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...Although the Postal Service is a government agency, it lost taxpayer funding in 1982, which means that it now has to operate within the black like any private company. Even before last year's financial loss was announced, the Postal Service - knowing that bad tidings were on the way - had scrambled to find $2 billion in savings. In 2008 the agency cut 50 million work hours and phased out many of its 23,000 automated stamp vending machines, which have become expensive to repair and update. Clearly, the savings weren't enough. And 2009 doesn't look much better...

Author: /time Magazine | Title: For the Post Office: Snow, Rain and Now Gloom of Recession | 1/7/2009 | See Source »

...school continues to enhance its worldwide leadership in legal education and scholarship.”NOT A QUESTION OF EXPERIENCEThough Kagan has never appeared before the Supreme Court, several law professors said that they expected her to ease into the new role after spending over five years within what they called one of the most contentious legal environments in the country.“The best oral advocate is someone who can understand what the question is,” said Lawrence Lessig, a Stanford Law School professor who argued a high-profile Internet copyright case before the Supreme Court...

Author: By Elias J. Groll and Athena Y. Jiang, CRIMSON STAFF WRITERSS | Title: Kagan Picked for D.C. Post | 1/7/2009 | See Source »

Today, one of the most visible indications that something is amiss are the "For Sale" signs that have lingered in front of some houses here for months, freezing into lawns now coated with ice-glazed snow. Even some of the most desirable houses that once sold within days by word of mouth aren't moving, like the Tudor-style beauty that has been empty for five months, the longest I can recall in my 17 years living here. The house sold swiftly last summer. But the new owners recently put it back on the market because the sale of their...

Author: /time Magazine | Title: Hard Times: From Wall Street to Elm Street | 1/7/2009 | See Source »

...Israeli military officials insist that the mortars were fired from within the crowded schoolyard and that Hamas is using civilians as human shields. The IDF gave the names of two Hamas combatants it says were killed inside the school - Imad and Hassan Abu Askar - who allegedly fired the mortars. But the IDF did not explain how it was able to identify them among the many casualties. Troops did not visit the school after the attack, nor did the IDF have access to a casualty list from Gaza's hospitals. (See pictures of Israel's deadly assault on Gaza...

Author: /time Magazine | Title: U.N.: No Hamas Fighters in Bombed Gaza School | 1/7/2009 | See Source »

...standoff and get the gas flowing again. Officials from the Czech Republic, which currently holds the presidency of the European Union and was one of the first nations affected by the gas pinch, denounced the Russian move as "absolutely unacceptable" and demanded that the two sides strike "an accord within the week...

Author: /time Magazine | Title: Russia's Gazprom Diplomacy: Turning Off Europe's Heat | 1/7/2009 | See Source »

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