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...throughout has been that policymakers likely have access to information that is better than the information we have - and that it would be good for them to share that information," he says. "They've been remarkably unforthcoming about the rationale for their interventions." That seems to be a common sentiment. "The one thing they emphasize that we really agree with is they want policymakers to share more data that underlie their decisions," says the Boston Fed's Duygan-Bump. As a new Administration takes office and the process of spending hundreds of billions of dollars to fix the economy continues...

Author: /time Magazine | Title: Is There Really a Credit Crunch? | 12/24/2008 | See Source »

Nationwide, and particularly in Texas, anti-death penalty sentiment has usually been centered on college campuses and within the Catholic Church, Hirschorn says, but is expanding beyond those communities - a trend he sees reflected in his jury questionnaires as well as in nationwide political polls...

Author: /time Magazine | Title: Is Texas Changing Its Mind About the Death Penalty? | 12/23/2008 | See Source »

...Reich's sentiment is shared by many Democrats who believe that the key to a strong economy is a strong middle class, and the key to a strong middle class is union bargaining. They point to heroes of the movement like Walter Reuther, the famed head of the United Auto Workers, who once famously noted that his workers were also Chrysler's best customers. "What studies show is that every time there's been a strong labor movement, there's been a strong middle class," says Janice Fine, a professor at Rutgers University's School of Management and Labor Relations...

Author: /time Magazine | Title: Will Obama Deliver for Organized Labor? | 12/22/2008 | See Source »

...romance of a teenage boy and a lovely young war widow; The Other (1972), a spectral mood piece about nine-year-old twins involved in murder; and Same Time, Next Year (1978), with Alan Alda and Ellen Burstyn as annual adulterers. As his career wore on, and Hollywood jettisoned sentiment and subtlety for sharks and light sabers, Mulligan's aura dimmed. He had outlived the mood he so delicately captured...

Author: /time Magazine | Title: Mockingbird Director Robert Mulligan Dies at 83 | 12/21/2008 | See Source »

...foreign exchange strategy for Japan at Royal Bank of Scotland. "Yen appreciation is also causing the Nikkei [stock index] plunge," he says. And that's affecting the confidence of Japan's businesses. On Monday, figures of the Bank of Japan's tankan survey, a quarterly survey of business sentiment in Japan, fell to a seven-year low. The tankan figure showed the steepest quarter over quarter decline in 34 years. The economy is expected to decline 0.8% for the fiscal year ending in March...

Author: /time Magazine | Title: As Yen Strengthens, Japan Cuts Rates | 12/19/2008 | See Source »

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