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...collapse in 1998, and prompting nervous talk around kitchen tables about what to do this time around. On Dec. 4, Putin fielded vetted questions from around the nation on a televised call-in show. One of the most poignant was a text message from an unnamed viewer: "What will happen to the ruble, and what is the best currency to keep deposited in the bank?" Putin's hopeful reply: "There will be no sharp fluctuations in the ruble's exchange rate...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

...leave it to Chris Matthews to figure out whether or not he wants to jump in the [Pennsylvania] Senate race. Right now I'm having a lot more influence on the national debate than I did as a member of Congress. But you never know what's going to happen down the road...

Author: /time Magazine | Title: 10 Questions for Joe Scarborough | 12/11/2008 | See Source »

...unemployment rate rose from about 2% to 25%. There are a lot of good reasons - the activism of the Federal Reserve, payments from Social Security and unemployment insurance that act as economic stabilizers, and the incoming Administration's plans for big-time fiscal stimulus - to think that won't happen again. But there are also good reasons - mainly the Depression-like breakdown of much of the financial system over the past 16 months - to worry...

Author: /time Magazine | Title: Don't Say the D Word | 12/11/2008 | See Source »

...cycle of dynastic politics, in which celebrated surnames, rather than individual achievements, are allowed to earn positions of authority and through which the integrity of the American political system is significantly diminished. If Paterson does choose Kennedy to fill New York’s junior senate seat, what would happen in 2010, when she would presumably run for re-election? The odds are that she would win in a landslide, and for no other reason than that she is the last living member of the Camelot first family. Name recognition may not single-handedly tip the scales, but voters would...

Author: By James K. Mcauley | Title: Beyond Aristocracy | 12/11/2008 | See Source »

...democratically removing the dictator Robert Mugabe from power: Elections had just taken place, and there was evidence that Morgan Tsvangirai, the leader of the country’s largest opposition power, had been victorious. But Mugabe’s network of corruption was too strong to let that happen. After a slew of election recounts, much posturing, and, no doubt, vast amounts of behind-the-scenes violence and threats, Tsvangirai was essentially forced to withdraw from the election. This month, the tyrannical Mugabe is still ruling Zimbabwe, and unsurprisingly, the country is on the verge of collapse. A cholera epidemic...

Author: By The Crimson Staff | Title: A Diseased Regime | 12/11/2008 | See Source »

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