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...American oil companies—who have some of the most advanced petroleum extraction technologies in the world—could easily increase Iranian oil output to its pre-revolutionary output. Reviving the Iranian oil industry to this standard could bring the country nearly $7.5 billion monthly, a massive sum for a country whose annual GDP is around $760 billion...

Author: By Matthew H. Ghazarian | Title: It’s Diplomacy, Stupid! | 1/28/2009 | See Source »

...adopt a grade-deflation policy, including quotas for A's. To skeptics like Gibson, grades should be guides to help students see where they can improve, not rubber stamps to confirm a smart kid's hunch that he or she is smart or gold stars on a résumé. "Grades don't only exist to be reported to college-admissions officers," he says. Gibson also rejects the Fairgrade argument that adjusting the standards would improve the dropout rate among those at risk of failing. "I don't think it helps any student to say, 'Well, we're going...

Author: /time Magazine | Title: Virginia Parents Fight for Easier Grading Standards | 1/28/2009 | See Source »

...states need help, and the federal government means to provide it: A sum of $79 billion in state fiscal relief will be provided to prevent cutbacks to key services...

Author: /time Magazine | Title: A Guide to Reading the America Recovery and Reinvestment Bill | 1/22/2009 | See Source »

Daniel Suarez, a software consultant in Los Angeles, sent his techno-thriller Daemon to 48 literary agents. No go. So he self-published instead. Bit by bit, bloggers got behind Daemon. Eventually Penguin noticed and bought it and a sequel for a sum in the high six figures. "I really see a future in doing that," Suarez says, "where agencies would monitor the performance of self-published books, in a sort of Darwinian selection process, and see what bubbles to the surface. I think of it as crowd-sourcing the manuscript-submission process...

Author: /time Magazine | Title: Books Gone Wild: The Digital Age Reshapes Literature | 1/21/2009 | See Source »

Time and again these men and women struggled and sacrificed and worked till their hands were raw so that we might live a better life. They saw America as bigger than the sum of our individual ambitions; greater than all the differences of birth or wealth or faction...

Author: /time Magazine | Title: Obama's Inaugural Address: The Full Text | 1/20/2009 | See Source »

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