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...much debt. But it is distressing that the only proposed solutions involve rewarding more debt. Let's, at least for the short term, raise taxes on well-off corporations and wealthy individuals, stop senseless wars financed by debt and eliminate the income-tax deductions for home-mortgage interest. Plus, don't artificially lower interest rates - this punishes those who saved sensibly. And we must all prioritize our spending wisely. I'd rather have fewer mortgage brokers and more architects or engineers rebuilding this nation's decaying infrastructure. Joseph Oppenheim, Rancho Bernardo, Calif...
...next two years - then the number is a figure of considerable value, real as well as symbolic. The money, Beijing announced on Nov. 9, would go mainly to new infrastructure, homes, schools and clinics, especially in the country's poorer regions. Taken together with the recent alleviation of taxes plus changes to the rural-land law that will allow farmers to lease their land and free them to work elsewhere, the initiatives amount to what Jing Ulrich, the head of JP Morgan's China equities business, calls "a New Deal with Chinese characteristics...
...Aussie straw can not only add flavor but put the "good" bacteria back. "Tetra Pak is excited because the straw allows the package to do things it can't do today," he says. "In the next three to five years, we'd like to be selling a billion-plus straws a year...
Slumdog Millionaire Everybody say namaste to director Danny Boyle's hurtling epic about a poor kid (Dev Patel) who improbably answers tough posers on the Indian edition of Who Wants to Be a Millionaire? A masala of romance and history, with true grit plus a fabulous production number--it's what movies ought...
...start.The Crimson put on a show at Harvard Stadium last weekend, outgunning the Lions 42-28. Senior Chris Pizzotti threw for 376 yards and 4 first-half touchdowns, including a 76-yard strike to sophomore Chris Lorditch. Wideouts junior Matt Luft and sophomore Levi Richards each had 100-yard-plus games and combined for three scores.“He’s probably the best quarterback in the league,” Penn coach Al Bagnoli said of Pizzotti. “And they’ve got huge wide receivers—I think there?...