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...black hole the government created when it did not initially establish reporting and monitoring systems: "TARP agreements generally do not require recipients to report or to track internally the use of TARP funds ... If the American taxpayer is to be expected to fund this extraordinary effort to stabilize the financial system, it is not unreasonable that the public and its representatives in Congress have some understanding as to how those funds have been used by the recipients...

Author: /time Magazine | Title: TARP Oversight Report | 2/6/2009 | See Source »

...banks to motivate them to extend credit to borrowers and communities: "There was no requirement for recipients to monitor their use of the funds, and it has been widely reported that banks have been "hoarding" the money, acquiring other banks, and paying off debt. Treasury has recently begun to establish periodic reporting guidelines for certain TARP recipients...

Author: /time Magazine | Title: TARP Oversight Report | 2/6/2009 | See Source »

...Harvard, the NAACP has followed a similar trajectory. Though a group of students founded a chapter in 1998, it soon became defunct due to a “lack of leadership,” according to Nortey. This time around, students are working to establish a more enduring presence at Harvard by enlisting talent from across the university. “We want to harness the skill sets of lawyers-to-be, doctors-to-be, policy-makers too-be, and businessmen-to-be,” Nortey said. Kennedy School student Desiree M. Cormier stressed the NAACP?...

Author: By Courtney P Yadoo, CRIMSON STAFF WRITER | Title: Harvard NAACP Revamped | 2/5/2009 | See Source »

...about 75 percent of students qualify for free or reduced lunch, compared to the district average of about 45 percent. At both the Community Charter School of Cambridge and Prospect Hill Academy, the number is about 50 percent. Riordan said that mandating these population quotas would hurt efforts to establish schools with balanced populations. “You can imagine that if there were a new charter school with 80 percent of students in need, not that many students of privilege would apply to that school,” he said, adding that the best model would be to have...

Author: By Michelle L. Quach, CRIMSON STAFF WRITER | Title: Patrick To Raise Charter School Spending | 2/2/2009 | See Source »

...that sense, the greatest strength of science is also its greatest weakness. Science advances through perpetual disagreement and revision; scientists establish rigorous methods and standards to work toward the achievement of truth, and never seek to predict outcomes unconditionally. These practices allow for the exhilaration of unexpected discoveries. But it comes with a caveat: When the scientific method is turned inward to examine its own premises, it becomes destabilized. An ideological breach opens, in which, theoretically, a God or ethics could exist...

Author: By Bilal A. Siddiqui | Title: The End of Science | 1/30/2009 | See Source »

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