Word: nationalism
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...Earlier this month, the government announced that it planned to quickly inject $125 billion of the $700 billion economic rescue package into nine of the nation's largest financial firms, including Wall Street titans Goldman Sachs and Morgan Stanley, as well as Bank of America, which recently acquired securities firm Merrill Lynch. That, along with other Treasury Department moves to rescue Wall Street, will mean the wallets of many investment bankers will be fatter than they would have been...
Rhode Island's unemployment rate is at 8.8%, the highest in the country and well above the national average of 6.1%, according to the most recent data available from the Bureau of Labor and Statistics. But Rhode Island's situation is hardly unique as the effects of the nation's economic downturn gather pace amid the ongoing financial turmoil. Twenty-one states have unemployment rates above the national average, with Michigan and Minnesota showing rates near Rhode Island's to make up the top three. Unemployment figures are certain to rise when the bureau releases its next set of figures...
...season traveling to Philadelphia, where the Penn women thumped the Crimson to the tune of a 2-0 victory. Harvard was still resting on that one wrong foot. The defense was stellar, headed by junior keepers Lauren Mann and Laura Dale, two of the best goalies, statistically, in the nation. But the offense still struggled. Enter the foot of Katherine Sheeleigh. The second-year standout forward is no stranger to scoring—last season she led the squad with eight goals and sixteen points, was Ivy League Rookie of the Year, and was chosen third-team freshmen All-American...
...reason he cast his absentee ballot for Obama, who graduated from the Law School in 1991. Fried will also resign from his post on the McCain Campaign’s Justice Advisory Committee. “Professor Fried is concerned about the choice of Sarah Palin when the nation is in crisis,” law professor and Obama adviser Cass R. Sunstein ’75 said in an interview on Friday. “I think his view is that at this time, the prospect of Governor Palin becoming President Palin is a source of concern...
...Like the nation, Massachusetts is already facing an economic crisis. Governor Deval L. Patrick ’78 has already had to slash the state budget by $1 billion. The cuts—$9 million for law enforcement, $31.9 million in mental-health resources, 1,000 jobs—have sobered members of both political parties. Question 1 would only kick us while we’re down. Revenue from the income tax represents 40 percent of Massachusetts’ budget—without it, the state faces cuts of $12.5 billion...