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...house owners who defaulted on their bond repayments. The obvious reason for this is flatly ignored. The sharp increase in crude-oil prices shortly before the financial crises sucked cash directly from the pockets of the consumers, which then forced them to default on their bond payments. Strong action is taken against cartels in business worldwide, but not against OPEC. It seems to be untouchable. The OPEC members are probably using all the cash sucked from the consumers to buy up stocks of companies in the industrialized world at half price. Unless the stranglehold of OPEC on the world...

Author: /time Magazine | Title: Depression Hurts | 10/21/2008 | See Source »

...Environment Your issue was truly impressive in its global coverage, and the ideas it canvassed have not only great significance for humanity but huge economic potential [Oct. 6]. It should be distributed to all the world's secondary schools, for that is where the seeds of future action will be sown. Gordon Rabey, WELLINGTON...

Author: /time Magazine | Title: Depression Hurts | 10/21/2008 | See Source »

...front of a small audience at the Institute of Politics, was the second installment in a four-part “Election 101” series designed to educate students on key issues leading up to the presidential election. “It’s all about collective action,” said Jasanoff, a leading expert on the environment and climate change and a forerunner in creating environmental politics classes at a number of leading universities. The professor opened her presentation with a video of Republican luminaries leading chants of “Drill, baby, drill...

Author: By Adeline S. Rolnick, CONTRIBUTING WRITER | Title: Election Lecture Stresses Green | 10/21/2008 | See Source »

...catastrophe,” he said, if not addressed—and asked the panelists to discuss their opinions on how best to approach the problem. William C. Clark, co-director of the Sustainabilty Science Program at the Harvard Kennedy School, pushed the belief that individual collective action is a critical component of the solution. Clark, who also chaired the task force that drafted Harvard’s emissions reduction plan, explained that up to 10 percent of the total emissions reductions needed to lower atmospheric carbon to a safe level can come from cutting emissions in personal residences...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Experts Debate Sustainability | 10/21/2008 | See Source »

Boston-area college students joined over 100 million people from around the world in the “Stand Up & Take Action Against Poverty” movement on Friday, holding a rally in Paine Hall and at the Cambridge Queen’s Head Pub. The approximately 100 attendees publicly committed themselves to the Millennium Development Goals, which call for halving the number of people in extreme poverty by 2015. The rally’s keynote speaker, Harvard Kennedy School student Hyoung-Joon Lim, spoke about his personal experiences in developing countries and compared worldwide hunger to the Indian Ocean...

Author: By Courtney P Yadoo, CONTRIBUTING WRITER | Title: Students Gather to Act Against Poverty | 10/20/2008 | See Source »

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