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...Before writing off Walker as just another member of a growing Greek chorus of dispirited prognosticators, consider that he has a history of detecting worst-case scenarios before they came to pass. Back in 1995, Walker, then an economist at brokerage house CLSA, penned a report entitled It's Life, Jim, but Not as We Know It: Asia Decoupling, in which he and his team of economists warned that Asian currency regimes, if not reformed, could be susceptible to Mexico-style meltdowns in two to three years. Two years later, the region plunged into the 1997 Asian crisis, which...
Long-time Brighton resident Theresa Hynes—who is also a founding member of Brighton Neighbors United, a community organization dedicated to “preserving the residential character of Brighton”—said she would prefer that BC utilized its existing property holdings more efficiently...
...charter school with 80 percent of students in need, not that many students of privilege would apply to that school,” he said, adding that the best model would be to have schools reflect the overall population of their communities. But Cambridge Public Schools committee member Marc C. McGovern objects to the funding formula for charter schools in general. For every student that goes to a charter school, money that would otherwise go to the school district would go to the charter school—which, according to McGovern, does not always provide the same services that district...
...just how dire the situation had become. Speaking out the day after some local municipalities decried a lack of federal or state emergency relief, Gov. Steve Beshear described the fallout from last week's ice storm as the state's largest-ever natural disaster. He then activated every last member of Kentucky's National Guard, dispatching all 4,600 Guardsman to assist with the statewide crisis. On Sunday, they were going door to door in some areas, to reach stranded citizens. But by Monday, there were still a quarter-million people without power, with scores of residents who had first...
After nearly four hours and six rounds of voting, the Republican National Committee elected former Lt. Governor Michael Steele as its first-ever African American chairman. Evidently, Steele's rivals had failed to convince the 168-member committee that they could adapt to a post-racial, web-driven political era. Take Chip Saltsman, Mike Huckabee's ex-presidential campaign manager and an early candidate for the RNC seat who dropped out of the race after word spread that he had distributed a song called "Barack the Magic Negro" a few weeks after Obama's victory. The incumbent, Mike Duncan...