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...stone, and so the eagerly watching British media sputtered when the First Lady of the United States, Michelle Obama, briefly put her hand on the back of Queen Elizabeth II as the two chatted at a reception. Etiquette is quite stern about this ("Whatever you do, don't touch the Queen!"). In 2000 John Howard, then Prime Minister of Australia, got plenty of criticism for apparently putting his arm around the Queen to direct her through a crowd. He denied actually touching her, but photographs suggest that he came quite close. (Another former Australian Prime Minister did put his hand...

Author: /time Magazine | Title: The Queen and Mrs. Obama: A Breach in Protocol | 4/1/2009 | See Source »

Although the hedge-fund industry has long relished the light touch of lawmakers and financial regulators, a new era is dawning for largely unregulated financial institutions, and rightly so. The huge systemic risks associated with hedge funds and other unregulated firms in the financial system have a ruinous potential in our economy. Yet these bodies have been allowed to operate with a minimal level of oversight for years. Treasury Secretary Timothy Geithner’s call for an expansion of financial regulation and increased transparency faces a long struggle through Congress but will prove a crucial framework for promoting future...

Author: By The Crimson Staff | Title: The End of Under-Sight | 3/30/2009 | See Source »

Narayan is going to touch my face lightly and move some tension out of it. So I was a little surprised when she told me to take off my clothes, since I wasn't wearing any clothes on my face. Narayan explained that clothes would get in the way of my bad energy's exit and keep me from being relaxed. She does not understand that the last time I felt relaxed while I was naked was at 9 months old. But lying there under a sheet in the dimly lit room, chimes going off around me, a hot lavender...

Author: /time Magazine | Title: Spas Are So Yesterday | 3/26/2009 | See Source »

...Optimalist" Most people would define optimism as being eternally hopeful, endlessly happy, with a glass that's perpetually half full. But that's exactly the kind of deluded cheerfulness that positive psychologists wouldn't recommend. "Healthy optimism means being in touch with reality," says Tal Ben-Shahar, a Harvard professor who taught the university's most popular course, Positive Psychology, from 2002 to 2008. "It certainly doesn't mean being Pollyannaish and thinking everything is great and wonderful...

Author: /time Magazine | Title: A Primer for Pessimists | 3/26/2009 | See Source »

...time to ratchet back our wild and crazy grasshopper side and get in touch with our inner ant, to be more artisan-enterpriser and less prospector-speculator, more heroic Greatest Generation and less self-indulgent baby boomer, to return from Oz to Kansas, to become fully reality-based again...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

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