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...asked on Jan. 7. "It is difficult to imagine that similar comments would be heard if, for example, such a step had been taken by the French President." Iceland has also garnered the support of the Jubilee Debt Campaign, a British antipoverty organization. "Iceland's President was correct to assert that states in debt have rights that trump the rights of creditors to bleed their economies dry," says Nick Dearden, the group's director...

Author: /time Magazine | Title: Isolated Iceland: Why Reykjavik Is Defying Europe | 1/11/2010 | See Source »

...currently imprisoned in the Middlesex House of Correction—asked for the support of his fellow senators as he attempts to appeal Monday's sentence. The senator has publicly attributed the positive results of a series of breathalyzer tests to his toothpaste, and he continues to assert that he did not consume alcohol—despite Cambridge District Court Judge Matthew J. Nestor’s ruling to the contrary...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Galluccio Resigns Senate Seat, Says He Will Appeal Jail Sentence | 1/5/2010 | See Source »

...spectrum are the likes of David Rosenberg, chief economist and strategist at Gluskin Sheff. He holds that this year's stock-market uptick can be almost entirely credited to government intervention and stimulus, and that the true, underlying trend of tighter credit and reduced spending will re-assert itself and be with us for years to come. "We have said repeatedly that this recession is really a depression," Rosenberg recently wrote...

Author: /time Magazine | Title: 2010 Financial Forecasts: A 50% Chance of Being Right | 12/21/2009 | See Source »

...upper house of parliament lacks parity with its lower, popularly elected house. Britain’s House of Lords, for instance, has not been on par with the House of Commons at least since 1911, and, in France and Germany, the lower house has the formal ability to assert its supremacy over the upper house in cases of deadlock...

Author: By Dylan R. Matthews | Title: Kill The Senate. Kill It Dead. | 12/16/2009 | See Source »

While the original stimulus bill provided much-needed relief for a staggering economy, Obama is right to assert that we must “not let up in our efforts to take every responsible action to get the economy growing.” These proposals represent exactly the sort of responsible spending needed to bring back economic prosperity...

Author: By The Crimson Staff | Title: Smart Stimulus | 12/14/2009 | See Source »

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