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Doherty isn't alone in his newfound passion for preserving. The at-home practice has lately enjoyed a bit of a comeback, spurred by rising prices at the supermarket and the general urge to go green, and it's gained fans especially among young, urban foodies, who are keen to eat organic, locally grown or homemade foods. Jarden Home Brands, which makes the familiar Ball brand of jars for home preserving, says it has seen retail sales rise 28% over last year...

Author: /time Magazine | Title: Canning: In Pursuit of the Perfect Pickle | 10/1/2008 | See Source »

...business done, irrespective of the quality and future profitability of that business, did not help. A variation of Gresham's Law was also at play, with imprudent lending driving out prudent lending. This tends to occur as responsible institutions see their market share fall while those of irresponsible institutions rise, and decide to emulate the reckless practices they previously eschewed. The phenomenon was particularly prevalent in the mortgage market. Central bankers cannot escape censure, either. In his memoirs Alan Greenspan, former chairman of the U.S. Federal Reserve, writes: "I was aware that the loosening of mortgage credit terms for subprime...

Author: /time Magazine | Title: Back to Reality | 10/1/2008 | See Source »

...hunt in a dismal year for Republicans. But the tactics also contained the potential for long-term political costs by distracting from, or eroding, the central McCain message. By comparing Obama to a vacuous Hollywood starlet, McCain found a coherent critique of Obama but relinquished his own ability to rise above the political maw. By choosing Sarah Palin, he lit a grass fire of GOP enthusiasm but risked undermining his ticket's claim of having greater experience and putting "country first." By attacking Obama's "lipstick on a pig" comment, the campaign clearly established itself as willing to engage...

Author: /time Magazine | Title: What's Behind McCain's Nosedive | 10/1/2008 | See Source »

...Despite surveys that show a rise of anti-American sentiment in recent years, many Britons still love America, and the British political classes invest great importance in their country's "special relationship" with the U.S. Still, it's safe to say that the sharp sense of disappointment expressed by Cameron isn't uncommon. "The past eight years have been dominated by the troika of Bush, Rumsfeld and Cheney, who have become increasingly unpopular in Europe," says Brooks Newmark, an American-born Conservative MP. He's an enthusiast for John McCain, who has cultivated close links with British Conservatives and addressed...

Author: /time Magazine | Title: Washington Antics Dismay Britain's Conservatives | 10/1/2008 | See Source »

...passed saggy-pants laws are led by black politicians. "A lot of this is [about] class and the anxiety that this young black population ... is going to stigmatize the black middle class," Rose argues. And, she adds, young people will continue to adopt dress codes that get a rise out of adults and that reflect class alienation...

Author: /time Magazine | Title: A Saggy-Pants Furor in Riviera Beach | 10/1/2008 | See Source »

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