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...perhaps the greatest non sequitur ever foisted upon the American people.” (In a non sequitur of my own, I wish that Krauthammer had been so sensitive to non sequiturs during the Bush administration, when a terrorist attack by Saudi nationals became justification for a war in Iraq.) While Krauthammer is right that “at the very center of our economic near-depression is a credit bubble, a housing collapse and a systemic failure of the banking industry,” he refuses to acknowledge that long-term economic recovery will need to address not only...

Author: By Brittney L. Moraski | Title: Krauthammer’s Non Sequitur | 3/15/2009 | See Source »

...deciding whether to trust GM falls to Zu Guttenberg, who took up his new job just four weeks ago. At 37, he's the youngest economy minister in Germany's post-war history and already he's being hailed as one of the country's most popular politicians. With his slicked-back hair, and boyish good looks, Zu Guttenberg exudes the one thing which most German politicians lack: charisma. Unlike his predecessor Michael Glos, a 64 year-old political veteran who shied away from the cameras, Zu Guttenberg has gone on a major media offensive...

Author: /time Magazine | Title: Should Germany Help Bail Out GM? | 3/14/2009 | See Source »

...marijuana. If he is confirmed as the so-called drug czar, Kerlikowske will take with him experience as police chief of Seattle, where he made it clear that going after people for possessing marijuana was not a priority for his force. (See a story about the grass-roots marijuana war in California...

Author: /time Magazine | Title: Can Marijuana Help Rescue California's Economy? | 3/13/2009 | See Source »

...airwaves on March 9 to try to seize the young President's attention away from health care and education and energy and refocus it back onto the economy. Warning that Obama's agenda has become too sprawling and provocative, Buffett admonished, "Job 1 is to win the war, the economic war. Job 2 is to win the economic war - and Job 3." He added, "You can't expect people to unite behind you if you're trying to jam a whole bunch of things down their throat." The oracle's verdict was quickly endorsed by Jack Welch and Andrew Grove...

Author: /time Magazine | Title: Obama's Reform Agenda: Is He Trying to Do Too Much? | 3/13/2009 | See Source »

...Obama fired back the same day. "I know there are some who believe we can only handle one challenge at a time," he said, invoking Lincoln's launch of the transcontinental railroad in the midst of the Civil War. "We don't have the luxury of choosing between getting our economy moving now and rebuilding it over the long term." The political strategy of the Administration can be summed up in a motto: "Never waste a good crisis," as Secretary of State Hillary Clinton put it. That phrase has been the rallying cry of the Obama team for months...

Author: /time Magazine | Title: Obama's Reform Agenda: Is He Trying to Do Too Much? | 3/13/2009 | See Source »

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