Word: idea
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...dispose of the assets of failed savings and loans. The difference is that while the RTC took over the assets of corporate corpses already in government hands, the assets everybody's worried about now are on the books of still alive banks, investment banks and other firms. The idea would be to get them off the books of these institutions, hold on to them for a few years and possibly try to renegotiate their terms to slow foreclosures. The big challenge will be coming up with a way to do this that avoids bestowing a wholly unearned windfall...
...radical idea. But, given the problematic state of American public education, we may need some crazy, radical thinking. I doubt that this notion has ever even crossed the mind of Harvard’s admissions office—and that is equally problematic. The point is that everyone—especially a powerhouse like Harvard—should be thinking outside the box about how he, she, or it can turn this problem on its head. This editorial doesn’t need to convince you that we should take this radical measure—only that even...
...Perhaps the most important issue is that this idea of service is inherently nationalistic. What its advocates desire is not service for its own sake, but service as a way to strengthen people’s ties to their government. Rick Stengel, the managing editor of Time magazine, lamented in an article last year in Time that volunteer rates are higher than they have ever been. Why is this a problem? Because it accompanies record low confidence in democracy and the American government. His concern is that “[p]eople see volunteering not as a form of public...
...Trying to mimic a portfolio we can’t actually follow is a bad idea,” wrote portfolio manager Roger Nusbaum on TheStreet.com, “but learning from people who are smarter than us is a good idea...
...leadership background, and years of training flying fighters and such, to fly something like a flight simulator," Air Force Cadet Michael Warzinski said in a message on an official Air Force website reacting to Schwartz's initiative. To which General Schwartz, who is said to be open to the idea, might say: one radical step at a time, Cadet...