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Body armor, by its very nature, is meant to protect the wearer from flying bullets, and in most circumstances outside a war zone it's tough to argue that they should be available for civilian use. For that reason, some states including New York ban their purchase by private citizens...

Author: /time Magazine | Title: Body Armor | 4/7/2009 | See Source »

The Treasury also said it would allow smaller investment managers to have a chance to participate in the program, probably in the hope that a wider net will catch more fish. But, when the local community bank in Akron, Ohio is allowed to get federal money to buy toxic assets...

Author: /time Magazine | Title: Banks are Worth What Their Stock Prices Say They're Worth | 4/7/2009 | See Source »

The top 50 contenders—from city, county, state, federal, and tribal government agencies—were chosen after several rounds of evaluation by policy experts on the basis of four criteria: novelty, significance, effectiveness and transferability, said Emily C. Kaplan, the competition’s program assistant.

Author: By Emma M. Benintende, CONTRIBUTING WRITER | Title: HKS Picks 50 Best New Ideas | 4/6/2009 | See Source »

In addition to receiving $5.2 million in compensation from hedge fund D.E. Shaw and $2.7 million in speaking fees, former Harvard President and professor Lawrence H. Summers also received nearly $600,000 in salary from the University this past year—only slightly less than what he was earning...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Summers Salary Data Released | 4/6/2009 | See Source »

A less scientific approach to politics is necessary because it is more practical. Indeed, Jimmy Carter once signed an executive order that federal regulations be written “simply and clearly.” When presented with a memo directing staffers to “obscure all Federal buildings?...

Author: By Brian J. Bolduc | Title: The Boredomization of Politics | 4/6/2009 | See Source »

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