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Corporate fear stems in part from sliding consumer confidence, which this week hit its lowest point ever recorded. "Consumers have been impacted by a serious downturn in every form of wealth and income that supports consumer spending, and battered by high levels of volatility in their stock accounts," says Stuart Gabriel, professor of finance at UCLA's Anderson School of Management. The diminished value of stocks, falling home prices and fears about potential unemployment combine to create a negative "wealth effect," making consumers feel poorer. As a result, they spend less. Robert Hansen, professor of business administration at Dartmouth...

Author: /time Magazine | Title: A Dismal Earnings Outlook on Wall Street | 10/31/2008 | See Source »

...would steal a thing." In the south and east, where the insurgency is at its strongest, there are simply not enough troops. Soldiers can clear ground, but when they return to their barracks at night, insurgents terrorize the locals for assisting the foreign and government forces. If Afghans fear that they will be killed for cooperating with the government, they won't do it. "We've got to provide enough security so that the people can feel that they have a future that has some stability and peace to it," says Admiral Mike Mullen, Chairman of the Joint Chiefs...

Author: /time Magazine | Title: A Tale of Two Wars: Afghanistan | 10/31/2008 | See Source »

...wrenched out of their homes to serve as slaves. But all that happened years ago. One would assume that by now any form of bigotry would be completely eradicated, but no. The people who suffered persecution in Europe, Asia or Africa are now the persecutors, thereby perpetuating hate and fear. Shouldn't that kind of American wake up, realize that they live in a different world where there is no pure blood (we are all "mixes," thank God!) and mature once and for all? Maybe Barack Obama cannot change our country that much. But he might make us all more...

Author: /time Magazine | Title: Two Candidates, Two Styles | 10/31/2008 | See Source »

...sense of satisfaction and no end in sight. His dedication to the grotesque would have been commendable if it were the driving force of the book, but Barlow fancies himself a nostalgic explorer and culinary storyteller in addition to a would-be “Fear Factor” scenarist. And in his revelry he often loses sight of his quest. Though he’s mastered the art of revulsion, his approach to the romantic food-writing genre is muddled. Yes, food and culture are intimately linked, but Barlow forgets that in such an explicitly culinary journey, cultural stories...

Author: By Rebecca A. Cooper, CONTRIBUTING WRITER | Title: 'Everything' Missing Somethin' | 10/31/2008 | See Source »

...Here we have less time, while also working on academics. It’s a very intensive process, but the creativity is remarkable.” The show will contain nine vignettes depicting the “Navarasa,” the moods of love, compassion, fury, fear, wonder, disgust, peace, humor, and valor. Instead of focusing on Hindu mythology, the directors have chosen stories and concepts from many different cultures and time periods. Helen Keller, the resurrection of Jesus Christ, child labor, and King Ashoka all make it into the show. Bharatha Natyam as a dance style facilitates storytelling...

Author: By Melanie E. Long, CRIMSON STAFF WRITER | Title: Kalpanam Crosses Cultures | 10/31/2008 | See Source »

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