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...Federal Reserve Chairman Ben Bernanke appears intent on avoiding such mistakes. He pledged during recent congressional testimony to "act in a timely manner as needed to support growth and provide adequate insurance against downside risks." And Fed actions speak louder than words: the 1.25 percentage point reduction in the overnight policy rate at the end of January was the most rapid cut by the U.S. central bank in recent history...

Author: /time Magazine | Title: The Fed Fights Back | 3/13/2008 | See Source »

...original seven deadly sins--pride, gluttony, melancholy (which was dropped in the 17th century in favor of sloth), lust, greed, envy and anger--which among them could account for virtually all the crimes, follies and misfortunes of mankind. Anger gives rise to violence; gluttony to waste; pride to every manner of tragedy and hurt. They were judged sufficient for the past 15 centuries, ever since they were cataloged by Pope Gregory the Great, with an assist from Thomas Aquinas and Dante...

Author: /time Magazine | Title: The New Road to Hell | 3/13/2008 | See Source »

Many alumni had returned for the event. and were invited on stage to show they could still move a room even after they had left college. The talent in the room was juxtaposed with an easy informality as the artists introduced their songs and fellow performers in a warm manner...

Author: By Rebecca A. Schuetz, CRIMSON STAFF WRITER | Title: Singing It From Kuumba to Badu | 3/13/2008 | See Source »

...Harvard is full of crazy, fringe left-wingers.” Weatherl was particularly critical of the group’s satire of supporting the troops. “I understand that many students here are opposed to the war, but the majority express their views in a respectful manner,” he added, “It only disrespects those who do support the honorable men and women in combat by trying to portray them as idiots.” But Krahel said this was not the group’s intention. “We were definitely...

Author: By Teresa M. Cotsirilos, CONTRIBUTING WRITER | Title: Students Stage Fake Pro-War Gathering | 3/11/2008 | See Source »

...Sarkozy’s personality—not his policy—that has done France the most harm thus-far. As Americans, we know better than most the high price a country pays for the buffoonery of their leader. When a president consistently behaves in a manner that does not befit his office, he loses credibility, both internationally and domestically. Nicolas Sarkozy needs to realize that France does not need another civilian, nor another celebrity. France needs a president, and it is high time he started acting like...

Author: By Marina S. Magloire | Title: A Presidential Faux Pas | 3/10/2008 | See Source »

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