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Even as the Dow Jones Industrial average returns to the 10,000 mark, the financial crisis is alive and kicking in the banking business. In the next week or so, the U.S. will reach a somber milestone: 100 banks down the drain in 2009. It will be the first time since 1992 that 100 banks have failed in a single year and only the 11th time it's happened since the Federal Deposit Insurance Corporation (FDIC) was formed back...
...vessels are visible on the Mediterranean horizon. And by night, the thudding explosion of Israeli shells a few miles out to sea is audible even from the shore. "Every night there is shooting. They don't shoot directly at us. But when you get close to the three mile mark, they will fire into the water as a warning," says 23-year-old fisherman Ahmed Habil...
...billion all by itself. In 2008, there were 32,000 troops deployed in Afghanistan; now there are around 68,000. A troop surge on the scale that General Stanley McChrystal, commander of U.S. forces in Afghanistan, is asking for would push us past the 100,000 mark in a war that has been going on for longer than America fought in the Civil War and World War II combined...
...that need to be resolved. It's expensive and crowded - because people still want to be there! - and it's recovering from an economic earthquake. But it continues to have a powerful claim on the future. "In the depths of the breakdown, you can see the next narrative," says Mark Muro of the Brookings Institution's metropolitan-policy program. "It's California. The next economy is already in place there, and it's amazing...
...That, in turn, earned Griffin his Question Time invitation. "Question Time is the public's chance to challenge the politicians. That is why it is so important that they should sometimes be able to hear and interrogate politicians from the relative fringes as well as from the mainstream," wrote Mark Thompson, the BBC's Director General, in an eve-of-transmission exegesis of BBC policy published in the Guardian newspaper. Britain's Home Secretary Alan Johnson disagreed strongly. The invitation "gives [the BNP] a legitimacy they do not deserve," Johnson, appearing on Question Time a week ahead of Griffin, told...