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...effort to juice the economy by encouraging spending over savings. But that would probably also push down even further the rate at which banks can lend. "It would mean banks make a little less money across the board," says Bank of Alameda's Andrews. Not exactly a nice holiday gift...

Author: /time Magazine | Title: The CD-Rate Scramble: Better for Depositors than for Banks | 12/8/2008 | See Source »

...lives in standard-looking, three-room houses, but until you try to help someone decide where they’ll put their mother-in-law when she comes to visit, this fact doesn’t come to life. Moreover, it is not a far stretch to invite a nice co-worker home to meet your family or share in another everyday experience. Witnessing these commonplace events provides insight into the nuances of culture...

Author: By Anita J Joseph | Title: Escaping America Abroad | 12/8/2008 | See Source »

...still, his words helped shape that history, even if as an unintended consequence. Yes. I hear my mother's voice echoing in my head: "If you can't say something nice, don't say anything at all!" Even some of the milder things he said had terrible consequences. There is a verse in Psalms, "bend down their backs always," that he, reading Paul, applied to the Jews. He meant by this phrase that when Jews read the Bible, their posture was oriented "downward" toward this world rather than "upward" toward heaven. Much later, churchmen will misinterpret Augustine to be saying...

Author: /time Magazine | Title: Was Saint Augustine Good for the Jews? | 12/7/2008 | See Source »

...know that? There are two kinds of evidence. First, from his life. Recently we've recovered a nice little memo of his to a fellow bishop on behalf of a plaintiff, telling that bishop to get his sticky fingers off this guy's property. The plaintiff whose side he takes is a Jew, and Augustine even quotes St. Paul to the effect of not creating a scandal "in front of the Jews." But more important is the theological 180-degree turn Augustine does between 395 and 398. He has moved from demeaning Jews and disparaging Judaism to becoming the only...

Author: /time Magazine | Title: Was Saint Augustine Good for the Jews? | 12/7/2008 | See Source »

...This futurist lived long enough to serenely contemplate his own future, or lack of it. "It would be nice to look forward to going to a Great Sci-Fi Convention in the Sky when I expire," he wrote. "I am vaguely contemplating opting for a cryogenic comeback but in case I don't become a human people-cicle, I, like Isaac Asimov and other thinkers I admire, don't expect to wake up in some spirit realm of an afterlife. I've been a secular humanist since I was 15, long before the term was invented, and nothing since...

Author: /time Magazine | Title: Sci-Fi's No. 1 Fanboy, Forrest J Ackerman, Dies at 92 | 12/6/2008 | See Source »

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