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...what they used to be; they count only with people who trust credentials - a dwindling breed. The mathematics Ph.D.s who dreamed up economy-killing derivatives have pretty impressive résumés. The leaders of congressional committees and executive agencies have decades of experience - at wallowing in red ink, mismanaging economic bubbles and botching covert intelligence...

Author: /time Magazine | Title: The Outsider: Where Is Sarah Palin Going Next? | 7/9/2009 | See Source »

Hanging over all these concerns is the prospect that a second stimulus bill may be needed to bail out states in late 2010 or 2011. State budgets have been drowning in red ink as jobless claims and Medicaid bills have skyrocketed; few expect those trends to ease soon. In June, White House counselor David Axelrod left open the possibility that a second stimulus may be needed. The White House is confronted with the prospect of having to ask for more money early next year - even as a group of voters is ready to dump the first stimulus right...

Author: /time Magazine | Title: What Happened to the Stimulus? | 7/1/2009 | See Source »

...doing is making up stories and characters. Even before I learned to read and write, I was telling stories. I always knew that I was going to be a writer because there was no other choice. I was always fascinated by the fact that you could take paper and ink and create worlds, images, characters. It seemed like magic...

Author: /time Magazine | Title: Author Carlos Ruiz Zafón | 6/30/2009 | See Source »

...that you're enchanted by books and ink and paper - you seem to place a premium on the printed word, the actual product. Have you given much thought to how that might all change with e-books? That's all about distribution. I don't think it has to do with books or with literature or storytelling. The history of publishing has had this evolution, where even if we go back to the 19th century, when some of the greatest novels of all time were written, publishing was very different. People were not necessarily buying books, they were reading stories...

Author: /time Magazine | Title: Author Carlos Ruiz Zafón | 6/30/2009 | See Source »

...years as a jazz musician, Huey Long, 105, played the banjo and guitar. Once primarily a studio musician, he later spent time touring with the Ink Spots, a popular quartet, and performing with stars like Charlie Parker, Dizzy Gillespie and Sarah Vaughan...

Author: /time Magazine | Title: Milestones | 6/29/2009 | See Source »

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