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Two monster snowstorms blanketed the northeastern U.S. in a single week, temporarily shutting down the federal government (at a cost of $100 million per day) and closing schools up and down the East Coast. Airlines canceled thousands of flights, while thousands of homes in Washington--where winds reached up to...

Author: /time Magazine | Title: The World | 2/22/2010 | See Source »

In 1973, 100 Greek Drachmas would get you $3.33. By May 2000, that was down to 27¢. That's the way the currency crumbles in a smallish, less than rich nation beset by government budget deficits, inflation and a spotty record of economic policymaking. Convincing foreign investors to buy your...

Author: /time Magazine | Title: Echoes of Greece's Debt Crisis | 2/22/2010 | See Source »

'I wrote down hope and change just in case I forgot.'

Author: /time Magazine | Title: Verbatim | 2/22/2010 | See Source »

You can break down reality TV roughly into two major subgenres. The first - the big competition-event show - descends from Survivor and includes most of reality's big hits: Idol, The Bachelor, The Amazing Race, The Biggest Loser, Project Runway. These shows mainstreamed reality TV for bigger, broader (and older...

Author: /time Magazine | Title: Reality TV at 10: How It's Changed Television — and Us | 2/22/2010 | See Source »

Put all these factors together, and reality TV's endless stream of candidates seems inevitable. Every winter, American Idol's audition rounds attract a deluge of self-created characters, who have the formula for getting on national TV down to a science. "I'm the crazy accordion lady/ This is...

Author: /time Magazine | Title: Reality TV at 10: How It's Changed Television — and Us | 2/22/2010 | See Source »

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