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Could the Inland Empire's contagion debilitate L.A. and areas beyond? So far, property experts are still trying to put a positive spin to it. John Karevoll of DataQuick, a company that compiles real estate information, points out that the Los Angeles County foreclosure figure is still well off that region?s previous peak of 11,494 recorded in the third quarter of 1996, during southern California?s last real estate collapse. And he's encouraged that activity at the very high end of the L.A. market hasn?t fallen off, that home prices in the county overall continue...

Author: /time Magazine | Title: California's Real Estate Tailspin | 7/27/2007 | See Source »

...reporting, I encounter an Israeli armored unit wrapping up exercises by loading their battle tanks on tractor-trailers, while leaving their personnel carriers parked by the side of the road, ready to be stolen or sabotaged by anyone who dared. "Mind if we take one for spin?" I called out the departing troops. "We're leaving our guard dog," answered one, barefoot at the time, as he pointed to a harmless-looking stray. "And he's a real beast...

Author: /time Magazine | Title: Between War and Peace, a Certain Tranquility | 7/27/2007 | See Source »

...brakes. Crank the tunes. Spin the rearview mirror ball, and start tripping. Far from Bill and Ted or Harold and Kumar, this is one of the tamer scenes from the latest film by Indonesian director Riri Riza. Three Days to Forever follows two cousins of the opposite sex on a 12-hour road trip from Jakarta to Yogyakarta. Between sharing a bag of weed and, later, a mattress, the protagonists also appear to have managed the extraordinary feat of slipping by the country's infamous censorship body...

Author: /time Magazine | Title: Indonesia's 12 Categories of Kisses | 7/20/2007 | See Source »

...Mesopotamia has been criticized in the past by the operational director of the real al-Qaeda, Ayman al-Zawahiri, for its wanton carnage directed at Muslims. Bush's lie, which assumes a lack of knowledge on the part of the American people, was compounded by an outrageous bit of spin: "We just started [the surge]," the President said. General David Petraeus "got all the troops there a couple of weeks ago." In fact, Operation Fardh al-Qanoon, the military effort to secure Baghdad, has been going on since February...

Author: /time Magazine | Title: Bush's July Surprise for Iraq | 7/12/2007 | See Source »

Kudos for Michael Kinsley's commentary exposing the fallacy of carbon offsets [July 2]. By analogy, he has shown this idea to be another example of spin designed to avoid responsibility for the garbage that is spewed into our environment...

Author: /time Magazine | Title: Inbox: Jul. 23, 2007 | 7/12/2007 | See Source »

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