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...believe it is extremely important for us to think deeply about how we not only re-size our activities, which is most of what we’ve done today,” Smith said. “Now is the time to really start thinking about reshaping these activities...
...stripping down and starting over. A platoon of TIME reporters and pollsters fanned out to every corner of the country to measure - anecdotally and empirically - what's changed in the way we set our priorities and spend our money since the Great Recession began. Most people think the pain will be lasting and the effects permanent: only 12% expect economic recovery to begin within six months, half believe it will be another year or two, and 14% believe we are at the start of a long-term decline. (See TIME's special report on how Americans have adjusted...
...power grid go black. The lights go out, air-conditioning (or heating) shuts down. Once it becomes clear that this is no temporary brownout, the public begins to panic. At the power utilities, engineers can't understand why the network shut off, and can't get it to start up again. It's hours before the truth emerges: a terrorist group (or a hostile country, or some evil-genius hacker) has broken into the computer networks that control the power grid, bringing the U.S. to its knees...
...most cases, damage done to the power supply can be undone. "In the banking system, if someone hacks the system and steals information about 500,000 credit cards, it's incredibly tough to undo that damage," says Mansoor. "But if a section of the power grid goes down, we start it up again...
...they could have read yesterday's New York Times, which reported that the Obama Administration is considering dropping the U.S. demand that Iran cease enriching uranium before any direct Washington-Tehran talks about Iran's nuclear program. This would explicitly reverse the Bush Administration's position that talks could start only after the enriching stopped. "If you're the North Koreans and you read that, you're naturally going to ask, 'Why not deal directly with us too?' " says an East Asian diplomat seasoned in North Korea diplomacy...