Word: contrastes
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Cambridge’s mind-boggling quotas stand in sharp contrast with the more straightforward elections system in place in New Haven, Conn., which is comparable to Cambridge in population and in the presence of elite higher education. The city is divided into thirty wards, each of which elects a representative to sit on the city council. More importantly, the way in which the wards are drawn virtually guarantees Yale students a voice in the operation of their city government, since the university’s residence halls and off-campus graduate students pack several wards. As a result, elected...
Although federal funding is traditionally a boon to scientific research, it is especially restrictive about stem cells. The federal government’s guidelines effectively leave most new research to private institutions such as Harvard. Our government has been unique in its restrictiveness; in contrast the European Union (EU) has formally backed embryonic stem cell research. The EU has already allowed part of their $20 billion research budget to be granted to stem cell researchers. While the rest of the world is embracing this potentially revolutionary scientific research, our government is forcing it to adopt a second-rate status...
...private sector, particularly foreign companies. Under the terms of the Conoco deal, for example, the American company can raise its stake in Lukoil--but only to a ceiling of 20%. That's less than the 25% it needs to be able to block strategic company decisions. BP, by contrast, whose contract was signed eight months before Khodorkovsky's arrest, has a 50% share in its Russian joint venture. (The company's Russian minority shareholders are howling because BP uses a complicated transfer-pricing method that allows the parent company, instead of subsidiaries, to book the lion's share of profits...
Yukos, by contrast, says it can't get through to the authorities, no matter how hard it tries. It has proposed settling its tax dispute, even offering to give up substantial ownership, to no avail. Lawyers for Khodorkovsky have filed a formal complaint at the European Court of Human Rights in Strasbourg, France, alleging unlawful detention, and Yukos' lawyers are bracing for the forced sale of the Yugansk subsidiary later this month. "Whoever buys it will be buying an enormous set of lawsuits," warns Stuart E. Eizenstat, a former U.S. Under Secretary of State who is advising Yukos shareholder Menatep...
Advocates of partly privatized Social Security point to a system of personal savings accounts in Chile that is widely regarded as a success. In contrast to Britain's plan, Chile's is compulsory and presents workers with only a handful of conservative, income-oriented investment options. The architect of Chile's plan, José Piñera, is now a co-chairman of the Cato Institute's Project on Social Security Choice and has conferred with Bush on the subject...