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...sign of relative confidence. It came, as Ulrich put it, in "stark contrast with major offshore markets - including the U.S., where regulators temporarily banned short-selling in recent weeks." And leverage - using borrowed money to buy or sell shares - is now viewed by politicians in the U.S. as the root of all financial evils. But the experiment in China is aimed at boosting sentiment in a stock market that has been crushed over the past year, for reasons only partly related to the global equity slump. Regulators in China hope the measure will increase liquidity and trading volume in China...

Author: /time Magazine | Title: China's View of the Financial Mess: Alarmed But Confident | 10/7/2008 | See Source »

...trash heap.” “Governor Patrick pretends to have finally addressed this egregious waste, but it remains wasteful, almost as wasteful as before,” said Howell. “This measure doesn’t even begin to root out the government waste in city and town spending.” Yet legislators argue that the initiative will affect the aid the state can give to local communities. “One would find it hard to believe that they would be able to lose 40 percent of revenue stream and not have...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Mass. Voters To Consider Income Tax | 10/6/2008 | See Source »

...state’s dime, he is considering a law to pay willing women $1000 to undergo Fallopian tube ligation and effectively promote state-sponsored sterilization of poor women. The law would also include tax incentives for wealthier, more educated couples to have more children. To him, the root of the welfare crisis lies in poor people reproducing faster than those who are presumably more qualified to have children. Poverty is a burden on the state, and diminishing that burden is apparently as simple as sterilizing poor people...

Author: By Rachel M. Singh | Title: The Undeserving Poor | 10/5/2008 | See Source »

...line. In the end, successful foreign-transplant shows are not really "imported"; they immigrate. Eventually, they need to learn a new dialect and new mores. If they succeed - like Archie Bunker and all TV's other Ellis Island inductees - they'll have to find a way to adapt, take root and thrive in their new home country...

Author: /time Magazine | Title: Fall TV: Remade in the USA | 10/3/2008 | See Source »

...historically awful week in the stock market, OneSeason.com, a new website that allows users to trade virtual shares of sports stars, made its debut. Sites like the Hollywood Stock Exchange have offered a similar market for actors and movies, and now the concept is trying to take root in the sports world. And while your cash isn't actually funding King James - don't expect a dividend check from his highness - the profits or losses are very real. "You've got a little skin in the game," says Michael Sroka, a 27-year-old ex-former hedge fund manager...

Author: /time Magazine | Title: Playing the Jock Market | 10/3/2008 | See Source »

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