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...bailout replace all the liquidity that those complicated mortgage-backed securities unleashed into the world's financial markets, making it easier for companies to borrow money to build new factories, buy new equipment or expand into new territories. "We will never return to those levels of liquidity," Daley says...

Author: /time Magazine | Title: World Markets React with Caution to US Crisis | 9/30/2008 | See Source »

...best way to build cash is by cutting spending. You might also temporarily divert any monthly investment contributions or pare any assets where you may be overconcentrated. But restart your monthly contributions promptly - and avoid selling stocks simply because they have fallen. As a broad asset class, stocks will recover, though not all individual shares (like those of some beleaguered financial companies) will rebound...

Author: /time Magazine | Title: Surviving the Wall Street Storm | 9/30/2008 | See Source »

...Hoping for a fast start, NASA's bosses didn't try to build labs, staff and launch sites from scratch. Rather, they went around the country cherry-picking military and academic institutions that were already doing the right kind of work and inviting them to join the new group. They went to Pasadena, where the California Institute of Technology operated its little-known Jet Propulsion Laboratory (JPL), and extended an invitation there. They made the same offer up the coast at Moffett Field, Calif., where the military operated its Ames Research Center, and also gathered up the government's missile...

Author: /time Magazine | Title: NASA at 50 | 9/30/2008 | See Source »

...Golan Heights as well as Egypt's Sinai Peninsula and the Palestinian territories of the West Bank and Gaza during the Six-Day War of 1967. Approximately 100,000 of the Heights' mainly Druze inhabitants fled or were forced out as Israel rushed to tap into the freshwater source, build settlements and use the high ground to monitor Syrian activity below...

Author: /time Magazine | Title: The Golan Heights | 9/30/2008 | See Source »

Olmert is by no means agreeing to a surrender. Yet, after Israel's failure to impose its will on Arab opponents by force over four decades, he's crying uncle. "We invested our mental resources and thoughts in 'how to build Judea and Samaria,' yet history made clear to us that the state of Israel has other realistic and viable options," he says. "The state of Israel's future won't be found in intermixing with the Palestinians, but rather, is to be found in unpopulated regions that are desperate for our entrepreneurship and innovation...

Author: /time Magazine | Title: Olmert's Lame-Duck Epiphany About Palestinian Peace | 9/30/2008 | See Source »

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