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...credit for corporations is far from dry. In fact, the 22 largest banks in the Treasury's Troubled Asset Relief Program issued or renewed $127 billion in business loans in November, roughly the same as five months ago. And bank lending, now at $6.7 trillion, is at the same level it was at the end of 2007, when the economy was still expanding. That would be a problem if we had serious inflation. When asset prices rise and loan values don't, that can signal economic stagnation. But at a time when many asset prices are falling, it makes sense...

Author: /time Magazine | Title: Bank Lending Is Still Down. Should We Be Worried? | 1/8/2010 | See Source »

...This represents significant progress on a very difficult problem,” said Hartl, whose research also focuses on how gene evolution affects organisms at the molecular level...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: Harvard Researchers Use Innovative Method to Follow Genetic Footprint | 1/8/2010 | See Source »

...effective at running such a program as the Saudis, because Saudi Arabia's survival as a regime depends on suppressing its extremist threat. In Yemen, with little government ability to monitor released former Gitmo detainees in the hinterlands of the nation, a program could probably not guarantee the Saudi level of success. And even Saudi Arabia's 15% recidivism rate is problematic: the No. 2 leader of al-Qaeda in the Arabian Peninsula, the group that allegedly trained the Christmas Day bomber, is a graduate of the Saudi program...

Author: /time Magazine | Title: Obama's Dilemma: What to Do with Yemenis in Gitmo | 1/7/2010 | See Source »

...Even relations within the parties have gotten testy of late. On Tuesday, Pelosi, in answering a question about President Obama's unfulfilled promise to open up health reform negotiations to a new level of transparency, took a swipe at the "number of things that [Obama] was for on the campaign trail" that have been left undone. Senator Blanche Lincoln, an Arkansas Democrat, ripped into her colleague Ben Nelson of Nebraska for "horse-trading" his vote on health care and called for the special Medicaid funding provisions he won in return for his support to be removed from the final legislation...

Author: /time Magazine | Title: Senate Retirements Point to Dems' Uphill Election Fight | 1/7/2010 | See Source »

...These are all the kinds of very basic, human-level details security people have looked for since Islamist terrorism rose as a threat," the European official explains. "But these are also basic details that can now get overlooked as surveillance becomes more technical and computerized and people wait for a warning beep to sound. Yes, Abdulmutallab should have been entered into U.S. systems, but even without that, someone somewhere should have seen these other details and checked them out." (Read "The Lessons of Flight...

Author: /time Magazine | Title: Flight 253: Too Much Intelligence to Blame? | 1/7/2010 | See Source »

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