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...last summer. But the company's crippling $2.4 billion debt load led to a $135 million loss last year. Six Flags was $141 million in the red for the first quarter of '09, and this spring the swine-flu outbreak forced Six Flags to close its Mexico park for eight days. In June, Six Flags finally filed for Chapter...

Author: /time Magazine | Title: Why Is Six Flags Targeting Kids with a Creepy Old Guy? | 7/24/2009 | See Source »

Others are veteran members of the so-called Blue Dog Coalition, which consists of Democrats from less-than-liberal districts. Seven of the eight Blue Dogs on the crucial House Energy and Commerce Committee have threatened to block health-care legislation unless it puts a lid on costs. Resistance strengthened after the head of the nonpartisan Congressional Budget Office testified that the current House proposal would push costs up, not down, and would add some $240 billion to the federal deficit by 2019. That, in turn, has some Senators pushing back against the White House's early-August goal...

Author: /time Magazine | Title: Why the Blue Dogs Are Slowing Health-Care Reform | 7/24/2009 | See Source »

...been a deficit hawk since joining Congress in 1998. Moore and his fellow Blue Dogs tried to win the Bush Administration's support for a budget-balancing proposal they called pay-as-you-go. "President Bush and the Republicans in Congress refused to support us," Moore says. "And in eight years of the Bush Administration, our debt went up $5 trillion...

Author: /time Magazine | Title: Why the Blue Dogs Are Slowing Health-Care Reform | 7/24/2009 | See Source »

Hours before they were to leave office after eight troubled years, George W. Bush and Richard B. Cheney had one final and painful piece of business to conclude. For over a month Cheney had been pleading, cajoling, even pestering Bush to pardon the Vice President's former chief of staff, I. Lewis (Scooter) Libby. Libby had been convicted nearly two years earlier of obstructing an investigation into the leak of a covert CIA officer's identity by senior White House officials. The Libby pardon, aides reported, had become something of a crusade for Cheney, who seemed prepared to push...

Author: /time Magazine | Title: Inside Bush and Cheney's Final Days | 7/24/2009 | See Source »

...compounded by the possibility that Asia's central bankers will begin taking steps to shut off the money spigots and bring the party to an end. On July 29, rumors that Beijing was on the verge of tightening credit sent Shanghai stocks plunging 5%, their biggest decline in eight months...

Author: /time Magazine | Title: Asia's Easy-Money Policies: Fueling New Bubbles? | 7/23/2009 | See Source »

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