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...taxpayers may never see any return at all on that capital. That case cannot be made about land. Keeping up property owned by the government is employment worth creating because it hastens the time that the property can be viewed as valuable and salable. The federal government plans to rebuild monuments in Washington at an estimated cost of $400 million. This money might be better spent on maintaining real estate bought as part of the stimulus package. A home may eventually be sold at a profit. The Jefferson Memorial will never be sold...

Author: /time Magazine | Title: Memo To Congress: "Buy Land, They Ain't Making Any More Of It" | 1/28/2009 | See Source »

...quietly backing some candidates who maintain an association with the movement. Rumored to be undergoing religious studies in Iran, al-Sadr has stayed out of view and said little about the elections. "Our main goal is to increase the numbers of independents and technocrats so they will be busy rebuilding the country, not their party's political agenda," says Sheik Salah al-Obeidi, al-Sadr's chief spokesman. "Our strategy is to fight against corruption and to rebuild...

Author: /time Magazine | Title: As Iraqi Elections Loom, al-Sadr's Political Clout Fades | 1/26/2009 | See Source »

...drop of Palestinian blood is more valuable than the treasures of the world.' KING ABDULLAH OF SAUDI ARABIA, on donating $1 billion to rebuild Gaza...

Author: /time Magazine | Title: Verbatim | 1/21/2009 | See Source »

These days, House Transportation and Infrastructure chairman Oberstar is flacking a Rebuild America plan that pays new respect to transit, but it still puts highways first; you can't expect too much reform from a guy who's served as a staffer or member of Capitol Hill's prime pork committee since 1963, a guy who earmarked a $3 million highway in the last transportation bill to relieve the notorious congestion between County Road 565 in Hoyt Lakes, Minn., and the intersection of Highways 21 and 70 in Babbitt. Meanwhile, states like Alabama, Kansas and Texas have been releasing lists...

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

...trades those goals for size and speed, he'll blow a unique chance to chart a new direction. He doesn't need to beg Congress to spend; that's like begging Cookie Monster to eat. He needs to take a stand: No money without reform. That won't just rebuild consumer confidence; it will rebuild citizen confidence too. As the shoe guy said, at a time like this, self-esteem is critical...

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

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