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Washington will keep Detroit open until the government can afford for it to close. That will not happen during this recession. If the car companies can work their camel though the eye of a needle, it may not happen at all. That is to say, long term, "Made In America...

Author: /time Magazine | Title: Will Detroit Need More Bailout Money? | 3/23/2009 | See Source »

A month ago, Harvey knocked Nancy Pelosi because she "rubber-stamped" the stimulus package. He called on Congress to do its job and not "sit on the economic skillet and let the pork sizzle." This was mild stuff compared with a joke Harvey passed along to his listeners in September...

Author: /time Magazine | Title: Paul Harvey: The End of the Story | 3/1/2009 | See Source »

I resent the implication that the U.S. won World War II single-handed. The world is heartily tired of the U.S. thinking and behaving as though the world is in its debt. The greed and Wild West attitude of the U.S. has inflicted the most devastating financial meltdown throughout the...

Author: /time Magazine | Title: A Historic Moment | 2/11/2009 | See Source »

To make matters worse, bushfires fanned by the northwesterly winds raged through tinder dry inland regions. Near the Strzelecki Mountain range, about 62 miles (100km) southeast of Melbourne, arsonists were blamed for starting a fire that burned out more than 15,000 acres and cut a swathe through the tiny...

Author: /time Magazine | Title: Record Heat Wave Hits Australia | 2/2/2009 | See Source »

The Cupola's sway is thought to have faded in importance under the reign of Salvatore (Toto) Riina in the 1980s, when the bloodthirsty boss of bosses wielded a more autocratic hand. The boss board is believed to have rubber-stamped the 1992 assassinations of Falcone and fellow magistrate Paolo...

Author: /time Magazine | Title: Busting the Sicilian Mafia's Board of Directors | 12/16/2008 | See Source »

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