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...have banks stress-testing all the time, so there is a cost-benefit analysis to be done," says Martin Bailey, who was a chairman of the Council of Economic Advisers under President Clinton and is a senior fellow at the Brookings Institution. "But if you can make the tests efficient, then I think they should become a part of the arsenal of regulation, particularly of the larger financial institutions...

Author: /time Magazine | Title: Is It Time to Plan Another Round of Stress Tests? | 5/18/2009 | See Source »

...Within two days, death threats forced Gonzalez to go into hiding. Websites went up with his personal details—e-mail accounts, telephone numbers, his home address. Even Paul Begala, the supposedly liberal former advisor to U.S. President Bill Clinton, urged CNN viewers to send letters critical of Gonzalez to The Daily Collegian, the student newspaper that had published the essay. Instead of defending one of his students from terrorist threats, university president Jack Wilson called Gonzalez’s essay “a disgusting, arrogant and intellectually immature attack on a human being who died in service...

Author: By Jonathan D. Farley | Title: Anti-War Hero | 5/17/2009 | See Source »

...word, politics. The funding ban was introduced by conservative Senator Jesse Helms, and Democrats - wary of being cast as soft on drugs - have been reluctant to reverse it ever since. In 1998, President Clinton said he intended to lift the ban, under a provision in place at the time that allowed the President to do so if the science proved convincing. Although the Clinton Administration admitted the evidence was there, at the last minute, drug czar Barry McCaffrey managed to convince the President that "sending the right message" on drugs was more important - a move that Clinton later said...

Author: /time Magazine | Title: Why Obama Isn't Funding Needle-Exchange Programs | 5/16/2009 | See Source »

...When candidate Hillary Clinton was asked during the last presidential campaign whether she would lift the ban, she, too, punted, conceding that the choice was political. Pressed at a campaign stop in July 2007, she said she would have "as much spine as we possibly can" on AIDS funding and needle exchange...

Author: /time Magazine | Title: Why Obama Isn't Funding Needle-Exchange Programs | 5/16/2009 | See Source »

...analyst whose case was cited in winning Saberi's release, was surprised by the ruling. (He spent two years in prison before being acquitted.) Said he: "These are all just political games." Without the international pressure, as well as appeals by both President Obama and Secretary of State Hillary Clinton, many suspect, Saberi could still be sitting in prison, like others charged with similar crimes, whose cases have not received similar international attention. Among them is Silva Harotonian, an Iranian-Armenian humanitarian aide worker charged with "plotting a soft revolution...

Author: /time Magazine | Title: Roxana Saberi: Out of Iranian Prison, Into a Soap Opera | 5/11/2009 | See Source »

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