Word: riches
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...rather than continuing to fight the system, Olmert joined it. In 1977 he opened a private law firm, using his influence to attract wealthy clients. The law practice made him rich--"I don't hate the good life," Olmert says--but his ties to the business community landed him in the middle of numerous scandals, including a case stemming from the 1988 election campaign in which he was accused of conspiring with other Likud officials to skirt campaign-finance restrictions. Though he was acquitted in 1997, Olmert gained a reputation for cynicism. As Jerusalem mayor, he initiated improvements such...
...Harvard’s success in this capacity will be a win-win for all. Disadvantaged students will be given the opportunities they deserve, and Harvard will have pulled off a publicity stunt far more impressive than saving rich students money...
...disease. A 2004 Century Foundation study found that only three percent of America’s 146 most selective colleges come from the bottom socioeconomic quarter of the population. At any of those campuses, it is 25 times more likely that any given student’s family is rich than poor...
...metamorphosis of Harvard’s image amongst the lower income brackets will far outweigh the adverse effects of giving a free ride to rich students. Alumni would have much better incentives to help Harvard, and rich parents would also have a greater incentive to donate to Harvard. More importantly, an implicit honor covenant would be established with every graduating class. If you received a free education, wouldn’t you feel like helping out once you get that Morgan Stanley job thanks to your Harvard diploma? The surge in alumni, parent, and graduate giving would offset a large...
...fringe presidential candidate as the standard bearer of his father's racist movement. And among the half oF Peru's population that lives in poverty - or on less than $2 a day - he is still the favorite. He has successfully painted Flores as the candidate of the rich and of the capital city of Lima, where about one-third of the country's voters live. After leading throughout most of the presidential race, Flores is now ahead only ahead in the capital...