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...There are absolutely no signs that the unemployment figures will be better for January. Some analysts believe they will jump by 600,000. This does not include people who have effectively stopped looking for work or any change in farm payrolls. The most pessimistic economists see 10% of the non-farm work force on the streets by early next year.That means more than two million more people will be without jobs...

Author: /time Magazine | Title: Why the Housing Market Has Yet to Hit Rock Bottom | 2/5/2009 | See Source »

...stimulus package pushed by Barack Obama big enough to jump-start the economy? KGB: We think that its success lies with the support of his fellow leaders & his constituents. Thx. (Response time: 4 minutes...

Author: /time Magazine | Title: Answers for 50 Cents: Testing the New KGB | 2/3/2009 | See Source »

...Still, don't make the mistake of giving these cases importance that they don't deserve. Or worse, don't jump to the conclusion that the CIA is overrun with misfits. CIA employees are still some of the most closely and routinely scrutinized workers in government. They endure regular and intrusive security background checks and polygraphs. Also, the CIA has a history of cleaning up its own messes. It was the CIA that caught Nicholson, as it did the notorious KGB mole Aldrich Ames...

Author: /time Magazine | Title: The CIA Scandals: How Bad a Blow? | 2/3/2009 | See Source »

...David Brooks and Reagan Administration economics adviser Martin Feldstein - is that an $800 billion stimulus package ought to be all about stimulus. They're not the Hooverish partisans who are whining that the package has turned into a "spending plan," as if government spending were a preposterous strategy for jump-starting the economy. They're concerned with how the money would be spent. They're O.K. with a short-term injection of cash, but they don't think this is the time for long-term government investments. They want to focus on fighting the recession, and they...

Author: /time Magazine | Title: What Is Real Stimulus and What Isn't? | 2/3/2009 | See Source »

...possible that amid the current credit crisis, banks have been unwilling to lend money for this trading operation. More likely, though, is that there is limited access to infrastructure for storage. A bank or hedge fund with no such infrastructure has to jump an enormous barrier to entry in order to set itself up for storage - apparently to the point of leasing supertankers...

Author: /time Magazine | Title: How Citigroup Makes Hay in the Oil Market | 2/2/2009 | See Source »

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