Mason in the News

Posted: April 10, 2009 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am

Monday, April 6, Fox News

Obama White House Faces ‘Unprecedented’ Onslaught of Domestic, Global Problems

“As President Obama seeks to enact a broad agenda, much of it promised during his presidential campaign, it seems as if every day brings another challenge. But with the new administration stretched wafer thin, it’s questionable whether the Obama White House, or any White House, could be equipped to handle such an onslaught of problems. Jeremy Mayer, public policy professor at George Mason University, said ‘there’s a delicate balancing act that needs to go on here between looking personally involved and also delegating effectively.’ He said one of former President Clinton’s problems early on was he did not delegate enough. Former President Reagan mastered the art of delegation, but then ran into the perils of over-delegating in his second term with issues like the Iran-Contra affair, Mayer said.”

Tuesday, April 7, Newsweek

Is China the New America?

“Now, of course, the U.S. is leveraged to the hilt — the national debt recently surpassed $11 trillion — and the world’s top creditor nation is China, which sits on about $2 trillion worth of reserves. Tyler Cowen, the [über]-econoblogger and George Mason University professor, goes so far as to say that ‘the United States is, relatively speaking, a countercyclical asset.’ In other words, when things are going really well, the U.S. loses ground on a relative basis — witness the emerging-markets boom of 2002-2007, when even Vietnam saw a surge of investment, and the dollar hit record lows against the euro. But ‘the worse things go for the world as a whole, the more the United States gains in relative power and influence.’”

Wednesday, April 8, Los Angeles Times

Obama’s Plan for Sweeping Financial Regulation Could Backfire

“The Obama administration’s plan for a sweeping expansion of financial regulations could have unintended consequences that increase the very hazards that these changes are meant to prevent. Financial experts say the perception that the government will backstop certain losses will actually encourage some firms to take on even greater risks and grow perilously large. While some financial instruments will come under tighter control, others will remain only loosely regulated, creating what some experts say are new loopholes. Still others say the regulation could drive money into questionable investments, shadowy new markets and lightly regulated corners of the globe. ‘It could give incentives for parties to issue less standardized or very customized contracts which would not be required to be cleared,’ said Houman Shadab, senior research fellow at the Mercatus Center at George Mason University.”

Wednesday, April 8, Washington Post

Peru’s Fujimori Gets 25 Years

“Former Peruvian president Alberto Fujimori was convicted Tuesday of ‘crimes against humanity’ and sentenced to 25 years in prison for his role in killings and kidnappings by security forces during his government’s battle against leftist guerrillas in the 1990s. The verdict, delivered by a three-judge panel on a police base outside Lima where Fujimori has been held throughout the trial, marked the first time that an elected head of state has been extradited back to his home country, tried and convicted of human rights violations. ‘This is a stunning verdict,’ said Jo-Marie Burt, a Latin American studies professor at George Mason University who has been observing Fujimori’s trial. ‘The court clearly laid out the reasoning behind the verdict, the structure of power Fujimori created and how he was the man behind the crimes.’”

Thursday, April 9, Wall Street Journal

Leave It to the Beavers to Find a Pep Band

“George Mason University’s pep band is getting another chance to toot its horns for the Cinderella team in an NCAA tournament — except this time it’s not George Mason. Bemidji State, the No. 16 seed in the NCAA hockey tournament, isn’t flying its band to its semifinal game in Washington Thursday, so GMU’s band volunteered. Band leader Michael Nickens says they’re perfecting the Bemidji State fight song and learning about the opponent, Miami University of Ohio, for trash-talking purposes. ‘I have them literally on heckling scholarships,’ he says.”

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