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Perhaps the most soothing of all, though, were the carefully chosen words of Greenspan. In his inimitable style, the Fed chief called the swift market decline "a salutary event" that might be just what the economy needs to keep from overheating and allow the '90s expansion to continue for years...
Governing China is indeed an enormously difficult job. But the systematic abuse of human rights by Jiang's regime goes far beyond any need to maintain the civic order necessary to keep China fed or increase literacy. Only maintaining a corrupt, elite Communist cadre necessitates such outrages; the meal ticket Jiang really cares about is his own. It is not coincidental that the two greatest famines that occurred during in the 20th century apart from those during civil wars were in Soviet Ukraine (1930s) and Communist China (1960s). History has shown that democracy is more likely to care...
Doyle found that several types of bacteria inside the cow make their own repellent against E. coli 0157. So he took those bacteria from cattle droppings and tissue, grew them in the lab and fed them to calves in their milk...
Doyle hopes his work will lead to a product that could be fed to cows to clean them out before they are sent to slaughter...
WASHINGTON: Clearly, Alan Greenspan was in a good mood. The Dow had been doing the Fed's sternest work for three days ? shaving more than 1,000 points off the market total ? and yet by Wednesday, everybody was laughing about how worried they'd been...