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...Some economists - for now a minority, to be sure - believe the U.S. is at serious risk of a deflationary spiral, even if just a quarter ago, inflation was above the Fed's comfort zone of 2% to 3%. "Compared to Japan's problem a decade ago, this crisis is unfolding much faster and spreading wider due to financial globalization," says Shanghai-based independent economist Andy Xie. A financial system unable or unwilling to lend, a tapped out U.S. consumer, and business now retrenching - and laying people off - all are a formula for possible deflation. What's so wrong with declining...

Author: /time Magazine | Title: The Rising Threat of Deflation | 11/6/2008 | See Source »

Water Quality: The Bush Administration is proposing to weaken one rule that dates back to President Ronald Reagan, no friend of regulation himself. Currently there is a 100-foot buffer zone around streams, designed to protect them from the polluting byproducts of mining operations. The White House would extend that protection to other bodies of water, like lakes and wetlands, but tweak the regulation in way that could allow significantly more water pollution overall, by effectively reclassifying valley fills and other waste from mining as non-pollutants. That's damaging to mountaintop areas, especially in the coal-rich Appalachians...

Author: /time Magazine | Title: George W. Bush's Last Environmental Stand | 11/5/2008 | See Source »

...difference for us in the last two games,” said Harvard coach Ted Donato ‘91. “There’s a lot of stick violations that are costing us, and certainly when we take half a dozen penalties in the offensive zone that far away from our net, those aren’t good penalties. I think we were overconfident today with a very good penalty kill and very good goaltending, but we can’t continue to play with fire like that—that’s two games...

Author: By Courtney D. Skinner, CRIMSON STAFF WRITER | Title: Crimson Schools Engineers for Second Win | 11/5/2008 | See Source »

...Junction, Colo., for a final rally, along with a visit to volunteers in New Mexico. (The pilot of Straight Talk Air was forced to abort the initial landing in Albuquerque because of winds and heavy turbulence. We circled around and landed. Press cheered and sang "Highway to the Danger Zone," a regular campaign rally favorite...

Author: /time Magazine | Title: Election Day Dispatches: It's Morning for the Kenyan Obamas | 11/4/2008 | See Source »

Maybe you like hi-tops. Maybe you are more of a low-rider. Maybe you want a single-colored shoe, maybe you crave a rainbow. Whatever your preference, there is something for you. But you shouldn’t be afraid to venture outside of your comfort zone when making fashion choices...

Author: By Erinn V. Westbrook, CRIMSON STAFF WRITER | Title: Out-of-Control Colorful Sneaks | 11/3/2008 | See Source »

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