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...current financial crisis is the result of house owners who defaulted on their bond repayments. The obvious reason for this is flatly ignored. The sharp increase in crude-oil prices shortly before the financial crises sucked cash directly from the pockets of the consumers, which then forced them to default on their bond payments. Strong action is taken against cartels in business worldwide, but not against OPEC. It seems to be untouchable. The OPEC members are probably using all the cash sucked from the consumers to buy up stocks of companies in the industrialized world at half price. Unless...

Author: /time Magazine | Title: Depression Hurts | 10/21/2008 | See Source »

...second desirable quality of leadership, especially now, is toxic even to mention for its allegedly litist overtones: intelligence. Not necessarily anything as crude as raw IQ scores, though something closer to that than to the kind of mystical wisdom attributed to Ronald Reagan. Call it intellectual curiosity, perhaps, or a willingness to engage with complicated ideas. This financial crisis is extremely complicated. Surely the best and the brightest can screw up, as they famously did in Vietnam. But four decades later (and after eight years of George W. Bush), maybe we can agree that on balance it would...

Author: /time Magazine | Title: The Leader We Deserve | 10/16/2008 | See Source »

...which feels so light and cushy on the sinuses and allows for hardcore REM action (and for women, protection from make-up smudge during a cat nap). The design blocks out every stray photon of light, and the silky head-strap won't give you any rude awakenings or crude indentations. If you want to spice things up, try the Dream Essence mask, which has a pocket that comes with a sachet filled with lavender and chamomile; it almost made me topple like Dorothy in a field of poppies. After a while I wasn't down with the smell...

Author: /time Magazine | Title: Eye Masks: Deep Sleep Prescription-Free | 10/15/2008 | See Source »

...shockingly acrobatic movements accomplished with the greatest degree of finesse and taste. The highlight was certainly Larissa Ponomarenko’s highly arched instep beating the ground in a frenzied tick as she extended her leg on the floor with extreme hyperextension, a feat that could be trite and crude in the hands—or rather feet—of another. “Liturgy,” choreographed by Chistopher Wheeldon, was billed as the highlight of the evening, by virtue of the two stars on loan from New York City Ballet, Maria Kowroski and Albert Evans. Kowroski...

Author: By Erica A. Sheftman, CONTRIBUTING WRITER | Title: Ballet’s Kaleidoscopic ‘Night of Stars’ | 10/13/2008 | See Source »

...human brain is surely the most sophisticated data-processing machine in the world, except when it's not. In fact, in some ways our brains can be flat-out crude--like when they're dealing with matters of race...

Author: /time Magazine | Title: Race and the Brain | 10/9/2008 | See Source »

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