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...unrestrained buildup of U.S. government debt - and the likely need to print money as a result - would inevitably undermine the dollar's value. "Unchecked greenback emissions will certainly cause the purchasing power of currency to melt," the sage of Omaha wrote. "The dollar's destiny lies with Congress." Richard Portes, a professor of economics at the London Business School, believes that central banks will increasingly see other currencies, especially the euro, as more reliable storehouses of value. "The idea that there is no place to go is wrong," Portes says. If that's the case, the dollar better hope...

Author: /time Magazine | Title: Is the Dollar Dying a Slow Death? | 11/6/2009 | See Source »

...speed, and requires the nuanced complexity, of literature. Power has drifted from State to the National Security Council and the Pentagon, especially in wartime. Only a few of Clinton's recent predecessors have distinguished themselves. Henry Kissinger, a National Security Adviser who belatedly became Secretary of State, was Richard Nixon's schizophrenic alter ego; George Shultz was a strong policy voice in the Reagan Administration; James Baker had clout because he was George H.W. Bush's best friend and a world-class dealmaker. Most of the others have been frustrated or forgettable. And yet this is Hillary Clinton...

Author: /time Magazine | Title: The State of Hillary: A Mixed Record on the Job | 11/5/2009 | See Source »

...naming Clinton, Obama brought his most popular potential opponent into the tent. The conventional wisdom, too cynical by half, is that he thereby succeeded in neutering her, a theory bolstered by Clinton's reticence during her first nine months on the job, with special envoys like Mitchell and Richard Holbrooke doing the heavy lifting of diplomacy. But by naming Clinton, Obama also gave her great power, which cuts both ways: if she becomes dissatisfied with her role or the Administration's policies, she can become a torpedo aimed at the Oval Office. Colin Powell had similar power and a real...

Author: /time Magazine | Title: The State of Hillary: A Mixed Record on the Job | 11/5/2009 | See Source »

...candidates were announced in order of decreasing vote count: Nancy Tauber, Richard N. Harding, Jr., Marc C. McGovern, Alfred B. Fantini, Nolan, Turkel, Joseph G. Grassi, Steinert, and Charles L. Stead, Sr.Of this list of nine, the first six are to seat the school committee for the next two years...

Author: By Rediet T. Abebe, CRIMSON STAFF WRITER | Title: School Election Results Announced | 11/4/2009 | See Source »

...staunch resistance of politically potent Cuban-American voters. But the newest bill, the freedom to travel to Cuba act, introduced this year in both the House and Senate, suddenly has Cuban-American backing - and as a result a decidedly better chance of passing. In a recent statement, Indiana Senator Richard Lugar, a Republican and co-sponsor, called this "a very good time for public diplomacy with Cuba."(See a photoessay about the fading sound of Salsa in Cuba...

Author: /time Magazine | Title: Could the U.S.-Cuba Travel Ban End Soon? | 11/4/2009 | See Source »

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