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Congress is fighting with both the administration that is leaving and the one that is coming about what should happen to the $350 billion left in the TARP. Most legislators do not seem to be happy about how Treasury Secretary Henry Paulson spent the first $350 billion. Too much of it got invested in banks and car companies. Not enough went to help mortgage holders...

Author: /time Magazine | Title: Bank Of America and The Incredible Disappearing TARP | 1/15/2009 | See Source »

...seem to have good relationships with all your past girlfriends. How do you do that? Nancy Lee, BOSTON...

Author: /time Magazine | Title: 10 Questions for Hugh Hefner | 1/15/2009 | See Source »

...dealing with each alter. The problem is that the show is too determined to play up its oddity, down to having Tara change costume with every transformation, which actually detracts from Collette's amazing character shifts--she adopts a new personality just by changing expression--and makes Tara seem like a Tracey Ullman special. Tara has the potential to be a great comedy about identity, but it needs to be less self-conscious about its strangeness...

Author: /time Magazine | Title: TV's New Beginnings | 1/15/2009 | See Source »

China is facing the most threatening economic crisis in decades, and its leaders have every reason to be afraid. As factories close, profits plunge and worker protests become more frequent, the country's huge foreign-exchange reserves and three-decade-long record of growth suddenly seem less like a guarantee against turbulence and more like barely adequate insurance...

Author: /time Magazine | Title: The Aborted Revolution | 1/14/2009 | See Source »

...While media wars are par for the course when Israel and the Palestinians clash, this time they seem to be following the traditional media's migration to the Internet. The Israeli military spokesman's office has its own YouTube channel (it has recorded more than 1.5 million views), while Hamas is trying to counter with a website displaying its videos and images. Bloggers have joked that this is the first war to be covered by Twitter - the Israeli Foreign Ministry has in fact been conducting public debates on the social-messaging service - while hackers have been infiltrating Israeli websites...

Author: /time Magazine | Title: Fighting the Media War in Gaza | 1/14/2009 | See Source »

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