Word: worldly
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David Kaiser ’69, who signed the letter to Faust, emphasized in an interview with The Crimson that the global financial crisis has exposed fundamental flaws in the aggressive strategies used by investors around the world. He acknowledged that HMC has for years delivered spectacular endowment growth, but said that the drastic budget cutbacks now plaguing the University illustrated the need for “slower but more sustainable rates of growth...
Symbolic, useless two-year stints on the Security Council will not bring representation for much of the world. Expansion of permanent membership, however, would be a timely and productive measure to consider. Brazil, one of the new visiting members, would be an interesting choice to consider, as it exerts great strategic influence in South America, both militarily and environmentally (a growing global-security issue). Most clearly, however, Germany and Japan must be considered for permanent membership. The Security Council’s post-1945 composition obviously does not include those defeated Axis powers—Germany was not even...
...Cold War’s geopolitics have passed, and the concept of a regional superpower is following on its heels. Simply leaving ultimate security to those nations that won the Second World War and positioned themselves to lead the United Nations in the 1950s does not make sense for this upcoming century. The Security Council, as the peacekeeping arm of that body, should similarly reflect the political landscape of the times...
...call for the expansion of permanent membership, we do not believe that new permanent members should automatically receive the veto vote currently held by all ten permanent members. Such weighty power of office should be granted to countries depending on their relative power and ability to intervene in world conflict. The veto helps keep major powers such as Russia from conducting military actions unilaterally against the other council members—new members to whom this condition applies would have to be considered for a veto vote...
...more unreachable. Though the government and private donors have stepped in to ease the financial crunch, the runaway costs of higher education threaten to make it unaffordable, especially to those who stand to gain the most from it. As the College Board report makes clear, the real-world benefit of college is not simply academic: the unemployment rate for those with bachelor's degrees is just half that for people with high school diplomas alone. Among those with bachelor's degrees, the median family income was $101,099 in 2008 - twice the family income for high school graduates...