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...much his cluelessness drove the crisis. Bernanke makes a convincing case that the remarkably loose monetary policies he supported under his predecessor, Alan Greenspan, did not create the housing bubble; it's amusing to see longtime Greenspan fanboys like John McCain trashing Bernanke for insufficient foresight. And while the Fed should have provided stronger oversight, Bernanke is a much more aggressive regulator than Greenspan ever was; in any case, the Fed was never responsible for AIG, Bear Stearns, Lehman Brothers or most of the other firms that blew up the financial system...

Author: /time Magazine | Title: The Case for Reconfirming Fed Chairman Ben Bernanke | 1/26/2010 | See Source »

...blew it during the crisis. This is nutty. It's easy to nitpick the AIG bailout or any of the Fed's other unpalatable decisions during the panic, but they have worked out better than anyone had any right to expect, preventing a catastrophe for a relatively paltry price. Bernanke has been pilloried for conjuring up trillions of dollars out of thin air and lending to unconventional borrowers who had never dreamed of getting their hands on Fed cash, but more than 80% of his emergency loans have been paid back, and the Fed is returning record profits to taxpayers...

Author: /time Magazine | Title: The Case for Reconfirming Fed Chairman Ben Bernanke | 1/26/2010 | See Source »

...Allan Savory, the economies-of-scale mentality ignores the role that grass-fed herbivores can play in fighting climate change. A former wildlife conservationist in Zimbabwe, Savory once blamed overgrazing for desertification. "I was prepared to shoot every bloody rancher in the country," he recalls. But through rotational grazing of large herds of ruminants, he found he could reverse land degradation, turning dead soil into thriving grassland. (See TIME's special report on the environment...

Author: /time Magazine | Title: How Cows (Grass-Fed Only) Could Save the Planet | 1/25/2010 | See Source »

...pushes the actor into Wesley Snipes territory, as he plays a figure who channels both a taciturn John Wayne hero and the implacable warriors of Japanese samurai films like Akira Kurosawa's Yojimbo and the Zatoichi blind-swordsman series - all of which fed on, and in turn fed, the Hollywood notion of solitary, preternatural machismo. The new movie taps Washington's coiled strength, transforms that asset into a weapon and gives him the chance to kick ass for righteousness' sake...

Author: /time Magazine | Title: American Savior: Denzel Washington in Book of Eli | 1/25/2010 | See Source »

...captain Cori Bassett fed the puck to freshman Jillian Dempsey, who in turn crossed it to junior Leanna Coskren left of the goal. Coskren’s one-timer hit the back of the net just 17 seconds into the power play...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Women's Hockey Solid in Shutout Victory | 1/25/2010 | See Source »

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