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Carriers replaced battleships at the center of U.S. naval power in World War II, but they've been losing ground, offensively and defensively, for years. Until the 1980s, the offensive punch of smaller warships was limited to short-range guns. But now these ships pack Tomahawk cruise missiles, giving every destroyer, cruiser and attack submarine the ability to destroy targets well beyond the reach of carrier-based planes--without risking pilots. Distributing that firepower across 120 warships instead of concentrating it on America's 11 carriers makes sense. Then there's the huge built-in cost of carriers. Much...
...financial crisis has also hit their endowments with a softer punch: Princeton’s endowment declined 11 percent and Yale’s 13.4 percent in the same time frame that Harvard’s declined by 22 percent...
...Denmark has thrived while emphasizing clean energy and cutting carbon emissions - between 1980 and 2004, the country's GDP rose 56% while CO2 emissions dropped 35% - and thanks to smart policies and investment, more than a quarter of Denmark's electricity now comes from renewable sources. Danish companies also punch well above their weight in the growing wind turbine industry. To drum up global support for the summit, Hedegaard can easily make the case that the economy doesn't have to come before the environment - even during a global recession. "This isn't just about the climate crisis," she says...
...glories of flying on private jets. He lovingly described his first trip on a Citation X: "The plane took off, its Rolls-Royce engines gripping the air the way a well-made sports car grips the road ... I could see how people might get used to this." The punch line of the story was that Obama's staff asked him to give up the practice, which was legal, because he was the Democrats' Senate point man on ethics reform. "It was the right thing to do, but I won't lie," he admitted. "The first time I was scheduled...
...herd of other Playmates. For those who preferred women with fewer opinions, there was a life-size Femlin model (note to Hef novitiates: Femlins are a hybrid of females and gremlins) atop a martini glass. There were drinks, celebs, giveaways - all in all, a classic one-two punch of nostalgia and naughtiness. (Read "10 Questions for Hugh Hefner...