Wednesday, October 1, 2008

TIME Daily News 24/7

Today's Top Stories

A Second Chance (and Thoughts) on the House Bailout Vote

By JAY NEWTON-SMALL/WASHINGTON

After the market meltdown brought home the real cost of inaction, many members of Congress are getting a different message from the public and reconsidering their initial no vote

Why Aren't Americans Buying the Bailout?

By AMANDA RIPLEY

In part, because it's being sold so poorly. Here's how the feds should be talking about the "Consumer Protection Act."

A Shake-Up at the Top of Pakistan's Powerful Spy Agency

By OMAR WARAICH / ISLAMABAD

Was it due to U.S prodding or a way for Kayani to prove that his office remains the most powerful in the troubled country?

The Bailout Bill: A Cow Patty for All of Us

By BILL SAPORITO

Congress thinks it is punishing Wall Street by rejecting the rescue plan. But it may be hurting everyone

My Money Is in Flames

By LISA TAKEUCHI CULLEN

I can't drown out the voice in my head asking: What the hell is going on with my money?

TIME Blogs

Swampland

By Karen Tumulty

As is often the case in situations like these, I'm finding that the lobbyists I talk to have a far keener understanding of the state of play of this financial bailout package than anyone else at the moment.

Special Package

Wall Street's Worst Days

The largest one-day point drops in Dow Jones history

Quotes of the Day

"Let's have no illusions with it. We will not be happy until the very last soldier gets out of my country."
MIKHEIL SAAKASHVILI,
the Georgian President, as the E.U. begins a monitoring mission to oversee the ceasefire in Georgia and the pull-back of Russian troops
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Postcard from...

Cerne Abbas

And What Big Feet You Have...

By Thomas K. Grose

Why many Britons see the giant Cerne Abbas, a.k.a. the 'Rude Man,' as a pillar of national pride

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