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September 10, 2012 | | LOUSY? Mythomania about college has turned getting a degree into an American neurosis. It's sending parents to the poorhouse and saddling students with a backpack full of debt that doesn't even guarantee a good job in the end. With college debt making national headlines, Megan McArdle asks, is college a bum deal? SCHOOL’S OUT Close to 30,000 Chicago teachers will go on strike Monday for the first time in 25 years, according to their union. The educators have been locked in a struggle with Mayor Rahm Emanuel’s administration over reforms to city education Emanuel wants to implement. “We have failed to reach an agreement that will prevent a labor strike,” said Chicago Teachers Union president Karen Lewis on Sunday. “In the morning no CTU members will be inside our schools.” It is estimated that 350,000 students will be affected. On Monday morning officials told The Associated Press that measures were being taken to ensure student safety. PARADOX The economy’s in the tank, yet Romney can’t seem to gain an edge. One thing’s for sure, writes Niall Ferguson in Newsweek: this election is about likability. It’s not the economy, stupid. WANTED MAN After being sentenced to death in absentia Sunday, Iraqi Vice President Tariq al-Hashemi, who has been in exile in Turkey, maintained his “absolute innocence” and said that the charges against him were politically motivated. The Sunni politician became the target of terror charges in December, and he said Monday that Shiite Prime Minister Nuri al-Maliki had framed him. “The death sentence is a price I have to pay due to love of my country and my loyalty to my people,” al-Hashemi said Monday. “I reiterate that I’m innocent and am ready to stand before a fair judicial system and not a corrupt one that is under al-Maliki’s influence.” WAR CHEST President Obama’s campaign raised a stunning $114 million in August, outpacing the GOP in the race for cash for the first time months. Mitt Romney’s campaign took in $111 million last month. “No celebrating, because they’re going to have an even bigger September,” the Obama campaign tweeted, warning supporters off the idea that the Republicans may be on the run. “But now we know we can match them, doing this our way.” The Democrats flagged through the summer months as Romney’s camp raised in excess of $100 million each month in June, July, and August. | | 
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