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Furthermore, Europe is criticized for being too preoccupied with itself. True, several years of public debate over the Lisbon Treaty might be interpreted as institutional navel-gazing. But have a broader look at the facts: over the last 15 years, the E.U. has taken on board 15 new members, doubling its size without compromising on its strict accession criteria. This required massive transfers of wealth and a high degree of solidarity...

Author: /time Magazine | Title: Europe Speaks Back | 3/29/2010 | See Source »

...often been said that history is written by the victors. This was never more true than on March 12, when the Texas board of education voted 10-5 in favor of curriculum standards that would promote conservative takes on controversial issues in the pages of the state's textbooks. The changes, expected to win final approval in May, include an increased emphasis on and sympathetic treatment of such Republican touchstones as the National Rifle Association and the Moral Majority. They also tout the superiority of capitalism and the role of Christianity in the nation's founding. Even Thomas Jefferson...

Author: /time Magazine | Title: Brief History: The Textbook Wars | 3/29/2010 | See Source »

...another bank. Now that our debt has been paid and the liens on our house have been lifted, we can focus on making a living as a team, enjoying our family and paying off our looming legal bills. I recently came upon a Benjamin Franklin quote that rings true: "He that goes a-borrowing goes a-sorrowing." Just make sure that if you do borrow, you know what's at stake...

Author: /time Magazine | Title: Should You Sign a Personal Loan Guarantee? | 3/29/2010 | See Source »

...might take even longer for true strength to be evident in the housing market. "Recent estimates suggest that it would take about 33 months to clear all troubled mortgages at the current pace of liquidations," wrote Merrill Lynch analyst Michael Hanson in a recent note. Alex Barron, founder and senior research analyst at Housing Research Center LLC, has similar worries: "We need to be concerned about the homes that are significantly underwater but haven't yet defaulted," he says. "It may take another two, three or four years before we're well on our way towards a real recovery...

Author: /time Magazine | Title: Get Ready for a Painful 'Hockey Stick' Housing Recovery | 3/26/2010 | See Source »

...Breitbart, the dismissive reviews are a form of flattery. To speak ill of people in the new media is to do them a favor, generating hits on their sites, which drives revenue. Furthermore, Breitbart is a true believer. "I'm Upton Sinclair 2.0," he says, "except instead of attacking rotten meatpacking houses, I'm attacking the rotten political establishment and the mainstream media that discourage dissent in this country." As for the charge that his sites pay too much attention to the prurient side of issues, he responds, "I like decadent. I like rambunctious. I like mirth...

Author: /time Magazine | Title: Citizen Breitbart: The Web's New Right-Wing Impresario | 3/25/2010 | See Source »

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