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Strapped consumers have long prioritized paying their mortgage before their credit cards. Losing your house, after all, was seen as worse than losing the ability to spend more than what was in your bank account. But falling housing prices, loan-modification programs and restricted credit have changed the calculus of what debts get paid first for many Americans. What's more, the recent credit-card reforms might make it more attractive for more consumers to put their credit cards before their home loan...

Author: /time Magazine | Title: Strapped Consumers Paying Credit-Card Bills Before Mortgages | 3/2/2010 | See Source »

...message still rings true. Student DJs across campus emphasize the intense, empathic relationship that develops between themselves and an elated (or simply drunk) audience. Ultimately, DJs find this relationship the driving motivation behind their practice: the opportunity to make a crowd happy. Indeed, student DJs, given the amount they spend on gear, the time they spend searching for new music, and the time they spend preparing for gigs, make a mere pittiance by comparison. Moreover, they rarely find opportunities to play music beyond a repetitive and narrow set of Top 40 hits. What’s left qualifies...

Author: By Alexander E. Traub, CRIMSON STAFF WRITER | Title: The Dutiful DJ | 3/2/2010 | See Source »

...bunch of places around campus at the end of sophomore year and just realized that to do that you have to stay on top of what music people are listening to. I wasn’t very good at that and didn’t want to spend so much time listening to T-Pain,” said VanMiddlesworth. Now, though, “I basically have retreated to the [Harvard] Advocate and my bedroom and the Internet,” he said...

Author: By Alexander E. Traub, CRIMSON STAFF WRITER | Title: The Dutiful DJ | 3/2/2010 | See Source »

...wrong weapons for the wrong war - a criticism he has consistently directed at the U.S. military as well during his three-year tenure, chiding it for buying wonder weapons for hypothetical wars while soldiers fighting in Afghanistan and Iraq lack armor and spy drones. "Despite the need to spend more on vital equipment for ongoing missions, the alliance has been unwilling to fundamentally change how it sets priorities and allocates resources," Gates said. He praised Denmark for giving up its submarine fleet - who knew? - in order to double the size of its expeditionary forces...

Author: /time Magazine | Title: As Afghan Role Dwindles, Doubts Grow About NATO's Future | 3/1/2010 | See Source »

...Despite the cutting-edge technology deployed by those members that are willing to spend, NATO is hamstrung by its decisionmaking structures, which include more than 300 committees, with 20 focused on intelligence alone. And this while many member countries aren't pulling their weight...

Author: /time Magazine | Title: As Afghan Role Dwindles, Doubts Grow About NATO's Future | 3/1/2010 | See Source »

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