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...Academy allotted three, then five slots to the Best Picture nominees. In 1932, eight movies were cited; in 1933, 10; in 1934 and '35, 12; then 10 nominees in the next eight years. Looking back, we can say the category rose to accommodate a burgeoning supply of first-rate films. And different kinds of films, even one in a foreign language: Jean Renoir's La grande illusion, on the 1938 list. (Read "How the Oscars Became the Emmys...

Author: /time Magazine | Title: Why the Oscars Need 10 Nominees | 6/25/2009 | See Source »

...also made clear his view that the latest rounds of federal spending have averted crisis and set the stage for a shallow economic recovery with modest inflation. Longer term, he believes the U.S. will be growing at only 1.5% to 2% a year, well below the historical growth rate of 3%, a shortfall resulting from ongoing consumer deleveraging and frugality and slow growth in business credit...

Author: /time Magazine | Title: Is the Stock Market Cheap or Expensive? | 6/25/2009 | See Source »

...named one of America's worst governors by TIME, which cited South Carolina's high unemployment rate and low bond rating...

Author: /time Magazine | Title: Straying Governor Mark Sanford | 6/25/2009 | See Source »

...with 1 indicating participation in various social activities once a year, and 5 showing activity every day or nearly every day - a one-point difference in social activity corresponded to a five-year difference in motor function. With each one-point drop on the social-activity scale, study participants' rate of physical decline increased 33%. In participants whose score fell one point over the course of a single year, that translated to a 40% increased risk of death and a 65% higher risk of a disability...

Author: /time Magazine | Title: In Old Age, Friends Can Keep You Young. Really | 6/24/2009 | See Source »

...catching," Obama said to Tapper after he compared Obama's thinking to that of a Vulcan. "The reference to Spock - is that a crack on my ears?" Tapper assured him it was not. When Bloomberg's Hans Nichols asked the President to predict the peak of the unemployment rate, the President smiled again, as if he was dodging a bad pass. "Since you just threw back at us our last prognosis, let's not engage in another one," he said. (Read "Barack Obama's First 100 Days...

Author: /time Magazine | Title: The Press Stops Playing Nice with Obama | 6/23/2009 | See Source »

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