Word: rottenly
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What Went Wrong So here's the big question: Why? Why did so much bad stuff happen in this decade? Was it just rotten luck or something more? Sure, some of it was simply randomness, but I think a strong case can be made that it was more than just chance that got things so bollixed up. (See TIME's special "Out of Work in America...
Serwer is the managing editor of Fortune. To find more of Serwer's insights into the next decade, look for our new TIME book, Starting Over: Why the last decade was so damn rotten and why the next one will surely be better. Available at time.com/startingoverbook...
...Some bloggers have wondered if it isn't simply in the French blood to root for an underdog taking on authority figures. Generations of French children have been enamored with traditional Guignol puppet shows, in which the protagonist, Guignol, fights with a rotten, bumbling policeman. The nation is also obsessed with the comic-book hero Asterix, a puny but cunning Gaul warrior who always gets the best of Julius Caesar's Roman armies despite being overmatched and outnumbered. (Read "Asterix at 50: A French Comic Hero Conquers the World...
There's little disagreement that by picking up the banks' half-a-trillion-dollar repair bill, taxpayers got a rotten deal in the financial meltdown. How to make sure they're not forced to pay a second time is unclear. A levy on financial-market transactions, stretched beyond foreign-currency trades to cover stocks, derivatives and other clever instruments, might offer twin benefits. By slapping an additional fee on each transaction, the tax "would naturally drive [investors] toward those that are more sensible, more profitable, more rational," suggests Julian Jessop, chief international economist at the consultancy Capital Economics in London...
...best vampire movies of all time on Rotten Tomatoes...