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...that measures the number of privately-owned new residential homes being built. Analysts predict figures will either level off or continue to drift downward slightly from the August number of 895,000. The upside: "There isn't a lot of room for decline," says Englund. Many experts believe the bottom is near. LaVorgna says it is just a matter of time before the number drops below 800,000, a large plummet from the 2005 high of more than 2 million new homes under construction...

Author: /time Magazine | Title: Four Reasons the Markets Are Still Troubled | 10/15/2008 | See Source »

...technological progress. These philosophers also first presented to us the problem of politics as we know it. “What is the best political regime?” and “What is the best way of life?” are questions that lie at the bottom of all of our contemporary political issues, from the separation of church and state to the relation between judicial and legislative powers. The questions Socrates posed, which Plato recorded in his dialogues, remain debated still today, and even the most quantitative of political science still owes its very terminology...

Author: By Christopher B. Lacaria | Title: Et Tu, Brute? | 10/15/2008 | See Source »

Where to find you on a Saturday night: At the bottom of a rum barrel Your best pick up line: I don’t use pick up lines...

Author: By FM Staff | Title: scoped! | 10/15/2008 | See Source »

...cautious optimism that the government responses have turned the corner on the crisis. According to economist Jacques Mistral, head of economic research for the French Institute on Foreign Relations, the general fear that caused the bearish epidemic pushed markets so low that traders were already looking for a bottom from which to rebound...

Author: /time Magazine | Title: Surge in Global Markets Reflects Growing Hope | 10/14/2008 | See Source »

...tireless and outspoken critic of government waste and intervention, Durst routinely purchased space on the front page of the New York Times to run what he liked to call "bottom lines" - rants that ran along the bottom of the page like stock tickers. His haiku-esque May 26, 1991 message: "Federal debt soaring, national economy shrinking, soon the twain shall meet." In 1980, before technology could support a debt clock, he mailed handwritten holiday cards to dozens of congressmen that read: "Happy New Year. Your share of the national debt is $35,000." When technology finally caught up with...

Author: /time Magazine | Title: The Times Square Debt Clock | 10/14/2008 | See Source »

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