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...sure, there's no denying the facts. The U.S. is the world's largest debtor nation and only digging itself in deeper. Respect for corporate America is evaporating. Profligacy produced sham economic growth. A disconnect between Washington's global ambitions and its available resources - what British historian Paul Kennedy calls "imperial overstretch" - has undermined national strength...

Author: /time Magazine | Title: American Lament | 10/12/2009 | See Source »

...Asia will also have to come to grips with its inherent lack of coordination by exerting greater control over its fragmented economies, markets and political systems. China's four largest banks, for example, still have over 50,000 branches between them - branches that in many cases function autonomously with respect to deposit-gathering and lending policies. Such a fragmented banking system has long been a major complication for China's central bank and its execution of a coherent monetary policy. Asia's rural-urban dichotomy also creates a natural fragmentation to its social and economic fabric - underscoring ever widening income...

Author: /time Magazine | Title: The Evolution of Asia | 10/12/2009 | See Source »

...family background has long since passed. Even then, the more predominant view had been a jaded one, which held that no matter who is in the White House, America's pro-Israeli policies always stay the same. But expectations were raised after Obama's Cairo speech gave as much respect to Palestinian grievances and aspirations as to the Israeli perspective. Still, the Arab and Muslim worlds are waiting for Obama to deliver on those expectations. And they have been disappointed by the President's backing down from the demand that Israeli halt all settlement activity on territory conquered...

Author: /time Magazine | Title: Cool Reaction in the Mideast to Obama's Nobel Prize | 10/9/2009 | See Source »

...platonic ideal of a TF,” Kaiser said in an e-mail. “He teaches from a place of love and joy,” he said, “not a place of control and discipline. That’s why students respect and admire...

Author: By Nora A. Tufano, CONTRIBUTING WRITER | Title: R. J. Jenkins: He can teach you all about sex, primates, and Jake Gyllenhaal | 10/8/2009 | See Source »

McCain may soon face an even bigger challenge. Former Arizona Congressman J.D. Hayworth, a favorite of conservatives who has been critical of McCain's work on immigration reform, told TIME he is thinking of challenging McCain in next year's GOP Senate primary. "There's a great deal of respect for John as a historical figure," Hayworth said on Oct. 5. "But he's long been at odds with the conservative base of the Republican Party and more recently with Arizonans." Hayworth cites a recent poll that found 61% of Arizona Republicans think McCain has lost touch with his party...

Author: /time Magazine | Title: John McCain: Can He Mend Fences with the Right? | 10/8/2009 | See Source »

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