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...that they will be voting on yet another bailout, this time of the Big Three American automakers. It is, perhaps, cold comfort to the more than half of Americans who oppose the move that the funds will not be drawn from new debt but rather from existing dollars appropriated earlier this year in the energy bill. This is the same modernization fund the automakers were banking on to get them from SUV-land to Hybrid-world, so it's likely that come January President-elect Barack Obama will have to find or print fresh resources to help keep the ailing...
...Berkeley, Chetty focused his research on the design of tax and social insurance programs. Earlier this year, he was awarded the American Young Economist Award, which included a $100,000 research grant, by The American magazine...
...deans’ letter re-confirmed Smith’s earlier commitment to maintaining a system of tenure-track promotion, and left open the possibility for a “small number of exceptions” to the ruling against tenure-track searches—a hint of flexibility that some professors said yesterday was encouraging...
...letter to Giorgopoulos' family, Greek Prime Minister Costas Karamanlis expressed his condolences and assured them that such a tragedy "won't be repeated". Interior Minister Prokopis Pavlopoulos had earlier submitted his resignation, but Karamanlis has refused to accept it, as the fragile center-right government tries to avoid collapse under the weight of the riots. (See pictures of Greece ravaged by forest fires...
...most aggressive rioters are believed to be anarchists, who trace their roots back to the resistance movement which took on Greece's military Junta between 1967 and 1974. Though democracy was restored to Greece in 1974, that earlier generation has continued to hold a fascination amongst the far-left fringe. Exarchia is close to the Polytechnic School of Athens, whose gates were crushed by the military to break up a student uprising in Nov. 1973. That incident inspired the Marxist terrorist outfit November 17, which killed 23 people in targeted assassinations before being dismantled...