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Mast acknowledged that familiar threats to the recovery still existed: a crash landing of the declining dollar, for example, or a collapse of oil prices could bring turmoil to the international financial system. An American turn to protectionism as a means of dealing with its $145 billion trade deficit poses another risk. So does the vast, unpayable debt being borne by developing countries. But Mast believes that prospects for international crisis management have been greatly improved since U.S. Treasury Secretary James Baker launched his campaign last year for closer cooperation among the world's major industrial countries. Said Mast...

Author: /time Magazine | Title: Heading into the Straightaway | 6/21/2005 | See Source »

...various transferring techniques, such as from wheelchair to bed. "And did you know I married my nurse?" As a matter of fact, they have a son who is six. "When you marry your nurse," he says, "life is complete." In and out of a coma for weeks after the crash, Kassulke guesses he borrowed on something learned in football that he is trading on still. "I knew how to take things in stride, how to size up the competition, how to fight back, I guess. You don't just throw in the towel if you lose the Super Bowl...

Author: /time Magazine | Title: Life's Not a Bowl Of Any Single Thing | 6/21/2005 | See Source »

...Navy divers could make out the remains of several crew members of the space shuttle Challenger. The astronauts, some still strapped into their seats, had come to rest in 100 ft. of water after the long plunge from the sky on the icy morning last January that marked a crash landing for the U.S. space program...

Author: /time Magazine | Title: Painful Legacies of a Lost Mission | 6/21/2005 | See Source »

...bring to the surface the remains of the crew members. The divers also recovered the shuttle's four flight recorders, which might, despite a six-week soak in salt water, provide valuable data about the disaster. Although NASA had not announced it, within a few days of the crash U.S. Coast Guard searchers recovered three battered flight helmets and a plastic package containing materials McAuliffe had planned to use to teach schoolchildren "lessons from space...

Author: /time Magazine | Title: Painful Legacies of a Lost Mission | 6/21/2005 | See Source »

NASA officials acknowledged last week that the impact of the crash on the U.S. space effort has been to ground the shuttle program for at least a year, and perhaps as long as 18 months. A study by the Congressional Budget Office estimates that redesigning the flawed rocket booster and replacing the shuttle's cargo, a tracking satellite, will cost some $440 million. If a new orbiter is built to replace Challenger, it would cost at least $2.3 billion and take three or four years to complete. When NASA does resume shuttle operations, its overambitious aim of launching 24 flights...

Author: /time Magazine | Title: Painful Legacies of a Lost Mission | 6/21/2005 | See Source »

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