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...height of the housing bubble, from 2004 to 2006, the market share for GSES shrank toward the single digits. So if you're looking for a culprit for the bubble and bust, Frannie really isn't the best candidate. In one recent paper, three California real estate scholars even argue that it was in fact the absence of Fannie and Freddie and their reasonably tight underwriting standards that caused the bubble...

Author: /time Magazine | Title: With Fannie and Freddie, the US Is Bailout Nation | 9/11/2008 | See Source »

That service should be directed toward pressing national challenges. We need more Americans to teach and an Energy Corps to help develop renewable and efficient energy. And we need to grow our Foreign Service and Peace Corps to renew America's standing in the world...

Author: /time Magazine | Title: Barack Obama: A Call to Service | 9/11/2008 | See Source »

...There were a lot of different points of view expressed during the discussion,” Mankiw added. “I think given where everybody started...we ended up at a very good place.” While the economics department was hoping for Ec10 to count toward The United States in the World, some on the Gen Ed committee thought it might be better suited for Empirical and Mathematical Reasoning. The deadlock was due in part to Gen Ed’s central claim to focus more on subject matter than “ways of knowing...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: After Dispute, Ec10 Approved for Gen Ed | 9/11/2008 | See Source »

...however, is precisely the problem. It is what led to the English-only rule, and there is no guarantee it won’t result in equally reprehensible policies in the future. There’s no doubt that the rule was misguided. But its source was neither xenophobia toward Asian players, nor a Western superiority complex, as commentators have claimed. It was desperation. The challenge for the LPGA now is to make sure that the green on the course doesn’t play second fiddle to the green in the bank...

Author: By Jessica A. Sequeira | Title: Between a Rock and a Sand Trap | 9/11/2008 | See Source »

...meantime, the options in some Core categories are not promising. Only three classes counting toward the Literature and Arts C requirement will be taught this fall...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Gen Ed Program Fits Core For First Years | 9/11/2008 | See Source »

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