Word: guns
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...This doldrum could definitely be around a while. In the recessionary manufacturing sector, capacity utilization - actual production, as opposed to how much it could produce if anybody wanted it - is at the lowest point since the last recession. Banks are writing off bad loans hand over fist, and plenty gun-shy about lending to businesses with too few customers, no matter how cheap the money...
...Federal Reserve Open Market Committee is loading its monetary gun again this week, having settled in for a two-day sit-down Tuesday that will result - on Wednesday at the usual 2:15 ET unveiling - in another interest-rate cut. The Fed funds rate stands at 4 percent, and it's going lower. That much we know. The question is, how much lower? And, even more important, when the heck are these things going to start working...
GUNPLAY A couple of boys find a gun. What do they do next? According to a study in Pediatrics, 75% will pick it up, and nearly half will pull the trigger. Sixty-four boys, ages eight to 12, took part in the experiment, in which an unloaded .380-cal. handgun was hidden in a drawer in a medical examining room. Left alone in the room, the boys explored. Half of those who handled the gun were correct in thinking it was real...
...conventional or easily discouraged. But the problems of our time demand an especially crafty and determined breed of activist, because our enemies refuse to dress the part. Math illiteracy plagues black kids without wearing a hood or burning a cross. Urban sprawl doesn't need a gun to rob a community's quality of life. And hunger can hide beneath a designer T-shirt...
...major blow to the National Rifle Association, the Court dismissed without comment the organization?s challenge to the FBI?s system of keeping records on gun buyers. The NRA appealed a lower court?s ruling that the Justice Department could continue keeping information gathered from instant background checks on file for six months, rather than discarding it immediately, as the NRA requested. Because the Justices chose not to rule on this case, the federal appeals court decision will stand...