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...union through a program set up by the stimulus plan, whereby the government provides insurance for small-business loans. Jamiel said the loan has allowed him to restock his store, Jamiel's Shoe World, and that sales have nearly doubled in the past few months. "If the government can save small businesses around the country, that will make a big difference in the economy," said Jamiel. "All we need is access to credit." (See pictures of retailers that have gone out of business...
When Treasury Secretary Timothy Geithner unveiled the details of his plan to save America's banks a little over two months ago, the markets raved, the country sighed with relief and Geithner went from punch line to potential hero overnight. Now the plan is in trouble, as parts of it struggle to get off the ground and others are dead in the water, Administration officials say. But oddly, that may be good for Geithner...
Many people on both the right and the left like to portray environmentalism as sacrifice - denying oneself some kind of pleasure (a heated pool, extra space in an SUV, the convenience of dry cleaning) in order to help save the planet. Conservatives do so partly because they believe pursuing self-interest in the form of material pleasures is necessary for the proper functioning of markets. Liberals do so because they believe rampant materialism can distort the proper functioning of democracies (and because "Yes We Can" T shirts don't need dry cleaning anyway). But what if environmentalism didn't really...
...psychologist Vladas Griskevicius of the University of Minnesota helped show in a 2008 Journal of Consumer Research paper (here's a PDF), hotel patrons are much more likely to reuse towels when informed that a majority of hotel guests do so than when they are merely asked to help save the environment...
...declining budget.According to Mount, 135 companies have signed up so far to recruit on campus next year, a 17 percent decrease from May 2008, when 162 firms had signed up. The registration period is not yet closed.OCS is also cutting one-on-one counseling during this July to save money on operating costs and is taking advantage of retirements to consolidate positions, Mount said. In addition, less food will be served at events and many of the publications put out by the office will be moving online.But, according to Mount, the OCS budget is unlikely to be cut further...