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Burris, Sen. Roland •wiretapped efforts of to figure out how to buy Obama's Senate seat from Blagojevich without having it look like it was bought...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 5/29/2009 | See Source »

...Congressman Trent Franks of Arizona was very concerned about anti-missile defense - a gold-plated pipe dream, if there ever was one - and especially a product dramatically called the Kinetic Energy Interceptor. To which Gates replied, in a manner so casually dismissive that Franks seemed to shrivel in his seat, "I would just say that the security of the American people and the efficacy of missile defense are not enhanced by continuing to put money into programs ... that are essentially sinkholes for taxpayer dollars." (See pictures of the U.S. Army Reserve...

Author: /time Magazine | Title: Robert Gates: The Bureaucrat Unbound | 5/28/2009 | See Source »

...voting for Geert Wilders," he said. His PVV party, like other political outliers, is expected to benefit from mainstream voter apathy. The Trotskyite anti-capitalist movement of Olivier Besancenot could muster 10% of France's vote, for instance, and the anti-immigrant British National Party could win its first seat...

Author: /time Magazine | Title: Why So Few Care About the European Parliament Elections | 5/28/2009 | See Source »

...debt for equity, effectively driving the firm into Chapter 11. The century that began with the mass production of the Model T in 1909 and ended with the worst collapse of domestic vehicle demand in history is over. It was a 100-year period when Detroit was considered the seat of global manufacturing prowess, a period when the Big Three were among the largest, and often the most profitable, companies in the world...

Author: /time Magazine | Title: GM Prepares for Bankruptcy | 5/27/2009 | See Source »

...Amid the hundreds of acronyms that make up India's political landscape, the Communists rank among the few recognized "national" political parties of India, along with the Hindu nationalist Bharatiya Janata Party (BJP) and the ruling Congress party. Competing for 130 seats, they only won 20, losing more than half their seats in the 543-seat lower house and suffering particularly costly setbacks in their strongholds of West Bengal and Kerala. In the last government, the Communists and their allies - known collectively as the Left Front - were an influential part of the ruling coalition. Now they have been relegated...

Author: /time Magazine | Title: Why India's Communists Are Losing Ground | 5/25/2009 | See Source »

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