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...self-deprecating humor is familiar to the 4,500 residents of this beautiful, barren 450,000-acre (182 hectare) reservation. Irony is almost unavoidable because the realities of life here are grim. According to school officials, nearly half of all families exist below the poverty line. Unemployment runs as high as 85%. Alcohol and drug abuse are appalling...

Author: /time Magazine | Title: Postcard from Chief Dull Knife College | 10/16/2008 | See Source »

...novel about the tribe's 1878-79 return to Montana after exile in Oklahoma. History classes teach America as experienced by both whites and Native Americans. Part of the curriculum is devoted to Northern Cheyenne culture and its complex language, which is still spoken by a few elders but almost no students. For decades, reservation schools were strictly English-only. The chairman of the Dull Knife board, John Wooden Legs, 60, remembers the punishment for speaking Cheyenne: "I had to kneel on beans for half an hour or stand in a corner with a bar of soap in my mouth...

Author: /time Magazine | Title: Postcard from Chief Dull Knife College | 10/16/2008 | See Source »

...what finally forced Paulson's hand? Pressure mounted from abroad when Ireland, the U.K., France and Germany moved almost sequentially to insure deposits and recapitalize banks--nearly $3 trillion worth. For the Treasury to fail to match that offer would have risked a capital flight by institutional depositors that could have started emptying U.S. banks...

Author: /time Magazine | Title: The Big Bank Bailout: Are You Next? | 10/16/2008 | See Source »

...public face, it was probably that of Lydia Lobsiger, the happy and relieved East Peoria, Ill., widow who in 1934 was the first American to get her little pile of savings back from the feds after a terrifying run on her local Fon du Lac State Bank. Now, almost 75 years later, the FDIC has been busy projecting a newer face, and it belongs to Sheila Bair, a 54-year-old lawyer from Kansas...

Author: /time Magazine | Title: The FDIC's Boss: Sheila Bair, America's Passbook Protector | 10/16/2008 | See Source »

...Almost 200 empty dollhouses are arranged to form a hilly village in a dark room. The village has no geographical coordinates, and no people live there. Its name is simply “Place (Village),” and, as a work of art, it forms the cornerstone of Rachel Whiteread’s eponymous exhibit at the Museum of Fine Arts in Boston, on display from Oct. 15th through Jan. 25th.The dollhouses fit together snugly, forming an eye-pleasing, three-dimensional patchwork of windows, roofs, and lights that gleam from small light bulbs and ceiling fixtures inside the homes...

Author: By Elsa S. Kim, CRIMSON STAFF WRITER | Title: Lights Are On But No One's Home | 10/16/2008 | See Source »

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