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...behind us, we can hold high positions of leadership and esteem, and we can even legally marry our sweethearts in Memorial Church. Although I wasn’t at Harvard in 1982, I understand that it was a very different place then, and that silence and social sanction were de rigueur for virtually all queer folks...

Author: By Susan Marine | Title: Unfinished Business | 9/22/2008 | See Source »

With their endless strings of pearly beaches, heavenly climate and sensual bossa nova culture, Brazilians regard themselves as uniquely blessed. So last fall, when massive oil reserves were discovered off the coast near Rio de Janeiro, President Luiz Inácio Lula da Silva saw it as further proof of a celestial bond. "God," he gushed, "is Brazilian...

Author: /time Magazine | Title: Brazil Booms by Going Lula's Way | 9/22/2008 | See Source »

...real estate assets after bank failures, and thus to avoid a further decline in real estate prices through the usage of federal funds. The current proposal is explicit about its monumental cost: $700 billion, a sum larger than the 2009 budget of Medicare and Medicaid, which also dwarfs the de facto nationalization of Fannie Mae and Freddie Mac just weeks...

Author: By Pierpaolo Barbieri | Title: The Bubble Doom | 9/21/2008 | See Source »

...were a real choice for Bernanke and Paulson, no one has been brave enough to voice it. Yet, in a matter of hours, several prominent thinkers rushed to deem the bailout the abandonment of classical economic theories about free market capitalism, as well as the expiration date of Reaganite de-regulation. The former is a plausible argument, but the latter rather inconsequential given the RTC precedents of the current bailout. More importantly, the plan designed by Bernanke and Paulson socializes the risk of the most toxic real estate assets, which have been polluting Wall Street balance sheets since the advent...

Author: By Pierpaolo Barbieri | Title: The Bubble Doom | 9/21/2008 | See Source »

...de Rothschild, Lynn Forester • own position in life as member of wealthy banking family fails to prevent attacks on Obama as "elitist...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 9/19/2008 | See Source »

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