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...main issue with Schiff seems to be that he hasn't changed his tune--and it isn't a pleasant tune to listen to. He thinks the "phony economy" of the U.S. is headed for even harder times. He believes that the crisis-fighting measures coming out of Washington are merely delaying the inevitable, debasing the dollar and loading future taxpayers with huge debts...

Author: /time Magazine | Title: Why We Should Listen to Peter Schiff's Bad News | 6/1/2009 | See Source »

...there are early signs that the massive influx of government spending is already accomplishing its main goal: easing China's economic slowdown, which has been headlined by double-digit declines in exports, thousands of factory closures and the layoff of about 20 million workers. Economic statistics for the first quarter of 2009 were surprisingly positive, leading some economists to conclude that the rate of contraction was slowing and that China might be on the road to recovery. Power-generation and transportation statistics, key indicators of the economy's direction, registered modest increases in March after months of decline. Banks lent...

Author: /time Magazine | Title: China's New Deal: Modernizing the Middle Kingdom | 6/1/2009 | See Source »

...attacks have been stepped up under President Barack Obama. Nowadays, the low hum of the drones has become a familiar sound in Waziristan, where tribesmen call them machay, or red bees. Their lethal sting has been felt in villages and hamlets across the Federally Administered Tribal Area (FATA). The main objectives of the campaign: to take out al-Qaeda's top tier of leadership, including Osama bin Laden, and deny sanctuary in FATA for the Taliban and those fighters who routinely slip across the border to attack U.S. forces in Afghanistan. Combining high-tech video surveillance with the ability...

Author: /time Magazine | Title: The CIA's Silent War in Pakistan | 6/1/2009 | See Source »

...high heels, the two feared that they might be lost until a passerby indicated they were on the right path. Rinehart and Nightingale finally arrived at the monument, which was surrounded by approximately 10 school buses and a hoard of tourists. “One of the main reasons why I thought Bunker Hill would be such a great place to propose is because the first time we went nobody was there,” Rinehart said with a slight smile on his face. “And so I thought, ‘Okay...

Author: By Laura A. Moore, CRIMSON STAFF WRITER | Title: Leslie E. Nightingale ’09 and Daniel J. Rinehart ’09 | 6/1/2009 | See Source »

...Asner, who voiced the main character in Up, has a gruff side that can't match Bale's, at least as expressed in Bale's obscene, YouTubed rant on the set of Terminator Salvation. But he wasn't the lead in last year's top-grossing film, The Dark Knight, either. That's Pixar for you. Unlike its rival, DreamWorks, the studio doesn't sell its movies with star voices. And the films' plots? At a typical Hollywood pitch meeting, the story of a rat let loose in a French restaurant (Ratatouille, 2007) or a lonely robot trash collector (last...

Author: /time Magazine | Title: Up Flies High at Box Office, as Pixar Delivers Again | 5/31/2009 | See Source »

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