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...soft-spoken, polite man who has long worked as obstetrician, Tom Coburn has angered senators from the right and the left in his decade-long battle to cut what he considers pork-barrel spending from the federal budget. Coburn has diagnosed such spending, known as earmarks, as "the gateway drug to spending addiction" and he's determined to cure Congress of this malady. As the Senate has worked to pass a key appropriations bill over the last two weeks, Coburn has attached 19 amendments to the bill, all targeting spending provisions he thinks are pork. Most famous for his attacks...

Author: /time Magazine | Title: The Senator Fighting Pork | 5/2/2006 | See Source »

...number of industries, most notably the airlines. Already buffeted by bankruptcies and labor disputes, the major carriers had made steady progress in shedding excess capacity and lowering labor costs. As a result, jets are fuller. But the till is still empty. Every dollar increase in the price of a barrel of oil translates into a $365 million immediate increase in fuel costs for the 11 major airlines. Even hyperefficient JetBlue has gone into the red. "High oil prices and continued losses will probably be a slow grind to liquidation for some airlines," says Vaughn Cordle, the founder of the analytical...

Author: /time Magazine | Title: Who Wins and Loses When Gas Prices Skyrocket? | 4/30/2006 | See Source »

...tight, they immediately bid up the price of contracts for future oil delivery. That cycle of fear isn't the only thing sending prices higher. Hedge funds, sniffing profits, are pouring money into oil and other commodities. The chase has added $10 to $15 to the price of a barrel of oil, say economists. Nor do the fundamentals of global oil offer much hope for lower prices over the long run. The growth in demand is exceeding the growth of supply by 400,000 bbl. a day, fed by the rapidly expanding Chinese and Indian economies...

Author: /time Magazine | Title: Who Wins and Loses When Gas Prices Skyrocket? | 4/30/2006 | See Source »

...some group leaders worry that with a larger number of groups comes a smaller pool of dedicated students. Brian P. Weller ’09 is a founding member of the pork barrel spending group. He believes that the abundance of policy groups spreads the reservoir of politically-active students too thin...

Author: By H. max Huber, CONTRIBUTING WRITER | Title: Institutional Reforms | 4/26/2006 | See Source »

...flashlight in hand, began her inspection of Redline restaurant on JFK Street. Although Fallon does not usually tag along, the gray-haired assistant commissioner ventured out of the office on this particular afternoon.Sullivan inspects the “rubbish area,” where the dumpsters and grease-rendering barrel are located. Excess food stuck on the inside of the dumpsters can easily attract rodents and insects that can enter the restaurant through the back door, she says.Several establishments in the Square, including Au Bon Pain, Spice, and Tommy’s House of Pizza, have been cited for rodent...

Author: By Rebecca L. Ledford, CRIMSON STAFF WRITER | Title: Policing Your Plates | 4/25/2006 | See Source »

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