Word: happening
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Dates: during 2000-2009
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...that translates into actual home-price declines is a little tricky. After all, the price-rent ratio is based not just on home prices but on the cost of rentals too. So to figure out what will happen to home prices, you first have to make some assumptions about what will happen in the apartment market. Property & Portfolio Research does such a forecast, which is how Economy.com parlays price-rent ratios into projected house-price appreciation. Those figures tell us that the housing market remains a lumpy place - were price-rent ratios to return to normal, San Antonio would...
...Microsoft announced it was releasing a beta version of Windows 7, effective immediately. This is something that can't happen soon enough for Windows users who have been alienated by Vista, the current OS. The beta is being billed as faster, more reliable and easier to use. Perhaps Microsoft could get Tom Hanks to do the commercials...
...would be interesting, just for the fun and justice of it, to subject Rumsfeld to four hours in a stress position - standing stock still with his arms extended, naked, in a cold room after maybe two hours' sleep. But that's not going to happen. Indeed, it seems probable that nothing much is going to happen to the Bush Administration officials who perpetrated what many legal scholars consider to be war crimes. "I would say that there's some theoretical exposure here" to a war-crimes indictment in U.S. federal court, says Gene Fidell, who teaches military justice at Yale...
...Israel's other nonstate militant foe: Hizballah. While the Lebanese group has been cheering on Hamas from the sidelines, it has refrained from entering the fray. Hizballah may have a stockpile of new rockets, but Israeli generals hope Gaza will serve as a cautionary example of what would happen if it used them. This is a reassuring thought, but it remains to be tested. After all, Hizballah's rockets have only one purpose, and that is to be used against Israel...
Should that happen, a Sarkozy mission that had borne all the signs of failure might yet prove pivotal to bringing an end to the current violence in Gaza. But as is often the case with such clashes in the region, a final resolution may turn out to be the fruit of a particularly chilling horror. The upbeat response to the Franco-Egyptian proposal came just hours after an Israeli mortar strike hit a U.N. school in Gaza, killing 39 Palestinians, many of them children. "I don't think you can say that one terrible event will change everything itself...