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...Plan Home Star was born last fall. After the recession appeared to hit bottom during the summer, White House officials dodged questions about whether a second stimulus effort would be needed to combat deepening unemployment. But behind the scenes, the call for more job-creating ideas had already gone out to the PERAB. In response, Doerr asked a young San Francisco entrepreneur, Matt Golden, to begin working with a Massachusetts-based energy-efficiency specialist, Stephen Cowell, on a multibillion-dollar plan under which Washington would offer tax breaks for all kinds of consumer purchases and home improvements that reduce energy...

Author: /time Magazine | Title: How Fundraising Helped Shape Obama's Green Agenda | 3/15/2010 | See Source »

...groups and labor unions. Most important, the plan has a presidential seal of approval. "Everybody on the Hill knows that the President is interested in this," explains Steven Nadel, executive director of one of the groups supporting the deal, the American Council for an Energy-Efficient Economy. Both the White House and Doerr say they see nothing improper about a campaign donor with direct industry interests helping draft policy for the White House. "The industry people are there as representatives of their industry," explains White House economist Austan Goolsbee, who advises the PERAB. "They are supposed to come...

Author: /time Magazine | Title: How Fundraising Helped Shape Obama's Green Agenda | 3/15/2010 | See Source »

...retrospective of 50 years of French animation. For those who find that too trifling a diversion, there's In the Attic, touted as a "Soviet-era allegory" by "legendary Czech stop-motion animation master Jiri Barta." No? How about the U.S. premiere of the German Expressionist film Little White Lies, which foreshadows the arrival of fascism through the microcosm of one school...

Author: /time Magazine | Title: Sundance for Squirts | 3/15/2010 | See Source »

...Obama, however, was undeterred by the defeat, and just four years later won the U.S. Senate seat that positioned him for the White House. The congressional race, as it happened, was merely an aberration in a series of professional and political triumphs unmarred by any genuine or lasting setbacks. Even when he ceded a few key primary contests to Hillary Clinton in 2008, Obama was able to swiftly regain the upper hand. To this day, then, the Rush contest stands out as an anomaly in Obama's political life, when a loss seemed to truly threaten his future. (See pictures...

Author: /time Magazine | Title: What a Health Care Loss Would Mean for Obama | 3/15/2010 | See Source »

...Relations between the two powers came under strain again in January after Obama approved a $6.4 billion arms package to Taiwan, the self-ruled island that China considers part of its territory. A month later, Obama met the Dalai Lama at the White House, further angering the Chinese, who consider the exiled Tibetan spiritual leader to be a "splittist" who advocates independence for Tibet. Wen blamed the U.S. for the recent difficulties, specifically citing the Taiwan arms sale and the Dalai Lama meeting. "The responsibility for the serious disruption in U.S.-China ties does not lie with the Chinese side...

Author: /time Magazine | Title: China Takes Aim at the U.S. on Currency Conflict | 3/15/2010 | See Source »

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