Word: investments
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Dates: during 2000-2009
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What really keeps the house system from being just a collection of dorms with fancy names and arbitrary traditions is the devotion of house members. In typical Harvard fashion, students often invest massive amounts of time and energy in their houses—from House Committees to intramural sports to house events to random displays of house pride. Although the extent certainly varies from house to house, it is safe to say that all houses contain groups of people who actively participate in house life...
...dedicated interagency group that would respond to genocide by analyzing emerging threats and coordinating action with other nations. The panel, which also includes former U.S. Central Command chief Anthony Zinni, former Senate majority leader Tom Daschle and former Secretary of Defense William Cohen, recommended that the U.S. government invest $250 million in new funds for prevention and response...
Banks looking to invest the money they raise through deposit-gathering are finding that the numbers barely work at all. Easton Bank's Menzies, for example, recently lost a bid to get $5 million in cash from a local government in exchange for the bank's issuing the government a one-year CD. The winning bidder agreed to pay the government 3.72%. Menzies had offered 2.69%, which he considered a high rate, one that probably would have netted him just a 0.04- or 0.05-percentage-point profit after he rolled the money into an investment like a Fannie Mae mortgage...
Perhaps most importantly, both candidates have put forward plans to safeguard the expected billions of dollars in oil revenues which should start to flow into the country's coffers after 2010. In October, Akufo-Addo said he planned to set up an "oil fund" to invest revenues in developing the country's education, health-care and basic infrastructure. Mills went further, calling for the formation of an "independent authority which will account for the oil resource." "We don't want it to be a curse," he said. That curse, or resource curse, as economists call it, describes a tendency...
Others argue that this is an unfortunate time for any costly project, but it is shortsighted to ignore the positive potential for job creation and the need to invest in sustainable energy. From the economic crisis to our current dependence on foreign oil, it is undoubtedly clear that the United States needs clean, domestic energy. Estimates have shown that this plant will provide three quarters of the electricity needs for Cape Cod—relief that we need now more than ever...