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...unprecedented level of global interdependence deepened the U.S. recession, but there is light at the end of the tunnel, according to the two professors of economics who lead a discussion on “The Global Impacts of the Financial Crisis” yesterday afternoon. International Economics Professor Richard N. Cooper said he was surprised by the extent of the damage wrought by the sub-prime mortgage crisis. “I don’t know of anyone who foresaw the ramifications of the sub-prime crisis through the whole economic system,” he said...

Author: By Kate A Borowitz, CONTRIBUTING WRITER | Title: Professors Discuss Financial Crisis | 4/8/2009 | See Source »

...recession is another factor in the sales jump. Guns are expensive - Baker, for example, paid $200 for her shotgun - yet fear trumps the cost of a weapon for people worried that the economic crisis will lead to more crime. "Protection of the family, protection of the home, is utmost on people's minds," says Keffer. Many big cities have indeed seen crime tick higher during the downturn. But in the wrong psyche, this sentiment can carry deadly consequences. For example, the mother of the Pittsburgh man who shot and killed the police officers said her son had been stockpiling guns...

Author: /time Magazine | Title: Boom in Gun Sales Fueled by Politics and the Economy | 4/8/2009 | See Source »

After Caray's death in 1998, the Cubs began inviting special guests to lead Cubs fans in an often excruciating attempt to carry on his legacy. Among the tune's most recent mutilators are racing star Danica Patrick, a northern Illinois native who rooted for the home team in 2006; the hoarse and possibly inebriated Eddie Vedder, who sounds like he's asking someone to buy him "some peanuts and crack;" and in an appalling lack of judgment by the Cubs front office, Ozzy Osbourne, who sang not a single word of the song correctly. Thankfully, no chickens were harmed...

Author: /time Magazine | Title: 'Take Me Out to the Ball Game' | 4/8/2009 | See Source »

...Amos have admitted sampling it in Latin America, where it is legal, as has Paul Simon, who chronicled the experience in his song "Spirit Voices." "It heals the body and the spirit," says Eustacio Payaguaje, 51, a Cofán Indian shaman who regularly treks to Bogotá to lead weekend ayahuasca ceremonies in the city. "It is medicine for the soul." (Read "The Year in Medicine 2008: From...

Author: /time Magazine | Title: Down the Amazon in Search of Ayahuasca | 4/8/2009 | See Source »

Nobody was sure where Niazamuddin's loyalties lay. The local Afghan army commander was sure he was Taliban, though the U.S. commander wanted to give him the benefit of the doubt. If Niazamuddin was willing to lead a search, that would provide an example of solid leadership in a town riven by extremist sympathies. But Niazamuddin had gone back on his offer. If members of the Taliban found out he had led the Americans to suspicious houses, he said, they would kill him. The operation's leader, 1st Lieut. Glenn Burkey, exploded with frustration. U.S. forces had taken gunfire from...

Author: /time Magazine | Title: The U.S. in Afghanistan: The Longest War | 4/8/2009 | See Source »

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