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There was one part of the speech, however, that no green could fault: Obama's call for the creation of a high-speed rail system as a way to generate green jobs, enhance economic productivity and reduce carbon emissions. On Thursday, Jan. 28, the White House announced the awarding of $8 billion in stimulus funding to kick-start high-speed-rail projects and improve service in 13 corridors across the country. Obama and Vice President Joe Biden traveled to Tampa, Fla., to announce the projects, which include the construction of an 84-mile high-speed track from Tampa to Orlando...

Author: /time Magazine | Title: Can High-Speed Rail Succeed in America? | 1/29/2010 | See Source »

...When the White House announced last spring that it would allocate billions of stimulus dollars to high-speed-rail projects, states submitted 45 applications for more than $50 billion in aid. In the end, the Federal Railroad Administration decided to distribute $8 billion in funding to 31 states, with the biggest single grants going to California ($2.3 billion) and Florida ($1.3 billion...

Author: /time Magazine | Title: Can High-Speed Rail Succeed in America? | 1/29/2010 | See Source »

...consumer agency is a formula for gridlock. Meanwhile, in the post-Massachusetts political climate - and with so much industry cash sloshing around in Washington - centrist Democrats seem to fear getting tagged as Obama liberals more than they fear getting tagged as Wall Street water carriers. And the White House would rather see reform blocked by Republican recalcitrance it can exploit at the polls than watch another round of interminable horse-trading that will ultimately be blamed on Obama...

Author: /time Magazine | Title: Can Bashing the Banks Help Obama? | 1/28/2010 | See Source »

...This is not to say the White House wants an issue rather than a bill. It wants both, especially if health care dies and leaves Democrats short on achievements to brag about in 2010. It's simply decided that the most plausible path to a bill is to warn the public that the financial system is still a ticking bomb, and to try to make opposition to strong reform tantamount to support for the terrorists in fancy suits. The problem is that on an issue this complex, with so many contentious provisions and alternative proposals floating around, naysayers are always...

Author: /time Magazine | Title: Can Bashing the Banks Help Obama? | 1/28/2010 | See Source »

Trim waitresses gliding around in starched white pinafores, delicate aromas of freshly brewed Darjeeling and Lapsang Souchong, the genteel tinkle of stainless steel on proper china: Whatever happened to the great British tearoom? With the homogenization of the high street, you could be forgiven for thinking they'd all but disappeared. Look beyond the big-brand coffee chains, however, and you'll find them alive and kicking. Here are some of the best...

Author: /time Magazine | Title: Doing the Cha Cha Cha | 1/28/2010 | See Source »

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