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...need more - not fewer - oil traders. After a roller-coaster ride that has sent oil prices from a record high of $147 per bbl. last July to below $35 in December and back to around $60, there has been a clamor to clamp down on speculators - those investors who trade oil but don't ultimately supply it or use it (the way airlines do, for instance). The economic disruption caused by oil's volatility has been so vexing that the Obama Administration believes it can stabilize prices by regulating speculators out of the market...

Author: /time Magazine | Title: Why There Should Be More Oil Speculation, Not Less | 7/10/2009 | See Source »

...That clamor will be especially loud if reports are true that Honduran soldiers also rounded up the ambassadors of Venezuela, Nicaragua, Cuba and other leftist Latin governments, drove them to an air-force base and roughed them up before apparently releasing them. It would be a haunting reminder of the kind of benighted behavior that marked military takeovers in Latin America in the 19th and 20th centuries - putsches that were too often aided by Washington - until democratic government became the norm after the Cold War. And it would all but nullify any justification that Honduras' epauletted brass - as well...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

...last time this country undertook a serious debate over health-care reform, back when Hillary Clinton put together her proposal in 1993, the Republican strategy could have been summed up in three words: Just say no. This time around, however, the clamor for fundamental change of a system that covers too few and costs too much has grown to the point where the minority party knows that simple obstructionism is a dangerous route to take. "The status quo is no longer acceptable," political strategist Frank Luntz wrote in a confidential memo to congressional Republicans earlier this month. "The overwhelming majority...

Author: /time Magazine | Title: The Republicans Weigh In with a Health-Care Plan | 5/21/2009 | See Source »

None the less, this Obama appointment, a 6-month old Portuguese Water Dog, has at least escaped the tax troubles that have dogged torpedoed previous high-level appointments. That being said, the latest addition to the Obama team has not escaped controversy--those with nothing better to do critics clamor that the choice of a purebred dog exemplifies the shallowness of Obama's claim to bring "change...

Author: By Elias J. Groll | Title: Yay! OMG! Puppies! | 4/15/2009 | See Source »

...with different experience, and as far as possible social condition.” By 1931, all seven Houses had been built, funded—at a total cost of about $13 million—entirely by Harkness. In 2008 dollars, this would amount to over $155 million. The clamor of moving beds and bureaus signaled that this “national and democratic” microcosm Lowell and Harkness had envisioned was complete...

Author: By Noah M. Silver | Title: A Modern Mr. Harkness | 3/3/2009 | See Source »

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