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...understand how the credit crunch is hitting American business - and, in turn, you - look no further than the Dog Shop, a pet-supplies and -grooming store in Washington, D.C. This holiday season, owner Jane Huelle will stock only four varieties of Christmas-cookie dog treats instead of the usual six. That's because a month and a half ago she got a letter from her credit-card company saying her line of credit was being docked by thousands of dollars...

Author: /time Magazine | Title: The Credit Crunch Comes to Main Street | 10/3/2008 | See Source »

...reveals to the reader, after a time, that he is telling this story from beyond the grave. For Roth fans, this will come as no surprise; one of Roth’s most recent novels, “Everyman,” deals explicitly with a character taking stock of his life beginning at his own funeral. In “Indignation,” Roth explores, albeit in a few sentences, the most interesting aspect of Marcus’s story—the idea of the naked consciousness revisiting life after the death of the body, in utter...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: ‘Indignation’ Incites Anger | 10/3/2008 | See Source »

Bill Perkins is one angry taxpayer. He's also a Houston-based venture capitalist who says he made a quick $1.25 million betting on stock market reaction to the government's proposed $700 billion Wall Street bailout. He's using the money to fund a series of full-page cartoons in the New York Times - the fourth runs Oct. 3 - that rail against the bailout and peg President Bush, Henry Paulson and Ben Bernanke as communists. Perkins, 39, talked to TIME about why he's mad and why he's still going to vote for bailout supporter Barack Obama...

Author: /time Magazine | Title: Anti-Bailout Ad Man | 10/3/2008 | See Source »

...18th century, many of the framers of the fledgling United States-the first major modern democracy-also put stock in the idea. Benjamin Franklin, John Adams and Thomas Jefferson were among those who considered term limits an important way to check individual power. In a 1787 letter to James Madison, Jefferson counted "the perpetual eligibility" of elected officials, and especially a chief executive, as one of two key elements of the proposed Constitution that he didn't like (the other being the absence of a Bill of Rights). But while the Articles of Confederation limited delegates to three-year terms...

Author: /time Magazine | Title: Term Limits | 10/3/2008 | See Source »

...completely freeze up if nothing was done. Representatives surely heard the same message directly when they went home to their districts after Monday's debacle, as many of the same constituents who had been so angry about a bailout voiced their frustration at the real hit taken by their stock portfolios, mutual funds...

Author: /time Magazine | Title: What the Bailout-Bill Crisis Has Wrought | 10/3/2008 | See Source »

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