OH LOOK, A SHINY THING! Gandalf, Conan and King Arthur Comment on Recession
Guns are up and swords are down in fantasy art, according to a fun chart from Orbit Books that shows art elements from fantasy book covers. (Hat tip to BoingBoing.)
Can the fifty percent reduction in... Posted on 8/30/10 at 11:28 AM
When the Great Depression struck, many influential people argued that the government shouldn’t even try to limit the damage. According to Herbert Hoover, Andrew Mellon, his Treasury secretary, urged him to “Liquidate labor, liquidate stocks, liquidate the farmers. … It will purge the rottenness out of the system.”
Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest.
The U.S. economy is improving faster than economists had expected. They now foresee slightly stronger growth and hiring than they did two months earlier — trends that would help President Barack Obama's re-election hopes.
In its latest projections, the European Commission, the European Union's executive body, forecast a 0.3 percent contraction in the eurozone economy for 2012, with Greece's economy leading the way downward with a massive 4.4 percent decline.
Gabriele Steinhauser and Pan Pylas
, February 23, 2012
That calendar will mark Dec. 26 as Boxing Day, a holiday unfamiliar to most Americans but celebrated in other English-speaking countries as an extension of Christmas, a day of charity for the poor and for a pursuit that will draw many Canadians south this week: bargain hunting.
A job for their mom or dad. Money for the heating bill. Food or a place to live. Maybe gloves or boots. More and more, Santas say the children on their laps are asking for less for themselves — and Santa is promising less as well.
Facing bankruptcy, the U.S. Postal Service is pushing ahead with unprecedented cuts to first-class mail next spring that will slow delivery and, for the first time in 40 years, eliminate the chance for stamped letters to arrive the next day.
American Airlines used to bill itself as "something special in the air," and it was. It was the first airline to offer curbside check-in. The first with computerized reservations. It invented the frequent-flier program and came up with the deeply discounted Super Saver fare to fill empty seats on its planes.
Atanacio Garcia isn’t waiting for Washington to reduce the national debt.
The 84-year-old retired postal worker from San Antonio, Texas, a man of simple means and a simple credo, donates $50 a month from his pension, plus whatever he makes from collecting aluminum cans in his neighborhood, to reduce Uncle Sam’s IOU.
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