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Poor Africa. It's both the literal and figurative meanings of that phrase that gall Dambisa Moyo. A Zambian-born, Harvard- and Oxford-educated economist who worked at Goldman Sachs for almost a decade, Moyo is particularly angry at the way overly solicitous Western financial aid has made Africa's "poor poorer." As she writes, "The notion that aid can alleviate systemic poverty ... is a myth." That $1 trillion-plus the U.S. has poured into Africa? Mostly useless. All that Bono-supported "glamour aid"? Somewhat insulting. The truth, Moyo argues, is that massive foreign aid encourages corruption and stifles...

Author: /time Magazine | Title: The Skimmer | 3/19/2009 | See Source »

...earmarks. But what about earmark-addicted Republicans, who oversaw an unprecedented explosion of earmarks when they controlled Congress, resisted efforts by Obama and other Democrats to inject accountability into the earmark process, and even grabbed over 40% of the earmarks in the current bill, yet have the gall to blast Obama's cave-in? Even John McCain, the leading crusader against earmarks, who railed against Obama's acceptance of the spending bill on the Senate floor this week, made exceptions during his presidential campaign for earmarks for Israel and military housing, as well as a ferry service for an impoverished...

Author: /time Magazine | Title: Obama's Budget: Earmarks Aren't the Real Problem | 3/5/2009 | See Source »

...book listing tourists, their host countries, and contributions ranging from 100 rupees (about $2) to 1000 ($20) or more. The solicitor, however, with a little convincing, yields to an offer of 10 rupees for the roof view even as nobody in the book has ostensibly had the gall to offer so little. On reflection, I’m sure zeroes will be added following the “10” I mark in the book in order to make it appear to the next traveler that nobody would insult the library with an offer of so small...

Author: By Max J Kornblith, CRIMSON STAFF WRITER | Title: In a Puri State of Mind | 1/15/2009 | See Source »

...quite to the point—he himself realizes its superiority to any E., however A. His illustration includes one of the key “Wake Up the Grader” phrases—“It is absurd.” What force! What gall! What fun! “Ridiculous,” “hopeless,” “nonsense,” on the one hand; “doubtless,” “obvious,” “unquestionable,” on the other, will...

Author: By A Grader | Title: A Grader’s Reply | 1/11/2009 | See Source »

...times: the same day the Senate convened with two Democratic seats unfilled (comedian Al Franken's microscopic margin of victory is being contested in Minnesota), Obama announced that the nation could soon face a trillion-dollar deficit. Instead of serious leadership, Congress gave us the Burris showdown--in which gall challenged sanctimony while insincerity vied with incompetence...

Author: /time Magazine | Title: The Moment | 1/8/2009 | See Source »

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