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...dollar) can actually work in favor of Japanese businesses, making acquisitions more affordable as the market caps of their competitors decline. And banks, even with some financial constraints, are seeing lending increase, with growth of 3.7% in December from a year earlier. Positive news, to be sure, but not quite the stuff of a new bull market...

Author: /time Magazine | Title: Japan's Stock Market Waits on a US Recovery | 1/16/2009 | See Source »

...hanging on the wall. The first time he did this I asked him why. He answered, 'For some reason you can see the picture more clearly in the mirror than you can just looking at it.' Mr. Wyeth stepped aside and I looked into the mirror myself. Sure enough the picture was much brighter and clearer...

Author: /time Magazine | Title: TIME Cover: Andrew Wyeth's World | 1/16/2009 | See Source »

...Massachusetts are trained to deal with life-and-death scenarios; they should have enough initiative and creativity to improvise physical tickets in the short-run and to Wikipedia “ounce,” as anyone can do with an internet connection. Despite enforcement issues, some users are sure to be compliant, which means that the law will be at least partially enforced. Officers must do their best to enforce this democratically-enacted legislation, even if a few marijuana offenders will slip through the law’s loopholes...

Author: By Justine R. Lescroart | Title: Half-Baked Reasons For Opposing Pot Law | 1/16/2009 | See Source »

...masterful job of landing the plane in the river and then making sure that everybody got out. He walked the plane twice after everybody else was off and tried to verify that there was nobody else onboard, and he ... made sure that there was nobody behind him." - New York City Mayor Michael Bloomberg, at a post-crash press conference, lauding Sullenberger's performance...

Author: /time Magazine | Title: Chesley B. Sullenberger III | 1/16/2009 | See Source »

...Congress simply passes cash to the states according to the usual formulas - and it will unless Obama intervenes - America is in for yet another festival of asphalt. There is even talk of waiving the regular cost-sharing requirements for local and state governments, an excellent way to make sure they green-light oinkers they would never pay for themselves. (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: How to Spend a Trillion Dollars | 1/15/2009 | See Source »

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