Dr. Willoughby said he had tried to induce the coma in part because evidence suggested that rabies did not permanently damage any brain structure. Instead, death comes because the virus seems to cause temporary dysfunction of brain centers that control critical functions like breathing and swallowing.
THE next time you are in Minneapolis, you may like to visit St Joan of Arc church. Its weekend masses are packed; the congregation has doubled to 4,000 households in the past 12 years; the median age of its members is much lower than that of most other churches. It sends do-gooders to a sister parish in Guatemala, and professional musicians often stop by to jam at mass. This liberal Roman Catholic church hit a bump recently when conservative critics complained to Rome about some of its practices, including an open door for homosexuals. The bishop tried to intervene, but met a wall of protest from parishioners. St Joan's pastor, Father George Wertin, says that he is mindful of the church's teaching, but remains committed to inclusiveness and social justice.
Economic `Armageddon' predicted
By Brett Arends/ On State Street
Tuesday, November 23, 2004
Stephen Roach, the chief economist at investment banking giant Morgan Stanley, has a public reputation for being bearish.
But you should hear what he's saying in private.
Roach met select groups of fund managers downtown last week, including a group at Fidelity.
His prediction: America has no better than a 10 percent chance of avoiding economic `armageddon'.
Press were not allowed into the meetings. But the Herald has obtained a copy of Roach's presentation. A stunned source who was at one meeting said, ``it struck me how extreme he was - much more, it seemed to me, than in public.''
Roach sees a 30 percent chance of a slump soon and a 60 percent chance that "we'll muddle through for a while and delay the eventual armageddon.''
The chance we'll get through OK: one in 10. Maybe.
In a nutshell, Roach's argument is that America's record trade deficit means the dollar will keep falling. To keep foreigners buying T-bills and prevent a resulting rise in inflation, Federal Reserve Chairman Alan Greenspan will be forced to raise interest rates further and faster than he wants.
The result: U.S. consumers, who are in debt up to their eyeballs, will get pounded.
Less a case of ``Armageddon,'' maybe, than of a ``Perfect Storm.''
Roach marshalled alarming facts to support his argument.
To finance its current account deficit with the rest of the world, he said, America has to import $2.6 billion in cash. Every working day.
That is an amazing 80 percent of the entire world's net savings.
Sustainable? Hardly.
Meanwhile, he notes that household debt is at record levels.
Twenty years ago the total debt of U.S. households was equal to half the size of the economy.
Today the figure is 85 percent.
Nearly half of new mortgage borrowing is at flexible interest rates, leaving borrowers much more vulnerable to rate hikes.
Americans are already spending a record share of disposable income paying their interest bills. And interest rates haven't even risen much yet.
You don't have to ask a Wall Street economist to know this, of course. Watch people wielding their credit cards this Christmas.
Roach's analysis isn't entirely new. But recent events give it extra force.
The dollar is hitting fresh lows against currencies from the yen to the euro.
Its parachute failed to open over the weekend, when a meeting of the world's top finance ministers produced no promise of concerted intervention.
It has farther to fall, especially against Asian currencies, analysts agree.
The Fed chairman was drawn to warn on the dollar, and interest rates, on Friday.
Roach could not be reached for comment yesterday. A source who heard the presentation concluded that a ``spectacular wave of bankruptcies'' is possible.
Smart people downtown agree with much of the analysis. It is undeniable that America is living in a ``debt bubble'' of record proportions.
But they argue there may be an alternative scenario to Roach's. Greenspan might instead deliberately allow the dollar to slump and inflation to rise, whittling away at the value of today's consumer debts in real terms.
Inflation of 7 percent a year halves ``real'' values in a decade.
It may be the only way out of the trap.
Higher interest rates, or higher inflation: Either way, the biggest losers will be long-term lenders at fixed interest rates.
You wouldn't want to hold 30-year Treasuries, which today yield just 4.83 percent.
'Today, the technologies of deception are developing more rapidly than the technologies of verification. Which means we can use a television camera, plus special effects, plus computers, etc. to falsify reality so perfectly that nobody can tell the difference. And the consequences of that eventually could be a society in which nobody believes, everybody knows that seeing is not believing, and nobody believes anything. With the exception of a small minority that decides to believe one thing fanatically. And that's a dangerous social/cultural situation.Eerie. I'd wondered where Toffler went after the Future Shock books I read as a child. In retrospect the shocks he described were only the merest hints of times to come. As too our shocks shall seem but minor things ...
One of the consequences of living through a period like this, which is in fact a revolutionary period, is that the entire structure of society and the processes of change become nonlinear. And nonlinearity I think is defined almost by the statement that 'small inputs can have large consequences.' While large inputs can sometimes have very small consequences. That also means in a political sense that very small groups can, under a given set of circumstances, achieve power. And that is a very threatening idea for anything remotely resembling what we believe to be democracy. So we're going into a period, I think, of high turbulence and considerable danger, along with enormous possibilities.'
--interview with Alvin Toffler, in Modulations: A History of Electronic Music
Imagine if one were to create a website composed entirely of pictures of these children. Someone in Iraq would have to provide the pictures. A gallery of hundreds or thousands of pictures. Whatever we could get.
Once a week each of us prints out one of the pictures and mails it to the only people with any power:
Tom DeLay
George Bush
Bill Frist
That's all. One picture a week. With or without a comment.
A group of swimmers has told how a pod of dolphins protected them from a great white shark off New Zealand's coast.
The lifeguards were training at a beach near Whangarei on the North Island when they were menaced by a 3-metre shark, before the dolphins raced in to help.
The swimmers were surrounded by the dolphins for 40 minutes before they were able to make it safely back to the beach.
They scanned the brains of 26 patients with chronic back pain and 26 healthy people.
The patients with chronic pain caused by damage to the nervous system showed shrinks in the brain by as much as 11% - equivalent to the amount of gray matter that is lost in 10-20 years of normal aging.
The decrease in volume, in the prefrontal cortex and the thalamus of the brain, was related to the duration of pain.
Every year of pain appeared to decrease gray matter by 1.3 cubic centimetres.
A $388 billion government-wide spending bill, passed by Congress on Saturday, was stranded on Capitol Hill yesterday, its trip to the White House on hold as embarrassed Republicans prepared to repeal a provision that could give the Appropriations committees the right to examine the tax returns of Americans....
... "It's simply representative of the way Congress is now operating," said Allen Schick, a professor of public policy at the University of Maryland. "It shows on the one hand how easy it is to put something in [an omnibus bill] without anybody else knowing about it." Although this may look particularly egregious, he said, the giant bill also contains hundreds of other provisions that could not be enacted into law if they were offered as single bills requiring full debate and scrutiny in both houses.
Such huge bills, lawmakers acknowledge, represent a breakdown of the normal budget process. For the second time in three years, House and Senate Republicans, bitterly divided over the level of domestic spending, failed to agree on a budget blueprint, as required by law.
The impasse forced delays in drafting many of the spending bills, and when Congress returned last week from its election recess, it had yet to complete nine of the 13 annual appropriations bills. Seven of the spending bills had never been to the Senate floor for debate, one had never been to the House floor, and one funding the nation's nuclear weapons programs and Army Corps of Engineers water projects was still in a Senate subcommittee.
To overcome this problem, GOP leaders crammed all the remaining legislation into a single omnibus package that, under congressional rules, could not be amended.
It contained all the unfinished spending bills, along with three other pieces of major legislation -- the Satellite Home Viewer Extension and Reauthorization Act, the Snake River Water Rights Act, and the Federal Lands Recreation Enhancement Act.
Along with those measures, lawmakers and staffs added thousands of local projects benefiting home states and districts. Also included in the final bill was a major provision barring states from enforcing laws that require health care providers, hospitals, HMOs or insurers to pay for, provide or give referrals for abortion.
But when the measure was rushed to the floors of the two chambers Saturday, few members had read it. Lawmakers absent from the Capitol for weeks while campaigning for reelection returned for a brief lame-duck session to complete the work of the 108th Congress.
The secretive process, Schick noted, gives GOP leaders enormous power to add provisions that they or special interests might want, and to delete provisions that GOP factions or the White House find objectionable.
Frist, for example, ordered negotiators to accept the abortion provision, even though it had never gone to the Senate floor and was only in the House-passed version of the bill covering health appropriations. Senate opponents agreed not to block its consideration after Frist promised to schedule a vote soon on a bill drafted by Sen. Barbara Boxer (D-Calif.) to repeal the provision.
GOP leaders also deleted provisions on overtime regulations and the outsourcing of government jobs despite support in both houses.
For around $60,000 a year in an area with a high cost of living, he had been set to work on a six-day-a-week schedule. On weekdays, his team worked from 9 to 10 (that is, 9 a.m. to 10 p.m.), and on Saturdays, a half-day (that means 9 to 6). Then Sundays were added - noon to 8 or 10 p.m. The weekly total was 82 to 84 hours.
By tradition, Silicon Valley employers have always offered their bleary-eyed employees lottery tickets in the form of stock options. E.A.'s option grants, however, offer little chance of a Google-like bonanza. An employee who started today with an options package like that of the E.A. worker just described (and who stayed with the company the four years required to fully vest) would get $120,000, for example, if the share price quadrupled - and proportionally less for more modest increases. The odds of a skyrocketing stock grew much longer this month, when the company said competition had forced it to cut prices on core sports titles.
