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...what does any of this mean for people in the real world - especially in this down-and-out economy? One implication, not entirely surprising, is that a job loss may pose an additional challenge. A layoff is a kind of rejection, and that could increase a person's desire for money at the same time he or she has less than before, says Vohs of the University of Minnesota. Put another way: "The recession can make [people] crave what they can't have," she says...

Author: /time Magazine | Title: Why Counting Money Can Make You Happier | 7/25/2009 | See Source »

...President was right when he called the arrest stupid. It doesn't mean Crowley is stupid. It means that, in that moment, he made a stupid choice. Barack Obama has made some stupid choices on occasion too. We all do. Everyone who is defending Crowley's arrest, including his union, needs to reread his report. There is a crime described in there. In fact, Crowley's report is a written confession of the crime of false arrest...

Author: /time Magazine | Title: Viewpoint: The Stupidity of the Gates Arrest | 7/25/2009 | See Source »

...threatening manner, punching and kicking, clenching a fist in a threatening manner, throwing a wrench or, in the Gates house, maybe a book. If the subject does any of those things, cops always write it out with precision. When they've got nothing, they use phrases that mean nothing. Phrases like tumultuous behavior...

Author: /time Magazine | Title: Viewpoint: The Stupidity of the Gates Arrest | 7/25/2009 | See Source »

Steele, Michael • significance of basic terminology connected with the health care debate - only the major legislative issue to come before Congress this year - is not comprehended by - "What do you mean by an individual requirement?" - and position is still not taken by even after it's explained to • sons of were told by, during years that health insurance was lacked by, "Don't break anything, because Daddy can't afford...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 7/24/2009 | See Source »

...feels a bit curmudgeonly to suggest these happy Asian trends should be greeted with skepticism. Higher asset prices mean households feel wealthier and better able to spend, which could further fuel the region's nascent rebound. But just as easily, Asia could soon find itself saddled with overheated markets similar to the U.S. housing market of a few years ago - and on the brink of another crash. "The seeds are being sown for Asia's next bubble," HSBC economist Frederic Neumann said in a recent report. "The world has not changed, it just moved places." (Read "Asian Nations Step...

Author: /time Magazine | Title: Asia's Easy-Money Policies: Fueling New Bubbles? | 7/23/2009 | See Source »

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