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After a period of a few weeks in which investors and analysts felt a little better about the prospects of the economy at the end of the year, the pallbearers have returned. The enthusiasm about a recovery in the banking system was sandwiched by bad news from bank analysts who think the largest financial firms will have to raise tens of billions of extra dollars on the one side and Congressmen who say that they will not provide more TARP money on the other. With insurance companies now begging for dollars as well, there is not going to be enough...

Author: /time Magazine | Title: The Lost Decade May Only Last Three Months | 4/9/2009 | See Source »

...Outmigration Myth Those who battle illegal immigration make an attractively simple argument: Pressuring illegal immigrants will make them go away, thereby saving jobs for Americans. The enthusiasm for the prospect of a great outmigration is such that pundits and politicians began lining up early to take credit for it. Last summer the Center for Immigration Studies in Washington, which favors tougher enforcement of immigration laws, released a report with the somewhat triumphal title "Homeward Bound." Its authors argued that census data showed that approximately 1.3 million illegal immigrants had left the U.S. from August 2007 to May 2008. At that...

Author: /time Magazine | Title: Despite Backlash, Illegal Immigrants Stay Put | 4/9/2009 | See Source »

...Homi Bhabha, the director of the Center for the Humanities. The event began with a roundtable discussion and proceeded with five panel discussions and a variety of informal Saturday lunchtime discussions. Sold out within weeks of its announcement, the conference attracted guests from around the world, and enthusiasm was high, according to Mostafavi. “After five days, I could still feel that level of enthusiasm and energy, could feel the energy day after day,” he said. An Ecological Urbanism exhibit, on display until April 17, provides an interactive way to approaching these topics...

Author: By Emma R. Carron, CRIMSON STAFF WRITER | Title: GSD Talks Green Growth in Cities | 4/6/2009 | See Source »

...Dull Life.” That track—one of the few songs that prominently features the otherwise downplayed guitar—comes at the midpoint of the album and is one of the album’s most immediately exciting songs. But despite the enthusiasm, the track feels slightly disappointing given its failure to advance on the work the band has done previously.In its second half, “It’s Blitz!” experiments with various sounds that, although not as successful as in the first half, offer an interesting insight into where...

Author: By Chris R. Kingston, CRIMSON STAFF WRITER | Title: Yeah Yeah Yeahs | 4/2/2009 | See Source »

...Their enthusiasm, however misguided, is understandable. Nepal's decade-long insurgency hollowed the country's development, leaving nearly half of its population living below the poverty line and an average Nepali farmer earning roughly $300 a year. By contrast, Gurkha privates in the British army take home $28,000 a year. "Becoming a Gurkha soldier is a burning ambition for every hill boy," said Tamang's father, Saharman Tamang, 50, who served the British army for 12 years. "Those who make it are hailed as the 'lucky ones.' Money is not the only draw. Those recruited are whisked away...

Author: /time Magazine | Title: The Talk of Nepal: The Future of Its Gurkhas | 4/2/2009 | See Source »

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