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Still, it's not just partisan hacks and Chicken Littles who are worried about the dollar. There are (at least) three good reasons to fret. First, the events of the past 14 months have made predictions of impending economic doom seem a lot more credible than they used to. When Faber forecasts not only a worthless dollar but also a "collapse of our capitalistic system as we know it today," it's impossible to dismiss him out of hand. Second, the data point that has dollar worriers most alarmed - burgeoning U.S.-government debt - is for real. Finally, the global monetary...

Author: /time Magazine | Title: The Dollar in Danger | 11/16/2009 | See Source »

...worry vaguely? Think twice about traveling to Europe, maybe, because it's really expensive. Hope a somewhat weaker dollar will help revive this country's beaten-down manufacturing sector - as seems to be happening - but also hope a dollar slide doesn't turn into a collapse. And put at least some of your money into investments (foreign stocks, gold, other commodities) that stand a chance of thriving even if the dollar doesn...

Author: /time Magazine | Title: The Dollar in Danger | 11/16/2009 | See Source »

...competition, it turns out, improves capitalism, even among the members of society least capable of doing math. "The dispensaries have really made my drug dealer step up," my friend told me. Not only is the dealer now charging $100 for a quarter ounce, compared with the $120 he'd charged for decades, but he has also started offering home delivery instead of shady parking-lot meetings. "He got more reliable. He used to be, 'Yeah, I can't do it today. Maybe tomorrow.' Sometimes you'd page him, and he'd never call you back. Now I'm like...

Author: /time Magazine | Title: Let's Bail Out the Pot Dealers! | 11/16/2009 | See Source »

...Street inspired a new approach to children's programming, other formats were faltering. Sitcoms like Gilligan's Island began to push out locally produced kids' shows, while animation studios like Hanna-Barbera offered their own distractions. In 1990 the Children's Television Act required that all stations air at least three hours of educational programming a week, prompting a brainteasing revolution. Preschool kids now learn problem-solving from Blue's Clues, teamwork from Wonder Pets! and Mandarin from Ni Hao, Kai-lan. Good thing they already know how to get to Sesame Street...

Author: /time Magazine | Title: Brief History: Children's Television | 11/16/2009 | See Source »

...reasons the movie is ultimately stronger than the book. Push had the inevitable self-consciousness of something written in dialect; it spoon-fed us Precious' illiteracy along with her shattered innocence. If you didn't understand something in the text, you could move on, sure you were at least getting the gist of it. Sidibe is too commanding a presence to allow such laziness on the viewer's part. The reader also had the option of softening elements of Precious' story (even though Sapphire shared a few sensationalistic details with us that the movie only hints at). On the page...

Author: /time Magazine | Title: Precious Review: Too Powerful for Tears | 11/16/2009 | See Source »

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