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...fanciful Obama O's and Cap'n McCain's cereal boxes and sold $30,000 worth as collector's items, which kept them going. With their guerrilla lodging site and their cereal boxes, they got on CNN, on many local newscasts and in the New York Times and the Wall Street Journal. And their site grew - enough to garner $20,000 from Y Combinator, the venture firm. (See pictures of the best Obama Inaugural merchandise...

Author: /time Magazine | Title: The New Internet Start-Up Boom: Get Rich Slow | 4/9/2009 | See Source »

Over the past 20 years of excess, millions of American families have lived prudently and within their means, even as incomes stagnated and good job opportunities vanished. Most of us know what is good for America; we used to live there before the Washington--Wall Street axis of greed wrecked it for so many of us. By declaring that "there is plenty of blame to go around," TIME has now joined Washington in excusing the government's negligence and creating the crisis. Ray Damani, SPARTANBURG...

Author: /time Magazine | Title: Inbox | 4/9/2009 | See Source »

Travis Chamberlain, 30, shares this sincerity. I met him halfway through the protest march, where Columbia Boulevard starts to sag toward the Columbia River. Tall and broad-shouldered, he was leaning against a stone wall, filming the protesters - for Mayo, he said - with a small Taiwanese Aiptek HD camera. After the marchers passed, Chamberlain lit a Marlboro Light and climbed up the embankment to where his wife Kristy, 30, and friend Heather Douglas, 28, were drinking Starbucks coffee drinks near two homemade signs they had hung for the occasion: "Our Country, Our Jobs" and "We Welcome Legal Immigrants...

Author: /time Magazine | Title: Despite Backlash, Illegal Immigrants Stay Put | 4/9/2009 | See Source »

Over drinks at El Tapatio, a half-empty restaurant near the highway, Margarito, his wife and uncle talked about the financial crisis - how Wall Street had binged on mortgages while Washington looked the other way. The parallels to immigration were pointed: during the boom years, the U.S. binged on cheap labor while politicians neither legalized workers nor prevented them from sneaking across the border. It was a grossly laissez-faire policy that has left everyone - Americans and immigrants alike - with a postboom hangover...

Author: /time Magazine | Title: Despite Backlash, Illegal Immigrants Stay Put | 4/9/2009 | See Source »

...face of Economy.com - an economic-forecasting company that he started with his brother Karl and a third partner in 1990 and sold to Moody's in 2005 for $27 million - Zandi has the job of predicting the economic future and explaining the tumultuous present to clients that range from Wall Street investors and sovereign wealth funds to staffers from the Commerce and Treasury departments. He's the recession's ascendant wonk and most improbable celebrity, as likely to pop up in the newspaper or on television as behind Nancy Pelosi during a press conference - sort of a post-housing-bubble...

Author: /time Magazine | Title: Economist Mark Zandi: The Recession's Hot Wonk | 4/9/2009 | See Source »

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