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...Just a week before, another blue-blazered elected official - Senator John Ensign of Nevada - was forced to make a similar confession, although he left God out of it, which must have been a nice break for the Almighty. Ensign had done "the worst thing" in his entire life, he confessed: "I violated the vows of my marriage." The mood on both occasions was funereal; it might have been touching to see two such buttoned-up guys welling with tears if the corpses weren't their political careers...

Author: /time Magazine | Title: Is There Hope for the American Marriage? | 7/2/2009 | See Source »

...goal (indeed, our need) has been to prepare the School not just for next year but also for the years after," the letter said. "Ultimately, this means we must become a smaller organization...

Author: By William N. White, CRIMSON STAFF WRITER | Title: HBS Cuts Staff, Trims Publishing Arm | 7/1/2009 | See Source »

...order to get to the grave, one must travel by vaporetto, the main form of public transportation, to a little island across a plane of water that lies to the north of the main island in the lagoon. You step right off the boat at Cimitero, where the city’s inhabitants—born high or low—rest in peace. At first, the expected emphasis on decoration can be found in the multiple bunches of flowers and ribbons, the specially-posed portrait photos that flutter by the graves, and especially the family-commissioned tombs that boast...

Author: By Emmeline D. Francis | Title: The Art of Contrast | 7/1/2009 | See Source »

...council started switching off the streetlights, Dieter Grote's wife would worry about their children coming home late at night in the pitch black. "My wife has all the good ideas," Grote, who runs an advertising agency, tells TIME. "I discussed the problem with her and we thought it must be possible to have the lights available on demand." Dieter got in touch with the local utility company Lemgo and together they came up with a solution: How about turning on the village lights with a simple telephone call? Lemgo developed a special modem and software to make it possible...

Author: /time Magazine | Title: Germany's Bright Idea: Street Lighting on Demand | 7/1/2009 | See Source »

...rich multiples are unjustified in a recession. Duoyuan is seen as a direct play on China's $585 billion stimulus-spending program, which is focused on infrastructure projects like water and sewer systems. But for the company to benefit (it manufactures equipment for wastewater circulation and filtration), government money must actually go to infrastructure building and not be wasted through inefficiencies and corruption. Bawang, which competes with P&G and Unilever, among other companies that make personal-care products, is supposed to ride China's rising personal consumption. That may be a dicey proposition in a country of thrifty citizens...

Author: /time Magazine | Title: Is a China Stock Bubble Forming? | 7/1/2009 | See Source »

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