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Sophisticated brain-scan studies by Jay Giedd at the National Institute of Mental Health (NIMH) have shown dramatic changes throughout the teenage years as excess gray matter is pruned from the prefrontal cortex - the seat of higher-order thinking and making judgments (like not smoking weed right before your chemistry exam). Meanwhile, behavioral studies have shown what every parent already knows: teens have poor control over impulses and a tendency toward risk taking. Still, relatively little is known about how such changes affect learning or what happens at a biochemical level in the brain as teens go through their addled...
More expensive than Miami real estate and priced three-to-eight times higher than property in the rest of the Panamanian market, the Trump Ocean Club is partially financed by a $230 million bond offering from Bear Sterns. That bond is now being handled by JP Morgan following the collapse of Bear Sterns in the 2008 global financial crisis. "Without Trump, we would have lost our shirt," Khafif admits. Since then, more than 2,000 construction workers add a new floor each week, silencing many of the earlier skeptics who claimed the project would never get off the ground...
...Austin provides a useful lesson in how to stay on top of the innovation game. Start with an educated population (43% of Austin residents have a bachelor's degree or higher), mix in a robust venture-capital scene (one of the best outside Silicon Valley), add a supportive community of peers (groups like Bootstrap Austin band together hundreds of entrepreneurs) and wrap all that up with a state government unafraid to throw money at companies that need a little help getting off the ground...
...away from making these tough choices - even though replacing failing schools can transform entire districts. In New York City, we've phased out more than 90 schools during the past seven years; these decisions haven't been politically popular, but the schools that replaced them have dramatically higher graduation rates than their predecessors...
...have already lashed out at the President over the issue - former Bush Administration Middle East policy chief Elliott Abrams wrote in the Washington Post that "the Obama Administration continues to drift away from traditional U.S. support for Israel. But time and elections will correct that problem; Israel has a higher approval rating these days than does President Obama." And the influential American Israel Public Affairs Committee, to which all major leaders of both parties traditionally declare their unstinting support for Israel, expressed "serious concern" over Administration statements on the issue and demanded that the White House "take immediate steps...