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...What's abnormal today is how low long-term rates have remained, explained at least in part by China's and Japan's historic demand for Treasury bonds. Absent unprecedented foreign demand, Treasury bond yields likely would be well above short-term yields today-and Chicken Little would have no audience. That's not to say the yield curve won't invert again, and grow more pronounced. If it does, be warned. But we're not at the breaking point today, and may not get there for years...

Author: /time Magazine | Title: A Warning from the Bond Market? | 12/29/2005 | See Source »

It’s also worth pointing out that, while racism is far from absent in Australian life today, a beach riot between gangs of Lebanese and non-Lebanese youths does not amount to evidence of national racism or even racism per se. Cultural hostilities (on both sides) and ugly displays of nationalism, sure, but Moore draws a long bow to relate this to a history of color-based immigration policies...

Author: By Helen Irving | Title: Australian Racism And Egalitarianism Misconstrued | 12/19/2005 | See Source »

...yesterday. But Harvard Law School Clinical Professor of Law John G. Palfrey ’94 said that he doubts that a request for the Little Red Book alone could have prompted a visit from government officials. “That seems extremely unlikely to me to have happened absent other circumstances,” Palfrey said. He suggested that the student may have been under surveillance for another reason. Palfrey said he doubts that the Department of Homeland Security monitors general interlibrary loans, although he said that access to Americans’ personal information is easier today than...

Author: By Lois E. Beckett, CRIMSON STAFF WRITER | Title: Homeland Security Agents Visit UMass Student | 12/19/2005 | See Source »

...executive directive in question, among others—is technically legal or constitutional is secondary to whether it is right and in accordance with the American ideals, the American ethos. It is not. Listening to the President’s poor and inadequate defense of this disgraceful policy, noticeably absent from his touted “longest speech ever” last night, a damning charge leveled in the Declaration of Independence against another George is called to mind: “He has affected to render the Military independent of and superior to the Civil Power...

Author: By Peter C. D. Mulcahy, CRIMSON STAFF WRITER | Title: Spying on the Homeland | 12/19/2005 | See Source »

...professorships and 10 Innovation Funds at the DEAS. It’s not certain that Ballmer is that specific donor. Ballmer did not return phone calls or an e-mail seeking comment yesterday. Another note is directed toward Waters, thanking him for his generosity. Waters, like Ballmer, is absent from the donor list on the Challenge Fund website. The list does, however, refer to an anonymous donor from the Class of 1968 who established an Innovation Fund. Waters graduated in 1968. He did not return a phone call and e-mail requesting comment yesterday. The suggested note to Waters reads...

Author: By Nicholas M. Ciarelli and Alexander H. Greeley, CRIMSON STAFF WRITERSS | Title: E-mail May Out Secret Donors | 12/15/2005 | See Source »

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