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...Bloom's initial efforts are meeting with only moderate success. The stock market reacted negatively to the government's plan on Monday, with the S&P 500 dropping nearly 3.5% on fears that bankruptcy was inevitable for GM and Chrysler - a fear that the Administration did little to calm. President Obama, in his speech announcing the deal on Monday, tried to put a good face on things, laying out measures to save the companies, soften the blow to autoworkers and encourage auto sales with guaranteed warranties and car-buying tax incentives. But, he said, "these efforts, as essential as they...

Author: /time Magazine | Title: Obama's Auto Odd Couple Tries to Save Detroit | 3/31/2009 | See Source »

...water,” sophomore Leah Schwartz said. “We had a lot of composure today. Having a lot of confidence and keeping our heads in our own boat put us across the finish line first.” Though the water on the lake was calm, the elements did not make it easy for the rowers. “The water was flat and there wasn’t too much in terms of current or waves,” Schwartz said. “There was a ton of rain. It started raining from the moment...

Author: By Robert T. Hamlin, CRIMSON STAFF WRITER | Title: Harvard Begins Spring Season with Commanding Pair of Wins | 3/29/2009 | See Source »

...know the problems with President Obama's media strategy. He's too somber. Also, he laughs too much. He needs to get out and communicate more. And he's doing too much TV. He's overly professorial. And too fluffy. He needs to be a calm, grownup voice. And he needs to share taxpayers' rage. But, you know - calm their rage...

Author: /time Magazine | Title: Obamathon: Is the President Overexposed? | 3/26/2009 | See Source »

...goals of big government in the midst of a crisis is to calm the masses. That was the thinking of leaders like Churchill and Roosevelt. It probably did not occur to them that inflaming the concerns of people who are worried about their jobs and keeping their homes is not a part of the solution to bringing a crisis to an end. (See pictures of Presidential First Dogs...

Author: /time Magazine | Title: AIG Reaction: Stupidity and the Alchemy of Chaos | 3/20/2009 | See Source »

...Ways and Means Committee chairman Charlie Rangel, Congress's top tax writer, told reporters that taxing the bonuses "is a venting type of thing. I would hope and assume we have alternatives to the tax codes ... When you get angry, you don't think as clearly as when you calm down." He added, "It is tough to me to think of the tax code as a political weapon." Rangel would be a huge obstacle to any such bill, no matter who originates it. Others say this type of legislation would raise the ugly face of nationalization and the specter...

Author: /time Magazine | Title: The AIG Bonuses: Getting Mad and Getting Even | 3/18/2009 | See Source »

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