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Having vanquished Venezuela's political establishment, Chávez has set his sights on bigger targets. Exploiting the fact that the U.S. gets about 15% of its foreign oil from Venezuela, he pushed the Organization of Petroleum Exporting Countries, of which Venezuela is a founding member, to pump up crude prices. In 1998, Venezuela's state-run oil monopoly, PDVSA, earned less than $14 billion in export revenue; this year it is expected to rake in almost $40 billion. In 2002 the White House was widely perceived to have backed a failed coup attempt against Chávez. (The Bush Administration denies...

Author: /time Magazine | Title: Is Chavez Crazy Like a Fox? | 9/24/2006 | See Source »

...sexy, she strides onstage and, with a Valley Girl's perky naiveté, utters one social faux pas after another. "The best time to have a baby," she says, "is when you're a black teenager." Then she makes some apologetic qualifier that gets her pretty mouth into even bigger trouble. Of course, this Sarah Silverman is a stage persona, a one-shtick pony that could grate if not for her zazz and nervy aplomb. "I don't care if you think I'm racist," her alter egotist says defiantly. "I just want you to think I'm thin...

Author: /time Magazine | Title: 6 Standouts of Stand-up Comedy Come to DVD | 9/24/2006 | See Source »

...orbit may be slightly elliptical...that’s important,†Noyes said. “If it’s elliptical, then you can get tides on the planet induced by its star—that could cause some heating that could make it bigger.†In the future, the team is hoping to make observations from space using the Hubble and the Spitzer telescopes to get better measurements on the transit curves. With HAT generating additional planetary candidates, Noyes believes that more and more transiting planets will be detected...

Author: By Lulu Zhou, CRIMSON STAFF WRITER | Title: ‘Fluffy Planet’ Spotted | 9/19/2006 | See Source »

...industry average of 3 percent goes a long way. If we screw up, we liquidate the fund, return the diminished capital, and start the whole thing all over again. It’s a win-win-win. Q: So to get more fees, you always want to get bigger? A: Exactly. Q: But doesn’t getting bigger require riskier positions to generate the big returns your investors want? A: Yeah, but our models can handle that. Q: Then how’d you lose 5 billion in a week? A: Oops. Q: Seriously...

Author: By Adam J. Katz, | Title: When Genius Fails Again | 9/19/2006 | See Source »

...interest in teaching. Harvard should do away with the three-year and eight-year rules to allow the best lecturers to continue to teach on a contract basis.Proponents of the current system offer two main arguments. First, they hope that Ph.D. candidates and preceptors will go on to bigger and better things, and wish not to promote full-time instruction as a viable career choice. This strain of opposition is not only misguided—Harvard instructors are capable of making their own career choices—but it necessarily compromises Harvard’s ostensible commitment to teaching...

Author: By The Crimson Staff | Title: Shopping for Teachers | 9/18/2006 | See Source »

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