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...grilling in the Senate seemed tough, they are sure to face much more skepticism from the lower chamber of Congress. Senate Majority Leader Harry Reid and Pelosi have said that if both committees approve of Detroit's recovery plans, they will call Congress back into session next week to pass a bill. Of all the compromises open to lawmakers, one thing is nearly certain: the bigger and more complicated the plan, the less likely it is to pass...
Most informed people acknowledge that the financial mess began not with Republican deregulation but with liberal social engineering - exploited by Wall Street, to be sure, and unchecked by either party. A Republican House helped pass the Sarbanes-Oxley Act, the most sweeping regulatory bill since the time of Franklin D. Roosevelt. If liberals rule unconstrained, we won't recognize our country in 30 years. Lori Zimmerman, RED BANK...
Near as I can tell, these guys are all dressed up for battle with no one to fight. Who are these latter-day Hooverites? What prominent economist is out there opposing a stimulus? What politician has said he or she will pass up the opportunity to vote for spending a few hundred billion in a big hurry? Harvard professor Gregory Mankiw, who chaired George W. Bush's Council of Economic Advisers, noted puckishly in the New York Times that he has children, whereas John Maynard Keynes--the intellectual godfather of the idea that government spending can jolt...
...fans in attendance little time to breathe.After 13 minutes of play, Harvard had built a 31-15 lead and was shooting an astounding 72 percent from the floor and 80 percent from behind the arc.The team was firing on all cylinders. Solid defense led to a number of wayward passes from the Wildcats, and the speed of the Crimson players allowed them to capitalize.“Everything stems from our defense,” Finelli said.The steals allowed Harvard to break, and everything was clicking for the offense.“Most of the shots just come...
...dire has the piracy problem become that several international shipping companies have chosen to abandon the shortcut through the Suez Canal that requires their vessels to pass the Somali coast, and instead route them around South Africa. "As long as there is no firm deterrent, attacks will continue," said Noel Choong, chief of the International Maritime Bureau's Piracy Reporting Center in Kuala Lumpur. "The risks are low, and the returns are so high." And not only for the pirates, either...