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Appetite for Self-Destruction: The Spectacular Crash of the Record Industry in the Digital Age Steve Knopper Free Pressr; 301 pages...

Author: /time Magazine | Title: The Music Biz: Murder or Suicide? | 1/22/2009 | See Source »

...only formerly flush - now flagging - industry out there (hello automobiles, journalism, finance, retail, publishing, etc.), but it might be the most stubbornly responsible for its own demise. As Steve Knopper writes in Appetite for Self-Destruction, his chronicle of the music business' downfall, it's not as if record labels hadn't seen this sort of thing before. In the early 80's, the industry. hurting from the collapse of disco, was saved by the advent of compact discs, which prompted fans everywhere to repurchase crisp, digital copies of albums they already owned on tape or vinyl. Record labels notched...

Author: /time Magazine | Title: The Music Biz: Murder or Suicide? | 1/22/2009 | See Source »

...record suggests there are some things a President can do to boost his long-term value. Of all his predecessors, Bush may have the most to learn from Herbert Hoover, the one to whom, given the current Great Recession, he is increasingly compared. Bush may not be popular, but there aren't crowds calling for him to be hanged or accusing him of raiding Fort Knox before fleeing the country. Hoover left office in an even deeper hole than Bush does, but he had the great advantage of a strong constitution. He lived another 31 years, during which time...

Author: /time Magazine | Title: Is There a Second Act for George W. Bush? | 1/21/2009 | See Source »

...move to power, Obama has shown the world - and the people living in Sarah Palin's small-town America, and even many liberals who had lost hope over time - a new, gloriously unexpected and vibrant face of our country. The sheer fun of the Inauguration, the world-record number of interracial hugs and kisses, augurs a new heterodox cultural energy, a nation - as the man said - of mutts. Already the Obama ethos is slipping into the nation's cultural bloodstream - not just the interraciality but also the mind-blowing normality of the family: the fact that Michelle Obama brought Laura...

Author: /time Magazine | Title: Obama Promises New Destiny, Work Begins Today | 1/21/2009 | See Source »

...Finance Committee today for his confirmation hearings, he will be interrogated about his plans to deal with the flailing economy, failing banks and rising foreclosures. But the most disconcerting questions Geithner is likely to face may have to do not with the current financial maelstrom but with his track record with the Internal Revenue Service - an agency he would oversee as Treasury Secretary...

Author: /time Magazine | Title: Tax Tips for Timothy Geithner | 1/21/2009 | See Source »

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