Word: nationalism
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While some retail credit unions located in frothy real estate regions have suffered - so far this year, 16 have been taken over by the NCUA - they have in general held up better than corporate credit unions. Some of the nation's 28 corporate credit unions moved heavily into securities tied to mortgages, car loans and credit cards. That means they are now racked by the sorts of write-downs plaguing commercial and investment banks...
...justify cutting carbon. A recent study by the Government Accounting Office (GAO), the independent investigative arm of Congress, sharply criticized the Clean Development Mechanism, the U.N. body that oversees the Kyoto Protocol's carbon-trading practices. The GAO found that carbon offsets - whereby a company in a rich nation pays for a carbon-reducing project elsewhere in lieu of cutting emissions itself - were at best a "temporary solution," not the answer to climate change. A new study by the National Center for Atmospheric Research and the University of Colorado found that there was little evidence that developing nations would ever...
...large. Investing some of the endowment in new initiatives or in establishing Harvard as a carbon-tax test scenario obviously won’t solve the problem alone. But just because these efforts have no guarantee of concrete success does not mean they are not worthy undertakings. The entire nation will have to make sacrifices for us to really combat carbon emissions, but it can start at Harvard...
Until we can inspire our nation to move with a united effort to mitigate climate change, Harvard must take the lead in building a sustainable future. University Hall can hang all the green banners it wants, but Harvard must take real financial and social action if it wants to be a true champion of the environmental cause...
...Rasmussen poll ranked Blagojevich the "least popular governor" in the nation. His approval rating among Illinois voters is around...