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...President-elect rode the rails to his Inauguration, his normally buoyant spirits muted by a passing landscape of shuttered factories and municipalities in default. A quarter of the nation's workforce was unemployed; what remained of its credit system was on life support. By the time Franklin Roosevelt reached Washington on the evening of March 2, local hotels were refusing to accept out-of-state checks. Eleanor Roosevelt wondered how her family would pay its tab at the Mayflower...

Author: /time Magazine | Title: The Ghosts of '33 | 1/15/2009 | See Source »

...over Skype that Paris would be the most amazing place in the world if we could just get rid of the French. He suggested that such negativity was perhaps not the key to optimizing my experience, so I tried hard to change my tune. Yet, amidst the riddling systems that structure quotidian life in Paris, my American sensibility and logic left me wondering what this cultural mentality was really all about.Mon exemple préféré: working out. In response to my obligation to morning croissants, I resolved to break a sweat each day by running. My scenic...

Author: By Francesca T. Gilberti, CRIMSON STAFF WRITER | Title: Learning to Make a Dream | 1/15/2009 | See Source »

...exchanged some thoughts about the election, saying that I must be excited, asking if I’d voted. His speedy mumbling had become much more intelligible to me at this point, but I was still sweating a little from the attention.“And the electoral system? It just doesn’t make any sense.” He offered a series of condescending observations as I squirmed in my seat. “Why don’t you do something about it?”“Well, um, a few states have adopted...

Author: By Amanda C. Lynch, CRIMSON STAFF WRITER | Title: Oh Say Can You Sí | 1/15/2009 | See Source »

...urgency of action once they take office. "I agree with Larry [on macroeconomic policy] - or maybe I should say Larry agrees with me," Geithner has joked. And as Treasury Secretary, he will oversee the most critical component of any sustainable recovery plan: getting a still wounded financial system functioning again. Colleagues say Geithner is loyal to Paulson, but that doesn't mean "he would have done things exactly the way [Paulson] did them," says a source. Geithner, for example, wants to overhaul the dysfunctional, taxpayer-funded Troubled Asset Relief Program (TARP) - initially intended to buy bad assets from banks...

Author: /time Magazine | Title: Can Tim Geithner Lead the Economy Out of Its Mess? | 1/14/2009 | See Source »

...give guests something a little different from the minibar-and-flat-screen experience so familiar from their business trips. Which means no minibar chilling tiny bottles of vodka and $5 peanuts, just an "honesty fridge" stuffed with San Miguel, lemon sodas and ice cream. No bells-and-whistles entertainment system, but a TV discreetly placed in each room and a library of children's DVDs to choose from. And in the restaurant, no culinary chemistry of foams or jus, just a beautifully simple $42 four-course dinner that makes liberal use of the figs, olives, oranges and lamb grown...

Author: /time Magazine | Title: Majorca, an Island of Calm | 1/14/2009 | See Source »

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