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...proposed University endowment tax, which now has been defeated, would have taxed Massachusetts universities with endowments exceeding $1 billion 2.5 percent of their endowments annually. The motivation behind this bill—presumably to plug state budget holes—did not provide a valid reason for penalizing a few universities for their financial success. Large universities should not be taxed like larger corporations in part because of their beneficial effects on the community. Schools like Harvard and Boston University not only produce citizens that are educated to help their communities, but are also some of the top employers...

Author: By The Crimson Staff | Title: Much Ado in the Bay State | 6/2/2008 | See Source »

...power of numbers, it really, actually, finally is. Barack Obama has a roughly 176-delegate lead and is less than 60 delegates short of clinching the nomination, with most of the final 31 pledged delegates set to be divvied up by Tuesday night in Montana and South Dakota. A plug of superdelegates is expected to jump on his bandwagon shortly after those primaries, if not before. Then, both sides expect, he'd have the 2,118 delegates needed to put the nomination in is pocket...

Author: /time Magazine | Title: Dems' Endgame Means More Games | 6/1/2008 | See Source »

...government has done little to help advance existing technologies like hybrids. One sign of Washington's torpor was the decision in December 2007 to raise fuel-economy standards to 35 m.p.g. by 2020. Not too impressive a goal, considering that today's hybrids already exceed 40 m.p.g. And new plug-in hybrids, like the Chevrolet Volt prototype that GM had up and running in April, should get 100 m.p.g. by 2010--and they could get even better mileage as electric batteries improve...

Author: /time Magazine | Title: Uncle Sam Needs to Solve the Energy Crisis | 5/29/2008 | See Source »

...Still, Warren has passed the point of no return. Until now, he could easily have pulled the plug on the PEACE coalition. Now, that would mean hauling back people like Ray Hammond, youth minister for the Brockport Free Methodist Church in Brockport, N.Y., who signed up along with his senior pastor and three other colleagues. "We're taking this home to our people," exulted Hammond, "and saying, 'We've got to get more involved in the mission of what God's doing in this world.' To be part of getting churches connected to each other globally, and not just sending...

Author: /time Magazine | Title: Rick Warren Goes Global | 5/27/2008 | See Source »

...Americans plug away at reducing our contribution to the environmental burden, we must also consider the exponential developmental growth of Asia in recent years. Once we step outside of the bubble that we have built around ourselves, that truth becomes very apparent. With over 1.1 billion people in India and over 1.3 billion people in China, it is clear that a solution to the problem, if one does indeed exist, does not lie in our hands alone...

Author: By Shankar G. Ramaswamy | Title: The Real Inconvenient Truth | 5/15/2008 | See Source »

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