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...getting philosophical about torture. American Idol is trying to be nicer to its bad singers. Even Clint Eastwood's hit Gran Torino--in which a racist retiree snarls at Asian gang bangers to "get off my lawn" as he protects a young Hmong neighbor--is ultimately not the reactionary return of Dirty Harry but the 20th century grouchily giving way to the 21st...

Author: /time Magazine | Title: Pop Goes Washington | 1/21/2009 | See Source »

...9/11. The song evolved over the Bush years; it began as a eulogy, then was used as a campaign song by both John Kerry and Obama. Now it played as if America was looking back to the early days after 9/11 and asking for a do-over, to return to the moment before that communal spirit curdled into acrimony...

Author: /time Magazine | Title: Pop Goes Washington | 1/21/2009 | See Source »

...advance system, whereby a publisher pays an author a nonreturnable up-front fee for a book. If the book doesn't "earn out," in the industry parlance, the publisher simply eats the cost. Another example: publishers sell books to bookstores on a consignment system, which means the stores can return unsold books to publishers for a full refund. Publishers suck up the shipping costs both ways, plus the expense of printing and then pulping the merchandise. "They print way more than they know they can sell, to kind of create a buzz, and then they end up taking half those...

Author: /time Magazine | Title: Books Gone Wild: The Digital Age Reshapes Literature | 1/21/2009 | See Source »

...both American and European carmakers face plummeting sales and an industry in flux, the storied Turin automaker is set to return to Detroit for a new, though less fixed, marriage. Fiat and Chrysler announced a nonbinding deal Tuesday to create a partnership that will give the Italian automaker a 35% stake in the smallest of the badly strapped American Big Three. The joint announcement stipulated that Fiat's commitment to its struggling partner would be solely an equity interest and that "the alliance does not contemplate that Fiat would make a cash investment in Chrysler or commit to funding Chrysler...

Author: /time Magazine | Title: Fiat to Take 35% Stake in Chrysler | 1/20/2009 | See Source »

...those values upon which our success depends - hard work and honesty, courage and fair play, tolerance and curiosity, loyalty and patriotism - these things are old. These things are true. They have been the quiet force of progress throughout our history. What is demanded then is a return to these truths. What is required of us now is a new era of responsibility - a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world, duties that we do not grudgingly accept but rather seize gladly, firm in the knowledge that there is nothing...

Author: /time Magazine | Title: Obama's Inaugural Address: The Full Text | 1/20/2009 | See Source »

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