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...degree of spending good for the economy, especially in a recession? Well, yes and no. Let me talk about that in a couple of different ways. First of all, the economy consists of buyers and sellers. You think about why we spend in the first place. We spend in order to produce satisfaction for buyers. We don't spend in order to help sellers. It's fine if we do help sellers, but we're trying to produce satisfaction. If the spending we engage in doesn't produce any satisfaction, then it's hardly a measure of well-being...

Author: /time Magazine | Title: Why We Shouldn't Give Christmas Gifts | 11/12/2009 | See Source »

Sometime on Nov. 3, the supercooled magnets in sector 81 of the Large Hadron Collider (LHC), outside Geneva, began to dangerously overheat. Scientists rushed to diagnose the problem, since the particle accelerator has to maintain a temperature colder than deep space in order to work. The culprit? "A bit of baguette," says Mike Lamont of the control center of CERN, the European Organization for Nuclear Research, which built and maintains the LHC. Apparently, a passing bird may have dropped the chunk of bread on an electrical substation above the accelerator, causing a power cut. The baguette was removed, power...

Author: /time Magazine | Title: Did a Time-Traveling Bird Sabotage the Collider? | 11/11/2009 | See Source »

...others are convinced that his religion protected him from stronger action by the Army. "He'd have to murder the general's wife and daughter on the parade ground at high noon in order to get a serious reprimand," says Ralph Peters, an outspoken retired Army lieutenant colonel who now writes military books and a newspaper column. While stressing "there shouldn't be witch hunts" against Muslims in uniform, Peters insists that "this guy got a pass because he was a Muslim, despite the Army's claim that everybody's green and we're all the same." A top Pentagon...

Author: /time Magazine | Title: The Fort Hood Killer: Terrified ... or Terrorist? | 11/11/2009 | See Source »

This time last year, Joseph Cada couldn't legally order a cocktail. But today, the Shelby Township, Mich., native sits on top of the poker world as the champion of the World Series of Poker's "Main Event." Cada, who turns 22 next week, took home $8.5 million early Nov. 10 when he outlasted Maryland logger Darvin Moon (and 6,492 other competitors) at No-Limit Texas Hold 'Em to win the sport's biggest prize. TIME contributor Matt Villano caught up with Cada in Las Vegas to talk about preparing for the final table, what he's learned...

Author: /time Magazine | Title: Joe Cada, Poker's New Champion | 11/11/2009 | See Source »

...Spanish government. On Oct. 2, pirates hijacked the Alakrana, a Basque fishing vessel that was trawling in the Indian Ocean. A day later, the Spanish navy arrested two of the presumed pirates and deported them for trial in Madrid. That might have been a triumph for law and order, had the rest of the pirate gang not still been aboard the Alakrana, holding its crew captive...

Author: /time Magazine | Title: Pirate Capture Complicates Hostage Issue | 11/11/2009 | See Source »

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