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...couldn't renegotiate. In fact, there was plenty of anecdotal evidence in the business press to suggest that was exactly what was happening, that companies were locking in funding not to invest, but to hoard cash for worse times ahead. It wouldn't be hard to imagine regular people doing the same thing with home equity lines of credit. When it came to lending between banks and the commercial paper market, the economists pointed to a shift toward shorter-term lending. Even if overall volumes were holding steady, a reliance on overnight loans would nonetheless indicate that lending wasn...

Author: /time Magazine | Title: Is There Really a Credit Crunch? | 12/24/2008 | See Source »

...each other advice on crafting services that are broken down into digestible segments that will "hold the attention" of infrequent church-goers. (They also devote considerable space to trading concerns about the fire hazards posed by those Christmas Eve candles their congregants love holding.) One pastor said he considered regular Sunday services at his church to be "seeker-friendly," but holidays like Christmas and Easter were "seeker-focused." The irony is that by holding Christmas Eve services that cater to first-time visitors and shuttering their doors on Christmas Day, churches often fail to meet the spiritual needs of their...

Author: /time Magazine | Title: Going to Church on Christmas: A Vanishing Tradition | 12/24/2008 | See Source »

...here's a challenge. Start a new tradition in the New Year: a regular Sunday-night Scrabble smackdown; a spring clothing drive; a rule that every time Mom or Dad swears, they put a dollar in the charity box that gets distributed on New Year's Eve. At their best, traditions make us better; at the very least, they remind us how far we've come and how lucky...

Author: /time Magazine | Title: Listen to the Kids | 12/17/2008 | See Source »

...said. “It will basically be me sitting in the basement trying to count 350 rings and stop the bells.” The synchronous ringing may last longer than 10 minutes, in which case the event will override Memorial Church’s regular 4:00 p.m. bells. —Staff writer Mac McAnulty can be reached at mcanulty@fas.harvard.edu...

Author: By Mac Mcanulty, CRIMSON STAFF WRITER | Title: Church Bells Go Green | 12/15/2008 | See Source »

...recommend her; Kennedy's celebrity status and high name recognition would make it easy for her to raise money, which is an important consideration, because whoever is appointed to the seat will face a special election in 2010 and yet another campaign in 2012, when the seat's regular term expires...

Author: /time Magazine | Title: Is Caroline Kennedy Ready for the Senate? | 12/15/2008 | See Source »

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