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This breakdown in global security has been accompanied by an even more dramatic reversal of global economic fortunes. In early 2000, the dot-com bubble burst. More significantly, the rise in asset values that supported much global prosperity turned out to be an illusion largely fueled by easy credit; when the bubble burst, highly leveraged speculative positions reversed gear, and the international financial system came uncomfortably close to crashing. Even more troubling, the ongoing Greek debt crisis has suggested that weaknesses in sovereign debt may trigger another, even more profound global financial meltdown...
Palin then traveled some 250 miles northwest to join the Tea Party assault on Harry Reid in his ink-dot hometown of Searchlight, Nev. (pop. 738). Despite fears of unrest and a crowd of several thousand angry activists, the Searchlight event turned out to be a tame affair, mostly vague speeches about freedom and the evils of Washington. But the rhetoric was at times deviant and downright ugly: placards and T-shirts reading "Send Obuma [sic] back to Kenya" and "Pelosi is the White House's new Monica" were visible during Palin's brief speech, and she made no effort...
...hard to find homeless men and women in Cambridge, as most Harvard students can attest. They sleep in front of the Coop and in Cambridge Common. They dot the stretch of Mass. Ave. in front of the yard and crowd Harvard Square. To some extent, the presence of homelessness and poverty in Cambridge is a far more jarring realization than elsewhere. Quite literally in the shadows of the world’s richest and most reputable university, human beings go hungry and live on the streets...
Common Spaces: Reserve in advance. The Adams Lower Common Room and Upper Common Room are great for hosting meetings, study groups, and so on, but book them ahead of time. The Adams library is another cozy space with its own group of regular study-fiends. Nook-like common spaces dot the halls of Adams entryways, and the underground muraled tunnels lead to what used to be the Adams pool and is now used as a theater of sorts. For the athletically inclined, the Adams gym is a little lacking. The “dungeon” has six machines...
...Last month Toyota issued a recall of 2.3 million vehicles (most of which were in the earlier group) because of a fault with the pedal mechanism itself. Toyota has told drivers to remove the mats; its fix for the sticky pedal requires a free half-hour shop repair. The DOT has urged owners of recalled models to use caution and get to a dealer. Still unknown: whether an electronic problem is also a culprit in sudden acceleration. Toyota says...