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...going back over my list of March spending to see where all the money went. Already, I'm wondering why I have a cell-phone plan with so many minutes and long-distance service on my home phone. I still eat out a fair amount. Alcohol and desserts, I am being reminded, are pricey. My biggest nonrent expense by far, though, is travel. It all seems justified: twice to Pittsburgh to help my grandmother pack up her house and move, once to Miami for a good friend's 30th birthday. But it adds...

Author: /time Magazine | Title: How Much Less Can You Spend? | 3/29/2009 | See Source »

...what exactly are these soccer execs thinking, kicking off a new women's league during a near-depression? To be fair, WPS announced this current launch date back in August of 2007, when the economy was relatively rosy. "That's life," says Kristine Lilly, a two-time Olympic champ who plays striker for the Boston Breakers (the WPS will also have teams in the Bay Area, Chicago, Los Angeles, New Jersey, Washington, D.C. and St. Louis. A Philadelphia franchise will start next season). "When we made plans to start this league, we didn't think the economy was going...

Author: /time Magazine | Title: Is Women's Pro Soccer Really Coming Back Now? | 3/29/2009 | See Source »

...programs at theaters such as New York's Roxy. MGM presented three 3-D talkie shorts from 1936 to 1941, the last one in Technicolor. The Polaroid filters created by Edwin Land were used for a short shown at the Chrysler Pavilion of the 1939 New York World's Fair...

Author: /time Magazine | Title: 3-D or Not 3-D: That Is the Question | 3/28/2009 | See Source »

...that Citigroup had a committee of its board of directors charged with monitoring the risks taken by the bank. Citi also had an army of risk managers who probably reported to an executive who also ran a part of the company that was taking risks. Of course, it is fair to assume that the bank also had a chief financial officer who had an excellent idea of what Citi had on its balance sheet and in operations that it owned which had their own balance sheets. (Read "Is Citibank Really Out of the Woods...

Author: /time Magazine | Title: Regulating the Cobblestones on Wall Street | 3/27/2009 | See Source »

...reason for Obama's election and high approval ratings is his privileging of the empirical and pragmatic ahead of ideological reflex. We have not, of course, arrived in a golden age of fair-minded, intellectually honest postpartisanship, as proved by the congressional votes on the stimulus package and the redoubled ferocity of brain-dead partisans. But a majority of Americans out in America are dialing back or turning off their ideological autopilots, thanks to the economic crises, Obama's approach and the post-Cold War realities. With the Soviet Union gone and China socialist in name only, the specter...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

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