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Money Worries The article by Michael Grunwald "How to Spend the Stimulus" has certainly a lot of merits [Feb. 16]. However, if he supported President Obama he would be well advised to use different language when he talks about energy-producing countries. It is totally inappropriate to talk about "... reducing dependence on environmentally disastrous fossil fuels which increases the power of America's enemies ..." or "... increases carbon emissions and empowers foreign thugs." This is the language that was used in the previous Administration - Obama would never use it - and probably does not appreciate it from his fellow Americans. Paul Teichmann...

Author: /time Magazine | Title: The Self-Purifying Trend | 2/25/2009 | See Source »

...turbines are owned collectively by resident associations, with members chipping in to buy a slice of wind power. ("If you let people become a part of the solution," says Hermansen, "it works better.") Others are owned by single investors like Jorgen Tranberg, a dairy farmer. Tranberg, who likes to spend his spare time watching his cows on closed-circuit TV ("It's better than the news"), believes Samso's success could be replicated elsewhere. "We're not special people here," he says...

Author: /time Magazine | Title: Denmark's Wind of Change | 2/25/2009 | See Source »

...stimulus, while making clear that the problems were inherited. But too much grim talk runs the risk of becoming self-fulfilling. As White House economists will explain, the worst fears of an economic spiral involve a self-perpetuating collapse in consumer confidence that leads to a deflationary spiral: people spend less, so people have less to spend...

Author: /time Magazine | Title: Five Things to Look For in Obama's Speech | 2/24/2009 | See Source »

...fourth-quarter earnings. The winter months, or "wave season," are its busiest period; yet onboard traffic at many lines is down at least 25%. But the more important reason cruise lines are desperate to sell tickets is that their real revenue comes not from fares but from onboard spending. The industry's dilemma, says Carolyn Spencer Brown, editor of CruiseCritic.com, is that "if it takes fares this low to get me onboard, am I really going to spend that much in the casino or on the bottle of wine at dinner?" Says Yeary, "I do plan to be a little...

Author: /time Magazine | Title: How to Save in the Recession? Take a Cruise | 2/24/2009 | See Source »

...Carnival; even $699 for seven days in Europe on the more upscale Celebrity. In fact, says Ken Heit, sales director at World Wide Cruises in Ft. Lauderdale, "If you live in an expensive city like San Francisco, Chicago or New York, it might be cheaper right now to spend a week on a cruise ship than to stay at home." (See pictures of the last voyage...

Author: /time Magazine | Title: How to Save in the Recession? Take a Cruise | 2/24/2009 | See Source »

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