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...government does something materially different from what its competitors in the private sector do. If bank owned by the government offers business loans at 3% interest, what does a foreign-based public bank like DeutscheBank do to match that? A government-owned bank can be driven, at least short-term, by policy and not profits. That puts financial firms in the private sector in peril whenever they try to compete. The relationship between a national U.S. bank and private banks both inside and outside the U.S. causes a series of inequities within the system...

Author: /time Magazine | Title: The Case for Nationalizing the Entire Economy | 2/16/2009 | See Source »

Recently, a dining-hall manager in the Winthrop/Lowell House kitchen called two female workers lesbians, using the term in a derogatory manner to accuse them of talking to each other too much. This entirely unacceptable incident is, unfortunately, only one instance of a much larger trend of discrimination and intimidation at Harvard. Aside from the immediate implications for the individuals involved in this dining hall incident, the event has revealed how uncomfortable and intimidating the Harvard workplace has become for people who identify as minorities...

Author: By Megan A. Shutzer | Title: Not at My Harvard | 2/16/2009 | See Source »

...blush - and bankrupt a small nation. Its schools are failing, air quality is worsening, and unemployment neared 10% as of December. The only thing larger than its litany of woes is the roster of political celebrities who are testing the waters for a run for governor in 2010, when term limits show Arnold Schwarzenegger the door. (See the top 10 scared stock traders...

Author: /time Magazine | Title: California's Big Race to Succeed Schwarzenegger | 2/16/2009 | See Source »

...answers usually involve reliance on some combination of hard work, determination, and creative thinking, qualities that Harvard seniors have been refining through four years of long days and late nights spent producing papers and leading student organizations. Educational inequity is a deep and serious problem, and in the long term the systems that educate American children are going to need a lot of help. But, right now, these children need us, as many of us as they can get, to do what we can: to dive in and get working...

Author: By M. AIDAN Kelly | Title: Those Who Can, Do Teach | 2/13/2009 | See Source »

...whom should the U.S. talk? A direct conversation with the Supreme Leader may not be feasible in the short term, but one expert who has advised the Obama Administration on Iran policy argues that the U.S. can still talk over Ahmadinejad's head to Khamenei. "We should aim our rhetoric at Khamenei," says the expert, who asked not to be named. "He will decide whom to appoint [to talk with...

Author: /time Magazine | Title: Talking to Iran: What Are Washington's Options? | 2/13/2009 | See Source »

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