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...innovation of electricity brought the electric waffle iron, which was far less cumbersome and hazardous than a stovetop griddle. But for the harried homemaker, the newfangled appliance still wasn't easy enough. Enter the Dorsa brothers, Frank, Tony and Sam, who in the mid-1930s created a dry waffle batter that only needed one ingredient: milk. When demand spread beyond their hometown of San Jose, Calif., Frank invented a carousel-like contraption that could churn out thousands of waffles in an hour, which could then be frozen and shipped. Kellogg bought the company in 1970 and introduced the catchy slogan...

Author: /time Magazine | Title: Waffles | 11/23/2009 | See Source »

...payments that local governments make to investors, boosting the yield by 35%. So a typical muni bond that would normally pay 4.5% yields nearly 7% if it is issued through the Build America Bond program. The higher payments don't hurt the finances of the local government, because Uncle Sam is picking up the difference. (See how Americans are spending...

Author: /time Magazine | Title: A Stimulus Success: Build America Bonds Are Working | 11/17/2009 | See Source »

...Sam Barr ’11 is a government concentrator in Dunster House. His column appears on alternate Mondays...

Author: By Sam Barr | Title: You Give Fraud a Bad Name | 11/16/2009 | See Source »

Ronald Reagan did. "I didn't know when it would come, but I have to tell you, I'm an eternal optimist," the former President said in an interview with ABC's Sam Donaldson that night. "I believed in all my heart it was in the future." Two years earlier, Reagan had addressed a crowd of some 20,000 near Berlin's Brandenburg Gate and challenged Soviet leader Mikhail Gorbachev to tear down the Wall. At the time, even his closest advisers dismissed the notion as far-fetched. "It's a great speech line," Reagan's National Security Adviser, Frank...

Author: /time Magazine | Title: Reagan's Speech That Ended the Cold War | 11/9/2009 | See Source »

...Singles 1 draw, sophomore Sam Gridley lost her first match, but won three times in the consolation draw. She topped off her weekend with a 4-6, 6-3, 10-4 victory over Jenny Lee of Brown...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: Fall Season Wraps Up for Cao and Harvard | 11/9/2009 | See Source »

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