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President-elect Barack Obama said Tuesday the deficit appears on track to hit $1 trillion soon. Speaking to reporters after meeting with top economic aides, Mr. Obama said: "Potentially we've got trillion-dollar deficits for years to come, even with the economic recovery that we are working on." - Associated Press...

Author: /time Magazine | Title: How to Understand a Trillion-Dollar Deficit | 1/11/2009 | See Source »

...Bears successfully staved off two intense Harvard assaults in power play situations. Rosen saved shots from all distances, including a series of close-up potshots from freshman Daniel Moriarty during the second power play.But Rosen could not keep the defensive pace for long, as another Crimson power play would soon prove. With 18:20 to go in the second and with a five-on-four advantage, senior Steve Rolecek drove the puck up on the left and let it loose from the center of the faceoff ring. Rosen swatted unsuccessfully and the puck found the back of the net, granting...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: First Win of the Year Remains Elusive as Crimson Ties with Brown | 1/11/2009 | See Source »

...Nina Foch (rhymes with posh, not gauche), 84, made an early splash as the put-upon heroine in the clever melodrama My Name Is Julia Ross, but her keen features and cutting voice soon typecast her as spoilsports and other frosty types. We hope that, wherever she is now, she's getting better parts. Anita Page, 98, starred in The Broadway Melody, the first talking picture to win an the best-picture Oscar. She was also the last surviving star to have attended the first Oscar ceremony in 1929. Evelyn Keyes, 91, played Scarlett O'Hara's sister Suellen...

Author: /time Magazine | Title: Richard Corliss's 2008 Entertainment Death Reel | 1/10/2009 | See Source »

...boat launch, just steps away from the police station in the town of Sun. Two of Foster's disciples allegedly walked into a nearby convenience store and asked a clerk: How do you remove blood from clothing? The clerk called the authorities. Lynch's body was soon found. Investigators soon reached five of Foster's disciples on their cell phones. They were still wandering the woods, but soon agreed to surrender. Two other disciples were found by the authorities, already back in Bogalusa. Then, investigators reached Foster on his cell phone. He agreed to surrender...

Author: /time Magazine | Title: A Klan Initiation Murder: A Backlash to Obama's Victory? | 1/10/2009 | See Source »

...facing a financial meltdown, and recently asked for a $16.4 billion International Monetary Fund bailout. Gazprom, owing around $60 billion and seriously short of cash, currently has storage reservoirs so full that it risked having to burn off some of its surplus if the gas was not pumped out soon...

Author: /time Magazine | Title: Russia-Europe Gas Spat Ends — For Now | 1/9/2009 | See Source »

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