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...warning that such measures could prevent companies from participating in the program, but on Sept. 24 he relented in the face of political pressure. "The American people are angry about executive compensation, and rightfully so," he told the House Committee for Financial Services. "We must find a way to address this in legislation without undermining the effectiveness of the program...
...Federal Government was already heading for before this new thing came along. And yet that didn't seem to have any real-life effect either. Nor have any of the other gargantuan numbers that have floated past us in the generation since Ronald Reagan declared in his first Inaugural Address that society is like a family and has to live within its means. We took this as an invitation for our families to start borrowing like the Federal Government. So now we have the national debt, credit-card debt, student-loan debt, plus Social Security and other government promises that...
...View's hosts (including executive producer Barbara Walters) get away with this because they do what the more fettered media believe they can't: address issues people actually care about--as opposed to those the respectable media care about--and say what they actually think. Once upon a time, journalists' circumspection was a source of authority; increasingly, it just seems like phoniness. And while traditional media are trying to adapt to a bloggier, more opinionated age, they're still largely accustomed to the old standards of equivalency: the notion that if candidate X commits a transgression, "balance" requires that...
...worsening financial crisis that threatens to cripple the American economy. But the other is which would-be commander-in-chief can use the next four years to ensure that what’s past is not prologue. We should not ignore the second question in our eagerness to address the first. It might be useful to have Senators John McCain and Barack Obama in Washington this weekend to wrangle over the specifics of the proposed $700 billion federal bailout of Wall Street. But, truth be told, their return is not essential. Neither McCain nor Obama claims to be an economic...
...mobility hubs” on Allston streets, roadside centers that would provide opportunities for bicycle rentals and car-pooling. Although the several dozen residents present voiced support for the motion to make Allston more sustainable, some said they were concerned that the plans presented by the city did not address the most pressing transportation problems. “We should be talking about regional traffic and how to keep it from impacting local roads,” said task force chairman Ray Mellone. State Representative Michael J. Moran said the evening’s presentations missed the point...