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That's hardly the kind of fireworks you expect amid record-high stocks and other bits of good news--energy prices easing, inflation ebbing. True, the economy is slowing, but profits are still growing, and long-term interest rates have begun to fall. Meanwhile, history suggests that the longer and steeper a market bust, the longer and more robust the recovery. And the 2000-02 decline was one for the ages: the S&P 500 fell 49%, vs. the bear-market median decline...

Author: /time Magazine | Title: Money: The Uncertain Bull | 10/8/2006 | See Source »

...election. The Republicans - especially Karl Rove - have achieved an almost mythological reputation for their campaign savvy, but So Goes exposes this brilliance as, essentially, a strategy based on acting like an adult. The G.O.P.'s major achievements: They stayed on message. They didn't leak. We expect the same from grade schoolers. Yes, this basic competence was combined with a certain amount of ruthlessness, but ruthlessness is not what the Democrats lacked. While willing to "fight with their fists," the Kerry campaign comes across as confused at both a macro and micro level. Given little direction, the volunteers marvel...

Author: /time Magazine | Title: ...So Goes the Nation | 10/7/2006 | See Source »

...that students routinely say in senior surveys that they learn more from their extracurricular activities than from their classes. If there is any single condemnation of the modern research university, it is this. We have separated the people who teach from the people who learn, and still expect to disseminate knowledge in the quality that we used to. What foolishness...

Author: By Sahil K. Mahtani | Title: The Trouble With the Germans | 10/6/2006 | See Source »

...danger we're seeing at the moment is that people are zeroing in on only a few subjects, whereas if you pick up a good general newspaper, you read a lot of things you don't expect to read, much of which are important, and make life more interesting...

Author: /time Magazine | Title: 10 Questions for Rupert Murdoch | 10/6/2006 | See Source »

...agreed to hold off on pressing for sanctions to give the Europeans more time to negotiate a deal with Iran over suspending uranium enrichment. Those talks have failed to yield the desired result, and the U.S. is about to start pushing for U.N. sanctions. What can we expect in the weeks ahead...

Author: /time Magazine | Title: A Power Struggle in Iran | 10/6/2006 | See Source »

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