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...44th President of the U.S., the fashion world has been feverishly wagering on who will create her Inaugural wardrobe. Odds favor Chicago-based designer Maria Pinto, 51, an Obama favorite, and Thakoon Panichgul, 34, a Thai-born designer whose name went viral when Michelle wore his red floral-print dress on the final night of the Democratic National Convention. Other possible contenders include Jason Wu, Narciso Rodriguez and Isabel Toledo. Some insiders venture that Obama might even play the low-key populist card and wear J. Crew, a brand she supposedly likes to buy online. (See pictures of Michelle Obama...

Author: /time Magazine | Title: America's Next Top Model | 1/15/2009 | See Source »

...pillbox hat and fur-collared cloth coat in 1961 has the focus on a First Lady's style been so intense. Before and since, every First Lady has had her signature look that has influenced the way some women dress--from Nancy Reagan's penchant for electric red to Barbara Bush's triple strand of fake pearls. But Obama brings unique stature to the post. Both professionally and physically--at 5 ft. 11 in. (1.8 m), she is nearly as tall as Barack--she stands not behind her husband but shoulder-to-shoulder with...

Author: /time Magazine | Title: America's Next Top Model | 1/15/2009 | See Source »

...tail remained visible. A few passengers bobbed to the surface; some clung numbly to pieces of debris while others screamed desperately for help. Scattered across the ice were pieces of green upholstery, twisted chunks of metal, luggage, a tennis racquet, a child's shoe. On the bridge, a red flatbed truck with a 20-ft. crane was knocked on its side; the arm of the crane swung over the water. Two of the cars were flattened like tin cans; a brown Ford held the body of a man who had been decapitated when the roof was sheared...

Author: /time Magazine | Title: Archive: Plane Crashes Into Potomac River | 1/15/2009 | See Source »

...outcome. But I could not provide a satisfying answer to her question for me: why was I still a child, and when would I become an adult? Picture this: two young women, one Tanzanian and one American, both dressed in Maasai traditional clothing (something resembling five layers of red blankets and an exorbitant amount of beaded jewelry), both talking about the same process, but one with a sense of ultimate pride and the other with a mix of apprehension and confusion. I had studied and discussed female circumcision before my time in Tanzania. I had debated what to call it?...

Author: By Megan A. Shutzer, CRIMSON STAFF WRITER | Title: Coming of Age in Ngare Sero | 1/15/2009 | See Source »

...partly because we paid $450 billion in interest last year, rivaling what we spent on Medicare, and partly because our liabilities could crush us if foreign investors sour on Treasury bonds. That's why Obama's advisers want to focus on temporary initiatives that won't drown us in red ink by creating long-term obligations, which they call tails. It would be nice to give cash-strapped transit agencies enough money to reduce fares for a year, but what happens when the year is over? Similarly, some liberals have proposed temporary increases in Social Security benefits, but that kind...

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

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