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...number of economic signals suggest as much. Market volatility indices are way up. In addition to economic stagnation reflected in nine consecutive months of job losses, retail sector struggles and a suffering automotive industry, the market is fretting about potential disasters yet to come in the banking arena. European banks appear increasingly unstable, and doubts remain about American insurance companies and financial institutions stuck with dubious debt obligations...

Author: /time Magazine | Title: Why the $700 Billion Isn't Helping | 10/7/2008 | See Source »

...least due in part to a favorite claim of social justice types: that the SAT discriminates against students from lower socioeconomic backgrounds. For proponents of this claim, such a statement from the venerable Fitzsimmons is an exciting turn. However, there is simply a lack of compelling evidence to suggest that the SAT caters dramatically toward students with financial means. That so many participants of this particular educational debate have become fixed on making this a class war is unfortunate, and it begins to reflect the degree to which our culture of political correctness is damaging the future of higher education...

Author: By Lucy M. Caldwell | Title: Speaking Truth To Test Scores | 10/7/2008 | See Source »

...study's findings, based on data collected from nearly 500 mother-and-child pairs in California between 1997 and 2000, indicate that the use of a fan in an infant's room may reduce the likelihood of sudden death by 72%. But the data suggest that the protective effect applies mostly to babies in poor sleeping environments - those who are put to bed in overheated rooms or on their stomach...

Author: /time Magazine | Title: Fans Reduce Infants' Sudden Death Risk | 10/6/2008 | See Source »

...matter what more recent polls suggest, Obama's push in Missouri's conservative corners strikes Republicans as bluff, bluster and a bizarre waste of time and money. "You can't run out in the middle of the Ozarks and open an office and expect anybody to give a damn," says Selck. "Republicans are Republicans." Adds Hervey: "We are the Bible Belt. We are the home of John Ashcroft," referring to the son of a Pentecostal preacher who, after serving as Missouri governor and U.S. Senator, was appointed Attorney General and promptly ordered $8,000 in drapes to cover half-nude...

Author: /time Magazine | Title: Can Obama's Grass-Roots Army Win Missouri? | 10/6/2008 | See Source »

Anecdotal reports leaking out of the country suggest that life for some North Koreans is returning to the dark days of the 1990s famines. Families have been scavenging for wild roots and plants to supplement meager diets. Many children have stopped attending school because of hunger, while their parents are choosing to spend their days searching for food rather than show up for work. "So far, not many people are dying compared to the 1990s, but the situation is still bad," says Ham Myoung Sam, a manager with the Seoul-based aid group Korea Food for the Hungry International...

Author: /time Magazine | Title: The Real Crisis in North Korea? Food | 10/6/2008 | See Source »

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