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...after that intersection of praising the American spirit, Obama and Buffett part ways violently when it comes to the economy. The investor's view is plainly stated: "We're certain, for example, that the economy will be in shambles throughout 2009 - and, for that matter, probably well beyond - but that conclusion does not tell us whether the stock market will rise or fall." He also believes that the government's intervention in the financial system, while necessary, will eventually cause a dangerous inflation. (See pictures from the Berkshire Hathaway Annual Shareholders' Meeting...

Author: /time Magazine | Title: Who's Right: Buffett or Obama? | 3/2/2009 | See Source »

...president's team of financial experts has predicted that the economy will grow by 3.2% next year, 4% in 2010, and 4.6% in 2012. It would be hard to find a well-regarded forecast which is that optimistic. The IMF has a much darker view of the pace of economic recovery. Even the organization that produces the Blue Chip Economic Indicators survey, known for only talking to the most optimistic experts, has estimated economic expansion far short of those used in the Budget...

Author: /time Magazine | Title: Who's Right: Buffett or Obama? | 3/2/2009 | See Source »

...California may be lighting the way ahead for the rest of the failing U.S. economy. If so, one of the prominent features of its decline is that the government could not prevent it. The easy argument against that view is that a state cannot print money to sustain its economy. That is true, but there still is not any proof that printing money at the federal level will buy the country out of a pathological state which is destroying sixty years of the fruits of American capitalism...

Author: /time Magazine | Title: Why the Migrant's Dream Has Ended in California | 3/2/2009 | See Source »

...universally allow caskets to be photographed by the media. These types of bans arise more out of political considerations than a concern for the honor of the dead. During the Vietnam War, photographs of military caskets proved politically dangerous to war supporters as they allowed the public to view and understand the mortal realities of combat. According to USA Today, the term “Dover Test,” for the Air Force base in Dover, Del., where the coffins arrived, came to indicate a test of the public’s tolerance for rising casualties in Vietnam...

Author: By The Crimson Staff | Title: Captured Reality | 3/2/2009 | See Source »

...seconds remaining in the game. The officials immediately ruled no goal because the player had kicked it in, but the play was hotly contested by the Bobcat bench“I don’t have an opinion other than I didn’t have a great view of it,” Donato said. “But regardless of what the call was, the referee was in a great position to make the call and that’s first and foremost; secondly, we don’t have replay available at our building just...

Author: By Courtney D. Skinner, CRIMSON STAFF WRITER | Title: Crimson Sneaks Past Quinnipiac | 3/2/2009 | See Source »

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