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...Clinton's last Treasury Secretary, Summers championed regulatory reforms that relaxed New Deal-era restrictions on banks - a shift that some economists have blamed for the current financial crisis and that Obama criticized during the campaign. None of these controversies gave the candidate pause last summer when he invited Summers into his inner circle for briefings on the deteriorating economy. As both a campaign and a White House adviser, Summers helped guide Obama's conviction that the economic crisis was an opportunity as well as a curse, a chance to accelerate many of his campaign pledges. In a column about...

Author: /time Magazine | Title: Can Larry Summers Save the Economy? | 1/29/2009 | See Source »

...barrel projects that we don't immediately need (or else we would have found another way to pay for them) and hope this gets us out of the recession. Did I miss something? There is a growing consensus among historians and economists that World War II, not the New Deal, got us out of the Depression. Stimulus won't solve the fundamental economic problems of this country: decades of low savings coupled with ravenous consumption, fueled by cheap credit, all of which we are now paying the piper for. Nathan Mintz, REDONDO BEACH, CALIF...

Author: /time Magazine | Title: Inbox | 1/29/2009 | See Source »

...there were a lot of reasons. None of them outstanding. I had a very naive outlook on what I thought acting was all about, and I wasn't really prepared to deal with the business end of it or the politics. And I think that sort of short-circuited...

Author: /time Magazine | Title: 10 Questions for Mickey Rourke | 1/29/2009 | See Source »

Faust, whose field of academic expertise lies in the history of the South during the Civil War and antebellum periods, focuses “This Republic of Suffering” on how Americans struggled to understand and deal with death in the aftermath of the Civil...

Author: By Wendy H. Chang, CRIMSON STAFF WRITER | Title: Faust’s Book Named Finalist | 1/29/2009 | See Source »

...travel guide company has been searching for a fresh deal since 2007, when St. Martin’s Press—which had published the series for 25 years—announced it would end the partnership...

Author: By Wyatt P. Gleichauf, CRIMSON STAFF WRITER | Title: Let’s Go Lands New Publisher | 1/29/2009 | See Source »

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