Corruption is usually thought to be a bad thing. But in China, the answer is no longer crystal clear.
For decades, the country's Communist Party has declared that corruption threatens its very survival. But there are signs that this is changing. Recently, the state-run media have begun arguing that corruption can't be stamped out, so it should be contained to acceptable levels. And some corruption appears to be tacitly condoned.
Originally published on Fri June 29, 2012 11:19 am
By a vote of 373-52, the House passed a massive bill that among other things keeps the interest rate on student loans from doubling on July 1.
"The U.S. House of Representatives passed a massive bill on Friday combining funding for transportation programs, low-interest student loans, and the National Flood Insurance Program," the Reuters reports.