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...parts of the world presage a price correction in paradise? Surely, as hedge-fund managers find themselves without fat end-of-year bonuses because of the recent market madness, they'll shy away from acquiring luxury second homes. Gallmann of Exotiq Real Estate acknowledges that the financial crisis will dent demand, particularly in Bali where the real estate volume is higher than in Phuket. But he isn't too worried. "Look, I've been involved with Bali for 20 years and through that time we've gone through more than you can imagine, from the Asian financial crisis...
...Volt may make a small dent in America's dependence on imported oil, but that's all. Since 70% of U.S. electricity is made by burning natural gas or coal in power stations, the car basically swaps one fossil fuel for another. And because it's carrying a 400-lb. (180-kg) dead-weight battery, it may even wind up using more fossil fuel and costing more to run than a normal car - with no compensating reduction in carbon dioxide emissions. Anton Ziolkowski, Edinburgh
...truly want to make a dent in teenage pregnancy rates, along with other social ills such as teenage suicide, teenage violence, and teenage alcohol and drug abuse, we must start to bring fathers back into more children's lives. In the 1960s just 6% of American children were raised without fathers. That figure is now 28%-some 20 million children. The rise in the number of households without fathers is a result of well-intentioned federal programs that offer women incentives to throw fathers out of their children's lives, to the detriment of the children. Children benefit from being...
...marshes and rebuild barrier islands. There is already $1 billion worth of small projects on the books to start that process, but restoration work is moving much, much more slowly than levee work, and scientists have estimated that it could cost more than $20 billion to make a serious dent in addressing the coast's land losses. "I'm not worried about money; this country has the wealth and the capacity to do amazing things," says Davis, the former head of the Coalition to Restore Coastal Louisiana. "The resource that keeps me up at night is time. We lucked...
...fine diners really ready to swap their foie gras for eco-ethics? "Everything comes with a price," says Potts Dawson, who wants to lead by example. "Consumption is at a level now where restaurants need to stand up and be counted." Sure, ethical dining might leave a dent in your wallet, but it could ease the burden on your conscience. www.waterhouserestaurant.co.uk