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...downturn in sunny San Diego that poses the far bigger risk to the U.S. economy. Detroit, Cleveland and some smaller Rust Belt cities are experiencing a traditional bust, in which economic woes spread to housing. In San Diego, the housing decline seems to be a self-generated phenomenon, the product of too-high prices and too-crazy lending practices. Now the "housing market is dragging down the rest of the economy," says Alan Gin, an economist at the University of San Diego. The same is true in and around Los Angeles, San Francisco, Phoenix, Las Vegas, Miami, Washington, New York...
...Despite his success on the Web, the gap between Paul's poll standing and online popularity highlights a bigger problem for the doctor from Texas. Can his wired supporters take a break from shout-outs, sending virtual drinks and writing on virtual walls to shut down their computers and go out and vote...
...doesn't help that today's players are also bigger, faster and stronger, which means that each impact packs more punch. Since 1985, the average weight of NFL players has ballooned 10%, to 248 pounds, according to a recent study by Scripps Howard News Service. The heaviest position, offensive tackle, has gone from 281 pounds two decades ago to 318 pounds today. So, the dozens of high-speed hits that happen every game carry a higher likelihood of potentially hazardous results. While catastrophic injuries like Everett's remain rare, reports of concussions and other severe trauma on the football field...
...ultimately, to stand out the way John Paul II did on world affairs, Benedict will again have to use his skills as theologian-philosopher to make a political point - adding a bigger dose of diplomacy than he did last year in Regensberg. He had a chance during an address last Friday to Vienna-based diplomats to lay out his broad vision of world affairs, but he chose not to take it. With key figures at the International Atomic Energy Agency present, for example, he made no mention of growing tensions between the West and Iran. Still, Benedict may soon...
After graduation, Bogle went into the mutual-fund business, later founding the Vanguard fund family, now the country's second largest. As he had predicted, mutual funds became an ever bigger force--they and other institutional investors now own more than 70% of U.S. stocks, up from about 10% when Bogle wrote his thesis. Professionals managing other people's money dominate almost every financial market, from bonds to pork-belly futures to collateralized debt obligations...