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...actually walk the walk. After a year of contraction, U.S. GDP grew 3.5% in the third quarter of this year, but the jobless rate has surged to 10.2%, the highest since 1983. Raising interest rates runs the risk of worsening unemployment. For the same reason, the U.S. cannot withdraw stimulus spending either, even though the U.S. budget deficit has topped a record $1.7 trillion. Last week, mortgage lender Fannie Mae reported $18.9 billion in third-quarter losses and said it needs another $15 billion in taxpayer money to survive...

Author: /time Magazine | Title: Why Some Countries Are Stopping Their Stimulus | 11/9/2009 | See Source »

Teams do have good reason to be cautious. Players from the pro leagues on down to high schools have contracted the virus. And to be fair, the clean-mitts camp has pushed for alternative gestures of good grace like fist-bumping or nodding at foes while saying, "Nice game." (See how not to get the H1N1...

Author: /time Magazine | Title: Swine Flu's Unsportsmanlike Conduct | 11/9/2009 | See Source »

...debate has progressed, the public option has become an ideological flash point, igniting fears on the right that it will be the precursor to a government-run system like Canada's and some European countries'. Which is the same reason that many on the left like the public option so much...

Author: /time Magazine | Title: The Strange Career of the Public Option | 11/9/2009 | See Source »

...study them, however, because sometimes he goes further than simply rubbing shoulders with celebrities. Lately, he has returned to using his country as a plaything for attention. The United States’s increasing role in Colombia, Venezuela’s neighbor, maddens Chavez. He lacks a real reason for his ire, besides an apparent obsession with United States imperialist tendencies he believes still alive and active. So Chavez mobilizes his armed forces, sends 15,000 troops to the border, and turns to his greatest megalomaniacal outlet, his state television and radio show, “Alo, Presidente...

Author: By Alexander R. Konrad | Title: Chavez Can’t Shun the Spotlight | 11/9/2009 | See Source »

CardinalSeansBlog.org Friends of O'Malley's say the cardinal was stunned by the criticism. The 65-year-old O'Malley is temperamentally Burke's opposite, a shy man who dislikes celebrity and shuns politics - a major reason he was appointed to the sensitive post in Boston. With his full beard and preference for wearing the brown robe of a Capuchin friar, the man who goes by "Cardinal Sean" is not easily identified as a Prince of the Church. When O'Malley received his red hat in 2006, he persuaded some friends to go out for a late-night snack...

Author: /time Magazine | Title: Priests Spar Over What It Means to Be Catholic | 11/8/2009 | See Source »

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