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...question before us is: When exactly did Jonathan Demme lose his sense of humor? Back in the '70s and '80s he was the best - or at any rate the most promising - young American director. He had a taste for American eccentrics, for the vagaries of life on the American road, and a talent that extended beyond fictional features to concert films and documentaries. In their day, Citizen's Band, Melvin and Howard, Something Wild and Married to the Mob had about them a sort of humane nuttiness, an ability to catch the fun and shrewdness of ordinary, if hard-pressed...

Author: /time Magazine | Title: Rachel Getting Married, Demme Getting Messy | 10/2/2008 | See Source »

...When rumors that the new Roosevelt Administration would devalue the dollar led to widespread flight from dollars into gold, the Fed raised the discount rate, setting the scene for the nationwide bank holiday proclaimed by President Franklin Roosevelt on March 6, 1933, two days after his Inauguration - a "holiday" from which 2,500 banks never returned...

Author: /time Magazine | Title: The End of Prosperity? | 10/2/2008 | See Source »

...media would be calling it "touching and credible" if a teen pregnancy had occurred in the Obama family. Everyone would be writing about the tragedy of teen pregnancy in the African-American community, the high school dropout rate of teen mothers and so on. Barack Obama's career would be under fire, and no one would be spinning myths to stop it. Catherine D. Nardi, CHICAGO...

Author: /time Magazine | Title: Cameron in Focus | 10/1/2008 | See Source »

...forthcoming book The Hip Hop Wars: What We Talk About When We Talk About Hip Hop - And Why It Matters. The average median household income in Riviera Beach is about $10,000 lower than that in the rest of the country, and the city's per capita violent-crime rate is higher than the city of Miami's, according to 2007 FBI figures released this month...

Author: /time Magazine | Title: A Saggy-Pants Furor in Riviera Beach | 10/1/2008 | See Source »

...there. The amount you can expect from a top-yielding certificate of deposit has fallen from about 5.5% to 4.25% over the past year, according to Bankrate.com. On the surface that seems to indicate banks aren't that worried - if they really needed cash, wouldn't they up their rates to attract more money? Well, over the same period of time, the federal funds rate has been cut from 5.25% to 2% - a much wider margin. "Banks are hungry for deposits, and that's why yields haven't fallen all that much," says Bankrate's McBride. And CD yields...

Author: /time Magazine | Title: The Credit Crunch: Where Is It Happening? | 9/30/2008 | See Source »

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