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Dates: during 2000-2009
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...anywhere, is schadenfreude, a sense of glee at America's misfortune. Things are too serious for that. But there is a palpable sense that the financial crisis, and Washington's stumbling reaction to it, represents a defining moment. The days when the U.S. could lecture other nations on the correct way to run their affairs are gone. The British philosopher John Gray put the case at its starkest in the Observer: "The era of American global leadership, reaching back to the Second World War," Gray wrote, "is over...

Author: /time Magazine | Title: American Leadership, a Casualty of the Meltdown | 10/1/2008 | See Source »

...surprising divergence from President Bush’s sentiments, Senator John McCain proclaimed, “Never before in the history of our nation has so much power and money been concentrated in the hands of one person.” In a way, President Bush is correct when he puts the burden on Congress to act. But, it should act on the American people’s interest and not Paulson’s. To Congress’s credit, it proposed some limitations on Paulson’s power in the plan. That said, these modifications were...

Author: By Nafees A. Syed | Title: Hank Paulson: CEO of America | 9/29/2008 | See Source »

...just want to say, you’re so enlightened, and stuff, like, I mean, wow, smart, and you’re modeled after Mr. Burns from the Simpsons, or the other way around, well, either way, you know what I’m talking about, right??). Mikey, correct me if I’m wrong, but it works from the inside-out: my friends, my family, and then my community at large.The weekend all started with a pick-up game with my best friends, in the mud and cold of a cool Friday September night. It continued with...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: WALLY WORLD: Backyard Football Cures All That Ails | 9/29/2008 | See Source »

...State, County and Municipal Employees Council 13, which represents 2,500 system employees, and the Association of Pennsylvania State College and University Faculties (APSCUF) plan to file an unfair labor practice suit, arguing that to prohibit smoking without negotiations first violates employee contracts. "The system, no matter how politically correct the idea of a smoking ban is, should have negotiated the policy with the union," says APSCUF president Steve Hicks, adding, "[It] was insensitive to not recognize the impact on their largest constituent group - the students." PASSHE's Marshall counters that this claim is moot due to the new statewide...

Author: /time Magazine | Title: No Smoking on Campus? Pennsylvania Smokers Fume | 9/29/2008 | See Source »

...plenty who are happy to have someone who knows that market as well as you do in the center the storm. One further along this line, though, you did also place Jim Johnson on the board of Goldman Sachs and made him chairman of your compensation committee. Is that correct...

Author: /time Magazine | Title: Q&A: Secretary of Treasury Henry Paulson | 9/24/2008 | See Source »

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