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...just saved up $90 for a new bicycle when her wallet disappeared with all her cash in it. She asked her parents if they would buy the bike for her, but they refused. It's not that they couldn't afford to help. Lee's father is vice chairman of a major Hong Kong conglomerate; her family is rich. Lee, now 36 and the managing director of a printing company, remembers crying about the injustice of it all. But today, she recognizes that she gleaned a valuable lesson from the incident: money does not necessarily grow on family trees...

Author: /time Magazine | Title: No Free Rides, Kid | 11/13/2008 | See Source »

Some presidential campaigns begin with a speech. Others start by taking the pulse of party leaders. Sarah Palin's 2012 bid kicked off over a steaming pot of moose chili under TV lights in her Alaska kitchen. The former vice-presidential candidate assured the world she was ready, should God open the door for her so much as a smidgen. "I'll plow through," she promised--as if anyone imagined otherwise...

Author: /time Magazine | Title: The Moment | 11/13/2008 | See Source »

...After McCain’s presidential campaign ended in defeat last week, more incriminating details about his vice-presidential pick emerged. In a moment better suited to “Nailin’ Palin,” the pornographic film she inspired, than to a presidential campaign, Palin reportedly greeted staffers at the Republican convention wearing only a towel. Whether or not this instance fits into a pattern of Palin using her sexuality as a means to an end, it certainly doesn’t demonstrate discretion or self-awareness...

Author: By Claire M. Guehenno | Title: Forgetting Sarah Palin | 11/12/2008 | See Source »

...Nevertheless, with his advancing age, toothy smiles, and acknowledged struggle with hair loss, Berlusconi still will have a counterpart to turn to in Washington: Vice President Joe Biden. They may both have to resort to gaffes to get a piece of the limelight...

Author: /time Magazine | Title: Why Berlusconi Loves a Good Gaffe | 11/11/2008 | See Source »

Stand aside, Joe Biden. The American Vice President-elect may have made a few verbal missteps during the campaign, but the title of Prince of Gaffe belongs unassailably Silvio Berlusconi. Last week's election victory of Barack Obama and his garrulous running mate offered the Italian Prime Minister another chance to prove he is the world leader with the loosest lips. Speaking in Moscow alongside Russian President Dmitry Medvedev, Berlusconi flashed a Cheshire-cat grin as he listed the reasons that Obama would be an effective leader: "He's young, handsome, and even has a good tan." (See pictures...

Author: /time Magazine | Title: Why Berlusconi Loves a Good Gaffe | 11/11/2008 | See Source »

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