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...tight enough to read Braille through the back pocket. It's the whole feckless, zipless, helpless vibe that has settled across the land, from the factories of Motor City to the gas lines of Charlotte, from the boardrooms of New York to the subdivisions of California. What's that word again? Oh, yes: malaise...

Author: /time Magazine | Title: The Moment | 10/2/2008 | See Source »

...should be given another chance to prove themselves. In February 2008 the company submitted a $1.3 billion plan calling for production of 10,000 bbl. a day of gas condensate to begin in six years. But Irwin rejected the proposal in April, saying he did not "trust" ExxonMobil's word after years of false starts, and pulled the leases. The state wants other producers to bid for the development rights, a plan unlikely to occur for years because of court challenges. Dan Dickinson, tax chief under Murkowski, claims that the Point Thompson decision may have scored p.r. points for Palin...

Author: /time Magazine | Title: Palin's Pipeline to Nowhere? | 10/2/2008 | See Source »

...that made young nations strong. Banks were like gyms for the soul: the first savings banks in Boston and New York were organized as charities, where "humble journeymen" could exercise good judgment, store their money and not be tempted to waste it on drink. Architect Louis Sullivan carved the word THRIFT over the door of his "jewel box" bank nearly a century ago, for it was private virtue that made public prosperity possible...

Author: /time Magazine | Title: Real Patriots Don't Spend | 10/2/2008 | See Source »

...word with regard to the situation I’m sure is on all of our minds: We have to turn over the money. I know that’s a bitter pill to swallow, but there’s nothing we can do about it now. The deed is done and we’re up a creek without this move...

Author: By James M. Larkin | Title: On Swashbuckling | 10/2/2008 | See Source »

...other leading House Republicans have had no time to lick their wounds. With the Senate passing a newer version of the financial stabilization bill Wednesday night - bailout is all but a banned word on Capitol Hill now - the uncomfortable spotlight is once again focused on Boehner's ability to deliver enough Republicans. The sweeteners added to the basic plan - including an extension of popular energy and business tax cuts and an increase to $250,000 in the amount in individual bank accounts that the FDIC will insure - should help. But if Boehner is once again unable to deliver the necessary...

Author: /time Magazine | Title: The Bailout Spotlight Returns to the House — and John Boehner | 10/2/2008 | See Source »

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