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...defaults in check. Some banks are extending repayment periods and converting credit-card debt into personal loans at slightly lower interest rates so borrowers can remain current. Under pressure from investors and regulators to improve their deteriorating asset quality, banks are also curtailing riskier lending, such as small-ticket personal loans, and making more of an effort to verify creditworthiness...

Author: /time Magazine | Title: The Wages of Consumerism | 10/2/2008 | See Source »

...away, the battle for Colorado is fiercer than the annual Buffaloes vs. Rams college-football showdown. Barack Obama recently passed through on his ninth visit, while John McCain has made 10 stops of his own. Sarah Palin swung through twice in just her first two weeks on the GOP ticket. And Coloradans can't turn on Dancing with the Stars without seeing the campaigns' dueling ads on energy and the economy...

Author: /time Magazine | Title: Can Obama Turn Colorado Blue? | 10/2/2008 | See Source »

...college-educated white women split virtually evenly, 46%-45% for McCain. By contrast, Obama remains weak among white men. That group supports McCain 57%-36% overall, and non-college-educated white men back the Republican ticket by an even greater margin...

Author: /time Magazine | Title: Poll: Obama Makes Gains with Women, Hits New High | 10/1/2008 | See Source »

...from, or eroding, the central McCain message. By comparing Obama to a vacuous Hollywood starlet, McCain found a coherent critique of Obama but relinquished his own ability to rise above the political maw. By choosing Sarah Palin, he lit a grass fire of GOP enthusiasm but risked undermining his ticket's claim of having greater experience and putting "country first." By attacking Obama's "lipstick on a pig" comment, the campaign clearly established itself as willing to engage in frivolous, small-ball distractions, a disposition that served McCain poorly when he pivoted and tried to portray himself as a sober...

Author: /time Magazine | Title: What's Behind McCain's Nosedive | 10/1/2008 | See Source »

...McCain's boldest move was selecting Palin, a governor with scant national experience. For a few weeks, the gambit seemed to pay off handsomely. White women voters overwhelmed campaign events and boosted the ticket's poll numbers. But doubts about Palin's qualifications and competence remained unanswered, and after a series of stumbling television interviews, voters - and even some conservatives - have begun to sour on her. "Everyone was high-fiving each other after they picked her because their goal was to steal Obama's momentum for a week," says a second GOP consultant, who also did not want...

Author: /time Magazine | Title: What's Behind McCain's Nosedive | 10/1/2008 | See Source »

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