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...companies could soon be eligible for billions of dollars more. A bill was proposed in the House of Representatives in late November by Congressman Steve King, a Republican from Iowa, that would extend the tax-carryback rule to five years, which means companies could get their tax payments refunded all the way back to 2003. And the rule would be eligible for losses that occurred in 2008 or 2009. That means a company with a large enough loss, after the proposed rebate, could effectively not pay taxes for seven years. Senator Olympia Snowe, a Republican from Maine, has proposed...

Author: /time Magazine | Title: New Tax Rules: The Hidden Corporate Bailout | 12/10/2008 | See Source »

...Pretty soon, I couldn’t stand to see my college career plod on in sobriety, and I continued to experiment with ways to imbibe. In the meantime, I developed a debilitating online shopping addiction. But what deepened my drinking despair was the discovery of another problem: although my body violently resisted alcohol’s advances, my mind, speech, and motor skills were all too happy to desert me at the slightest whiff of the poison. My DAPA Nalgene tells me that 78 percent of Harvard students count how many drinks they have, but it?...

Author: By Nan Ni, CRIMSON STAFF WRITER | Title: 21! Here Nan Comes! | 12/10/2008 | See Source »

...earned for myself was a hernia and a totally new outlook on shit. I decided to drown my sorrows in that sweet elixir of forgetfulness: foam. As I entered Mather Lather, shower cap and lufa in hand, I caught a glimpse of her, a fleeting image that soon receded into the misty oblivion. I pursued her in vain, my hopes and dreams forming and bursting like so many iridescent bubbles dancing towards the ceiling. I found myself alone, where I had started. And so I grinded on, my body against the foam, borne back ceaselessly into the past. [1] Until...

Author: By Daniel K Bilotti and Vincent M Chiappini, CONTRIBUTING WRITERSS | Title: Prestige and Mobility: Sex in Houghton | 12/10/2008 | See Source »

...half-staff. Next the Danish flag and finally the NATO flag were raised and left to rest at half-staff. A small group of soldiers from assorted countries stood at attention and saluted as the flags rose and fell. There were no American flags this day, but there soon will...

Author: /time Magazine | Title: The Aimless War | 12/10/2008 | See Source »

...elect Obama needs to deliver the blunt message to the leaders of Pakistan and Afghanistan that we will no longer tolerate their complicity in the deaths of Americans and our allies, a slaughter that began on the morning of Sept. 11, 2001, and continues to this day. Obama will soon own this aimless war if he does not somehow change that dynamic...

Author: /time Magazine | Title: The Aimless War | 12/10/2008 | See Source »

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