbers in Congress in 2010. The Democrats may overreach, or their supporters may get complacent. But to get back in the driver's seat, to become relevant again, Republicans will have to devise an agenda that speaks to...

Author: /time Magazine | Title: After the Election, Rebooting the Right | 11/20/2008 | See Source »

The opening words of your lead article on Obama's victory are astonishing [Nov. 17]. Last week a conservative columnist in the British press complained that many commentators were comparing Obama with Jesus Christ, and I thought he was exaggerating. But then I read in TIME: "Some princes are born...

Author: /time Magazine | Title: America and Change | 11/17/2008 | See Source »

Little wonder many investors are rushing for the exits. But there were signs of trouble even before the onset of the bear market. Earlier this year, Spectrem Group, a Chicago-based consultancy that tracks the habits of Americans worth between $5 million and $25 million, reported that the wealthy were...

Author: /time Magazine | Title: Pruning Season | 11/13/2008 | See Source »

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