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...Moreover, Obama has shown flexibility regarding his desire for a public option and seemed ready to welcome new and constructive ideas. We urge Democrats to explore and consider all serious proposals that may arise, regardless of the inclusion of a public option. One such proposal, favored by North Dakota Senator Kent Conrad, a Democrat, is to set up “co-ops” or non-governmental, consumer-owned entities to compete with private insurers rather than a government-administered insurance provider. Others, such as Maine Senator Olympia Snowe, a Republican, suggest implementing a “trigger option...

Author: By The Crimson Staff | Title: Obamacare | 9/13/2009 | See Source »

...site defines midcareer as having a minimum of 10 years' experience.) Not far behind are the alumni of Massachusetts Institute of Technology, Harvard University and Harvey Mudd College (a small school with a big engineering program). On the other end of the 600-school spectrum: South Dakota's Black Hills State University, whose midcareer graduates reportedly earn $42,000 a year...

Author: /time Magazine | Title: Ranking Your Alma Mater on How Much You Make | 8/17/2009 | See Source »

...blame for our recent troubles on a lack of interest-rate caps - that is, on the absence of strict usury laws. Why? Almost every state had usury laws in the 1920s, and they were circumvented one by one. Prohibitions against excessive interest started to disappear [South Dakota, for instance, loosened its laws in 1980], and once they did, the credit-card companies recognized a wonderful opportunity. They could charge as much as the market would bear, claiming that they had to charge more for bad credit risks. You can argue that's the democratization of credit...

Author: /time Magazine | Title: How Americans Got into a Credit-Card Mess | 8/8/2009 | See Source »

...tide of tattoos, leather and thousands of thundering Harleys will surge into South Dakota this week for the Sturgis Motorcycle Rally, one of the largest biker gatherings in the world. The small town's population will grow more than sixtyfold as crowds of iron-horse lovers take in a week of open roads, flowing booze and hard living. The rally attracts more than its share of weekend warriors eager for a brief interlude of escapist revelry. But for thousands of members of the Hells Angels, the nation's most notorious motorcycle gang, it's not vacation...

Author: /time Magazine | Title: The Hells Angels | 8/3/2009 | See Source »

...Senate Finance Committee - the last Senate committee dealing with health-care reform, and the one long expected to generate some bipartisan support - to produce some tangible cost-cutting. The negotiators - three Democrats (Senate Finance Committee Chairman Max Baucus of Montana, Senate Budget Committee Chairman Kent Conrad of North Dakota and Senate Energy Committee Chairman Jeff Bingaman of New Mexico) and three Republicans (top Finance Republican Chuck Grassley of Iowa, top HELP Republican Mike Enzi of Wyoming and Olympia Snowe of Maine) - are weeks behind schedule and are rushing to finish a bill before recess. But even if they're successful...

Author: /time Magazine | Title: The Five Biggest Hurdles to Health-Care Reform | 7/27/2009 | See Source »

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