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...Democrats and Republicans are trying to outdo each other to see who can seem “toughest” on reform, but in the process, they are failing to understand which regulations really need to be in place for the economy to function well. Derivatives trading will occur throughout the future, whether in a bank or a distant unregulated entity, and it is best if it occurs in major banks under the watchful eyes of regulators. There will be future crises with politically unpopular but necessary monetary solutions, and an independent Federal Reserve will need to be there...

Author: By Ravi N. Mulani | Title: Financial Follies | 5/12/2010 | See Source »

...establish Post Offices and Post Roads” in between the powers to coin money and establish federal courts—all key components of our national unity. We are proud to have a government and a Constitution that take on this responsibility rather than leave communication throughout our nation up to a private entity...

Author: By The Crimson Staff | Title: You’ve Got Less Mail | 5/12/2010 | See Source »

Furthermore, the USPS has offices in small towns throughout the country, which serve as entrances of disparate government services into more isolated regions. It is impractical to assume that private delivery services such as FedEx and UPS would establish offices everywhere that the USPS currently serves. Even if they did, such offices would be mere retail outlets; they would not contribute to national unity the way USPS offices currently do. Finally, privatization and the likely concomitant rise in prices and fall in locations would hurt those who are already disadvantaged the most, such as people without phone or Internet services...

Author: By The Crimson Staff | Title: You’ve Got Less Mail | 5/12/2010 | See Source »

Grolier, which opened in 1927, has struggled through several major financial difficulties throughout the years. Its second owner had just announced the shop’s closing in 2006 when Menkiti made the decision to rescue...

Author: By Michelle B. Timmerman and Xi Yu, CRIMSON STAFF WRITERS | Title: Specialty Bookstores: Stories from the Square | 5/12/2010 | See Source »

Demands to know Venables’s new crime reek of hysterical persecution and desire for revenge. The 1993 murder sent a jolt throughout Britain, and disgust at the event lead to adults crowding around the court, where they banged on the children’s van, thirsty for retribution. Similarly, the desire for information about the new crime of an ex-convict seems to be a product of natural but legally unreasonable anger. Comparably strong emotions affected the original trial, and the European Court of Human Rights later ruled that the high scrutiny and “incomprehensible...

Author: By Olivia M. Goldhill | Title: The Innocence of Youth? | 5/10/2010 | See Source »

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