A Western Herald editorial endorsed WMU’s attempt to turn the protected Colony Farm Orchard into an annex of the BTR park. After a kind of cost/benefit analysis, the Herald concluded that the University would make a bunch of money. Just four quick points: 1. Since WMU paid nothing for the land (bought by the state with taxpayer money), WMU ought to be able to sell it at a profit. Who couldn’t? The BTR park has done well. Or so we’re told; WMU never provides cash flow figures. But it opened
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Just over a year after economic calamity brought promises of reform from Washington, has Wall Street really changed? Former International Monetary Fund chief economist Simon Johnson and US Rep. Marcy Kaptur (D-OH) report on the state of the economy. > click for video In Michael Moore’s new film Capitalism: A Love Story, Congresswoman Kaptur says there has been a financial coup d’etat, and that Wall Street – rather than Congress – is in charge. Hat tip Washington’s blog
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Athens – Greece’s socialists under the leadership of George Papandreou won a landslide election victory on promises that they would jump-start an ailing economy which is on the verge of a recession. Sunday’s elections, which pitted the heirs of two of the most powerful political dynasties – Papandreou against Conservative Prime Minister Costas Karamanlis – were seen as critical for implementing reforms needed in the eurozone’s second-poorest member.“We stand united to face the big responsibilit
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TOKYO, Japan (CNN) — Now comes the hard part. Handed a sweeping mandate for change, the Democratic Party of Japan (DPJ) begins the formidable task of delivering on a laundry list of promises intended to lift the country after its worst recession since World War II. Voters — skeptical, pessimistic and impatient — are unlikely to give the party, which has never held office, much time to make good. Japan is witnessing historic highs in unemployment and experiencing ramifications like hom
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No regrets on voting for him, but Camille Paglia damns with faint praise Barack Obama by calling him incompetent and asking that Nancy Pelosi resign. The President, in Paglia’s words, has surrounded himself with “juvenile tinhorns, bumbling mediocrities and crass bully boys,” and she’s unhappy with administration’s “grotesque mishandling of healthcare reform,” But who would have thought that the sober, deliberative Barack Obama would have nothing to propose but vague and slippery promises
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