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...republicans must see that in so severe a crisis, government intervention into the market is necessary to limit the extent failures in other parts of the American economy. Other detractors of the plan have pointed out the undue burden on American taxpayers, but the price of stability may not prove so high if the Treasury can shrewdly make a profit from the assets they purchase. The $700 billion price tag, however, appears to have been derived somewhat arbitrarily—especially considering that the targeted assets evade precise valuation. This large sum needs to be used sensibly, coupled with thorough...

Author: By The Crimson Staff | Title: Secure Our Securities | 9/28/2008 | See Source »

...addition to addressing the war in Iraq, the candidates discussed their proposed policies and attitudes toward North Korea, Iran, and Russia. Students like Tullo said they were skeptical of some of the debate’s more gimmicky moments, such as the ballpoint pen McCain produced to prove he would cut down the budget and the bracelet show-and-tell both candidates engaged in to demonstrate their support for the troops. Despite instances like these that provided for comedy show fodder, severanl students said that they learned a little more about the two candidates, and said they looked forward...

Author: By Anna S. Roth, CONTRIBUTING WRITER | Title: Students Assemble Across Campus to Watch Obama and McCain Duke It Out | 9/28/2008 | See Source »

...fourth frame after a Bears touchdown and a 27-yard field goal from Long, and although the Crimson held Brown to just a 38-yard field goal in the fourth, the eight-point difference—rather than what would have been seven with the PAT—would prove to be more than Harvard could overcome.“The bottom line is that we cannot put the ball on the ground,” Harvard coach Tim Murphy said. “We have to take care of the football. We were—it?...

Author: By Madeleine I. Shapiro, CRIMSON STAFF WRITER | Title: Tripped Up | 9/28/2008 | See Source »

...What Zardari said after shaking Palin's hand will likely prove a great deal less memorable. "You are more gorgeous than you are on [television]," he told Palin after she declared that she was honored to meet him. "Now I know why the whole of America is crazy about you," Zardari added, flashing his trademark teeth-baring smile...

Author: /time Magazine | Title: How Sarah Palin Rallied Pakistan's Feminists | 9/26/2008 | See Source »

...scrub the Federal Government for waste, fraud and abuse - a perennial pledge, but one that will actually need to be met if either man hopes to have the credibility to propose any new government spending. Obama wants to spend more than McCain, so he has to work harder to prove his reform chops. Indeed, Obama has tacitly acknowledged the prevailing skepticism by building accountability into some of his policy proposals. Galston and Kamarck like Obama's proposed Infrastructure Reinvestment Bank "because it would take specific ... decisions [like the 'Bridge to Nowhere'] out of the hands of politicians" and put them...

Author: /time Magazine | Title: The Return of the Age of Activism | 9/25/2008 | See Source »

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