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...Most data that the government and national business associations will put out over the next several quarters is likely to appear two-edged, at least at first. Housing prices cannot go to zero, so, at some point, the rate at which home values are dropping will slow. Resale rates may go up, but buying homes which have been in foreclosure for months is an incorporeal piece of information. If buyers start to purchase homes on the normal economic basis of being a transaction between private buyer and private seller then the market will have something to celebrate. (See pictures...
...economists, led by James Galbraith and Paul Krugman, have said that the plan may actually do more harm than good. In the Treasury's corner, Pimco, the largest fixed income management firm in the U.S., endorsed the Administration's plan. "This is perhaps the first win/win/win policy to be put on the table and it should be welcomed enthusiastically," Bill Gross, PIMCO's co-chief investment officer, told Reuters. The market moved up 7% mostly on the strength of the Treasury releasing the new program that some analysts believe could improve bank balance sheets. Over the last five trading days...
...that anesthesia may also put babies at greater risk for cognitive problems later in life, according to Wilder's latest findings. The author is quick to point out, however, that the data are preliminary and do not necessarily suggest a direct or definitive causal link between anesthesia and learning disabilities, only an association. "We clearly have not demonstrated that anesthetics are the cause of learning disability," says Wilder. "We don't want this to alarm the public to the point they aren't giving children appropriate medical care." It could be dangerous to deny children surgery to spare them...
Back on the plains, Strobridge is just trying to save the place he calls home. "At this point," he explains, "we're very frustrated and doing everything we can to make sure if something does come in, it's put in responsibly...
...there any sort of psychological training? The psychological preparation really happens at boot camp. They pretty much prepare you for anything. If you're going to fail, you're going to do it there usually. But above that, there really was no psychological training. They put us in shock-value scenarios, like viewing those autopsies. They put us in front of that to gauge our reactions, and I think most everybody dealt with it pretty well. That being said, one thing we do back home at Biotrauma, we've identified the fact that stress has a cumulative effect...