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  • Meacham: Putting Our Cash Back to Work

    Thrift, we all know, is one of the perennial virtues. For many of us, however, the inclination to save is a good deal weaker than the urge to spend, which is why personal indebtedness is so great. Our call for more spending on this week's cover is not an invitation to more irresponsibility, but for a fresh springtime reassessment of whether the ultimate benefits of investing outweigh the immediate benefits of saving. The conventional way to write about this subject demands an allusion to, or a quotation from, the Founding Father of American thrift, Benjamin Franklin, but the inspiration for Daniel Gross's piece came not from the distant past but from Omaha.In his annual letter to the shareholders of Berkshire Hathaway, Warren Buffett (a director of The Washington Post Company, which owns NEWSWEEK) wrote: "The investment world has gone from underpricing risk to overpricing it. This change has not been minor; the pendulum has covered an extraordinary arc."Along with Lisa Miller's...
  • Newsmakers: Jon Stewart vs. Jim Cramer

    Levi Leaves It's not all that surprising Bristol Palin and her baby daddy, Levi Johnston, won't make it to the altar. Remember how miserable he looked at the Republican convention? But now we really wish Grandma Sarah were V.P. Why? Because, let's face it, the Obamas and the Bidens are never going to give us a White House scandal this juicy. Worst Week Ever: Jim Cramer's One-Man Bear MarketJon Stewart mocks the 'Mad Money' host for pushing Bear Stearns six days before it collapsed.Cramer says Stewart got it wrong. Stewart apologizes, and shows it was really seven weeks earlier.Cramer tries to defend himself, but when asked if he got Bear wrong, he says yes. He looks so sad. When Martha tells Cramer to imagine Jon S. in a pile of dough, he whacks it with a rolling pin. Pitiful.Fight night! Cramer's excuse: CEOs lied. Stewart's retort: act like a real journalist. Stewart did.
  • Books: Eric Carle's Very Hungry Caterpillar

    Once upon a time, Eric Carle wrote a children's book that was so comfy, it came with its own cocoon. Turns out that cute little bug went through a very big metamorphosis.
  • Should States Support Foster Kids till Age 21?

    New research supports a radical shift in child-welfare policy for the thousands of teens who 'age out' of foster care at age 18, only to face high rates of homelessness, unemployment and incarceration.
  • Let’s Talk About Sex

    Congress loves abstinence-only programs so much it has thrown big bucks at them. The public? It's got better ideas.
  • Obama: Our Therapist in Chief?

    'The Confidence Game: How Obama Can Talk Us Out of a Depression': Readers were divided over our March 2 cover story on whether Obama can restore confidence to a shaken nation. "President Obama is not our teacher or our shrink," one said. "He speaks of what we already know." Another saw little reason to feel upbeat. "Politicians are alive and well in Washington, still jamming through their pet projects." One reworked our cover line: "It should have read 'How Reagan and Bush Talked Us Into the Depression.' President Obama cannot do worse." ...
  • The Editor’s Desk

    On a late winter afternoon, the sunlight fading outside the window, John McCain was sitting in his Senate office—he uses Barry Goldwater's old desk—shaking his head about the billions of dollars in earmarks in the federal budget and talking about the future of his party. Rush Limbaugh was Topic A in the capital; the radio giant's long speech to the Conservative Political Action Conference—one in which Limbaugh repeated his hope that President Obama will "fail"—had led to a tactical Washington tempest. Sensing an opportunity, the White House had singled out Limbaugh as, in Rahm Emanuel's words, "the intellectual force" of the Republican Party. It was not a bad strategy: in the NEWSWEEK Poll, 46 percent have an unfavorable opinion of Limbaugh. (As a point of contrast, Obama's unfavorable rating is 22 percent, and even Nancy Pelosi fares better than Limbaugh.)In the West Wing on the same afternoon, David Axelrod was musing about the complexities of the politics during the recession. ...
  • Death in Literature

    No one likes to think about dying, but novelists seem scared to—well, death—to write about it.
  • Michael Jackson, Britney Return

    It was short. It was confusing. All in all, it was Jacko. During a chaotic London press conference crammed with nutso fans, the king of pop (isn't he more like a duke now?) announced his plan to attract some "on purpose" attention: a 10-concert run at London's O2 stadium this summer. Other chart vets, such as Prince, have used the same venue as a profitable springboard, but their chops were beyond doubt. Michael, 50, hasn't performed a full show since 2001, and his last singing appearance, in 2006, underwhelmed. On the other hand, he doesn't look like he's aged a day since then! ...
  • Talking to Placido Domingo

    On March 15, Plácido Domingo celebrates his 40th anniversary at the Metropolitan Opera House in New York. He spoke with Nicki Gostin. ...