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...FDIC has a clear message for Americans who are beginning to awaken to the size of the problem: Don't panic. Banks will fail, but it is highly unlikely that depositors will lose their money. The FDIC now guarantees up to $250,000 in individual deposits at the banks it insures. And by law it gets its hands on a failed bank's assets before any other creditors do. FDIC chair Sheila Bair is eager to talk about how no insured depositor has ever lost a penny of his or her deposits...

Author: /time Magazine | Title: US Bank Failures ... And Counting | 10/13/2008 | See Source »

...lefty filmmaker Michael Moore, Malone's character is played by Kevin Farley, brother of the late comic Chris Farley. The actor shares Moore's blocky build but not his politics: in real life, Farley is a Republican. So are the actors who play three ghosts who visit Malone to awaken his patriotism--Kelsey Grammer as George Patton, Jon Voight as George Washington and Chriss Anglin as Republicans' favorite Democrat, John F. Kennedy. Conservative country singer Trace Adkins shows up as the angel of death, and Bill O'Reilly plays another imposing figure: himself. To persuade Malone, the ghosts frighten...

Author: /time Magazine | Title: Hollywood Conservatives | 10/2/2008 | See Source »

These are bleak truths that Carrie Bradshaw could never grasp. Her life in Sex and the City is a fairy-tale fever dream of shopping and dating from which she will never awaken, no matter how many princes kiss her. She wouldn't last an hour at One Fifth Avenue. Bushnell knows this. She even slyly hints at it: Lola, the gold digger, "had watched every single episode of Sex and the City at least, as she claimed, 'a hundred times.'" Lola arrives in Manhattan expecting--nay, demanding--a West Village apartment and a Mr. Big. Suffice...

Author: /time Magazine | Title: Text and the City | 9/25/2008 | See Source »

...putting an end to partisan bickering? Reaching across the aisle to share focus groups? The lifeblood of the world's largest economy was clotting, but the men who would be President answered with shared simplifications: muttered prayers to the god of oversight, an idle hope that taxpayers might awaken one day to a windfall, and the timeless amusement of humble millionaires bashing arrogant millionaires on behalf of folks who may never breathe debt-free...

Author: /time Magazine | Title: Who Can Lead Us Out of This Mess? | 9/25/2008 | See Source »

...does it add to our understanding? What do tests help you predict? You’d find a lot of them equate these tests with intelligence. It’s not an intelligence test.”It is certainly refreshing to see leading figures in American higher education awaken to the fact that a high SAT score does not necessarily equal a qualified college candidate. That said, they should not act upon that discovery by abolishing consideration of the test without proposing a viable alternative to discriminate between certain college applicants. Flawed though it may be, the SAT, along...

Author: By The Crimson Staff | Title: UnSAT | 9/24/2008 | See Source »

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