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...rally couldn't be considered the real thing. I've looked at all of the major stock market collapses that we've had (40% decline, or more) including this one. Since 1900, we've had six others, and two of them were Depression related - one was the beginning of Great Depression and one was in the middle of the Depression era, in 1937. And the other four were outside of that era. When you look at those, what you find out is, off the low of every one of those you had a violent recovery. Not a slow, arduous crawl...

Author: /time Magazine | Title: Is The Stock Market Bottoming? | 2/25/2009 | See Source »

Most people dream enthusiastically at night, their dreams seemingly occupying hours, even though most last only a few minutes. Most people also read great meaning into their nocturnal visions. In fact, according to a new study in the Journal of Personality and Social Psychology, the vast majority of people in three very different countries - India, South Korea and the United States - believe that their dreams reveal meaningful hidden truths...

Author: /time Magazine | Title: Why Dreams Mean Less Than We Think | 2/25/2009 | See Source »

Japanese Democracy I read Hannah Beech's article "Democracy" with great interest and I do agree almost completely [Jan. 12]. But in my opinion the reader gets a false impression because the report is almost completely negative. As my family lived in Japan for two years, I can say that the Japanese political system has many democratic features, such as its very Occidental constitution. Of course, I can also see the grievances, but which democratic country does not have problems? Nina Theresa Strüven, GRAFRATH, GERMANY...

Author: /time Magazine | Title: The Self-Purifying Trend | 2/25/2009 | See Source »

...After Griles' guilty plea in the Jack Abramoff influence peddling case: "I am most proud of the willingness of the many current and former department employees who told the truth about this top Interior official, sometimes at great risk to their own careers." (Washington Post, March...

Author: /time Magazine | Title: Stimulus Watchdog Earl Devaney | 2/24/2009 | See Source »

...likely to remain after Tuesday's speech, Obama will be obligated to explain how he views the ongoing international violence and shifting threats. Expect the President to combine a continued determination for victory against terrorist threats with a cautious explanation of the difficult challenges ahead. President Bush did himself great political harm by repeatedly offering rosy projections about the war in Iraq that later proved to be unfounded. Obama, who inherited Bush's military engagements, is not likely to repeat that mistake...

Author: /time Magazine | Title: Five Things to Look For in Obama's Speech | 2/24/2009 | See Source »

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