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...exactly what the Treasury would do, but one way it could work would be for the government to offer to directly purchase all newly originated loans by banks and mortgage lenders provided the loans carry rates of 4.5% or less. Proponents of the plan say the plan would be costless, and might even turn a profit. That's because based on current Treasury bond yields, the government can borrow money at 2.7% to fund the program, pocketing a profit...

Author: /time Magazine | Title: Treasury's Plan for Mortgage Rates Could Be Costly | 12/5/2008 | See Source »

...Beyond that, the key lesson of the past is a depressing one. There were no good, costless choices over NATO expansion, much less over Kosovo. A decision to withhold NATO membership from Eastern Europe, and to leave the Kosovars to their fate, would have exposed as hypocrites those who had spent the Cold War taking the high moral ground against the Soviet Union. But sometimes, we have just been reminded, good intentions are not enough to ward off tragedy. That's one reason why it's always worth keeping a volume of Yeats' poetry close at hand...

Author: /time Magazine | Title: The Cost of NATO's Good Intentions | 9/4/2008 | See Source »

...days of the election. But Peterson said he is not worried. “We knew there were stricter Election Commission rules this year, so we intentionally spent very little,” Petersen wrote in an e-mail yesterday. “Instead, we are focusing on costless grassroots effort: I find that students respond better to personal contact than doordrops and posters.” The campaign manager for the Petersen-Sundquist ticket, Tracy E. Nowski ’07, said that with the end of the election in sight, the Petersen campaign does not anticipate the need...

Author: By Alexandra Hiatt, CONTRIBUTING WRITER | Title: Candidates Rack Up Violations | 12/6/2006 | See Source »

...campaign had planned for this year’s stricter Election Commission rules. “We knew there were stricter Election Commission rules this year, so we intentionally spent very little,” Petersen wrote in an e-mail. “Instead, we are focusing on costless grassroots effort: I find that students respond better to personal contact than doordrops and posters.” Allen said that another presidential ticket, led by Tom D. Hadfield ’08 and running mate Adam Goldenberg ’08, who are both Crimson editors, has expressed concern...

Author: By Alexandra Hiatt, CONTRIBUTING WRITER | Title: Petersen Fined By Commission | 12/6/2006 | See Source »

Twenty-four-hour universal keycard access (UKA) would be a costless and efficient way to improve safety on campus, yet the administration has resisted it for half of a decade. The fight for keycard access has been a long and protracted one, with bureaucratic and administrative obstacles hindering its progress. But the House Masters’ previously-voiced concerns with UKA —including the lack of House guards at late hours, a feared loss of House spirit and the threat of so-called piggybacking of unwanted guests—have been repeatedly disproved. Quincy House and the first...

Author: By Matthew J. Glazer, | Title: Locking Students Out | 3/2/2004 | See Source »

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