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...less middle-of-the-road TV for everybody but more venues for telling stories that don't have to please 30 million people. The old networks (and the people who make shows for them) will struggle to make a buck, but new outlets will rise and thrive. ER will pass, but hospital dramas have birth stories as well as death stories. Broadcast TV may be flatlining. But its offspring are doing just fine...

Author: /time Magazine | Title: Here's to the Death of Broadcast | 3/26/2009 | See Source »

...fear hormones. On subsequent days, however, those women who had reported rebounding from a major life crisis in the past no longer felt the same subjective threat over speaking in public - and did not show a jump in cortisol. They had learned that this negative event, too, would pass and they would survive. "It's a back door to the same positive state because people are able to tolerate and accept the negative," says Elissa Epel, one of the psychologists involved in the study...

Author: /time Magazine | Title: A Primer for Pessimists | 3/26/2009 | See Source »

...Wall St.'s actions to task, he also suggested that the proposed bill from Congress would use the tax code to penalize a specific subset of people and would be contrary to good public policy. "Well, I think that - as a general proposition, you don't want to be passing laws that are just targeting a handful of individuals. You want to pass laws that have some broad applicability. And as a general proposition, I think you certainly don't want to use the tax code to punish people." He later went on to say, "Main Street has to understand...

Author: /time Magazine | Title: Why the People Who Broke the Financial System Will Profit | 3/25/2009 | See Source »

...long-established practice for medical providers such as hospitals and physicians to charge uninsured patients higher prices than patients with health coverage for the same care. (Insurers can negotiate cheaper prices through contracts and because of volume.) What the new study suggests, though, is that providers often pass along the cost of treating the uninsured to their insured patients. Its analysis found that families pay, on average, as much as $1,100 extra and individuals $410 extra in health-care premiums each year in order to cover the cost of treatment to uninsured patients who cannot afford to pay their...

Author: /time Magazine | Title: Do Your Premiums Help Cover the Uninsured? | 3/25/2009 | See Source »

These lessons will be particularly important as Obama this week tries to persuade skeptics in Congress to pass his $3.6 trillion budget and, as Geithner warned, the Administration is forced to go back to ask Congress for upwards of $750 billion to fund the bank-bailout plan. "We recognize it's going to be extraordinarily difficult, particularly in the wake of not just the events of the last two weeks, but the last nine months, frankly," Geithner conceded in the hearing...

Author: /time Magazine | Title: Five Lessons from the AIG Bonus Blowup | 3/25/2009 | See Source »

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