Word: recentered
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Several times in recent years, Jobs has published an open letter explaining some increasingly controversial part of Apple's business or his personal life. He wrote notes explaining Apple's environmental policies, revealing their plans for a native SDK for the iPhone and addressing the concerns about his health. Each note led, directly or indirectly, to a major, and positive, shift in the public perception of the issue in question. Maybe it's time for another letter...
Like what? One approach is to lay on a heavy cost of being big. Too-big-to-fail banks should have a capital cost that will make it a disadvantage to compete in the riskiest parts of the financial-services market. I also like President Obama's recent proposal, the so-called Volcker Rule, which would limit proprietary trading and investing. Combining these two regulatory changes ought to encourage big banks to figure out new business strategies, and that would involve selling off some of their riskier businesses...
...quality of American life meant busting up monopolies and creating hard and fast rules for corporate responsibility. In Obama’s administration, it means advocating substantial financial reform without apology, illuminating the ills of the lobbying culture, and taking quick action against the Supreme Court’s recent, undemocratic ruling granting corporations the right to invest unlimited sums in political campaigns. Roosevelt attacked bankers and the titans of socially-detrimental enterprises from the right, standing up for individual entrepreneurial opportunity and a level economic playing field. Obama must attack from the left and stand up for the financial...
Stability at the goaltender position has long been a hallmark of Harvard women’s hockey, with stalwarts like Ali Boe ’06, Brittany Martin ’08, and senior Christina Kessler defending the net for the Crimson in recent years. But when Kessler’s college career came to a sudden end after she tore her ACL two weeks ago, Harvard was forced to thrust untested freshman Laura Bellamy into the starting role earlier than it ever planned...
...Miami's most beautiful bridge spans, connecting the city to Miami Beach through palm-tree-filled islands fringed with red mangroves. But beneath the tranquil expanse sits one of South Florida's most contentious social problems: a large colony of convicted sex offenders, thrown into homelessness in recent years by draconian residency restrictions that leave them scant available or affordable housing. They live in tents and shacks built from cast-off supplies, clinging to pylons and embankments, with no running water, electricity or bathrooms. Not even during a recent cold spell, when nighttime temperatures dropped into the 30s, could they...