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...Once in power, Roosevelt and his aides tried to end the depression by replaying the 1920s. Assistant Agriculture Secretary Tugwell promised farmers pre-WWI prices, paying their competitors to grow fewer crops, thereby lowering surpluses. But these policies raised food prices at the very moment they needed to drop. For instance, the government orchestrated the death of six million piglets to support pork prices—at a time when the urban poor could not afford bacon...

Author: By Brian J. Bolduc, CRIMSON STAFF WRITER | Title: The Best and Brightest | 2/16/2009 | See Source »

...Auto manufacturing is Europe's biggest industry, employing some 2.2 million people directly, while another 10 million are indirectly involved through a long supply chain. Car manufacturers' association ACEA says passenger sales in Europe fell 7.8% in 2008 and are expected to drop a further 15%. (January's figures are already down by 27% on a year ago). ACEA has called for an additional $51 billion in soft loans to help the industry invest in the cleaner cars needed to hit E.U. climate change goals, and to hold onto highly skilled workers. (See pictures...

Author: /time Magazine | Title: Amid Crisis, Cars Start to Drive Europe Apart | 2/16/2009 | See Source »

...perverse historical chance dropped the holiday of elegant evening dates down on the part of the calendar worst suited for it. Erratic mountains of ice and curbsides which drop off into unfriendly black abysses make walking anywhere in February a chore. Add in impractical shoes, uncomfortable clothes, and high expectations, and the chore can become catastrophe...

Author: By Shai D. Bronshtein, Alexander R. Konrad, and Garrett G.D. Nelson | Title: Annotations: Valentine's Day | 2/13/2009 | See Source »

...What should they talk about? The big-ticket topics are clear enough. The U.S. wants Iran to drop its nuclear program and to stop backing radical groups like Hamas and Hizballah. Iran insists on its right to a nuclear-energy program and wants an end to economic and financial sanctions, as well as guarantees that the U.S. will not seek regime change in Tehran...

Author: /time Magazine | Title: Talking to Iran: What Are Washington's Options? | 2/13/2009 | See Source »

...time, Oct. 13, 1989, was the second largest drop of the Dow in history. Nicknamed the Friday-the-13th mini-crash, these days it's not even in the top 10. That might be the scariest fact...

Author: /time Magazine | Title: Friday the 13th | 2/13/2009 | See Source »

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