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...purview of the government - as strange as that may sound coming from an industry that was so tight with an outgoing President who championed private charitable initiative over public handouts. What's left is the irony that for four winters now, hundreds of thousands of Americans have had more reason to thank one of the world's most anti-U.S. leaders than their own President or oil companies...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

...didn't learn that lesson from the run-up in the stock market before the Depression, is there any reason to believe we'll remember it the next time around...

Author: /time Magazine | Title: Q&A: Lessons from the Great Depression | 1/6/2009 | See Source »

...traits for a spymaster, so is some experience with actual spycraft: backlash to Panetta started immediately, with Senate intelligence committee chair Dianne Feinstein noting that she believed "the agency is best-served by having an intelligence professional in charge at this time." The dilemma Obama faced - and perhaps the reason he chose someone from outside the spy community - is that he needs a C.I.A. director untainted by the Bush Administration's policies on torture and its handling of the Iraq War. Panetta is certainly untarred in that respect, but in order to have a chance to manage the country...

Author: /time Magazine | Title: CIA Director: Leon Panetta | 1/6/2009 | See Source »

...fact, probably the most popular reason to propose a resolution appears to be making every day on the national calendar feel extra special. Holidaymaking is an old pastime for legislators. It was the nation's First Congress that kicked off that tradition; in 1789, New Jersey Congressman Elias Boudinot introduced a resolution asking President George Washington to proclaim a national day of giving thanks - which he did, and the holiday stuck. But today's Americans may find some more recent observances to be slightly less universally appealing: Among the red-letter days proclaimed by the past few Congresses are Funeral...

Author: /time Magazine | Title: Congressional Resolutions | 1/6/2009 | See Source »

...question now isn't just what to do with the 3,500 Iranians at Camp Ashraf - it's also who decides their future. Past U.S. ties to the group suggest that the Geneva Convention isn't the only reason Washington might not want to throw the MEK to the wolves just yet. But how deeply is Washington invested? The answer may lie in how Baghdad chooses to deal with the group...

Author: /time Magazine | Title: Iranian Group a Source of Contention in Iraq | 1/5/2009 | See Source »

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