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...reaction to the bonus issue is that Congress is in the midst of passing a bill to tax the payouts at a 90% rate, punishing people for taking money that they appeared to be entitled to and doing nothing to the management that agreed to the deals in the first place. The tax will not be the end of the blow-up. Indignation makes good theater for politicians and makes some of their more naive constituents think that their elected officials are looking after their best interests...

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

Later this spring, Congress will dive once more into the war over sex education when it decides whether to eliminate $176 million in federal funding for so-called abstinence-only programs, which instruct kids to delay sex until marriage. Advocates will debate at top volume the merits of abstinence-only efforts vs. more comprehensive programs that also teach about birth control and sexually transmitted infections (STIs...

Author: /time Magazine | Title: How to Bring An End to the War Over Sex Ed | 3/19/2009 | See Source »

Lewis said that, as temporary leaders, Bok and interim Dean of the Faculty Jeremy R. Knowles were unwilling to substantially shape the discussions. “This curriculum happened through a democratic process, but it’s the kind of democracy you’d have in Congress if neither the President nor the party leadership was around,” Lewis said. The Faculty revised the legislation line by line during meetings...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Kicking the Core to the Curb | 3/19/2009 | See Source »

...Members of Congress from across the political spectrum - from Senators Orrin Hatch and Mike Enzi and Representative Howard (Buck) McKeon to Senators Ted Kennedy and Barbara Mikulski and Representative George Miller - have pledged their support for this legislation. I urge Congress to follow their lead and move quickly to pass it so that I can sign it into law. And I pledge that my Administration will also do its part to help more Americans serve their communities. At this time of economic crisis, when so many people are in need of help, this work could not be more urgent...

Author: /time Magazine | Title: A New Era of Service Across America | 3/19/2009 | See Source »

...this spirit, Congress is now poised to send me bipartisan legislation - the Serve America and GIVE Acts - that, if passed, will usher in a new era of service in this new century...

Author: /time Magazine | Title: A New Era of Service Across America | 3/19/2009 | See Source »

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