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...heart of the plan that the Treasury is reportedly considering is the idea that lower mortgage rates will boost home sales and eventually house values. The plan hasn't been officially announced so it's not certain exactly what the Treasury would do, but one way it could work would be for the government to offer to directly purchase all newly originated loans by banks and mortgage lenders provided the loans carry rates of 4.5% or less. Proponents of the plan say the plan would be costless, and might even turn a profit. That's because based on current Treasury...

Author: /time Magazine | Title: Treasury's Plan for Mortgage Rates Could Be Costly | 12/5/2008 | See Source »

...movie falters, though, is when it forgets what makes classics like “Casablanca” and “The African Queen” so good: they don’t forsake characterization and emotional investment for big-screen ambition. They’re movies with heart and soul; they don’t just play connect-the-dots. While Humphrey Bogart’s Rick Blaine is a psychologically complex leading man, Jackman’s Drover just repeats the phrase “No man hires me, no man fires me,” over...

Author: By Samuel E. Chalsen, CONTRIBUTING WRITER | Title: Australia | 12/5/2008 | See Source »

...music intact,” says musical director Joshua R. Stein ’09-’10, a former Crimson Editorial writer. “The show runs the gamut musically. It features everything from ’80s style rock to pop to ballads to heart wrenching duets and an eight-minute long finale.” This production of “Chess” has attempted to do more than the stereotypical rock musical (think “We Will Rock You”). Bala hopes to appeal to a broader audience looking...

Author: By Erika P. Pierson, CONTRIBUTING WRITER | Title: Cold War Meets Dancing Queen | 12/5/2008 | See Source »

...It’s certainly more important than sex. If you want to know which subject is really more interesting to the human race, just fast for 36 hours.”Over the past few decades Harvard has taken the message behind Steingarten’s comments to heart. Formerly a marginalized field at the college, the culinary arts now enjoy a more significant presence on campus. In 2007 alone, the Harvard Culinary Society, Real Food Harvard College, and the Office of Career Services’ panel for careers related to Food and Drink were created.But is this extracurricular...

Author: By Rebecca A. Cooper, CONTRIBUTING WRITER | Title: Cooking the Books | 12/5/2008 | See Source »

According to a comprehensive study done this year by the Baker IDI Heart and Diabetes Institute, Australia claimed the highest national per capita rate of adult obesity, overtaking the United States. This begs the question: what has fueled the transformation of skinny, marsupial-enthusiast surfers with great accents into unappealing couch potatoes? My very scientific answer: great television. I can’t help but think that, in a country with more outdoor adventures than even the guy from “Man vs. Wild” can handle, there must be something compelling keeping Aussies indoors and clutching sweaty...

Author: By Andrew F. Nunnelly, CRIMSON STAFF WRITER | Title: High on Aussie TV's 'Heights' | 12/5/2008 | See Source »

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