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...huzzahs of the fall, the London Royal Court theatre's production of Chekhov's The Seagull. Kristin Scott Thomas is the biggest star name in this one, and as Arkadina, the aging actress around whom revolves a typically Chekhovian slice of unhappy provincial life, she's just fine, if somewhat less the diva than I imagine Arkadina on the page. Indeed, the whole cast deserves high grades (though Peter Sarsgaard, an American ringer among the Brits, brings down the curve a bit). What bothered me was the fussy and ponderous direction by Ian Rickson. From the famous first line...

Author: /time Magazine | Title: Katie Holmes on Broadway | 10/31/2008 | See Source »

Seven years ago, as Brokaw pointed out, McCain himself was sounding redistributionist, complaining about President Bush's tax cuts. Campaigning against Bush in 2000, he said that "when you ... reach a certain level of comfort, there's nothing wrong with paying somewhat more." Obama has said no more than this, except to set the "level of comfort" at $250,000, which is pretty comfortable. McCain is free to argue that Obama will raise taxes on people making less than $250,000. My bet is that whoever wins the election will be forced to. But his apparent belief that the very...

Author: /time Magazine | Title: Obama, the Wealth Spreader | 10/31/2008 | See Source »

...know a guy who did this and was very successful despite living in a modest suburban house. True, the suburb was on the outskirts of Tokyo, where zoning laws are less restrictive than in the Bay Area, where I live. And, yes, karaoke is somewhat more popular over there. But I am an American. Where others see the impossible, we see a way to make a buck...

Author: /time Magazine | Title: Battling the Recession with My Own Karaoke Bar | 10/30/2008 | See Source »

...that wouldn't be the end of it. In November 2002, during his first stint on the Fed - as a mere member of the board, not the chairman - Bernanke gave a now somewhat infamous speech about what central banks could do to fend off deflation even after short-term interest rates hit zero. The Fed could target longer-term interest rates, he argued. It could buy private securities, not just Treasuries. It could, figuratively speaking, drop money out of helicopters...

Author: /time Magazine | Title: What the Fed's New Interest-Rate Cut Really Means | 10/30/2008 | See Source »

...journey from draft to federal law has always been my favorite. Harvard has a very different process for passing a bill, and by a bill I mean a change in policy. Unfortunately the administration has not yet come up with a helpful song to explain it, but this somewhat convoluted process can facilitate important discussion as long as everyone involved with it is candid about his or her views from the outset. In addition, Dean of the College, Evelyn Hammonds has both the perspective of a faculty member and a background in administration at the Provost’s office...

Author: By Matthew L. Sundquist | Title: University Hall Rock | 10/29/2008 | See Source »

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