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...conspicuous fact with our [Case-Shiller] data is that prices are still falling, although at a somewhat lower rate. There is also some sign of pick-up in pending-home sales. But to me the dominant fact is that prices are still falling. We've never seen a real estate market turn on a dime. For the longer horizon, though, it's possible that we are picking up. The other thing that is striking is that home prices have come down a lot, so they're no longer very overpriced...
...Still, the Administration has already made great strides in opening up to technological innovation. On Jan. 21, his first full day in office, Obama signed an Executive Order calling for all departments and agencies to "establish a system of transparency, public participation and collaboration." At the same time, White House lawyers, working with other federal agencies, sought to create new "terms of use" agreements with private companies that would allow government to sign up for social networks like MySpace, YouTube and Facebook as if they were just another person. What was once the sole domain of adventuresome government agencies...
...next day, I join Tinka and a group of other Masai on a drive out of the protected reserve into Masai communal grazing lands. The only sign that we've crossed over is a line of cow tracks. Zebra and topi antelope graze under acacia. Tinka points out branches stripped of bark. "They have been cleared by elephants," he says. A few more bends in the road and we've arrived at the Koiyaki Guide School, where Tinka is one of 26 students being trained for work in the reserve...
Book well in advance, because the gazebo is a favorite rendezvous for members of Bangkok's high society, and Agalico is only open Friday through Sunday. The place is a bit hard to find - there's no sign - but having to enter through the side entrance of an unassuming commercial building gives your arrival an Alice in Wonderland quality. And if there's no white rabbit, the white Persian cat that strolls the garden is an acceptable substitute. Diners who like the furniture can have reproductions made by the owner, who also runs a design and landscaping firm. There...
...Some even argue that because the provincial governments and a majority of municipal ones remain in the hands of the PNV, the change in government will have little impact. "Look, it's important that the PNV has been substituted, it's a sign of the health of our democracy" says Carmen Gurruchaga, author of several books on Basque nationalism. "But it's window-dressing. All the real power - which is to say the economic power - is still with...