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...further policy response. This was classic Fed lingo for "another rate cut in August." (This was also aimed at convincing inflation-fearing bond markets to bid down 10-year Treasury notes on the supposition that with the value of money expected to stay relatively strong down the road, a profit can still be turned with lower interest rates...

Author: /time Magazine | Title: Will Greenspan Turn Up the Sunshine? | 7/23/2001 | See Source »

...inner city school where all the students go to college, to prove that it can be done, that "you can't just blame the kids and the neighborhood." She's got an impressive educational r?sum?: During high school and college she taught for Making Waves, a California-based non-profit that targets low income kids at risk of falling behind grade level. At 22 she became the program's executive director, and turned what was a mostly mushy, feel-good enterprise into one with real instructional rigor. She also taught high school history, unpaid, at a nearby prep school. This...

Author: /time Magazine | Title: How to Fix the Coming Principal Shortage | 7/20/2001 | See Source »

...fares worst? Women of color and women over the age of 45. According to data released by the U.S. Bureau of Labor Statistics and analyzed by the Employment Policy Foundation, a non-profit group in Washington, D.C., childless women aged 25 to 35 earned roughly the same amount as their male counterparts. After a woman?s 35th birthday, however, things take a turn for the worse: The study shows that women aged 36 to 44 earn 80 percent of what men earn, and those aged 45 to 54 take home just 75 percent of men?s salary. Across the racial...

Author: /time Magazine | Title: Why Do We Still Have a Wage Gap? | 7/19/2001 | See Source »

...Sponsored by the non-profit Carnegie Corporation, the study investigates what went wrong last November - and perhaps more importantly, what we can do to make our voting system work for everyone...

Author: /time Magazine | Title: Counting the Lost Votes of Election 2000 | 7/17/2001 | See Source »

...light district each night?its sign reads "Amazing Thai Food"?motorcycle taxi drivers and bar girls start to swarm. Four years ago Kiam was a rice farmer in the northeast. "I barely made enough to feed myself," he says. Now, on a good night, he can make $80 in profit. Somkid, a dancer in a nearby go-go bar, says her foreign boyfriends-for-the-night are revolted when they see her scarfing down scarab beetles. But as she plucks the legs off a locust so she can suck out its eggs, Somkid claims her dietary habits have never cost...

Author: /time Magazine | Title: Craving the Crawlies | 7/16/2001 | See Source »

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