Word: moneyitis
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...Bernanke's actions have helped the world avoid another Great Depression. However, with the trillions of dollars in bailouts and money printing, have we not once again just kicked the can down the road for future policymakers to grapple with? Loren Spiekerman Foster City, Calif...
...that results are difficult to quantify over short periods of time. Even with a state-of-the-art teacher-training college, something desperately needed in Afghanistan, it would take at least four years to see qualified instructors placed in rural schools. But there is another way to spend money on education that is quantifiable, sustainable and quickly effective. In the 1970s, the Soviet Union provided thousands of university scholarships annually to Afghan students. The only condition - set by the Afghan government - was that each of those students return to Afghanistan immediately upon graduation. In Afghanistan, many of the most qualified...
...scholarship program. Not just to the U.S., as the Fulbright program does, but around the world. Yes, there is a possibility that scholarship students will abscond or seek asylum - the program will have to take those risks into account. But every year donors will be able to quantify the money spent on education and, in a generation or less, not only Afghanistan but the U.S. will begin to reap the rewards...
...Bernanke could install a mechanism that makes the cheap money provided by the Fed go only into the real economy, not into the speculation of Wall Street he could become man of the millennium. Alfred Feldmann, BREMEN, GERMANY...
Beyond saving money, Bobb sees his mission in broader terms: to improve the system's miserable academic performance. Again, the situation is dire. Last month brought news that more than three-quarters of the 900 eighth-graders who took a national math exam scored at "below basic" levels. In October 2008, some 57% of Detroit third- through eighth-graders essentially failed a state writing test. Detroit's graduation rate is 58%. "The system is academically bankrupt. This is almost academic homicide," Bobb says. (See pictures of a public boarding school...