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...business executives noted that there were limits to what the stimulus could do. Peter Harckham, a legislator from New York's Westchester County, said that money from the stimulus bill, while helpful, would leave his county about $1 billion short of its target budget for upgrading local water and sewage systems. The Vice President responded that the stimulus package was not meant to shift the burdens of local governments to the federal budget. Once the stimulus money is gone, Biden said, Westchester will...

Author: /time Magazine | Title: A Biden Show-and-Tell: How the Stimulus Has Created Jobs | 6/3/2009 | See Source »

...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...

Author: /time Magazine | Title: The Bank Rescue Plan Is in Limbo. Is This Good News? | 6/3/2009 | See Source »

...realize that these changes may come as disappointing news, but we urge students to look on the bright side. Opportunities often emerge from adversity, and not all the news is bad. For example, running water will still be supplied to the Quad on weekends and to the Currier “Ten Man” on alternate Tuesdays. And we have specifically set aside funds for the completion of a new undergraduate student center on Mt. Auburn Street, to be finished in time for the College's quadricentennial...

Author: By Nathaniel H. Stein | Title: Additional Budget Cuts | 6/2/2009 | See Source »

...Lucky for me—and for everyone, I suppose—personal energy is like water on pavement: It finds all the cracks and crevices. That fall I got an internship in New York at a radio show called Studio 360, and started writing for The Crimson in earnest the following spring. My theater experience, meanwhile, made itself useful on the sidelines by getting me on the tech crew of the Hasty Pudding Theatricals. If Harvard had made things easy for me, I might never have figured out that theater was one of the hobbies...

Author: By Jillian J. Goodman | Title: How I Learned to Play Football | 6/2/2009 | See Source »

...several of whom possess or can quickly develop nuclear deterrents. As a precaution, many have already formed military pacts and strengthened their security apparatuses. India countered China’s growing sequence of bases in Central Asia and the Pacific Rim by accelerating its own production of a blue-water navy and enhancing security ties with the U.S., France, Russia, and Japan. A mutual fear of China also prompted former adversaries South Korea and Japan to start a symbiotic relationship on defense issues...

Author: By Nicholas Tatsis | Title: Managing China? | 6/2/2009 | See Source »

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