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Since Dwight Eisenhower evicted the South Lawn squirrels tearing up his putting green, every President but Jimmy Carter has been a golfer. John Kennedy was known for low scores and a graceful swing. Ronald Reagan, whose scores were a state secret, putted down the aisle of Air Force One. Bill Clinton established a reputation for fudging his score - cheating, some said - in rounds with campaign donors while chewing an unlit cigar on the tee. George W. Bush played the way his father H.W. did, like a race against time, until the last years in office, when the son banned himself...

Author: /time Magazine | Title: Barack Obama: America's (Not So Great) Golfer-in-Chief | 8/9/2009 | See Source »

...assign a lot of blame for our recent troubles on a lack of interest-rate caps - that is, on the absence of strict usury laws. Why? Almost every state had usury laws in the 1920s, and they were circumvented one by one. Prohibitions against excessive interest started to disappear [South Dakota, for instance, loosened its laws in 1980], and once they did, the credit-card companies recognized a wonderful opportunity. They could charge as much as the market would bear, claiming that they had to charge more for bad credit risks. You can argue that's the democratization of credit...

Author: /time Magazine | Title: How Americans Got into a Credit-Card Mess | 8/8/2009 | See Source »

...Qureshi, told reporters in Islamabad on Friday Aug. 7 that, "According to my intelligence information, the news is correct. We are trying to get on-the-ground verification to be 100% sure. But according to my information, he has been taken out." Local Pakistani media, citing "tribal sources" in South Waziristan, are reporting that Mehsud's funeral prayers had been held and that the Tehrik-e-Taliban Pakistan's shura, or council, was meeting today to choose Mehsud's successor. (See pictures of the battle against the Taliban...

Author: /time Magazine | Title: Is Pakistan's Taliban Chief Dead? | 8/7/2009 | See Source »

...Ayman al-Zawahiri of al-Qaeda (who are still at large) and the Jordanian Abu Musab al-Zarqawi, who was killed while leading the radical insurgency in Iraq. Cagey, dogged and charismatic, Mehsud had a knack for uniting disparate factions around a common cause; he transformed the badlands of South Waziristan into the most important redoubt for the Pakistani Taliban and al-Qaeda. He denied involvement in the assassination of former Pakistani Prime Minister Benazir Bhutto, but he was not unhappy about it: the Pakistani government produced an alleged message from him congratulating the perpetrators: "Fantastic job. Very brave boys...

Author: /time Magazine | Title: Is Pakistan's Taliban Chief Dead? | 8/7/2009 | See Source »

...With a reported 20,000 militants at his command, Mehsud was believed to have been the architect of the 2008 bombing of Islamabad's Marriott Hotel, the mastermind behind a terrorist cell uncovered in Barcelona that same year and the dispatcher of numerous suicide bombers in South Asia. Earlier this year, he threatened a massive terrorist attack on Washington that would "amaze everyone in the world." (Read "Islamabad After the Marriott Bombing: The Baghdad Effect...

Author: /time Magazine | Title: Is Pakistan's Taliban Chief Dead? | 8/7/2009 | See Source »

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