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...wealth.) But nothing Washington is able to do can address the question of excess in the stock market - more specifically, the discrepancy between the price of equities and their potential to generate wealth as a share corporate profits. Analysts have warned for years that the market is dangerously overvalued. Fed Chairman Alan Greenspan warned in 1998 that its ascent was driven by "irrational exuberance," but that didn't stop stock prices skyrocketing...
Grizzlies once occupied the grasslands of the Dakotas, where they fed on bison that had drowned in rivers, as well as the Pacific Coast, where they fed on stranded whales. These were grizzlies of prodigious size and power, bold as the noon sun. But the waves of humanity sent the grizzlies retreating into the highest reaches of the outback, into the farthest secret little forests, where they now exist in a no-man's-land, on diets that are as much as 90% vegetarian. The industrial force of the past two centuries selected against the larger, more aggressive grizzlies...
Upstream in the Dakotas, river-fed reservoirs have stimulated an $86 million annual tourist business. There residents are in favor of using the dams to mimic the natural flow. Reason: less water will be sent downstream in the summer. That means more water for their marinas and lakes, so boaters won't be left high and dry. In Garrison, S.D., behind the vast reservoir created by the Garrison Dam, businesses see their sales fluctuate with the level of the reservoir. Last year sales hit $11 million, but in years when the corps sends water south to keep barges from running...
...nearly a decade, a subcult of young Japanese has tried breaking free of the country's conformity by replicating and co-opting 'hood images they've been fed by Hollywood. Japanese girls are so into the trend that marketers have invented labels for them: they're called shisutaakei, "the sister group," or "hip hop" after the music they like. Japan's streets are where they fight their battle against the tired, older generations, with feather cell-phone straps, dreadlocks and black face paint...
...serve a life sentence for terror-related crimes, some observers figured Qatada went underground - and perhaps left Britain - to avoid extradition. But senior European intelligence officials tell TIME Qatada is tucked away in a safe house in the north of England, where he and his family are being lodged, fed and clothed by British intelligence services. "The deal is that Abu Qatada is deprived of contact with extremists in London and Europe, but can't be arrested or expelled because no one officially knows where he is," says the source - whose claims were corroborated by French authorities. "The British...