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Pelosi was careful to underline that she expects the full $15 billion to be repaid by the end of March, meaning the car companies will either be forced to go it alone after that or, more likely, the Obama Administration will replace the $15 billion - plus the additional funds the car companies say they need - with money from the TARP, the Treasury or the Federal Reserve. In fact, the bill has language specifically authorizing the President to take money from the TARP, a provision the Bush Administration - which has steadfastly opposed using such funds for the automakers - has presumably chosen...

Author: /time Magazine | Title: Can Congress Pass an Auto Bailout Bill Nobody Likes? | 12/9/2008 | See Source »

...standard setup of a study abroad program, a student lives either with other students or with a host family. Arrangements skew towards the former; in 21 of the 26 Harvard Summer School Programs for 2009, participants will live with other students either in dorms or in a hotel. Students mostly attend classes at a local university. In this setup it is hard to get maximum exposure to another culture. Students tend to become friends with the people they associate with the most: their classmates and housemates. These are usually other Americans or foreigners who can speak English and are familiar...

Author: By Anita J Joseph | Title: Escaping America Abroad | 12/8/2008 | See Source »

...discussion of their life stories and political experiences.James speaks unabashedly about his rough background growing up in the South with his sister and mother, who, disabled from a back injury, provided an annual income of about $10,000.“It’s an atmosphere that either encourages you to succeed or to get out of the way. The people who live there have it tough. But if you come out of there you have a lot of experiences that will help you in life,” he says in his clear, careful voice.Wong, on the other...

Author: By Ellen X. Yan, CONTRIBUTING WRITER | Title: James, Wong Eager To Serve | 12/8/2008 | See Source »

...custody, then put them under house arrest, only to release them and let them get back to their activities," says B. Raman, former head of the counterterrorism wing of the R&AW. "They need to show us that this time it will not be a farce. They should either deport those accused of the Mumbai attacks or allow an Indian police team to visit Pakistan and interrogate them." Raman believes greater pressure from the U.S. and from Israel, which lost nine citizens in the Mumbai carnage, may make a crucial difference this time. "As of now, there is tremendous anger...

Author: /time Magazine | Title: Pakistan's Mumbai Arrest: Will It Satisfy India? | 12/8/2008 | See Source »

...Burroughs of Nebraska, who garnered Outstanding Wrestler of the Tournament honors en route to an individual title and Cornhusker team championship.Despite setbacks for Harvard’s leaders, Weiss expressed little disappointment with such tight battles.“J.P. and Louis had close bouts that could have gone either way, all to good wrestlers,” he said. “It’s not too devastating early in the season, because you can always bounce back.”O’Connor did just that in the wrestleback draw, grinding out a 4-3 decision...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Impressive 11th Fueled by Strong Individuals | 12/7/2008 | See Source »

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