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...central event of Burma VJ is the 2007 uprising. "Film them! Film them all! So many! So, so many!" cries one protester into a DVB camera, which then pans upward from the crowded streets to show rooftops and balconies packed with more cheering Burmese. It's moving to watch, not least because we know how it all ended. Within days, perhaps a hundred or more people were killed by the junta and thousands arrested. Those carrying cameras were singled out. (See pictures of Burma's aftermath...
Gramm's solution is tougher mortgage regulation. Down payments should be at least 5%, borrowers should be required to provide tangible proof of income, adjustable rate mortgages should only be approved if the borrowers can afford to make the payments after the rates have adjusted upward, home equity loans should be restricted...
...price-rent ratios is one way to tell the story of the housing boom and bust. The average of those 54 metro areas pretty much stayed in the 13-to-15 range from 1983 (when Economy.com's data begins) through 1999. From 2000 to 2001, the ratio started drifting upward, and it really took off in 2002, getting up to almost 25 in late 2005 and early 2006. Since then, the number has fallen, but not yet back to its 15-year average - though that average might be overstating where the ratio will eventually level out, anyway, since it includes...
...since Dec. 26 beneath Yellowstone Lake." The strongest tremor among the hundreds in the past week measured 3.9 on Dec. 27; most of the readings above 2.8 were felt by park employees and visitors around the lake area. The activity relaxed in magnitude early this week but then flexed upward again to top 3.0 by early New Year's Eve. "This December 2008 earthquake sequence is the most intense in this area for some years," YVO reported, "and is centered on the east side of the Yellowstone Caldera," the ancient collapsed volcano beneath Yellowstone Lake. The scientists said they cannot...
...Such sentiments weren't so controversial when regional growth rates marched upward with metronomic precision. But as Asia faces a global financial crisis, flexible and responsive leadership is all the more crucial. While the specter of economic mayhem catalyzed one of the most dynamic presidential campaigns in recent U.S. history, it has done little to spur Asia's democracies into action. Japan's parliament is unable to decide on an economic-reform package, while Malaysia and Thailand engage in partisan politics that has little to do with how to shield these export-led economies from a slowdown in the West...