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...being bailed out by the IMF, which most often works with developing nations that are facing severe economic problems. However, Greece and the EU must not be so proud as to turn up their nose at the only realistic alternative that does not entirely sacrifice Greek sovereignty or reach beyond the limited powers granted the EU. Giving Greece this slap on the wrist for its economic mismanagement would also encourage other troubled eurozone economies that may be counting on the cushion of Franco-German bailout to finally institute meaningful fiscal and economic reforms of their...

Author: By The Crimson Staff | Title: From Brussels with Love? | 3/4/2010 | See Source »

Currently, the IMF is largely sitting on the sidelines in an advisory role to Athens as France and Germany seek a European solution to what they think of as a European problem. But, as the pitfalls of a Greek collapse would extend far beyond EU borders, European leaders should be more open to the idea of an IMF-directed bailout than they currently...

Author: By The Crimson Staff | Title: From Brussels with Love? | 3/4/2010 | See Source »

Other variables beyond the question of time played important roles too. The Lusitania's passengers may have been more prone to stampede than those aboard the Titanic because they were traveling in wartime and were aware that they could come under attack at any moment. The very nature of the attack that sank the Lusitania - the sudden concussion of a torpedo, compared to the slow grinding of an iceberg - would also be likelier to spark panic. Finally, there was the simple fact that everyone aboard the Lusitania was aware of what had happened to the Titanic just three years earlier...

Author: /time Magazine | Title: Titanic vs. Lusitania: How People Behave in a Disaster | 3/3/2010 | See Source »

...Beyond the risk to the bikers, drivers sharing the road with the daredevils are also in peril, law-enforcement officials say. Drivers can change lanes having no idea that a racing bike is about to appear - and tragedy can easily strike. At first, the buzzing of an approaching high-speed motorcycle sounds like a gnat near your ear, then it suddenly becomes loud and threatening. Segui remembers a woman who heard that noise and jerked her steering wheel in the opposite direction, jumping a curb and crashing...

Author: /time Magazine | Title: Florida's Fast Motorcyclists Are a Growing Menace | 3/3/2010 | See Source »

While the secession remark drew derisive commentary, particularly beyond Texas, Perry is mining a historically rich Texas vein of independence. (Coincidentally - and helpfully for Perry - primary day on March 2 is also Texas Independence Day; Hutchison has tried to play on the coincidence with a "declare your independence from Perry" tour.) It is no accident that his final week on the campaign was dotted with economic-development press conferences and talk of balanced budgets in contrast to Washington ways. That message of Texas resiliency and fiscal conservatism resonates with Texans of both parties. A recent poll by the Texas Politics...

Author: /time Magazine | Title: How Rick Perry Turned Around the Battle for Texas | 3/2/2010 | See Source »

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