Word: cutting
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...there's one thing this country needs - other than a cosmic bailout - it's a decent Obama impersonator. Saturday Night Live's Fred Armisen, a 42-year-old comedian of white and Asian heritage, just doesn't cut it, at least according to the President-elect, who said of Armisen during the presidential campaign, "Compared to Tina Fey and what she's doing with Governor Palin, my imitator isn't doing as great...
...feed liquidity into corporate credit unions faced with mounting losses on securities tied to home loans and other lending. Corporate credit unions act as banks to retail credit unions, which are the institutions consumers interact with. In addition, the plan provides $2 billion for retail credit unions to cut interest rates on mortgages held by homeowners struggling to make payments. All of the funding is structured as loans and is due to be paid back. (See TIME's top 10 financial-crisis buzzwords...
...face its moment of truth at a summit in Brussels tomorrow, when French President Nicolas Sarkozy will attempt to cajole his fellow leaders into agreeing on an ambitious package of emission-cutting measures. The so-called 20-20-20 plan aims to reduce 20% of greenhouse gases by 2020, compared with 1990 levels, raise renewable energy's share of the market to 20% and cut overall energy consumption by 20%. (Read TIME's Heroes of the Environment...
...Gist:Alec Greven, author of the new dating guide How to Talk to Girls, has a lot going for him. He's clean-cut, confident and a published author. He is also 9 years old. And although his relationship advice is nothing new - girls like gifts and attention from boys; they get mad when they discover a boy has been trying to date multiple people at once - its simplicity is remarkably accurate. So much for dating websites and call-in shows: the real answers can be found in what began as a $3 pamphlet handed out at his Colorado elementary...
President-elect Barack Obama has chosen retired General Eric Shinseki, who voiced the first, lone dissent of the Bush Administration's cut-rate plan for the Iraq war, to head the Department of Veterans Affairs (VA). The move shows Obama's deep concern for the needs of wounded veterans. More poignantly, it marks a comeback for an Army officer who was spurned by his superiors, then Defense Secretary Donald Rumsfeld and his deputy, Paul Wolfowitz, for warning that the war's post-invasion phase would require many more troops than the Pentagon believed...