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...everyone sees the program as a win-win. Economist David Rosenberg at Toronto investment firm Gluskin Sheff worries that today's sales boost could lead to tomorrow's sales slump. He likens the current cash-for-clunker boost to the 0% financing that automakers introduced in the aftermath of the 9/11 attacks in 2001. As a result of those incentives, motor-vehicle sales perked up and the economy got a nice boost. "But what all these gimmicks do is bring forward consumption - they don't create anything more than a brief spending splurge at the expense of future performance," Rosenberg...

Author: /time Magazine | Title: Automakers Give Rave Reviews to 'Cash for Clunkers' | 8/4/2009 | See Source »

Writing the history of blogs is therefore no easy task. But Scott Rosenberg, a co-founder of Salon.com - an early online-media player - and the author of the new book Say Everything, had the benefit of being around in blogging's earliest days. He talked to TIME about the history of blogs, the impact they've had on society and why they're not done reshaping the way we interact with one another. (See the 25 best blogs...

Author: /time Magazine | Title: The Evolution of Blogging | 7/23/2009 | See Source »

TIME: How difficult was it to chart a history of a massive and diverse thing like blogging? Rosenberg: This is a phenomenon that starts small, then diversifies, then explodes at a certain point. At the small phase, it's not that difficult to shape the story. The first part of the book is really a series of profiles of people - Justin Hall, Dave Winer, Jorn Barger - who were some of the key figures in pioneering blogging. In the middle of the book, my job became picking out the stories that had the most to teach us about what blogging...

Author: /time Magazine | Title: The Evolution of Blogging | 7/23/2009 | See Source »

...outcry over the Rosenberg case has opened doors to reform. Guatemala's congress was compelled to pass a law, long resisted by powerful political and business interests, that allows public scrutiny of judicial appointments. This month lawmakers say they're set to convene at least one special session to act on measures such as concealed-weapons laws and the creation of organized-crime and anticorruption courts. Activists like Alfonso Abril, 24, of the civic group ProReforma, want to revise Guatemala's sclerotic constitution to modernize lawmaking and codify individual rights. "I'm from the upper class," says Abril...

Author: /time Magazine | Title: In Guatemala, Chasing Away the Ghost of Alvarado | 7/20/2009 | See Source »

...also knows Guatemalan politics is still treacherous. More than 50 candidates were assassinated during the general election in 2007, the same year three visiting Salvadoran congressmen were murdered by rogue policemen (who were then mysteriously killed themselves). In his video, Rosenberg says his coffee-baron client Khalil Musa was gunned down along with his daughter in April because Musa knew too much about drug-money-laundering. "Rodrigo wanted to talk about the deadly manipulation of laws and lives here," says his half brother Eduardo Rodas. Guatemala has asked the U.N. and the FBI to investigate his murder. After 500 years...

Author: /time Magazine | Title: In Guatemala, Chasing Away the Ghost of Alvarado | 7/20/2009 | See Source »

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