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...during Greenspan's 18-year tenure. Greenspan had become famous for long, convoluted answers that could stop time but only rarely ("irrational exuberance") ruffled the markets. Asked about the nation's blooming deficit, Bernanke answered crystal clearly, "Deficits matter because they represent additions to debt that our children and grandchildren will either have to pay through higher taxes or reduced services." Bernanke's wit also made a guest appearance. When Maryland Senator Paul Sarbanes asked Bernanke whether rising rents and their impact on the weakening housing market would make him think "one and a half times" about raising interest rates...

Author: /time Magazine | Title: Inside the Head of the New Fed Chief | 7/23/2006 | See Source »

...fact, the conflicting visions and divided loyalties that shape Zidane's Europe were on display in the World Cup Final long before the notorious head-butt. For France, all but four of the 14 players used in the game were children or grandchildren of Africa, from both sides of the Sahara. Italy's lineup, by contrast, had no players of immigrant origin (although Mauro Camoranesi's grandparents had left Italy for Argentina) - the Azzuri were, to put it bluntly, the whitest of the Western European teams at the World Cup. Italian soccer has long been a magnet for fascist nostalgia...

Author: /time Magazine | Title: The Head Butt Furor: A Window on Europe's Identity Crisis | 7/13/2006 | See Source »

Harvard Hillel has never passed the extra cost of running a kosher kitchen and providing food for Shabbat, Holidays and student initiated programs on to Harvard students and their parents. We must now appeal to you, whose children and grandchildren have enjoyed and continue to enjoy the warmth of the Hillel community on campus, to make a difference. Please make a gift of $250 or more to Harvard Hillel's Meal Campaign...

Author: By Judy Z. Herbstman | Title: Letter from Hillel Undergraduate Steering Committee President Judy Z. Herbstman '07 | 6/27/2006 | See Source »

Lehrer was honored with the National Humanities Medal in 1999 and has been awarded with various honors in journalism. He and his wife Kate have three daughters and six grandchildren. He will be giving today’s Commencement address and receiving an honorary degree from the University...

Author: By Ying Wang, CRIMSON STAFF WRITER | Title: Lehrer To Broadcast at Commencement | 6/8/2006 | See Source »

Galbraith is survived by his wife of 69 years, Catherine Atwater Galbraith, his three sons J. Alan, Peter, and James, and 10 grandchildren...

Author: By Alexandra C. Bell, CRIMSON STAFF WRITER | Title: He Stood Taller Than the Rest | 6/7/2006 | See Source »

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