Word: washingtons
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Then again, it was decisions made by government officials in the years before the crisis that allowed things to get so bad. From ill-considered deregulation of banking and derivatives to over-the-top encouragement of homeownership, Washington's fingerprints are all over the crisis. Almost nothing has been done to right these wrongs. That's lesson No. 3. Put another way: it's really hard for a democracy to make big changes in the absence of a big crisis--and the big crisis has passed...
...March 2008, University President Drew G. Faust traveled to Washington to lobby congress for an increase in funding for bio-medical research. She emphasized the need for a real-dollar increase in the total amount of NIH funding, which is the single largest funding source for Harvard projects. This year, Harvard researchers have secured 16 percent of the 2009 NIH grants...
Harvard had a record of only 3-8 coming into Saturday’s game, having suffered tough losses to George Washington, No. 11 Princeton, No. 16 Santa Clara, and divisional opponent Fordham. But the team’s resilience allowed it to bounce back from its slow start...
...many here, the Detroit Lions' surprise victory over the Washington Redskins late Sunday affirmed a regional belief in redemption despite profoundly grim odds. Until that game, the Lions had tortured its most ardent fans with a 19-game losing streak that began in December 2007. Many Michigan residents had come to view the Lions' plight as a reflection of the state's own battle to overcome its economic crisis. So when when the team won 19-14, the relatively sparse crowd in the Detroit stadium roared, and the players wept...
...especially good reason to caution against overexuberance. Her Christian Democrats (CDU/CSU) had secured another four-year term as the senior partner in a ruling coalition. And thanks to big gains by the center-right Free Democrats (FDP), who espouse economic liberalism and have a tradition of close ties to Washington, Merkel and her colleagues should be able to shed their existing coalition partner, the Social Democrats (SPD), for what is a more natural political ally. Yet the Christian Democrats did so with a lower percentage of votes than at the last election in 2005, despite Merkel's personal popularity, which...