Word: riches
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This is - there's really no denying it, although Geithner has tried - yet another giveaway to the rich and well connected. Then again, it's supposed to be. Luring smart, informed investors, who've been on the sidelines, into currently dysfunctional markets for mortgages and mortgage securities is the whole point. Some amount of wheel-greasing subsidy is needed - and the question of whether the plan offers too much is pretty much unanswerable. It will be easy to tell if it offers too little: no one will participate...
...higher percentage of this year's applicant pool than last year's. But reflecting "the demands of financial aid," says Bates, they make up only 24% of the admitted pool this year, in contrast to 28% last year. "You've always been in an advantaged position to be rich and smart," says Morton Schapiro, a higher-education economist and the president of Williams College, which does not consider financial need in admissions. "Now you're at an even greater advantage." If so, then you can chalk up one more casualty of the financial crisis: diversity on campus...
...same goes for our individual senses of lifestyle entitlement. During the perma-'80s, way too many of us were operating, consciously or not, with a dreamy gold-rush vision of getting rich the day after tomorrow and then cruising along as members of an impossibly large leisure class. (That was always the yuppie dream: an aristocratic life achieved meritocratically.) Now that our age of self-enchantment has ended, however, each of us, gobsmacked and reality-checked by the new circumstances, is recalibrating expectations for the timing and scale of our particular version of the Good Life. Which, of course, fuels...
...city's best jazz musicians. Part township tour, part music- and social-history crash course, and part intimate jam session, the four-hour Cape Town Jazz Safari, developed by a local outfit called Coffeebeans Routes, aims to overcome the city's notorious social fragmentation by making its rich cultural diversity more accessible. (See 10 things to do in Chicago...
...meat, dairy, eggs or any other animal products, he developed a slew of complex, flavorful dishes for a menu that changes depending on what's in season and incorporates influences from Spain, India, Thailand and elsewhere. With charmoula (North African-style) grilled portobello mushroom, maple-glazed smoked tempeh, various rich curries and inventive salads, he has proven that he can take what die-hard carnivores sarcastically term "rabbit food" and turn it into the kind of meal that lingers long in the memory...