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Based on annual costs with pro forma calculations for things that have a life of more than a year, the expenses of operating the Somali pirate operation are $79 million. That puts the profit of the operation at over $120 million. It is worth contrasting that to the average income per capital in Somalia which is only about...

Author: /time Magazine | Title: Somali Pirates Are Getting Rich: A Look At The Profit Margins | 4/15/2009 | See Source »

...Cambridge Public School Committee unanimously approved the district’s $133.6 million budget last night, rejecting a late motion to restore cut funds to three educational programs run by outside non-profit organizations. The motion, which had been postponed from the Mar. 24 budget discussion, drew sharp disapproval from Mayor E. Denise Simmons, who said passing the proposal now would upset the already balanced budget. “I am extraordinarily disappointed that this is before us,” she said. “I cannot say that more emphatically. It has a budget impact that will...

Author: By Michelle L. Quach, CRIMSON STAFF WRITER | Title: Cambridge Schools Approves Budget for Next Year | 4/15/2009 | See Source »

...Pornography is what the end of the world looks like,” said professor Robert W. Jensen, who blamed capitalism, white supremacy, and racism for the spread of increasingly violent heterosexual pornography. Jensen said that pornography becomes increasingly violent, racially charged, and degrading towards women to increase profit by appealing to capitalist consumers. The lecture—co-sponsored by the Office of Sexual Assault Prevention and Response and several student groups—was billed as an effort to promote dialogue about sexual violence. With over 20 years of research on pornography to his name, Jensen?...

Author: By Linda M. Lian, CONTRIBUTING WRITER | Title: Texas Professor Condemns Porn in Talk | 4/14/2009 | See Source »

Since 1991, the Citizens Against Government Waste, a non-partisan, non-profit group in Washington D.C., has been publishing an annual list of pork-barrel projects in an effort to shame politicians into curbing their earmark requests. It hasn't worked. This year's Pig Book outlines $19.6 billion in pork barrel projects that will fund more than 10,000 projects in the 2009 fiscal year. (The dollar amount is 14% higher than the previous year, although the raw number of projects dropped 12.5%.) The thing about earmarks is that they make a politician popular at home, but unpopular...

Author: /time Magazine | Title: Government Pork: A Voter's Guide | 4/14/2009 | See Source »

...years of war and instability after the fall of Saddam Hussein's regime in 2003 have provided unfettered opportunities for criminal elements, including traffickers, to profit. Nobody knows for certain how many Iraqi women and children have been sold into slavery since then. Some Baghdad-based activists put the figure in the tens of thousands, but there are no official numbers due to the nature of the business and the reluctance of victims or their families to come forward in a society where female virginity is prized and the stigma of compromised chastity can be a permanent social stain...

Author: /time Magazine | Title: Will Iraq Crack Down on Sex Trafficking? | 4/13/2009 | See Source »

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