One fast-growing American industry has become a conspicuous beneficiary of the recession: for-profit colleges and trade schools.

At institutions that train students for careers in areas like health care, computers and food service, enrollments are soaring as people anxious about weak job prospects borrow aggressively to pay tuition that can exceed $30,000 a year.

But the profits have come at substantial taxpayer expense while often delivering dubious benefits to students, according to academics and advocates for greater oversight of financial aid. Critics say many schools exaggerate the value of their degree programs, selling young people on dreams of middle-class wages while setting them up for default on untenable debts, low-wage work and a struggle to avoid poverty. And the schools are harvesting growing federal student aid dollars, including Pell grants awarded to low-income students.

“If these programs keep growing, you’re going to wind up with more and more students who are graduating and can’t find meaningful employment,” said Rafael I. Pardo, a professor at Seattle University School of Law and an expert on educational finance. “They can’t generate income needed to pay back their loans, and they’re going to end up in financial distress.”

Read it all.

U.S. forces have recovered a huge cache of weapons that was given to Afghan security forces but wound up in the hands of the Taliban, a U.S. military review has found.

The Afghan army and national police have lost 13,000 weapons, 200,000 rounds of ammunition, 80 vehicles and one pair of night vision goggles, members of a U.S. task force told USA TODAY.

All the gear was bought for the Afghans by Americans, part of $330 million in weapons purchases.

Most of the weapons have been seized from the Taliban or other insurgent forces.

Read it all.

U.S. forces have recovered a huge cache of weapons that was given to Afghan security forces but wound up in the hands of the Taliban, a U.S. military review has found.

The Afghan army and national police have lost 13,000 weapons, 200,000 rounds of ammunition, 80 vehicles and one pair of night vision goggles, members of a U.S. task force told USA TODAY.

All the gear was bought for the Afghans by Americans, part of $330 million in weapons purchases.

Most of the weapons have been seized from the Taliban or other insurgent forces.

Read it all.

Each Sunday morning, members of White Stone Church spread photos of the girls’ grinning, impish faces across a folding table in the lobby, then prayed for the day they might join them.

When the churchgoers closed their eyes and bowed their heads, it no longer mattered that 1,400 miles separated them from the girls or that they lived in a Haitian village whose dirt floors and lack of running water were unthinkable in north Knoxville’s quilt of neatly tended subdivisions and fast-food drive-thrus.

They are “Our Girls,” the worshippers told one another.

Over six years, the girls of Coq Chante had come to feel like family. Now, after trips by dozens to Haiti, thousands of dollars raised and spent, and countless hours poring over adoption paperwork, the bond with 19 children from another world felt unbreakable.

Until a Tuesday night in January.

Read it all.

Each Sunday morning, members of White Stone Church spread photos of the girls’ grinning, impish faces across a folding table in the lobby, then prayed for the day they might join them.

When the churchgoers closed their eyes and bowed their heads, it no longer mattered that 1,400 miles separated them from the girls or that they lived in a Haitian village whose dirt floors and lack of running water were unthinkable in north Knoxville’s quilt of neatly tended subdivisions and fast-food drive-thrus.

They are “Our Girls,” the worshippers told one another.

Over six years, the girls of Coq Chante had come to feel like family. Now, after trips by dozens to Haiti, thousands of dollars raised and spent, and countless hours poring over adoption paperwork, the bond with 19 children from another world felt unbreakable.

Until a Tuesday night in January.

Read it all.

OVER the past few years, a growing number of America’s parentless children have found homes. In 2008 there were 463,000 children in foster care, a system where the government places orphans and children with parents who are abusive or unable to take care of them in the care of guardians. That is 11% down since 2002, and great news. But experts worry the trend might now go into reverse.

Some welfare advocates fear that the bad economy may cause parents with frayed nerves to abuse and neglect their children, and even cause some to abandon them. Already, several hospitals across the country have reported an increase in the frequency and severity of injuries from child abuse.

The most recent national data on child welfare available dates from September 2008, before the recession was in full throttle; data from 2009 won’t be reported until later this year. But there is some question about whether the data, when reported, will even be accurate. Many states and counties, in an attempt to cope with their fiscal straits, are considering cutting down on child-welfare services, such as benefits for foster parents and the number of social workers they employ.

Read the whole article.

OVER the past few years, a growing number of America’s parentless children have found homes. In 2008 there were 463,000 children in foster care, a system where the government places orphans and children with parents who are abusive or unable to take care of them in the care of guardians. That is 11% down since 2002, and great news. But experts worry the trend might now go into reverse.

Some welfare advocates fear that the bad economy may cause parents with frayed nerves to abuse and neglect their children, and even cause some to abandon them. Already, several hospitals across the country have reported an increase in the frequency and severity of injuries from child abuse.

The most recent national data on child welfare available dates from September 2008, before the recession was in full throttle; data from 2009 won’t be reported until later this year. But there is some question about whether the data, when reported, will even be accurate. Many states and counties, in an attempt to cope with their fiscal straits, are considering cutting down on child-welfare services, such as benefits for foster parents and the number of social workers they employ.

Read the whole article.

The United States, Germany and other major economies could see their top-notch credit rating come under pressure if the recovery in the global economy stalls, Moody’s Investors Service warned Monday in a report.

The ratings of the Aaa governments ”” which also include Britain, France, Spain and “the less fiscally challenged Denmark, Norway, Finland and Sweden” ”” “are currently well positioned despite their stretched finances,” Moody’s said in its quarter Sovereign Monitor report.

But the agency noted that “the recovery that has taken hold across the global economy remains fragile in several of the large advanced economies, most of which have also implemented the most aggressively expansionary fiscal and monetary policies.”

Read it all.

The United States, Germany and other major economies could see their top-notch credit rating come under pressure if the recovery in the global economy stalls, Moody’s Investors Service warned Monday in a report.

The ratings of the Aaa governments ”” which also include Britain, France, Spain and “the less fiscally challenged Denmark, Norway, Finland and Sweden” ”” “are currently well positioned despite their stretched finances,” Moody’s said in its quarter Sovereign Monitor report.

But the agency noted that “the recovery that has taken hold across the global economy remains fragile in several of the large advanced economies, most of which have also implemented the most aggressively expansionary fiscal and monetary policies.”

Read it all.

Premier Wen Jiabao aimed sharp words at Washington on Sunday, ceding little ground on China’s currency policy and suggesting that U.S. efforts to boost its exports by weakening the dollar amounted to “a kind of trade protectionism.”

In his once-yearly news conference, Mr. Wen blamed the recent deterioration in what he called China’s most important foreign relationship on U.S. weapons sales to Taiwan and President Barack Obama’s meeting with Tibetan spiritual leader the Dalai Lama.

“These moves have violated China’s territorial integrity,” Mr. Wen said. “The responsibility does not lie with the Chinese side but with the United States.” Mr. Wen said a good China-U.S. relationship “makes both sides winners while a confrontational one makes both sides losers.”

Because Mr. Wen comments so rarely in public, his annual press conferences have a magnified importance. This year’s comments were a rare opportunity to hear candidly, and in unusual depth, a Chinese leader’s perspective on the U.S.

Read it all.

Premier Wen Jiabao aimed sharp words at Washington on Sunday, ceding little ground on China’s currency policy and suggesting that U.S. efforts to boost its exports by weakening the dollar amounted to “a kind of trade protectionism.”

In his once-yearly news conference, Mr. Wen blamed the recent deterioration in what he called China’s most important foreign relationship on U.S. weapons sales to Taiwan and President Barack Obama’s meeting with Tibetan spiritual leader the Dalai Lama.

“These moves have violated China’s territorial integrity,” Mr. Wen said. “The responsibility does not lie with the Chinese side but with the United States.” Mr. Wen said a good China-U.S. relationship “makes both sides winners while a confrontational one makes both sides losers.”

Because Mr. Wen comments so rarely in public, his annual press conferences have a magnified importance. This year’s comments were a rare opportunity to hear candidly, and in unusual depth, a Chinese leader’s perspective on the U.S.

Read it all.

And taking him aside from the multitude privately, he put his fingers into his ears, and he spat and touched his tongue; and looking up to heaven, he sighed, and said to him, “Eph’phatha,” that is, “Be opened.” And his ears were opened, his tongue was released, and he spoke plainly.

–Mark 7:33-35

And taking him aside from the multitude privately, he put his fingers into his ears, and he spat and touched his tongue; and looking up to heaven, he sighed, and said to him, “Eph’phatha,” that is, “Be opened.” And his ears were opened, his tongue was released, and he spoke plainly.

–Mark 7:33-35

O Lord and Saviour Jesus Christ, who art thyself the bread of life, and hast promised that he who comes to thee shall never hunger: Grant us faith truly to partake of thee through Word and Sacrament, that we may find refreshment of spirit and be strengthened for thy service; who livest and reignest with the Father, in the unity of the Holy Spirit, ever one God, world without end.

O Lord and Saviour Jesus Christ, who art thyself the bread of life, and hast promised that he who comes to thee shall never hunger: Grant us faith truly to partake of thee through Word and Sacrament, that we may find refreshment of spirit and be strengthened for thy service; who livest and reignest with the Father, in the unity of the Holy Spirit, ever one God, world without end.

Charleston is a place of firsts.

It was the first permanent settlement in one of the New World’s first Colonies. It fostered the earliest cohesive Jewish community in the South. It was home to two of the four South Carolina men who signed the Declaration of Independence. It was the place where the first shots of the Civil War rang out. It was the American city where Reform Judaism first took root, in 1824.

And this July, Charleston’s Reform synagogue, Kahal Kadosh Beth Elohim, will welcome the city’s first female rabbi: Stephanie Alexander.

Read it all.

Charleston is a place of firsts.

It was the first permanent settlement in one of the New World’s first Colonies. It fostered the earliest cohesive Jewish community in the South. It was home to two of the four South Carolina men who signed the Declaration of Independence. It was the place where the first shots of the Civil War rang out. It was the American city where Reform Judaism first took root, in 1824.

And this July, Charleston’s Reform synagogue, Kahal Kadosh Beth Elohim, will welcome the city’s first female rabbi: Stephanie Alexander.

Read it all.

Residents eager to get their state tax refunds may have a long wait this year: The recession has tied up cash and caused officials in half a dozen states to consider freezing refunds, in one case for as long as five months.

States from New York to Hawaii that have been hard-hit by the economic downturn say they have either delayed refunds or are considering doing so because of budget shortfalls.

“It’s an indicator of how bad it is,” says Scott Pattison, executive director of the National Association of State Budget Officers. “You know things are bad when you have to do that.”

New York, hit with a $9 billion deficit, may delay $500 million in refunds to keep the state from running out of cash, says Gov. David Paterson.

Read it all.

Residents eager to get their state tax refunds may have a long wait this year: The recession has tied up cash and caused officials in half a dozen states to consider freezing refunds, in one case for as long as five months.

States from New York to Hawaii that have been hard-hit by the economic downturn say they have either delayed refunds or are considering doing so because of budget shortfalls.

“It’s an indicator of how bad it is,” says Scott Pattison, executive director of the National Association of State Budget Officers. “You know things are bad when you have to do that.”

New York, hit with a $9 billion deficit, may delay $500 million in refunds to keep the state from running out of cash, says Gov. David Paterson.

Read it all.

Senator Mitch McConnell, the Republican leader, had a little political advice last week for President Obama and the Democrats: Don’t pass the president’s health care legislation because you would risk losing in the midterm elections.

Mr. Obama laughed about it afterward. “I generally wouldn’t take advice about what’s good for Democrats” from Mr. McConnell, he told an audience in Pennsylvania. But he conceded that “that’s what members of Congress are hearing right now on the cable shows and in sort of the gossip columns in Washington.” He went on to argue that the issue should be what’s right, not the politics.

But this is Washington and politics are never far from the surface, especially at a decisive moment like this. If the schedule being mapped last week holds ”“ and Mr. Obama’s senior adviser, David Axelrod, said on Sunday that it would ”” the fate of the president’s health care plan should be decided within the week. “I believe we will have” the votes, Mr. Axelrod said on ABC’s “This Week,” though Republicans and even some Democrats have questioned whether the votes are there now.

Read it all.

Senator Mitch McConnell, the Republican leader, had a little political advice last week for President Obama and the Democrats: Don’t pass the president’s health care legislation because you would risk losing in the midterm elections.

Mr. Obama laughed about it afterward. “I generally wouldn’t take advice about what’s good for Democrats” from Mr. McConnell, he told an audience in Pennsylvania. But he conceded that “that’s what members of Congress are hearing right now on the cable shows and in sort of the gossip columns in Washington.” He went on to argue that the issue should be what’s right, not the politics.

But this is Washington and politics are never far from the surface, especially at a decisive moment like this. If the schedule being mapped last week holds ”“ and Mr. Obama’s senior adviser, David Axelrod, said on Sunday that it would ”” the fate of the president’s health care plan should be decided within the week. “I believe we will have” the votes, Mr. Axelrod said on ABC’s “This Week,” though Republicans and even some Democrats have questioned whether the votes are there now.

Read it all.

There is a chance to introduce a tax that will recognise both the massive expansion of the financial services industry in recent years and the fact that taxation has never kept up with this ”“ but also a tax that will generate really substantial resources to deal with the urgent global needs that can’t wait for some miraculous turnaround in the economy. If we are serious about wanting to tackle real poverty at home or abroad, would we prefer to see an increased burden on domestic taxpayers or an innovative approach that looks for help to the enormous revenues of the financial world? There certainly is a profound connection between poverty and the banking crisis ”“ we all know the new pressures on jobs and the poor at home ”“ and the World Bank has estimated that two million more children could die as a result of the downturn.

The plan is to tax certain transactions between financial institutions ”“ not burdening the High Street banks or the private currency transactions of holidaymakers, but targeting the hundreds of billions that flow between the big players in the financial industry. A tax of an average of 0.05% on these transactions ”“ 50p in every £1000 ”“ could generate something like £250 billion per annum.

Read it all.

There is a chance to introduce a tax that will recognise both the massive expansion of the financial services industry in recent years and the fact that taxation has never kept up with this ”“ but also a tax that will generate really substantial resources to deal with the urgent global needs that can’t wait for some miraculous turnaround in the economy. If we are serious about wanting to tackle real poverty at home or abroad, would we prefer to see an increased burden on domestic taxpayers or an innovative approach that looks for help to the enormous revenues of the financial world? There certainly is a profound connection between poverty and the banking crisis ”“ we all know the new pressures on jobs and the poor at home ”“ and the World Bank has estimated that two million more children could die as a result of the downturn.

The plan is to tax certain transactions between financial institutions ”“ not burdening the High Street banks or the private currency transactions of holidaymakers, but targeting the hundreds of billions that flow between the big players in the financial industry. A tax of an average of 0.05% on these transactions ”“ 50p in every £1000 ”“ could generate something like £250 billion per annum.

Read it all.

We need to demand an immediate release of the e-mails, phone records, and meeting notes from the NY Fed and key Lehman principals regarding the NY Fed’s review of Lehman’s solvency. If, as things appear now, Lehman was allowed by the Fed’s inaction to remain in business, when the Fed should have insisted on a wind-down (and the failed Barclay’s said this was not infeasible: even an orderly bankruptcy would have been preferrable, as Harvey Miller, who handled the Lehman BK filing has made clear; a good bank/bad bank structure, with a Fed backstop of the bad bank, would have been an option if the Fed’s justification for inaction was systemic risk), the NY Fed at a minimum helped perpetuate a fraud on investors and counterparties.

This pattern further suggests the Fed, which by its charter is tasked to promote the safety and soundness of the banking system, instead, via its collusion with Lehman management, operated to protect particular actors to the detriment of the public at large.

Read it all.

We need to demand an immediate release of the e-mails, phone records, and meeting notes from the NY Fed and key Lehman principals regarding the NY Fed’s review of Lehman’s solvency. If, as things appear now, Lehman was allowed by the Fed’s inaction to remain in business, when the Fed should have insisted on a wind-down (and the failed Barclay’s said this was not infeasible: even an orderly bankruptcy would have been preferrable, as Harvey Miller, who handled the Lehman BK filing has made clear; a good bank/bad bank structure, with a Fed backstop of the bad bank, would have been an option if the Fed’s justification for inaction was systemic risk), the NY Fed at a minimum helped perpetuate a fraud on investors and counterparties.

This pattern further suggests the Fed, which by its charter is tasked to promote the safety and soundness of the banking system, instead, via its collusion with Lehman management, operated to protect particular actors to the detriment of the public at large.

Read it all.

Eslewhere in the world, Europe is widely regarded as a continent whose economy is rigid and sclerotic, whose people are work-shy and welfare-dependent, and whose industrial base is antiquated and declining””the broken cogs and levers that condemn the old world to a gloomy future. As with most clichés, there is some truth in it. Yet as our special report in this week’s issue shows, the achievements of Germany, Europe’s biggest economy, tell a rather different story.

A decade ago Germany was the sick man of Europe, plagued by slow growth and high unemployment, with big manufacturers moving out in a desperate search for lower costs. Now, despite the recession, unemployment is lower than it was five years ago. Although Germany recently ceded its place as the world’s biggest exporter to China, its exporting prowess remains undimmed. As a share of GDP, its current-account surplus this year will be bigger than China’s.

Read it all.

Eslewhere in the world, Europe is widely regarded as a continent whose economy is rigid and sclerotic, whose people are work-shy and welfare-dependent, and whose industrial base is antiquated and declining””the broken cogs and levers that condemn the old world to a gloomy future. As with most clichés, there is some truth in it. Yet as our special report in this week’s issue shows, the achievements of Germany, Europe’s biggest economy, tell a rather different story.

A decade ago Germany was the sick man of Europe, plagued by slow growth and high unemployment, with big manufacturers moving out in a desperate search for lower costs. Now, despite the recession, unemployment is lower than it was five years ago. Although Germany recently ceded its place as the world’s biggest exporter to China, its exporting prowess remains undimmed. As a share of GDP, its current-account surplus this year will be bigger than China’s.

Read it all.

DR. PHILIP HAWLEY (Grant Medical Center). We have people who are terminal on aggressive life support measures. Clearly they are not going to survive. We are spending all this time and money taking care of them. They are suffering, and it’s completely inappropriate.

DR. GORDON: What people need to do is talk about this with their family, with their physician, in advance. If they get a life-threatening illness, a lot of times they won’t be able to. Maybe they won’t be coherent, or they’ll be on a life-support machine. They can’t express their wishes, then they put their family in a bind, so they feel guilty, they don’t know for sure, and then what often happens is the sort of default is, well, let’s do everything, as much as possible.

ROLLIN: And sometimes families disagree about what to do. It’s hard for some to let go, which complicates things further.

DR. HAWLEY: If we could get families to deal with this we would not have this problem. We feel we as physicians should be able to step in and say we’ve got to stop the madness.

Read it all.

DR. PHILIP HAWLEY (Grant Medical Center). We have people who are terminal on aggressive life support measures. Clearly they are not going to survive. We are spending all this time and money taking care of them. They are suffering, and it’s completely inappropriate.

DR. GORDON: What people need to do is talk about this with their family, with their physician, in advance. If they get a life-threatening illness, a lot of times they won’t be able to. Maybe they won’t be coherent, or they’ll be on a life-support machine. They can’t express their wishes, then they put their family in a bind, so they feel guilty, they don’t know for sure, and then what often happens is the sort of default is, well, let’s do everything, as much as possible.

ROLLIN: And sometimes families disagree about what to do. It’s hard for some to let go, which complicates things further.

DR. HAWLEY: If we could get families to deal with this we would not have this problem. We feel we as physicians should be able to step in and say we’ve got to stop the madness.

Read it all.

It seemed like a good idea at the time. Diabetics are at an unusually high risk of heart disease, heart attacks and strokes, so treating them intensively to sharply reduce blood pressure, cholesterol levels and sugar levels should be highly beneficial. But a decade of studies in thousands of patients show that is not the case.

Two new reports from a major nationwide trial called ACCORD released Sunday show that lowering either blood pressure or cholesterol levels below current guidelines do not provide additional benefit and, in fact, increase the risk of side effects. A third arm of the study, released two years ago, shows that lowering blood sugar levels excessively actually increases the risk of heart disease.

The results are very disappointing, researchers say, because they suggest that clinicians may have reached the limit for what they can do for diabetic patients without the development of totally new therapeutic approaches.

Read it all.