Word: rising
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...Lehman Brothers, "people have no idea how sound banks are," he says, so "the whole financial system is locking up." The U.S. government's rescue plan should help, and Weiss thinks there's a fair chance that the busted assets it's buying to prop up the system will rise sharply in value as everything stabilizes. But he's by no means confident that the $700 billion bet will be big enough to do the trick...
...make us uncomfortable. The idea that there would be a correlation between class and intelligence is completely consistent with the dream of American opportunity because it reinforces this sense that our idealized, meritocratic society is working. There is nothing shocking about the notion that people who are capable would rise to high-paying jobs. Nor is it surprising that smart, capable people would have smart, capable offspring—far more often than not, people with overlapping genes have overlapping IQ scores...
...None of this is to condone leaving students from low economic backgrounds by the educational wayside. There will always be outliers, and there are surely members of lower socioeconomic classes—first-generation immigrants, for instance—who are on the academic rise. As members of educational elites, we should continue to help pave the way for these individuals by supporting college-level programs like the Harvard Financial Aid Initiative, as well as efforts for younger students, such as the successful New York-based Prep for Prep program...
...that the Continent is facing its biggest crisis since the Depression - when Europeans also first mistakenly thought the problem would remain confined to the U.S. One leading German politician, Interior Minister Wolfgang Schauble, even raised the specter of the kind of longer term economic dislocation that led to the rise of Adolf Hitler. "Four months ago," says economist Schmidt, "I might have said that it may not get worse. But we have not seen anything like this before. I cannot say that we have reached the bottom. I am afraid that may not be the case." - With reporting by Catherine...
Corsi, author of The Obama Nation: Leftist Politics and the Cult of Personality, was in Kenya writing dispatches for the website WorldNetDaily at the invitation of Christian missionaries who fear the rise of Islam in Kenya. According to WorldNetDaily, he wanted to answer "lingering questions" about Obama's ties to Prime Minister Raila Odinga...