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Current Fed chairman Ben Bernanke has had to explain himself on Capitol Hill a lot more often than that. As Bernanke waited to give his semiannual Humphrey-Hawkins testimony before the House Financial Services Committee on the morning of July 21, Alabama Republican Spencer Bachus thanked him for his "willingness...

Author: /time Magazine | Title: Bernanke Defends Fed's Actions Before Congress | 7/21/2009 | See Source »

Ever since 1978, when President Jimmy Carter signed the Full Employment and Balanced Growth Act (a.k.a. the Humphrey-Hawkins Act) into law, Federal Reserve chairmen have had to troop before Congress twice a year to explain themselves.

Author: /time Magazine | Title: Bernanke Defends Fed's Actions Before Congress | 7/21/2009 | See Source »

With March 20 marking the vernal equinox (one of two days during the year where day and night are the same length) attention turns again to one of the more persistent theories for Stonehenge's origin. In a 1965 book, "Stonehenge Decoded," astronomer Gerald Hawkins offered the then-most comprehensive...

Author: /time Magazine | Title: Stonehenge Theories | 3/20/2009 | See Source »

In his analysis, he identified 165 separate points on the monument, and linked them to astrological phenomenon like the two solstices and equinoxes and lunar and solar eclipses. It's a difficult theory to disprove completely and some evidence is persuasive - at dawn on the summer solstice, for example, the...

Author: /time Magazine | Title: Stonehenge Theories | 3/20/2009 | See Source »

Still, Hawkins' theory is one of the more legitimate attempts at a Stonehenge explanation. In the 12th Century, the legend of King Arthur wasn't completely regarded as fiction. In his account of Stonehenge, historian Geoffrey of Monmouth wrote that troops tried to move the stones from Ireland to England...

Author: /time Magazine | Title: Stonehenge Theories | 3/20/2009 | See Source »

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