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...beginning of the week and began lobbying for $775 billion in stimulus spending over the next two years, the nation's economists - at least the ones who are listened to in Washington - expressed near unanimous support. This support showed no signs of wavering when the Congressional Budget Office projected Wednesday that even before any new spending, the federal deficit will top $1.2 trillion this year. As Obama summed it up in a speech at George Mason University on Thursday, "There is no doubt that the cost of this plan will be considerable. It will certainly add to the budget deficit...

Author: /time Magazine | Title: Will Obama's Stimulus Package Work? | 1/9/2009 | See Source »

...deliveries to Germany abruptly stopped this week, Merkel went into action to try to keep the political conflict between Russia and Ukraine from escalating and to ensure the long-term security of gas supplies. She called Russian Prime Minister Vladimir Putin and his Ukranian counterpart Yulia Tymoshenko on Wednesday, persuading them to allow European experts to help resolve the conflict...

Author: /time Magazine | Title: Merkel Moves to Heat Up German Economy | 1/8/2009 | See Source »

...under investigation for auctioning off is preposterous. Democratic leadership was right in originally attempting to stall Burris’ inauguration, and they should have continued to do so long enough for Blagojevich’s impeachment proceedings to fully run their course. Instead, party leaders conceded on Wednesday to clear a path for Burris provided that he receives the endorsement of the Illinois secretary of state and demonstrates to Illinois legislators on Thursday that no impropriety tainted his appointment. These conditions miss the point. Even if Burris was not involved in any shady dealings, the allegations against Blagojevich call...

Author: By The Crimson Staff | Title: Much Ado About Illinois | 1/8/2009 | See Source »

Yale introduced Jacksonville Jaguars assistant Tom Williams as its new head coach on Wednesday, and Williams wasted no time declaring “We’re going to beat Harvard. We’ve got to turn The Game back into a rivalry.” Williams played linebacker at Stanford, earning a Rhodes Scholar nomination his senior year. He captained the Cardinal to a share of the 1992 Pacific-10 Conference title. Williams began his coaching career as a graduate assistant under Bill Walsh at Stanford. He then moved to Hawaii, where he coached for three seasons, then...

Author: By Crimson Sports Staff, CRIMSON STAFF WRITER | Title: SPORTS BRIEF: Yale Announces Jaguars Assistant Tom Williams as Head Football Coach | 1/8/2009 | See Source »

...Jerusalem, the Israeli Cabinet is readying for a massive ground assault on Gaza City's densely populated maze of alleys, where thousands of Hamas fighters await with booby traps and other nasty surprises - and hundreds of thousands of civilians cower. Israeli planes dropped leaflets on Wednesday calling for the evacuation of more than 20,000 Gazans from their homes near the Egyptian border crossing of Rafah, so that the Israelis can begin bombing to destroy a network of smugglers' tunnels along the border...

Author: /time Magazine | Title: Prospects for a Truce Still Dim in Gaza | 1/8/2009 | See Source »

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