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Compared to the eternally crazy schedules of many American teenagers, this approach seems rather refreshing. In the states, high school students often juggle dozens of activities on top of their schoolwork, and increasingly plan out overly busy summers in order to impress universities. But having been here for almost four weeks now, I feel that there is something wanting in the lives of the local Spanish teenagers who seem almost singularly occupied with having fun. Certainly, most American students would eagerly welcome more carefree summers, but the experience of working a part-time job, of interning at a political office...

Author: By Adrienne Y. Lee | Title: Livin' La Vida Loca | 7/29/2009 | See Source »

...southern neighbor, created a consumer financial agency in 2001. Australia and the Netherlands have taken the more ambitious step of consolidating all consumer and market oversight under one financial regulator while leaving soundness to another. Last year when he was still Treasury Secretary, Hank Paulson endorsed this approach in his blueprint for regulatory reform. (Watch TIME's video of Peter Schiff trash-talking the markets...

Author: /time Magazine | Title: Financial Aid | 7/27/2009 | See Source »

...cyberlaw professors at Harvard agree with Nesson's unorthodox approach. In an emailed exchange, Law School professor Lawrence Lessig, who argued against copyright extensions before the Supreme Court, wrote that Nesson did "the law too much kindness by trying to pretend (or stretch) 'fair use' excuses what [Tenenbaum...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Harvard Prof To Argue Against File-Sharing Law | 7/27/2009 | See Source »

...Street and Fortune 500 executives, for example, are worth about $40,000 a year. But even if the threshold could be set at such a level that it doesn't apply to many union insurance plans, which in some states are worth upwards of $20,000 a year, that approach is expected to raise no more than one-third of what is needed...

Author: /time Magazine | Title: The Five Biggest Hurdles to Health-Care Reform | 7/27/2009 | See Source »

...that would compete with existing private plans - a highly controversial idea that Republicans say is tantamount to the socialization of health care, but which many Democrats (including Obama) say is essential for any overhaul of the system. The Senate Finance Committee's bill takes a middle-of-the-road approach, including a co-op plan, essentially a nonprofit version of a government plan that some critics say couldn't possibly compete effectively the way a public option could. The legislation includes provisions for a public plan, but such an approach would be triggered only if the co-op plan doesn...

Author: /time Magazine | Title: The Five Biggest Hurdles to Health-Care Reform | 7/27/2009 | See Source »

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