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...think providing more leverage to consumers is best for our economy in the long-term," says Adam Lerrick, who is a visiting scholar the conservative-leaning Washington-based think tank American Enterprise Institute. "The consensus is that consumers have borrowed too much over the past 10 years, so I don't get why putting them further into debt is the answer." (See pictures of the global financial crisis...

Author: /time Magazine | Title: Paulson Credit-Card Bailout Draws Growing Criticism | 11/16/2008 | See Source »

...November 4, Americans did not just elect their fifth-youngest president; In Grafton County, N.H., a junior at Dartmouth College defeated a three-term county treasurer. At 20 years old, Vanessa Sievers may be the United States’ youngest county treasurer in over 130 years, and her election sets an example for participation in local politics, and for college students particularly. It’s too often assumed that age is a prerequisite for getting involved in politics. But as history shows, older candidates aren’t necessarily the most qualified. Nor are they the most likely...

Author: By The Crimson Staff | Title: Teenybopper Politics | 11/16/2008 | See Source »

...David Korn ’54, a former dean of Stanford University School of Medicine who will begin a term as Harvard’s first vice provost for research next week, will be leading the University-wide review of industry-related practices and policy that was scheduled for this fall...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Harvard Medical School Students Push to Codify Conflict of Interest Polices | 11/14/2008 | See Source »

...four decades before. They too believe in racial equality, gay rights, feminism, civil liberties and people's right to follow their own star. But 40 years later, those ideas no longer seem disorderly. Crime is down and riots nonexistent; feminism is so mainstream that even Sarah Palin embraces the term; Chicago mayor Richard Daley, son of the man who told police to bash heads, marches in gay-rights parades. Culturally, liberalism isn't that scary anymore. Younger Americans - who voted overwhelmingly for Obama - largely embrace the legacy of the '60s, and yet they constitute one of the most obedient, least...

Author: /time Magazine | Title: The New Liberal Order | 11/13/2008 | See Source »

...while allowing its own philosophy to preach terror and its own activists to commit terror." The BJP has hinted at a conspiracy by the ruling government to frame the accused for political gains. "A terrorist is a terrorist irrespective of his religion or caste. The BJP objects to the term 'Hindu terrorists'. By condemning the majority, one seeks to gain the minority vote," BJP vice president Yashwant Sinha said at a press conference in New Delhi on October 24, after the first set of arrests...

Author: /time Magazine | Title: India Terror Arrests Shock Nation | 11/13/2008 | See Source »

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