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...addition, a very particular quirk in the Medicaid formula has essentially penalized Louisiana for the recovery efforts going on in the state. Because of the large influx of insurance money and federal grants after Katrina, the per-capita income of Louisiana appeared to rise. In Landrieu’s own words, this formula makes Louisiana seem like Connecticut even though it remains one of the poorest states in the country. This has triggered a readjustment of the amount that the federal government gives to Louisiana, which essentially means that Louisiana will have to come up with an extra $472 million...

Author: By Charles A. Lacalle | Title: Southern Justice | 11/24/2009 | See Source »

...investors," says Richard Sylla, a professor of economics at the NYU Stern School of Business. "Probably 10 years from now, people who are investing today are going to have fairly nice returns." Over time, stocks have averaged a total return of about 9%. Remember, stocks were down 1.2% per year this decade, after being up 18.2% per year in the 1990s. Returns always revert to the mean. (See the worst business deals...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

Thomas’ yardage marked the first time a Bulldog rushed for more than 100 yards since Mike McLeod ’09 ran for 138 last year against Princeton. Harvard, whose opponents averaged 82.7 rushing yards per game, seemed an unlikely victim of a breakout, but the sophomore fed off a strong performance by his offensive line...

Author: By Christina C. Mcclintock, CONTRIBUTING WRITER | Title: Tailback Gives Harvard Momentum | 11/23/2009 | See Source »

...what do loyal Harvard subjects have to look forward to after the 2013 takeover? The WTF Republic aims to charge Asian tourists per picture (to restore depleted endowments), create a student center, restore hot breakfast, replace Quad shuttles with Teleportation devices, and institute jesters and fast-food restaurants of choice in upperclassman Houses...

Author: By Barbara B. Depena, CONTRIBUTING WRITER | Title: The WTF Era Begins? | 11/23/2009 | See Source »

...That's not just a concern for the Sunshine State, which now has one of the nation's highest jobless and home-foreclosure rates. Earlier this year, the Associated Press found that across the U.S., the stimulus plan was "set to spend 50% more per person in areas with the lowest unemployment than it will in communities with the highest." In Illinois, President Obama's home state, a Chicago Public Radio investigation this fall found that less than 10% of the Department of Transportation's stimulus contracts had gone to "disadvantaged business enterprises," or DBEs, even though the state says...

Author: /time Magazine | Title: Are Minorities Being Fleeced by the Stimulus? | 11/23/2009 | See Source »

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