Word: journalized
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...Lowdown: The report, published in the International Journal of Social Psychiatry, uses relatively simple language easily digested by anyone with an amateur interest in psychology (or who ever completed a high school science report). Although Skodlar, Dernovsek and Kocmur shy away from pinpointing the exact causes behind their observations - admitting that their research was hindered by a small sample size, the need to rely on second-hand interpretations of patients' problems, and the fact that the medical community's knowledge of schizophrenia has changed over the past century - their observations are enough to give us pause. While the underlying causes...
...economic slowdown, we were prospering," says Jason Hart, president of Aldi U.S., based in Batavia, Ill. And now? "We're certainly getting a lot more attention." The privately held company generated an estimated $5.8 billion in U.S. sales last year, up from $5.3 billion in 2006, according to trade journal Supermarket News. Aldi now has about 950 stores in 29 states and plans to open more than 100 stores in the next two years in Connecticut, Missouri and Texas...
...Harvard Management Company—the group charged with investing the University’s $36.9 billion endowment—is planning to unload $1.5 billion of its riskiest assets, The Wall Street Journal reported yesterday. The Journal’s article followed similar reports from the trade publication Private Equity Week, which said the company would sell $1 billion of its private equity portfolio. A $1.5 billion sale of its private equity holdings—nearly a third of Harvard’s investments in that sector—would mark one of the largest-ever sales...
...Lehman Brothers evaporated, McCain was running 2 points ahead. In September, when the Wall Street Journal asked people who was better on taxes, McCain beat Obama, 41% to 37%. Over the next month, there was an 18-point swing, until Obama prevailed on taxes, 48% to 34%. The Obama campaign never missed a chance to replay McCain's quotes about the fundamentals of the economy being strong or that he was "fundamentally a deregulator" at a time when regulation was fundamentally overdue. The moment McCain tried to seize the moment, suspend the campaign and ride back to Washington to rescue...
What are we to make of this development? Some conservatives say it endangers the underpinnings of American democracy, echoing the 2002 Journal editorial: "Workers who pay little or no taxes can hardly be expected to care about tax relief for everybody else. They are also that much more detached from recognizing the costs of government." This argument is historically obtuse, considering that the federal income tax was initially designed to hit only a tiny minority of high earners and exempt the other 99% (it first became a mass tax during World War II). It's also misleading, in that lucky...