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Highlight Reel:1. An epiphany beneath the huge statue of Christ the Redeemer in Rio de Janeiro: "Suddenly the clouds broke, revealing the giant figure of Jesus Christ above us, with His outstretched arms. The moment was beyond any rational description...I had come thousands of miles to stand here. And here was the Lord. The clouds quickly closed over the statue; then broke and revealed the statue again. How many times this happened I don't remember. I do remember a kind of delirium...I didn't acknowledge faith in these moments at the foot of the statue...

Author: /time Magazine | Title: Anne Rice's Spiritual Confession | 10/8/2008 | See Source »

...better in this respect. However, I wonder why there has been no one from Wall Street or the White House who would apologize to the American people or even to the global community for the horrible financial mess we are now facing - someone who would have the guts to stand up and say, "I am sorry for my mishandling, my misjudgment, my negligence." Wang Zhixue, MONTEREY PARK, CALIF...

Author: /time Magazine | Title: Recession Redux | 10/7/2008 | See Source »

...Randalls supermarket and its in-house Starbucks is open, but with the island water and sewer system still not functioning, portable toilets have been lined up outside. Dozens of moldy, battered refrigerators ripped out of the low-rise seaside condos are corralled on street corners. Stacks of new drywall stand outside. Just two blocks from the beach, a tall wire fence has been erected around the gas pumps and doorway of Luke's Supermarket and Deli, a 50-year island institution where West Enders could sit out front and munch on barbecue and boudin...

Author: /time Magazine | Title: In Storm-Ravaged Galveston, Echoes of New Orleans | 10/6/2008 | See Source »

...Such marginal changes, however, do not change the fact that, as things currently stand, Obama appears poised to win the election, possibly by large margins. Victories in Georgia, Montana and North Dakota would offer McCain little consolation with a President Obama in the White House...

Author: /time Magazine | Title: Can McCain Map Out a Comeback Strategy? | 10/6/2008 | See Source »

...action came just a day after Merkel had joined Sarkozy, Berlusconi and Brown in grumbling about a similar total savings guarantee announced last week by Ireland, which E.U. competition authorities had already pledged to challenge as a competition-distorting measure. But with Germany, Europe's largest economy, reversing its stand and taking that same route Sunday, Austria said it would follow suit - making it the fourth E.U. nation to guarantee private savings, along with Greece. Denmark and Sweden also raised the limits on savings they would guarantee, and by Monday, even British Finance Minister Alistair Darling was giving signals that...

Author: /time Magazine | Title: Europe Scrambles as the Credit Crisis Goes Global | 10/6/2008 | See Source »

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