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...saying, in terms that are hardly subtle, that if its programs to improve the credit markets, the Treasury's plans to help banks and the auto companies, and the Administration's budget and stimulus package works, then the American economy will walk away from the worst recession in memory. It is a preposterous statement which implies that, left alone, the financial health of the country would be in ruins. The sole salvation of the production, housing, and employment sectors of the United States rests in very few hands, all of them in Washington. (See pictures of the global financial crisis...

Author: /time Magazine | Title: The Fed: Things Will Get Better, If Everything Goes As Planned | 4/30/2009 | See Source »

...worst business deals of the past year...

Author: /time Magazine | Title: The Fed: Things Will Get Better, If Everything Goes As Planned | 4/30/2009 | See Source »

...person, then visiting anywhere in the world would be as risky as visiting Mexico." And despite the high number of swine flu cases reported in Mexico - over 2,000, with more than 150 deaths so far - that number may stabilize or fall, suggesting that Mexico "could be over the worst of its problems, whereas other countries have the worst to come...

Author: /time Magazine | Title: To Travel or Not to Travel? A Swine Flu Dilemma | 4/30/2009 | See Source »

Those measures include strengthening surveillance of travelers entering the U.S., examining and testing people who might be exhibiting flu-like symptoms and alerting U.S. citizens in Mexico, where the disease still seems to be at its worst. Meanwhile, other countries have placed far stronger restrictions on travel to Mexico, in an effort to cut off the spread of the disease. Cuba and Argentina have temporarily banned flights to and from Mexico, Japan has stopped giving visas to Mexicans who arrive in the country, and France is putting forward a request to suspend all flights between the European Union and Mexico...

Author: /time Magazine | Title: Why Border Controls Can't Keep Out the Flu Virus | 4/30/2009 | See Source »

President Obama has often talked about the mess he inherited from his predecessor, but on this occasion, the worst imaginings of the Bush Administration served him well. Authorities in Mexico said 150 people are believed to have been killed by swine flu. More than 100 in seven other countries are infected. But it almost doesn't matter that Obama has had no Health and Human Services Secretary to manage the response--or a surgeon general or a head of the CDC or a border-patrol commissioner. The contingency plans were already in place...

Author: /time Magazine | Title: The Moment | 4/30/2009 | See Source »

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