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...larger truth. With power distributed between three branches of government, and between Washington and the states, the U.S. has a distinctly fragmented political system, one that has many pressure points available for those with an ax to grind or a proposal to advance. (Think health-care reform.) By comparison with other democracies, that can make for a messy system of government, in which you can never be quite sure how things will get done, or what players hold strong hands. Moreover, because the U.S. is so powerful, its national system of government is to an extent a world government...

Author: /time Magazine | Title: Ted Kennedy: An American Legislator | 9/14/2009 | See Source »

...bother with the tax? The logic for Europe is simple. The E.U. has pledged to slash greenhouse gas pollution by a fifth of 1990 levels by 2020. But the bloc's Emission Trading Scheme only covers around 40% of its emissions. The U.S. plan, by comparison, will cover roughly double that portion, says Simon Tilford, chief economist at the Centre for European Reform in London. (Unlike the U.S., Europe, didn't include the petroleum sector in its own scheme, preferring to more heavily tax the industry instead.) Extending the "fiendishly complicated" system, as Tilford calls it, would be enormously difficult...

Author: /time Magazine | Title: France Considers a Tax on Carbon Emissions | 9/12/2009 | See Source »

...bunch of third graders, Obama spoke candidly about the public option, tort reform, and acrimony in Washington. He hit all the right notes when speaking about the proper role of government in America, dropping his Post Office versus FedEx analogy to justify the public option in favor of a comparison that likens the public option to public universities...

Author: By Clay A. Dumas | Title: So You Think You Can Shout | 9/11/2009 | See Source »

...markets, including Arizona, Cincinnati, Detroit, Jacksonville, Minnesota and San Diego, are in danger of having their local telecasts blacked out. A Jacksonville Jaguars official says it's "very possible" that none of the team's eight home games will be broadcast in the hard-hit region (by comparison, only nine of the NFL's 256 regular-season games last year were blacked out). "My worry is that if the NFL doesn't look at changing the rule, we're losing a fan base," says Richard Clark, president of the Jacksonville City Council. "I would like to think they would really...

Author: /time Magazine | Title: With Fewer Sellouts, NFL's Blackout Rule Under Fire | 9/10/2009 | See Source »

...index fell roughly 28 percent during the period addressed by Mendillo’s letter, while peer investment groups as measured by the Trust Universe Comparison Service saw a softer median loss of 18.2 percent...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Endowment, Largest in Higher Education, Plummets by 27% | 9/10/2009 | See Source »

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