Word: spend
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...iPhone is the beauty, then the G1 is the brains. Sure, the Google phone lacks much of the iPhone's external finesse: it's thicker and has a slew of buttons and a slightly smaller screen. But spend more than five minutes with T-Mobile's G1, which runs on Google's new Android operating system, and you'll uncover its inner brilliance...
...Even so, the troubled U.S. homeowner is not among the priorities of those in Washington who are dishing out rescue funds. The Treasury Department plans to spend $250 billion of the $700 billion rescue package approved by Congress earlier this month on capitalizing banks. To the back burner went Treasury's original plan to buy up distressed mortgage bonds, and along with it the idea that such purchases could be used to pressure banks into giving better loan deals to homeowners facing foreclosure...
...economy? While CEO Eric Schmidt was characteristically measured and calm ("While we are realistic about the poor state of the global economy, we will continue to manage Google for the long term...") it looks like Google will emerge from Great Depression 2.0 bigger and stronger than ever. Spend some time with the balance sheet, and listen to Google's top execs - who jackjawed over an hour with analysts after the market closed today - and you can't help being a believer. If any company other than Budweiser is recession/depression proof, this could...
...Your cover, with its image of a line of men outside a 1930s soup kitchen, is a direct insult to those who lived through the Depression. If we can still spend $300 on an iPod, times can't be so bad. Yes, the economy is slowing, but not as severely as TIME has claimed. John Nicoletti, Naples, Florida...
...higher education adjusts to the needs of 21st century students, schools are trying to borrow from the campus culture of yore, when college kids spent evenings analyzing poetry in professors' quarters. Research indicates that students are more likely to be satisfied with school and become campus leaders if they spend time with faculty. Which is why the University of Arkansas at Fayetteville created Core Connections, which lets mostly freshmen opt to live in two dorms where attendance at faculty-planned events is required. The University of Maine now makes all frosh live together in dorms with new support networks. Ditto...