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...country and the world that he was as serious about preventing waste as he was about promoting growth. Only a lean federal budget would restore consumer confidence, keep congressional spending hawks in line and reassure wary foreigners so they would keep lending America the money it needs to climb out of this deep, dark hole...

Author: /time Magazine | Title: After the Stimulus, Can Obama Tame the Deficit? | 2/19/2009 | See Source »

...think it's all over, then we're dumbfounded," said Republican House Leader Tom Cross. "I almost thought we had hit rock bottom with the last two governors, almost like an alcoholic or some other addict hits bottom before gathering himself together to get better, get some discipline and climb out of it. Maybe, hopefully, we've hit it now." After the last couple of days, no one in Illinois is willing to call the political bottom...

Author: /time Magazine | Title: Will Burris Be the Next to Fall in the Blago Scandal? | 2/18/2009 | See Source »

...proudest moments are watching those he trained climb the military hierarchy themselves. "I can think of several soldiers who went on to become command sergeants major who were privates when I was either their squad leader or their drill sergeant," Mellinger says. But such memories also trigger his lone regret. "I wish I were as smart as I thought I was when I was moving into those duty positions...

Author: /time Magazine | Title: America's Last Draftee: "I'm a Relic" | 2/7/2009 | See Source »

...they play off of him and play through him. And that for us is an area that we’re very much concerned with.” In the midst of a three-game losing streak, this weekend offers the Crimson a chance to right the ship and climb back up in the Ivy League standings.“They’ve handled the attention and notoriety and all the glitz and glamour that came their way because of a strong performance a little bit ago,” Amaker said. “They?...

Author: By Timothy J. Walsh, CRIMSON STAFF WRITER | Title: Harvard Looks for Ivy Turnaround at Home | 2/5/2009 | See Source »

...mortgage default rates, especially among subprime mortgage holders, began to climb at an unprecedented rate. Many home loans had been given to people without even a credit check or income verification. The mortgages often carried very low interest rates in their first three years which reset to much higher numbers after that period. Homeowners found their monthly mortgage payments spiking up and, in many cases, they could no longer afford to make these payments as employment fell across the economy...

Author: /time Magazine | Title: Finding the Man Who Started the Global Recession | 2/2/2009 | See Source »

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