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...economic rebound. What's more, the continued loan losses at the banks show that individuals and companies are still having trouble paying their bills and meeting their debt obligations. Lastly, the losses at the banks, at a time when the government is offering significant stimulus to the financial sector, suggest that the firms remain far from fixed...

Author: /time Magazine | Title: Bank Earnings: Economic Woes Persist | 1/20/2010 | See Source »

THOMAS WHITE, professor of ethics at Loyola Marymount University in Los Angeles, on a recent series of behavioral studies that suggest dolphins may be smarter than chimpanzees...

Author: /time Magazine | Title: Verbatim | 1/18/2010 | See Source »

...stands, there is little reason for Democrats to be optimistic about 2010. On Thursday, the widely-respected political handicapper Charlie Cook explained that current polls suggest Republicans will enjoy a net gain of 20-30 House seats this fall. But he added a cautionary note: "It is important to note that while one party has never won all of the competitive races in any given election cycle (currently Republicans would need to win all 50 competitive seats to win 218 seats in the House), the likelihood of one or two dozen potentially competitive Democratic seats entering the danger zone...

Author: /time Magazine | Title: Taking on the Banks: Obama's New Populist Pitch | 1/15/2010 | See Source »

...while Erdogan may appear to be striking out independently of his country's NATO partners, it's notable that his outbursts critical of Israel draw little comment from the U.S. and Europe. That suggests "there is a sense that Erdogan is saying things that someone needs to say to Israel," says a European diplomat speaking on condition of anonymity. Just last month, Erdogan left an upbeat meeting with President Barack Obama, rode to a downtown Washington hotel and gave a speech lambasting Israel for "inhuman" deeds in Gaza. "The timing doesn't suggest someone who is unaware of what...

Author: /time Magazine | Title: Turkey and Israel: The End of the Affair? | 1/15/2010 | See Source »

...exact nature of al-Awlaki's operational role remains in dispute. "There's nothing to suggest that he's sitting down and planning attacks," says Ben Venzke of IntelCenter, a private intelligence contractor. "But his connections to Hasan and Abdulmutallab show that he does more than just make some jihadist literature available online. His role is more important than that." Granted, al-Awlaki lacks combat experience. But Pete Hoekstra, the ranking Republican on the House Intelligence Committee, believes that the cleric has a strong influence on operational issues. "He plays a role in setting a strategic direction for AQAP...

Author: /time Magazine | Title: How Dangerous Is the Cleric Anwar al-Awlaki? | 1/13/2010 | See Source »

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