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...Paulson's lesson is that there is always more money. That is true at least in a panic when the Congress and Administration have convinced themselves, perhaps appropriately, that pushing huge amounts of capital into the economy is the only way to halt the recession...

Author: /time Magazine | Title: How The Treasury Can Always Add More to the Bank Rescue | 2/11/2009 | See Source »

...With approval of student-taught classes firmly in their hands, administrators can veto any prospective educator who does not meet the same standard. Students interested in teaching their own seminars would apply to the administration in advance, with syllabi and lesson plans at the ready. They would have to answer tough questions about what qualifies them to teach the course, and they would have to interview to prove their mettle as a teacher. Finally, the course would automatically be graded pass/fail, keeping students’ GPAs out of the hands of their peers...

Author: By Nathaniel S. Rakich | Title: What I Did Next January | 2/11/2009 | See Source »

...babysitter for Valentine's Day, bring the kids along. In Sante Fe, the Inn of the Anasazi's weekend "Children's Crafty Mac & Cheese" package starts off with a family pottery class to create a personalized dinner plate. On Saturday afternoon, kids get a lesson with the Inn's chef, who teaches them how to cook their own mac and cheese and sugar cookies. At dinnertime kids get served, you guessed it, mac and cheese on their custom-made plates, and at night, their sugar cookies will be waiting by their bed with a glass of milk. Rates begin...

Author: /time Magazine | Title: Fashion Week's Couture Tea Cakes and Other Travel News | 2/9/2009 | See Source »

...movie warn kids to distrust the kindness of strangers, and find refuge in the prison of the status quo. It's important, Coraline says, for children to learn that real life, though it may be preferable to being devoured by a Spider-Mom, ain't so hot. That lesson is a cautionary preview of their adult years. Don't expect perfection. Life is something not to be looked at through rose-colored glasses. Or 3D glasses either...

Author: /time Magazine | Title: The Chilly World of Coraline | 2/6/2009 | See Source »

After the emerging-market currency collapses of the late 1990s, in which IMF aid wasn't much help, the lesson that emerging economies such as China and India took was that they needed to build up gigantic reserves of U.S. dollars to protect their currencies. To build those reserves, they ran big trade surpluses, which were in turn enabled mainly by record trade deficits in the U.S., which were in turn enabled by massive borrowing from around the world. It was an extremely unbalanced financial ballet, and it has now come crashing to the ground...

Author: /time Magazine | Title: New World Order | 2/5/2009 | See Source »

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