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...might be of some comfort that all analysts think that 555 banks will fail in the next 24 months. Instead, some put the number at 200 and others at 1,400. The facts at the center of the analytic process change so fast that even the well-trained experts cannot keep up with and integrate the constantly changing information, in order to offer consistent predictions...
...Although it seems Detroit cannot cut enough in an effort to drive out the costs necessary to become profitable, the process will reach a tipping point where the U.S. industry will not have enough people to take any real advantage of a recovery of U.S. vehicle sales when that happens. While Toyota and other Japanese companies are cutting back some capacity, they are not going through a process which would essentially gut much of its production ability. As a recovery takes shape, the Japanese company will be able to meet demand without a colossal struggle to get plant after plant...
...when the domestic market is only supporting 11 million or 12 million sales a year. However, the by-product of this process is that at 16 million unit sales, which is the level from just three years ago, Detroit may be forced to give up market share because it cannot replace its old plants and labor infrastructure fast enough to take advantage of a modest but rapid sales recovery. At a 20% market share, GM will only have to produce 2.2 million vehicles in the U.S. this year. If it wants to keep that share when sales get back...
While the bulk of prevented deaths in statin-takers were attributable to heart-related factors, the authors note that mortality from other illnesses, such as cancer, also declined. That leads the authors to hypothesize that statins may benefit the body in many different ways. "The benefit cannot be explained by a reduction in cardiac death alone," said the study's lead author, Dr. Anthony Heymann, in an email. "It must mean that there are a large number of additional factors involved in preventing death that are influenced by taking statin medication...
...Pope Benedict XVI was part of the debate over the past days and weeks. The pontiff used his annual message for the World Day of the Sick on Sunday to focus on the issue of euthanasia. "Let us pray for all the sick, especially those most seriously ill, who cannot provide for themselves in any way, but are completely dependent on the care of others," the pontiff said. It was the third time in a week that the Pope had made a not-so-subtle reference to the Englaro case. "Human life is beautiful and must be lived...