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...market by announcing that people who buy a home during the next year will be exempt from federal income tax if and when they later resell that home for a profit. Driven by the profit motive - and tax-free profit at that - real estate investors and others would soon begin snapping up short sales, foreclosures and any other bargains they could find. Unsold housing inventories and mortgage foreclosures would decline, and the housing market would be on its way to recovery. Good old-fashioned capitalism would again save the day. Charles Lingenfelter, CARLSBAD, CALIF...

Author: /time Magazine | Title: Recession Redux | 10/7/2008 | See Source »

...season does not officially begin until mid-October, when Harvard can increase its wrestling to more than once a week, but for those veterans felled by injuries, a return to the mat cannot come soon enough...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Crimson Anticipates New Season, Fresh Start | 10/7/2008 | See Source »

...meantime, Ingber said that he will continue to recruit faculty from across the University for the institute and begin moving laboratories into temporary locations next year, first at the Harvard Institute of Medicine Building in the Longwood Medical Area and then at the Northwest Science Building in Cambridge campus, before the final move to Allston...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Harvard Receives $125 Million for Biological Engineering | 10/7/2008 | See Source »

...What these surveys may begin to indicate is something that very few are willing to entertain: there may exist a correlation between SAT scores and socioeconomic status because there is a correlation between socioeconomic status and intelligence. In his most recent book, “Real Education,” Charles Murray, a co-author of the controversial bestseller “The Bell Curve,” points out that nearly all of the most notable members of elite professions (which typically pay higher than blue-collar jobs) have IQ levels of 120 or above...

Author: By Lucy M. Caldwell | Title: Speaking Truth To Test Scores | 10/7/2008 | See Source »

...slow descent into the Looking Glass land that hurricanes create begins just south of Houston along Interstate Highway 45, the road to Galveston Island. The first odd note is the number of blown out billboards and signs. The gold has gone from the Golden Arches, the toll-free phone number on the billboard for the class action law firm has been torn and tossed to the wind. Then the blue tarps begin to appear, stretched taut over the rooftops of strip malls and apartment buildings...

Author: /time Magazine | Title: In Storm-Ravaged Galveston, Echoes of New Orleans | 10/6/2008 | See Source »

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