Word: havener
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...master of the lodge before you in his top hat. It's very traditional, early-1800s garb. And after the ritual - and this is true of all the Masonic degrees - the master recites a lecture on the group's history and symbols, memorized word for word. Those haven't changed in 200 years...
...their belief that financial markets should work out their own problems, Andrew Mellon and his kindred spirits at the Fed triggered a financial collapse that more or less ensured major, permanent government participation in the financial sector. By intervening aggressively, Hank Paulson and his kindred spirits at the Fed haven't quite ensured a continuation of the status quo - some reforms will come, and banks and their regulators will tread more gingerly for at least a few years - but they do seem to have headed off a re-enactment of the New Deal...
Then came the Panic of '08. Investors saw Treasuries as a safe haven and poured money into them, driving down interest rates. Officials in Washington spared no expense in battling the crisis. The result is a deficit of unprecedented size but with no perceptible pressure from financial markets to reduce it. No pressure so far, at least. The federal debt, at $7.6 trillion, is now above 50% of GDP and rising. The government faces commitments to Social Security and Medicare that dwarf that figure. Republican congressional leaders have decided they care about deficits again - and seem to be making headway...
...called off shortly after her disappearance, and Yale students prayed for Le’s safe return at The University Church earlier yesterday. Le’s family and fiance are cooperating with the investigation, and more than 100 law enforcement officials from four different agencies including the New Haven Police Department, the Yale Police Department, the Connecticut State Police and the Federal Bureau of Investigation are involved in the case. Anyone with information pertaining to Le’s disappearance is asked to call the FBI tip line at 1-877-503-1950. —Staff writer June...
...lead, finishing with a final tally of 234 points on the weekend. The regatta was won by the Jumbos from Tufts, who edged out the Connecticut College Camels by a single point.HARRY ANDERSON TROPHYThe Crimson co-ed squad’s more experienced sailors made the trip to New Haven this weekend, where they finished a respectable ninth in a field of 20 teams at the Harry Anderson Trophy.Racing in the A division, junior captain and skipper Alan Palmer, along with Charles, placed eighth. While the middle-of-the-pack finish might not have been exactly what the pair...