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Grunwald was right about�all that is�wrong with farm subsidies. Let's hope that he's wrong about the prospects for eliminating them--that citizens will wake up and demand they be halted. Contrary to the fears of House members Nancy Pelosi and Collin Peterson, a large number of rural voters get it that subsidies are killing their communities. The failure of reform in the House and Senate shows once again who really runs this country's agriculture: the likes of Cargill and Archer Daniels Midland. Shame on the reform-minded organizations that gave up and settled for crumbs...
Confrontation between activists and businesses isn't inevitable. Indeed, in the past few years, companies from Shell to papermaker Westvaco have found common ground with environmental groups. In the wake of the riots in Genoa, I asked some smart observers of the scene how to make those relationships work. Their advice...
...worse than previously expected. Housing sales and starts are down sharply, while shares in everything from homebuilders to banks to mortgage insurers have been massacred. Moreover, there's a deepening fear that U.S. consumers - a key driver of global economic growth - might dramatically pare back their spending in the wake of this assault upon their wealth and confidence. In a recent letter to shareholders, legendary U.S. money manager Bill Miller warned: "The difference between what is unfolding now and the Crash of '87, or the problems with Long-Term Capital Management in 1998, is that they were confined to Wall...
...shadow of Mather House, which went so far as to name the annual “Louie’s Cup” in the store’s honor. Chen has taken to decorating his store with foreign tender given to him by students in the wake of 1993 fire that nearly burned his store to the ground. “Other stores have come and gone in the 18 years I’ve run my business, but I am still here,” said Chen. “If Harvard ever asked me to speak...
...going to be well prepared.”The Wolverines boast an impressive number of NBA star alumni, including Chris Webber, Jalen Rose, and Juwan Howard of the famous “Fab Five.” Michigan has failed to enjoy similar success in recent years in the wake of booster scandals and NCAA sanctions, but the history of the program makes the game a must-see for Crimson fans. “The greatest thing is that it’s a Big Ten [school] coming into our house,” junior forward Evan Harris says...