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...them from the West, began flocking to the formerly working-class-dominated neighborhood. Unlike Stefanel-Stoffel, he's not shocked by the recent outbreak of vandalism - despite the fact that only a few weeks ago, a car was set alight right outside his window. "It's nothing in comparison to what happened in the mid-'90s," Bernsee says, referring to a wave of similar incidents at that time. Bernsee remembers a night when a gang of masked leftists stormed his neighborhood - erecting blockades, throwing Molotov cocktails and torching cars and the local supermarket...

Author: /time Magazine | Title: In Berlin, a Gentrifying Neighborhood Under Siege | 2/25/2009 | See Source »

President Barack Obama often induces comparison to Abraham Lincoln. However, his recent announcement of a budget schedule that slices the deficit by one-half aligns him with a less celebrated commander-in-chief: Herbert Hoover. Hoover, the man whose infamous attempt to balance the budget in the face of skyrocketing unemployment and a deepening recession pushed the American economy over the edge into the Great Depression, is hardly a good example for our new president. Obama’s plans will not necessarily launch our economy into a depression. He is attempting to slash the deficit, not eliminate...

Author: By Malcolm-wiley T. Floyd | Title: DISSENT: Obama, Hoover, Maynard Keynes? | 2/23/2009 | See Source »

...trio has struggled to put the puck in the net.In the line’s first nine games playing together, it mustered just eight points—three of which came last Saturday against Colgate, when Buesser and McDonald assisted on Wilson’s third-period game-winner.In comparison, Vaillancourt alone recorded 22 points in that same stretch.It wasn’t that the trio wasn’t creating opportunities. It was simply a matter of finishing them.That all changed Friday night, when the second line combined for six points to send Harvard past St. Lawrence and into first...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: NOTEBOOK: Seniors Go Out in Style | 2/23/2009 | See Source »

...Vietnam's stimulus program pales in comparison to the $787-billion package approved by U.S. lawmakers last week, but the country is doing what it can to jumpstart its economy. The cash giveaway followed November's announcement of a plan to spend $1 billion to subsidize interest rates for businesses and to lower taxes in order to boost investment and create jobs...

Author: /time Magazine | Title: Corruption Undermines Vietnam's Stimulus Program | 2/23/2009 | See Source »

...score below 688 were delinquent by one measure - a large number, but just half a percent more than in December. By contrast, the number of delinquent loans in the top tier (752 or higher), jumped by nearly 7% in January. The overall percentage of problem loans remained small by comparison - the delinquency rate rose from 1.45% to 1.55% - but the quickening pace of homeowners falling behind on their payments signifies more trouble ahead. "Those are tomorrow's foreclosures," says Ted Jadlos, senior managing director of LPS, which provided the numbers from its database of 40 million home loans, which covers...

Author: /time Magazine | Title: Housing Crisis Moves Beyond Subprime Borrowers | 2/21/2009 | See Source »

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