On making wise investment decisions [News, 2/14]


SMART GROWTH
Evidently, the Feds abandoned the Dulles Rail project (WaPo, 2/13) because their decision formula doesn’t take into account things like potential economic growth and housing/business relocation, and instead focuses “almost entirely on a single benefit — savings in time traveled.”  How visionary. 

EDUCATION
The Eugene and Agnes E. Meyer Foundation’s $150,000 challenge grant [made to the Historical Society of Washington and approved by D.C. Schools Chancellor Rhee] will enable teachers to link pre-kindergarten through 12th-grade social studies materials to fun and engaging lessons and resources using local history.” (WaPo, 2/7)

PHILANTHROPY
[Va.] Bill to permit donors to public colleges and universities to remain anonymous passes the Va. House. (Collegiate Times, 2/14)

Call for charity levy on wealthy – but don’t pinch yourself, it’s the U.K. (Financial Times, 2/12 – thanks, reader P.)

JUVENILE JUSTICE/YOUTH DEVELOPMENT
Fenty Defends City Agency for Delinquent Youth and Director Vincent Schiraldi. (WaPo, 2/14)

REGIONAL BUDGETS
– Lean times in Virginia may affect education funding (WaPo, 2/14)
– [Md.] New: The Regular Person’s Guide to the Governor’s FY09 Budget Proposal (wire, 2/13)

POPLAR POINT
[D.C.] In a reversal of what was printed in the dead-tree WaPo this morning, Mayor Fenty says that “no deal has been struck to use public funds to build a professional soccer stadium in Southeast Washington.” (WaPo, 2/14)