Reuters reported today that the Dresdner Kleinwort Wasserstein bank has warned its clients that revised US productivity figures due to be released Tuesday could result in a market crash.

It is expected that the revised productivity figures will indicate that US productivity has not only not been rising as expected, but that the whole productivty miracle of the 1990s was a result of measurement errors.

This means that the internet revolution, among other things, has increased the profitability of companies less than previously thought, and that future productivity increases will be less than expected. To read the full Insight article click here.

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Explorer’s Club board member Catherine Cooke will be discussing her journey to Nepal in search of the Yeti tonight on Dreamland. Ms. Cooke is the neice of Tom Slick, the legendary oilman who conducted the first scientific expeditions in search of the Yeti back in the fifties. Cathy followed in his footsteps, deep into parts of Nepal that remain to this day almost entirely untravelled. Braving an increasingly tense political situation and adverse weather conditions, she made some remarkable discoveries.
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Due to circumstances beyond our control, the Dreamland show we planned for tonight will not be aired. We will air this show at a later date. Tonight, enjoy a Dreamland classic, Dr. Rick Strassman on the first officially sanctioned DMT research in 40 years, and Dr. Edgar Mitchell on the fact that we really did go to the moon.

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From Genetic Crossroads.

After three hours of intense debate the U.S. House of Representatives on Tuesday voted 265 to 162 to pass the “Weldon bill” (HR 2505), banning both the creation of clonal embryos and their implantation in a woman to produce a cloned child.

This vote is a victory for opponents of human cloning, designer babies, and the new commercial eugenics. But it’s a victory that reveals a larger political failure–one with chilling implications.

The move in the U.S. Congress to ban human cloning was initiated by social conservatives and opponents of abortion. Seeing this, many liberals and progressives reflexively took the other side, apparentlywith little understanding of the issues or of what is at stake.
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