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...takeaway for liberals was clear: In such a situation, government must spend rapidly and lavishly to avoid a similar fate. This month, Geithner pledged that the administration was “going to do our best” to eschew Japan’s example. Last October, Summers compared the downturn to our current recession in a Financial Times column. And, in his first White House press conference, Obama warned that if Washington dithered, the U.S. might suffer a “lost decade” like Japan...

Author: By Brian J. Bolduc, CRIMSON STAFF WRITER | Title: The Best and Brightest | 2/16/2009 | See Source »

...Correa the chance to govern until 2017. Correa first won in 2006; Ecuador's new constitution allows him to run for a four-year term in a special election this year, and then another in 2013. Bolivia's leftist President, Evo Morales, who was elected in 2005, won a similar reform in a referendum last month. The question now is whether both leaders will eventually follow their ally Chavez's lead and seek the right to run for re-election indefinitely. Elsewhere, political watchers are waiting to see if Argentina's President Cristina Fernandez, along with her predecessor and husband...

Author: /time Magazine | Title: What Chávez Win Means for Latin American Democracy | 2/16/2009 | See Source »

...collision between a British nuclear-powered submarine carrying multiple nuclear warheads and a French nuclear submarine armed with a similar payload may have been the result of lack of communication between France and NATO nations, according to a former British submarine commander whose revelations were partially corroborated by an official at the French navy...

Author: /time Magazine | Title: Did France's Secrecy Cause a Nuclear-Sub Collision? | 2/16/2009 | See Source »

...game.” A win against Cornell may give the Crimson the extra motivation and confidence they need for a successful end to its season. Last year, after losing to Boston College in the Beanpot, Harvard went on a seven-game unbeaten streak. The Crimson looks for a similar boost against the Big Red this season. However, Cornell will be a formidable challenge to the Crimson. Not only does the defensive Cornell team have an impressive record, but also a highly skilled goaltender in Ben Scrivens who is ranked first nationally in save percentage and shutouts. He is also...

Author: By Kerry E. Kartsonis, CRIMSON STAFF WRITER | Title: Rivalry Renewed as Big Red Comes to Town | 2/13/2009 | See Source »

...calculating new Chancellor of the Republic, an Austrian named Adolf Hitler, made sure that German democracy ceased to exist after that election. Almost 76 years later, on February 15, 2009, Venezuelans will face a similar vote in a referendum proposed by President Hugo Chávez to allow him to “seek re-election indefinitely.” In order to preserve their democracy, they ought...

Author: By Pierpaolo Barbieri | Title: Voting Democracy Away | 2/13/2009 | See Source »

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