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...Canadian experience with EFF reinforces the U.S. experience with TARP: government loses control of stimulus money once it falls into the hands of recipients. Obama needs to be realistic about what the "bad bank" can accomplish - namely relieving banks of some junk assets at considerable cost to the taxpayer. It won't jump-start consumer lending - at least not in the foreseeable future if the lesson of Prime Minister Stephen Harper's experience is anything...

Author: /time Magazine | Title: What Obama Can Learn From Canada on Bank Bailouts | 2/19/2009 | See Source »

Gates, tempered by his decades of seeing what U.S. intelligence could--and could not--do, is leery of the buzzwords and silver bullets that ricochet around the Pentagon. "Be modest about what military force can accomplish and what technology can accomplish," he told an audience of midcareer military and intelligence officials last fall. War is "inevitably tragic, inefficient and uncertain," he said. So is taking on the Pentagon...

Author: /time Magazine | Title: Can Robert Gates Tame the Pentagon? | 2/12/2009 | See Source »

...around Washington. They include tax credits and cheaper mortgages for home buyers as well as leaning on lenders to rewrite mortgage terms for struggling borrowers. But maybe we should ask what, exactly, fixing the housing market means--and prepare ourselves for the limits of what these policies can actually accomplish...

Author: /time Magazine | Title: How to Fix the Housing Market | 2/12/2009 | See Source »

What do you still wish to accomplish in your lifetime? Elizabeth Chapman PRINCETON...

Author: /time Magazine | Title: 10 Questions for Giorgio Armani | 2/12/2009 | See Source »

...heist film of sorts, the movie follows Philippe Petit’s 1974 quest to cross the World Trade Center towers on a tightrope. In his introduction of the documentary, Boston Phoenix film editor Peter Keough praised the movie’s subtle restraint. “Some movies accomplish more by leaving things out than by putting them in,” he said. Anyone who has seen the film will know immediately what Keough refers to, for while there is plenty of footage concerning the building of the Twin Towers, there is nary a mention of their destruction...

Author: By Bram A. Strochlic, CRIMSON STAFF WRITER | Title: Film Critics Toast Year at Brattle Theatre | 2/12/2009 | See Source »

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