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...Spurred by President Palin’s aggressive subsidies to clean-energy sources and a series of technological breakthroughs, wind power quickly displaced almost all other forms of energy. The huge scale of wind-farm construction—the total value of wind farms worldwide exceeds $5 trillion??was facilitated by the innovation of the SWIFT structure. A SWIFT is a specialized investment fund that holds a broadly diversified portfolio of wind-farm assets. These assets generate revenues that are tightly linked to the price of electricity: When electricity prices are high, SWIFTs enjoy higher revenues. SWIFTs have...

Author: By Jeremy C. Stein | Title: The Next Financial Crisis | 5/27/2010 | See Source »

...ignoring the fact that the system will pay out more this year than it takes in. Nancy Pelosi (D-Calif.), meanwhile, disingenuously claimed that she opposed a plan to introduce personal accounts because she did not want to “bleed Social Security of $2 trillion?? conveniently ignoring the fact that this extra $2 trillion would instead be paid to individuals from their own private accounts, with interest...

Author: By Colin J. Motley and Caleb L. Weatherl | Title: Entitled | 3/30/2010 | See Source »

...with pneumonia, classmate Keith Wright is hobbled with Achilles tendonitis, and senior Pat Magnarelli is sidelined with a high ankle sprain. These ailments have resulted in increased action for co-captain Doug Miller, freshman Kyle Casey, and rookie Jeff Georgatos, who recorded an unprecedented “13 trillion?? (13 minutes, zero stats) in the loss to Princeton...

Author: By Timothy J. Walsh, CRIMSON STAFF WRITER | Title: Hoop Dreams Hinge on Help | 2/12/2010 | See Source »

...federal budget deficit in half by the end of his term may come as a surprise given the current economic crisis. Decreasing the current budget deficit, however, is important for the long-term health of the U.S. economy. The 2009 budget deficit is expected to reach $1.5 trillion??and cutting this in half by 2013 will be challenging. Still, it is heartening to see that, although the administration began its term by passing a $787 billion economic stimulus bill, it is making concrete plans that will benefit our country in both the short and long...

Author: By The Crimson Staff | Title: Half Off | 2/23/2009 | See Source »

...answer—$3 trillion??has made headlines around the world...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Billing a War | 3/18/2008 | See Source »

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