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Vengeance is mine, saith the Lord, except that right now everyone wants a little piece of it. The mob has been chanting for months, ever since former Treasury Secretary Henry Paulson arrived in late September on Capitol Hill to warn of disaster, pass around his three-page plan and demand...

Author: /time Magazine | Title: In Defense of the Recession Blame Game | 2/12/2009 | See Source »

The modern civilized state claims a monopoly on punishment. Mobs with pitchforks, vigilantism, frontier justice - all seem sweaty and coarse compared with the men in powdered wigs duly processing the law. But as this crisis makes clear, we are in a new frontier now, in financial badlands created by technology...

Author: /time Magazine | Title: In Defense of the Recession Blame Game | 2/12/2009 | See Source »

So direct, in fact, that until recently, Representatives weren't even allowed to use sites like Twitter. But last summer, Representative John Culberson, a Texas Republican who not only posts Tweets but video-blogs on Twitter, helped organize a petition to allow members broader access to social-networking sites. Culberson...

Author: /time Magazine | Title: Congress's New Love Affair with Twitter | 2/11/2009 | See Source »

Corporate managers in Asia have always treated their staff with a touch of paternalism. Companies were not meant to be simply places of work, but big, happy families. In parts of north Asia, especially Japan and South Korea, employees spent more time with their coworkers, either at their desks slaving...

Author: /time Magazine | Title: Asian Corps, Govs Scramble to Save Jobs | 2/11/2009 | See Source »

Whoever Peres picks to form a new government - and it will probably be Netanyahu - that person will have 42 days to glue together a coalition. Most likely, the bartering will drag on for weeks, with outgoing Prime Minister Ehud Olmert staying on as caretaker, probably until early April. Before the...

Author: /time Magazine | Title: Israel's Election Dashes Hopes for Peace | 2/11/2009 | See Source »

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