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...format that can't yet be duplicated at home? Even Jeffrey Katzenberg acknowledges that 3-D won't be a major factor in home viewing for quite some time. And he's talking only about DVDs. What about pay-cable? How would HBO show the 3-D version of Monsters vs Aliens - on a separate, 3-D-only channel, with glasses that came with your cable bill...

Author: /time Magazine | Title: 3-D or Not 3-D: That Is the Question | 3/28/2009 | See Source »

...looser side, that packet of attributes that makes us American instead of Canadian: impatient, hell-bent, self-invented gamblers, with a weakness for blue smoke and mirrors. A certain fired-up imprudence was present from the beginning, but it required a couple of centuries for the most extravagant version of the American Dream to take hold: starting with the California Gold Rush in 1849 - riches for the plucking, with no adult supervision - we have been repeatedly wont to abandon prudence and the tedium of saving and building in favor of the fantastic idea that anybody, given enough luck and liberty...

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

...utterly international nature of our present economic hell makes it all the scarier. But in the long run, I think we will also see an upside: the meltdown amounts to a spectacular moment of global consciousness, this generation's version of the Apollo astronauts' iconic 1968 photograph of the earth from the moon - an unforgettable reminder that all 6.7 billion of us are in this together, profoundly and inextricably interdependent. (The sublime always has a bit of terror mixed...

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

...impossibly large leisure class. (That was always the yuppie dream: an aristocratic life achieved meritocratically.) Now that our age of self-enchantment has ended, however, each of us, gobsmacked and reality-checked by the new circumstances, is recalibrating expectations for the timing and scale of our particular version of the Good Life. Which, of course, fuels the ferocious anger at the Wall Street rich even now getting richer with subsidized eight-figure bonuses...

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

...Whether that kind of argument will convince fiscal conservatives and deficit hawks in Congress remains to be seen. Obama's visit to the other end of Pennsylvania Avenue came as the House and the Senate budget committees each introduced their own version of the bill, and less than a week after the Congressional Budget Office estimated that the 10-year shortfall would be $2.3 trillion greater than the White House's more rosy projections. Both chambers delivered on their recent promises to make sizable cuts to Obama's budget resolution, which is more of a blueprint for future spending than...

Author: /time Magazine | Title: Obama's Budget Fight Starts with His Own Party | 3/26/2009 | See Source »

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