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...That's a typically Johnsonian exaggeration. The Prime Minister has gained international kudos from his quick action to recapitalize British banks, which was copied around the world. But Labour is trailing the Conservatives in the polls and opposition to the third runway may further undermine support for the government. For the villagers of Sipson, a Labour defeat at elections due by spring 2010 could yet save their homes since construction work isn't due to begin for at least five years. Still, nobody is banking on that outcome. Sheila Taylor, a pensioner who moved there in the 1930s, finds...

Author: /time Magazine | Title: Heathrow's Expansion: A New Kind of Blitz in England | 1/17/2009 | See Source »

...Kennedy encountered in trying to reverse the slumping economy in 1963. At the time, Kennedy "said to the Congress, You pass it, I'll sign it," Oberstar recalled on a recent morning in his Capitol Hill office. The only problem was, the infrastructure system wasn't set up for quick infusions of cash. The City of Grand Rapids, Minn., for example, asked for a modern water-treatment facility. "We said, 'Fine, we'll give you a grant.' It took them two years to get the thing under way," Oberstar says with a chuckle...

Author: /time Magazine | Title: Congress's Point Man on Infrastructure Spending | 1/16/2009 | See Source »

...Lowdown: This extensive, yearlong study can be essentially summarized thusly: don't be overly reliant on technology to keep your kids safe from technology. There's no one quick answer - age verification, filtering, etc. - that will keep children from harm. And with few exceptions (exceptions that are usually latched on to and tarted up by the media), the perils children face online are no greater those they face in the real world every day. The song remains the same, moms and dads - it's your responsibility to make sure your kids aren't getting into something they can't handle...

Author: /time Magazine | Title: The Internet: Safe for Kids? | 1/15/2009 | See Source »

...this case, the landing and quick response of rescuers appear to have worked in the favor of survivors. Says Weiner: "It seemed like the plane was really in control as it came into the river. It was almost as if the river was like the runway. It was approaching it like it was a runway until it hit the water, and then you didn't know what to expect. Thank God it stayed in one piece and just slid along its belly." At a press conference soon after the incident, New York City Mayor Michael Bloomberg said that the plane...

Author: /time Magazine | Title: Plane in the Water: How Flight 1549 Averted Tragedy | 1/15/2009 | See Source »

That will require more than speedy spending. It will require a quick overhaul of Washington's spending priorities and spending processes. In other words, speedy reform...

Author: /time Magazine | Title: How to Spend a Trillion Dollars | 1/15/2009 | See Source »

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