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...Though Raffarin agrees with lower taxes in principle, he's been joined by two other former conservative leaders - and most of the 37,000-plus mayors of France - in ridiculing the idea of eliminating one of the main sources of income for regional and local governments before a more general reform of those bodies. Sarkozy risks a similar insurgency over a justice-reform bill which will eliminate the position of independent investigating magistrate and place power in the hands of politically appointed state prosecutors. Read: "Reburying Albert Camus: A Political Ploy by Sarkozy...

Author: /time Magazine | Title: Nicolas Sarkozy: A French Paradox | 12/14/2009 | See Source »

...surprise shake-up, General Motors CEO Fritz Henderson was ousted by the company's board after just eight months on the job. The troubled auto giant--now 60% owned by the U.S. government--has shown modest signs of economic improvement, but Henderson, a company veteran, clashed with directors seeking quicker change. Chairman Ed Whitacre, a former head of AT&T, will take over as interim...

Author: /time Magazine | Title: The World | 12/14/2009 | See Source »

ROLF HEUER, director general of the European Organization for Nuclear Research, on refraining from celebrating after the Large Hadron Collider broke the record for proton acceleration on Nov. 30, sending the particles hurtling at an energy of 1.18 trillion electron volts...

Author: /time Magazine | Title: Verbatim | 12/14/2009 | See Source »

...GENERAL STANLEY MCCHRYSTAL, on President Obama's plan to send 30,000 more troops to Afghanistan

Author: /time Magazine | Title: The Moment | 12/14/2009 | See Source »

...first budget to Congress. But "at this particular moment, government must lead the way." A partial Obama to-do list, only some of it done, includes a remake of the health care and energy sectors; a $787 billion stimulus bill aimed, so far, mostly at public employment; takeovers of General Motors and Chrysler; a "pay czar" to cut salaries at bailed-out banks and a proposed new consumer-protection agency to police the nation's lenders...

Author: /time Magazine | Title: Will Fear of Big Government End Obama's Audacity? | 12/14/2009 | See Source »

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