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...there are strong arguments to thwart the doubters. Toxic assets may never be worth close to the government's purchase price. The most serious problem is that taxpayers may never see any return at all on that capital. That case cannot be made about land. Keeping up property owned by the government is employment worth creating because it hastens the time that the property can be viewed as valuable and salable. The federal government plans to rebuild monuments in Washington at an estimated cost of $400 million. This money might be better spent on maintaining real estate bought as part...

Author: /time Magazine | Title: Memo To Congress: "Buy Land, They Ain't Making Any More Of It" | 1/28/2009 | See Source »

...Paul is at least inchoately aware that he has inner resources. Surely he is ordained, by the dictates of movie comedy, to win the girl, take revenge on his detractor, thwart a major crime and become a hero. When Veck, a new security guard (Keir O'Donnell), turns out to be the head of a gang that takes Amy and his daughter (Raini Rodriguez) hostage during a mall robbery, Paul proves his mettle, outwitting Veck and overcoming the gang lord's parkouring minions...

Author: /time Magazine | Title: Mall Cop and Other Disreputable Pleasures | 1/20/2009 | See Source »

...officer I responded to many, many, many accidents. I was not the first one there. Someone had helped a victim out of the car, out of the traffic lane, administered CPR," says Benoit. "I immediately, upon hearing about this case, was extremely concerned that it would in any way thwart people's willingness to give that aid, because in my experience that would translate into lives lost." (Read about California's looming fiscal crisis...

Author: /time Magazine | Title: The Perils of Being a Good Samaritan in California | 1/14/2009 | See Source »

...that Pakistan "will cooperate with India in exposing and apprehending the culprits and masterminds" behind the attacks. But this is not an objective unanimously shared in Islamabad. The terrorists and their patrons clearly wish to derail any moves in the direction of harmony between the two countries, which would thwart their destructive Islamist agenda. They enjoy the sympathy of elements in the military, whose disproportionate share of the country's national budget would be threatened by peace with India. And the country's civilian government dares not cross the red lines drawn by the military for fear of being toppled...

Author: /time Magazine | Title: Opportunity in Crisis | 12/4/2008 | See Source »

...that Pakistan "will cooperate with India in exposing and apprehending the culprits and masterminds" behind the attacks. But this is not an objective unanimously shared in Islamabad. The terrorists and their patrons clearly wish to derail any moves toward harmony between the two countries, as it would thwart their destructive Islamist agenda. They enjoy the sympathy of elements in the military, whose disproportionate share of Pakistan's national budget would be threatened by peace with India. And Islamabad's civilian government dares not cross the red lines drawn by the military for fear of being toppled. Every civilian Pakistani government...

Author: /time Magazine | Title: After the Horror | 12/4/2008 | See Source »

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