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...subject of this week's George Clooney semicomedy, The Men Who Stare at Goats. Bell promoted the notion that Mayan mystics predicted some great cataclysm to befall the earth on Dec. 21, 2012, and next week Roland Emmerich has a thriller on that very theme: 2012. Bell lived near Area 51, the Nevada military base that may be a giant freezer warehouse for alien bodies; in two weeks there's a Dwayne (The Rock) Johnson movie called Planet...

Author: /time Magazine | Title: The Fourth Kind: Subnormal Activity | 11/6/2009 | See Source »

...government debt has made the dollar currency non grata in many quarters once again. An index that measures the greenback's value against a basket of major currencies, including the euro and yen, has fallen about 15% from a three-year high reached in March and is now hovering near a 14-month low. Economists and analysts expect the dollar to lose a lot more ground. Daisuke Uno, chief strategist at Japan's banking giant Sumitomo Mitsui, believes the Japanese currency could strengthen to 50 yen to a dollar by 2011 (from around 90 today) due to continued weakness...

Author: /time Magazine | Title: Is the Dollar Dying a Slow Death? | 11/6/2009 | See Source »

...Over the near term, however, the Administration knows it must contend with unpleasant realities, thanks to that unsettling double-digit jobless rate: "We're in for a pretty dark period," says the Treasury official. But, anticipating that, the Administration's strategy has intentionally avoided overpromising. "Obama's numbers hold up because he doesn't oversell," the official says. "We need to be steady and say, We know this will work but it's going to take time. Ultimately we're pretty confident that we did the right things and that it will help...

Author: /time Magazine | Title: Unemployment Rises to 10.2%, Stoking the Economic Debate | 11/6/2009 | See Source »

...purchase of 50 percent of the power from First Wind’s Stetson II farm near Danforth, Maine (scheduled to be fully operating by mid-2010), will add to Harvard’s greening efforts, which already include wind turbines on top of the Holyoke Center and Soldiers Field parking lot, along with new 500-kilowatt solar panels nearly two and a half football fields in length that will be put on a Harvard-owned building in Watertown, Mass. Even amidst budget cuts and endowment losses, Harvard’s continued commitment to lowering its greenhouse-gas emissions...

Author: By The Crimson Staff | Title: Winds of Change | 11/6/2009 | See Source »

...nomination a week later after revealing he had not paid taxes related to a nanny who was an illegal immigrant. Kerik's Nannygate, however, was followed by revelations of a flood of more scandalous missteps, including an affair with the publisher of his memoirs, Judith Regan, in an apartment near ground zero intended for weary 9/11 rescue workers. Regan later said she hired a bodyguard after the relationship ended and Kerik continued pursuing...

Author: /time Magazine | Title: Bernard Kerik | 11/6/2009 | See Source »

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