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...Iowa caucuses but also because so few want to offend the farm lobby, the most powerful force behind biofuels on Capitol Hill. Ethanol isn't about just Iowa or even the Midwest anymore. Plants are under construction in New York, Georgia, Oregon and Texas, and the ethanol boom's effect on prices has helped lift farm incomes to record levels nationwide...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

John McCain has manfully admitted that he doesn't know much about economics. Typically, this comment has been analyzed in terms of its effect on the campaign, not in terms of what it might mean to have a President who doesn't know much about economics. It has become an occasion for the popular Washington game Who Will His/Her Advisers Be? In a speech on March 25, McCain declared that he "will not play election-year politics with the housing crisis" but "will evaluate everything in terms of whether it might be harmful or helpful." He promised to "not allow...

Author: /time Magazine | Title: Dumb Money | 3/27/2008 | See Source »

...pollution is pretty bad over there. I think it could really have an effect unless they clean it up. You could cut it with a knife...

Author: /time Magazine | Title: 10 Questions for Joe Torre | 3/27/2008 | See Source »

...Texas to retry Medellin anyway - since the ICJ ruling came before the U.S. backed away from the treaty. In essence it was a double power grab: Bush wanted the right to unilaterally leave a treaty - and still order state courts to comply with obligations while the treaty was in effect. The move was supported by, among others, David Addington, Dick Cheney's chief of staff, a proponent of expanded presidential powers...

Author: /time Magazine | Title: How Bush's Treaty Power Grab Failed | 3/27/2008 | See Source »

...what's next for the American invaders? Might the MLB be contemplating a Japan division to field teams against its National League and American League in the U.S.? The rumors to that effect exist because the Yomiuri Shimbun, the huge newspaper that also owns its own baseball team, was a major sponsor of the Boston-Oakland series and was responsible for the timing of the games to coincide with the local leagues' opening week - which the NPB found so obnoxious. Could Japan be further drawn into the American baseball empire? Well, maybe not. Says Masaki Nagino, planning director...

Author: /time Magazine | Title: Baseball in Japan: Not All Cheers | 3/27/2008 | See Source »

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