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...gone away even if the dollar remains buoyant, he said, warning of a "dangerous degree of complacency" among investors. "The weakest link in the global growth chain in 2006 is the most important link, and that is the American consumer," Roach cautioned. If the economy does continue to hum along, it's partly by accident. What's conspicuously absent, the economists agreed, is a constructive dialogue between policymakers in both China and the U.S. that would put the two nations' increasingly interdependent economic relationship on a more balanced footing. Under this scenario, the U.S. would curb consumption and start saving...

Author: /time Magazine | Title: The Goldilocks Economy | 1/28/2006 | See Source »

...Schwarzenegger has shown a talent for speaking directly to voters over the perpetual partisan hum and appealing to their frustration about California's gerrymandered political system, which only two years ago returned to power every single state legislator. When those same politicians balked at his early efforts to balance the $80 billion budget, he put on a golf shirt and a leather jacket and made his populist case in California's open-air shopping malls. There was some of that same Reaganesque flair in his State of the State speech last week, as he invoked the tradition of Californians dreaming...

Author: /time Magazine | Title: Who Is the Real Arnold Schwarzenegger? | 1/8/2006 | See Source »

...MIGHT, NOR BY POWER, SAITH THE LORD OF HOSTS, BUT BY MY SPIRIT. The platform below teemed with dignitaries plus three stately new garbage cans filled with donations. When King in his blue suit reached the bank of microphones, the noise receded no lower than a constant hum, and applause erupted again each time he paid tribute to their unity and purpose. "You are demanding that this city will respect the dignity of labor," he said...

Author: /time Magazine | Title: "I Have Seen The Promised Land" | 1/1/2006 | See Source »

...they’re either incredibly vague, or incredibly limited, depending on how you like your constitutional theory. The Constitution specifically enumerates a very mundane, ho-hum list of executive powers—things like receiving ambassadors, appointing officials to vacant positions during the recess of the Senate, and so on—yet none having to do with determining the level of danger at which constitutional prerogatives go by the way-side (that belongs, appropriately, to the judiciary). Likewise, the Constitution doesn’t provide for the executive to supersede any other law that might confound...

Author: By Peter C. D. Mulcahy, CRIMSON STAFF WRITER | Title: Spying on the Homeland | 12/19/2005 | See Source »

...their hard work, however, not a heck of a lot has changed on this campus in terms of the undergraduate experience in the last 15 years; reading through The Crimson’s archives back into the early 1990s finds complaints of egregious council waste and ho-hum, overly exclusive social life, bad TF-ing and lousy House community—the same that you would expect to find if you looked in The Crimson’s archives for this year...

Author: By Peter C. D. Mulcahy, CRIMSON STAFF WRITER | Title: What Election? | 12/6/2005 | See Source »

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