The Republican race to be the nominee is officially over and Mitt Romney is the great hope of the Grand Old Party. While on paper he looks like the perfect candidate for Republicans (white, wealthy and handsome), he lacks the charisma and conviction to fire up the base. On the other side of the spectrum is Barack Obama who,...
Derivatives. Everyone has heard of these opaque financial instruments that only the wizards in Wall Street seem to understand, but what are they exactly? In the financial sense they are essentially a contract between two parties to trade an asset at a certain time or specific market condition. That is the explanation you will probably hear from someone on...
It’s that time of year again—spring quarter is coming to a close and commencement is only a few weeks away. Soon students will sit alongside their peers under the Riverside sun in one of their last days as UCR undergraduates. But commencement is much more than just a ceremony to receive your diploma. It’s one of the last impressions...
Freedom of information and disclosure is as critical to our electoral process as freedom of speech. Unfortunately, today’s free speech hides behind an iron curtain of secrecy, and the people are denied the opportunity to determine the funding source behind campaign ads funneled through the U.S. Chamber of Commerce or Super Political Action Committees, as a result of the...
One of the most important indicators of a healthy democracy is responsiveness, or how carefully political leaders acknowledge the preferences of a majority of voters and work to implement these preferences. When a particular politician proves reluctant to support policies overwhelmingly approved by the populace at large, a responsive system provides a credible alternative capable of fulfilling these wishes....
During the recent financial crisis, Jamie Dimon was considered one of the smartest CEO’s on Wall Street. He had prudently steered JPMorgan away from the wave of subprime mortgage waste that was bearing down on much of Wall Street. He was Wall Street’s golden boy and shareholders’ savior, but that was 2008. Fast forward to 2012, and Dimon finds...
University officials recently announced their intentions to build an 8,000-seat arena where Bannockburn Village currently resides. The purpose of the C-Center, as officials are tentatively calling the arena, would be to serve as a venue for large university events like concerts, athletic competitions and commencements. Student response to the proposal has been largely mixed, due in part to fears...
In an effort to instill a greater sense of school spirit in the UCR student body and encourage an increased interest in the arts, we at the Highlander Editorial Board have put together a simple proposal designed to get students more energized about the artistic endeavors of their peers as well as UCR’s campus itself without breaking the administration’s...
Recently, President Obama announced a shift in his position regarding same-sex marriage. He said, “It is important for me to go ahead and affirm that I think same sex couples should be able to get married,” moving away from his 2008 position opposing same-sex marriage and supporting civil unions. He describes this shift as an “evolution” and claims that...
Last week, the UCR community learned that several representatives of the ASUCR political party CR were caught using their laptops to campaign outside of the University Village Theater during elections week. The discovery, which arose from a YouTube video that shows candidates from CR holding laptops while they talk to students on the steps leading up to the theater,...