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...People with those problems will inevitably wind up going into foreclosure. Secondly, we're going to see a whole slew of option-ARM loans reset next year. In many cases, these properties are going to be upside on the loan amount. In other words, the homes will be worth less than what's owed on the loans. The only way these loans will qualify for modifications is if the lenders took a huge principal-balance write-off, and we just haven't seen any appetite for that...

Author: /time Magazine | Title: Q&A: The Outlook for Home Foreclosures | 11/3/2009 | See Source »

...School of Medicine, witnessed out-of-control apoptosis in the brains of rats treated with drugs that mimicked the action of the general anesthetic ketamine. Starved of calcium, whole portions of the rats' brains died off - enough to cause significant cognitive impairment. In adult rats, the effect was much less severe. "There is something about the young brain that makes it exquisitely sensitive to the loss of calcium," says Turner, who was the first to propose that calcium depletion is a critical first step in drug-induced brain-cell injury...

Author: /time Magazine | Title: Anesthesia: Could Early Use Affect the Brain Later? | 11/3/2009 | See Source »

...happen when temperatures are cold and the air is extremely dry, which is the case at Kilimanjaro's higher-than-19,000-ft. summit (it's the same reason ice cubes slowly wilt away in a frost-free freezer). That happens all the time, but if there's less precipitation to build the glaciers back up, which may be the case here, the result is a net loss of ice. (See TIME's photo-essay "This Fragile Earth...

Author: /time Magazine | Title: Why Are Kilimanjaro's Glaciers Fading? | 11/3/2009 | See Source »

...that bit of fact-checking is looking a lot less convincing with the publication of a study on Tuesday in the Proceedings of the National Academy of Sciences. Lead author Lonnie Thompson, a glaciologist at Ohio State University who has been to the summit of Africa's tallest mountain repeatedly over more than a decade, says that while the glaciers did start melting a century ago, their retreat has sped up dramatically in recent years. "We've lost 26% of the ice since 2000 alone. And that, unfortunately, is just what we predicted would happen." Within a few decades...

Author: /time Magazine | Title: Why Are Kilimanjaro's Glaciers Fading? | 11/3/2009 | See Source »

...frustration and anger. It's not politically based. These are not people who are being prodded by the Republican party. In fact, I would say that the Republican party right now, for the most part, doesn't have enough organizational capacity to put together a two-car funeral, must less a major protest...

Author: /time Magazine | Title: Mike Huckabee on the (Book Tour) Trail | 11/2/2009 | See Source »

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