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...Bernanke-Greenspan point of view is that averting Great Depression--style financial meltdowns by opening the federal monetary spigot is a good thing. The doom guys (who usually refer to Bernanke as "Helicopter Ben") argue that this is short-sighted. Without occasional, and painful, unravelings of debt and speculation, debt and speculation inevitably get out of hand. It's a stark, almost Puritan way of looking at the world, and it has been out of step with economic reality for the past quarter-century. But that doesn't mean it always will...

Author: /time Magazine | Title: The Armageddon Gang | 3/30/2007 | See Source »

...alerting them to the funding cuts 45 minutes before the governor's press conference. "We asked the administrator of the program if women had complained about going to Planned Parenthood, and she said we'd been a very good partner. We could get people in quickly, have them seen, refer them to treatment quickly if they needed...

Author: /time Magazine | Title: Playing Politics With Cancer Screening | 3/25/2007 | See Source »

...Tokyo in 1945, yet started the epic all over again, even as he lost all sight in his right eye and most in his left. One Japanese word for the rainy season, baiu, can be written out to suggest the scent of "plum rain," Dalby informs us-or to refer to the smell of "mold rain." Poetry and practicality, in other words, converge...

Author: /time Magazine | Title: Japanese Hybrid | 3/22/2007 | See Source »

...happened that day in Fallujah. But they also want to press their claims that Blackwater, in its zeal to exploit this unexpected market for private security men, showed a callous disregard for the safety of its employees. In the process, the case of the Fallujah Four, as some now refer to them, has stirred a nest of questions about accountability, oversight and regulations governing for-profit gunslingers in war zones...

Author: /time Magazine | Title: Victims of an Outsourced War | 3/15/2007 | See Source »

...injured on the roads. His self-financed foundation is part scientific institute, part environmental lobby, part zoo. His latest project is to have Port Gentil's schoolchildren plant thousands of palm trees around town. If his oil industry friends thought he was crazy before, he confides, they now openly refer to him as Deng Deng, a term from the local Fang language that loosely translates as "Hot Brains...

Author: /time Magazine | Title: The World's Most Expensive City | 3/14/2007 | See Source »

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