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Luxury versus necessity. That’s the debate around every kitchen table these days, and it is reflected in Congress. American families need to cut back and stretch their budgets, and Congress needs to cut way back in order to regain some semblance of fiscal sanity. But while American families deal painfully …

When I came out yesterday morning, there were helicopters over my neighborhood. I couldn’t see them from the sidewalk. Buildings were blocking the view. But a few blocks south of me, two or three of them were definitely hovering up there. And it wasn’t the sound of puny news copters …

Getting kicked out of the top job at the International Monetary Fund turned out to be a brilliant business move for Dominique Strauss–Kahn. He still has to face trial for allegedly sexually abusing a powerless chambermaid at the Sofitel Hotel in Manhattan. But not to worry, the International Monetary Fund …