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...slogan that "things are not getting bad as fast as they were." Some of that relied on slowing weekly unemployment figures and better-than-expected consumer sentiment. For a brief period, all of the statistics on the economy were read as being good. The first set of numbers that let nagging doubt worked its way into optimistic minds was the sharp increase in foreclosure rates. In March there was a 46% increase in filings compared with the same month last year. That news was followed quickly by unexpectedly poor numbers from the Conference Board which said that its index...

Author: /time Magazine | Title: Who Stole the Recovery? | 4/21/2009 | See Source »

...idea that the mighty U.S. can be scared out of any venture that might get more than a handful of its soldiers killed. Initially, the Haitian military forces that deposed the democratically elected Aristide in 1991, and are now trying to wiggle out of an international agreement to let him return to power, got their way with no more than some effective theater. As the troopship U.S.S. Harlan County anchored off Port-au- Prince, thugs surged through the dock area brandishing pistols, screaming ''Get out!'' and kicking at or banging on cars, including one carrying U.S. charge d'affaires Vicki...

Author: /time Magazine | Title: In and Out with the Tide | 4/21/2009 | See Source »

...areas of the economy led to significant successes that have likely mitigated the current recession. Besides the Central American Free Trade Agreement, he more than quadrupled the number of trade agreements between the U.S. and other countries and would have implemented others with nations like Colombia had congressional Democrats let him. Expansions of free trade offer a potential first step to economic recovery: After all, in the beginning throes of the crisis in 2007, it was double-digit annualized export growth that kept GDP growing despite lagging consumption and investment...

Author: By Colin J. Motley | Title: Deconstructing Deregulation | 4/21/2009 | See Source »

...good Harvard host: 1. Are people actually normal here? No, we’re all secretly commies conspiring to take over the world. Why do you think all your folders are red? Just kidding. Well, at least not all of us. 2. How’s the dating scene? Let me know when you find one. Wait a minute, what’s the name of that pre-frosh guy you were with earlier? 3. Is Harvard a lot of work? I’m working on my 1,000,000th response paper as we speak. What do you think...

Author: By Kriti Lodha, CONTRIBUTING WRITER | Title: Hate It: Prefrosh Weekend | 4/21/2009 | See Source »

...tried to sell the store a few years back,” he said, “But the guy messed up. I let him borrow money from me and he never paid me back. And he didn’t check IDs as he should, and the students complained about him. So I came back. I don’t trust other people with the store...

Author: By Laura C. Schaffer, CONTRIBUTING WRITER | Title: Louie’s: Where Everyone Knows Your Name | 4/21/2009 | See Source »

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