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...also taking other steps. It recently expanded on a program introduced late last year to inject billions of dollars of liquidity into the banking system. The reason is the continued rise of key interest rates - including all-important mortgage rates - due to financial market distress. We are therefore poised not only to see further policy-rate cuts, but also continued nontraditional central-bank actions to get credit markets working again, including possible outright purchases of U.S. mortgage-backed securities...

Author: /time Magazine | Title: The Fed Fights Back | 3/13/2008 | See Source »

...ECONOMY 63,000 Net number of U.S. jobs lost in February, the biggest decline in four years, after economists predicted a gain of 25,000 $200 billion Amount the U.S. Federal Reserve pledged to inject into the banking system, prompting a March 11 market rally that saw the Dow Jones industrial average surge 417 points - its biggest one-day gain in five years...

Author: /time Magazine | Title: Verbatim | 3/13/2008 | See Source »

More than 50 years ago, the historian Richard Hofstadter compared third parties to bees. They inject a new perspective into the political mainstream, and then they die. If Michael Bloomberg runs for President, he'll skip the first step...

Author: /time Magazine | Title: The Bloomberg Delusion | 1/31/2008 | See Source »

...Until then, the Democratic race is sidetracked on a direction that leads, like a scene from one of those Back to the Future movies, off a cliff. Yesterday on Meet The Press, Clinton said at one point she did not think either she or Obama wanted to "inject race or gender in this campaign." By the time she said those words, it was already too late...

Author: /time Magazine | Title: Race Spells Trouble for the Dems | 1/14/2008 | See Source »

...programs saves lives—a favorite point of critics—estimates suggest that such programs have saved 1,000 lives since they were first introduced. Because a heroin overdose shuts down the part of the brain responsible for controlling breathing, waiting for the paramedics to arrive to inject naloxone wastes precious minutes during which a person stops breathing. Quite simply, naxolone distribution programs deserve to be supported on the federal level for their potential to save lives, which should be the first aim of governments when approaching public health or drug policy. The debate over naloxone is reminiscent...

Author: By The Crimson Staff | Title: Life or Addiction? | 12/13/2007 | See Source »

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