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...Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners' monthly payments. But as the drive to make more loan modifications permanent kicks off, there's a weightier question to ask: Can the government's $50 billion foreclosure-prevention initiative deal with the crisis as it now exists...

Author: /time Magazine | Title: Why the Loan-Modification Program Isn't Working | 12/4/2009 | See Source »

...Toyota, which has seen its sales in the U.S. fall 28%, was planning to spend more than $1 billion on advertising, incentives and "incremental" production, starting in the fourth quarter. "You can't save your way through a recession; you've got to sell," Carter told reporters recently. The question now is whether consumers will still want...

Author: /time Magazine | Title: Toyota's Big Recall Unlikely to Quiet Critics | 12/4/2009 | See Source »

...quick pass to the wideout might be to a more studious child. It asks him to strain muscles he has never been encouraged to use. His teachers dismiss him as stupid, illiterate, unteachable; his classmates shy away from him; and the ladies who lunch with Leigh Anne question her sanity. We in the audience are more enlightened, of course, and thank heaven that there's always some member of the Tuohy family around to tell the others off, freeze their superior smiles and turn their smirks to grimaces...

Author: /time Magazine | Title: The Blind Side: What's All the Cheering About? | 12/3/2009 | See Source »

...question the President was expecting. He said he rejected that argument "because if you follow the logic ... then you would never leave. Right? Essentially you'd be signing on to have Afghanistan as a protectorate of the United States indefinitely." And the time limit, he suggested, might give him leverage over Hamid Karzai, the recalcitrant Afghan leader: "In my discussion with President Karzai yesterday," Obama said, "I was able to articulate to him exactly what he's going to need to do over the next two years to be prepared for this transition." (See a video about the soldier...

Author: /time Magazine | Title: Afghanistan: Can Obama Sell America on This War? | 12/3/2009 | See Source »

...Obama's Afghanistan plan succeed without cooperation from Tehran? The question may seem moot, since Iran is hardly in a cooperative mood at the moment. After a vaguely conciliatory flutter in the fall, the government of President Mahmoud Ahmadinejad seems to have returned to its intransigent position on uranium enrichment. Tehran's suspicion of and hostility toward the U.S. has deepened since the course of the turmoil that followed Ahmadinejad's disputed re-election in June...

Author: /time Magazine | Title: Will Iran Help or Hinder Obama in Afghanistan? | 12/3/2009 | See Source »

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