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...Obama's play-to-win approach drove other players crazy. Former state senator Larry Walsh, a conservative corn farmer from Joliet, once got ready to pull in a pot with a four-of-a-kind hand. But Obama had four of a kind too, of higher rank. Walsh slammed down his cards. "Doggone it, Barack, if you were more liberal in your card-playing and more conservative in your politics, you and I would get along much better," he said...

Author: /time Magazine | Title: Candidates' Vices: Craps and Poker | 7/2/2008 | See Source »

...this heavy investment insulated Harvard's endowment from rocky market conditions through April, it likely aided returns for the last two months as well. The Dow Jones-AIG Index commodity prices rose another 12 percent in May and June based largely on spikes in the prices of oil and corn futures...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERS | Title: Harvard Endowment Posts 9 Percent Return in 10 Months | 7/1/2008 | See Source »

...driving up costs for manufacturers; faced with a choice between raising prices (which consumers would surely notice) or quietly putting fewer ounces in the bag, carton or cup (which they generally don't) manufacturers are choosing the latter. This month, Kellogg's started shipping Apple Jacks, Cocoa Krispies, Corn Pops, Froot Loops and Honey Smacks containing an average of 2.4 fewer ounces...

Author: /time Magazine | Title: America's Shrinking Groceries | 6/27/2008 | See Source »

...Grand Tower residents are anxiously watching the surrounding rivers. Stubborn bands of storms have saturated the region's corn and soybean fields, swelling the Mississippi River and its tributaries above St. Louis, Mo. Today the rising waters were only about two hours' drive to the north. Some 21 Illinois counties and all of Missouri have been declared disaster zones, and dozens of points along the Mississippi River's levees in both states have ruptured. "We're just standing by, hoping for the best but expecting the worst," says Burke "Bear" Ellett, 49, Grand Tower's mayor for the past dozen...

Author: /time Magazine | Title: The Unluckiest Town in America | 6/20/2008 | See Source »

...fickle. Neighbors on high ground saw friends next door lose cars to a furious downpour. The massive tide is sweeping through Illinois, Missouri and points downstream, raising questions about the adequacy of the levee system designed to guard against flooding. In Iowa the cost mounts: 20% of the corn crop has drowned, 38,000 people have been displaced, and Cedar Rapids alone may need $1 billion to recover...

Author: /time Magazine | Title: Deep Down In Iowa | 6/19/2008 | See Source »

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