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...There’s clearly an attitude that views art as the most expendable “luxury” we own—and therefore the most dispensable during tough times. But because of what art is there to do—express, provide escape, inspire—the truth is actually the exact opposite. Depression is when we need art the most...

Author: By Nathaniel S. Rakich | Title: It's a Free Country! | 8/11/2009 | See Source »

...tough to build bridges across such a chasm of mutual suspicion - and much easier to exploit it. Wilders has long played on fears of the enemy within. Only 5% of the Dutch population - around 850,000 people - is Muslim. But Dutch Muslim communities are highly visible, being concentrated in urban areas, and their birthrates outstrip those of the wider community. "Islam wants to dominate every part of life and society," says Wilders. "It does not want to integrate or assimilate...

Author: /time Magazine | Title: The March to the Far Right | 8/10/2009 | See Source »

...there's another reason why support for the FN has fallen. President Nicolas Sarkozy has cut the ground from underneath the far right by taking a tough stance on issues such as integration and immigration, while presiding over the most ethnically diverse Cabinet that France has ever seen. Sarkozy set an annual target for deportations of illegal immigrants; last month he criticized the burqa as "a sign of subservience" that he said is not welcome in France. That has helped him reclaim turf that the FN has long monopolized. "He speaks unapologetically of battling illegal immigration ... He talks about national...

Author: /time Magazine | Title: The March to the Far Right | 8/10/2009 | See Source »

After 35 years in the mortgage industry, Tom Birch took a job as a housing counselor at Boise's Neighborhood Housing Services this past winter. He spends his days meeting with people who can no longer afford their mortgage payments. It has been tough going. More than most, Birch appreciates that mortgage companies were not prepared to handle the number of cases they have seen. He also understands, again probably more than most, that foreclosure is, in certain circumstances, the right outcome...

Author: /time Magazine | Title: How the Housing Market Is Fighting Its Way Back | 8/10/2009 | See Source »

Fair enough. Certainly, at the government-supported firms where Feinberg will determine pay, the case for intervention is open and shut. They're taxpayer-supported entities, after all. Feinberg does face tough decisions, such as what to do about Andrew J. Hall, head of the moneymaking Phibro energy-trading unit of money-hemorrhaging Citigroup, whose performance-based contract could net him about $100 million this year. One can extrapolate from Feinberg's past performance, though, that the veteran mediator will come up with a decent compromise - that is, one that leaves everyone unhappy...

Author: /time Magazine | Title: Should Executive Pay Be Regulated? | 8/10/2009 | See Source »

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