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...built-in bias toward believing that what was true yesterday will be true tomorrow. Establishment news outlets grow cozy and comfortable with other establishments. One reason some journalists insufficiently questioned the run-up to the Iraq war and underestimated the housing bubble was that they listened to their usual, credentialed sources - and the history of the past decade is the history of the experts being wrong. (See TIME's photo-essay "A Photographer's Personal Journey Through...

Author: /time Magazine | Title: Polarized News? The Media's Moderate Bias | 11/4/2009 | See Source »

...high, it is willfully more immense than the Parisian Arc de Triomphe on which it has been modeled. Around its base, the scene was almost as it was two years ago. The 10-lane boulevard cutting through and swooping around the monument was all but devoid of cars, as usual. But the shiny Toyota Land Cruisers that occasionally raced by: When did they arrive...

Author: /time Magazine | Title: Vacationing in Lovely... North Korea? | 11/4/2009 | See Source »

Welcome to America's 2009 off-off year elections, in which partisans and analysts hope to turn the usual dictum on its head: today, they'll try to convince you, all politics is national. Much will be made of the results, whatever they are - likely too much, in fact. But as the first sign of Democratic and Republican electoral strength since Barack Obama was elected one year ago, the results bear watching...

Author: /time Magazine | Title: The Three Races to Watch on Election Day | 11/3/2009 | See Source »

...executives get paid than to how much. That has disappointed some critics. Feinberg ended up boosting many of the executives' base salaries from last year's, though not as much as the firms requested. Total compensation dropped, but to most people, it will look like Wall Street pay as usual. Eight of the 12 highest-paid executives at Bank of America will get more than $5 million for their work in 2009. At Citigroup, 14 execs will get at least that much...

Author: /time Magazine | Title: Wall Street, Meet Ken Feinberg, the Pay Czar | 11/2/2009 | See Source »

...fans of Hollywood crime films and TV cop shows--the prostitutes and lowlifes, shocking violence and moral compromises faced by cops who patrol the urban jungle. But Huff's vivid, intricately layered script--a mix of straight narration, interlaced commentary and re-created scenes--lifts it far above the usual clichés, both detaching us from the melodrama and imbuing it with the force of tragedy...

Author: /time Magazine | Title: Chicago Takes Center Stage in New York | 11/2/2009 | See Source »

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