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...District, just east of Phoenix. Just the day before, Mitchell was being protested from the other side by about 100 pro-health care reform demonstrators who rallied in front of his district office with signs saying "Health Care Can't Wait" and "Public Option NOW!" "There is giant passion on both sides of the health issue and real angst about the economy," says Mitchell. A moderate Democrat who voted for the final House bill, he believes the current health care status quo is unsustainable...

Author: /time Magazine | Title: On Scene: With the Tea Party Patriots of Scottsdale | 1/31/2010 | See Source »

During his solo, O'Reilly took shots at the usual suspects - for example, boiling down a New Hampshire appearance by then presidential hopeful Hillary Clinton to a billowing, giant pantsuit. O'Reilly talked about the ACLU's filing for CIA documents under FOIA. ("You know, they basically want to tell the enemy about everything we do," he says.) Mere mention of the ACLU pumped up hecklers - a collective groan was spiced with a man calling out, "F___ them...

Author: /time Magazine | Title: Live on Tape with Glenn Beck and Bill O'Reilly! | 1/31/2010 | See Source »

...First President Obama proposed new taxes on big banks, blasting the "twisted logic" of Wall Street executives who keep awarding themselves giant bonuses while resisting government efforts to recoup the cost of their industry's bailouts. "Instead of sending a phalanx of lobbyists to fight this proposal or employing an army of lawyers and accountants to help evade the fee, I suggest you might want to consider simply meeting your responsibilities," the President warned...

Author: /time Magazine | Title: Can Bashing the Banks Help Obama? | 1/28/2010 | See Source »

...political aides were eager to adopt a more populist tone, urging Treasury to give them something they could use. The bank tax was already in the works, but after Volcker made his case at a White House meeting in October, the rest of the Administration started shifting his way. Giant firms like Goldman Sachs were raking in record profits, and financiers ranging from British central banker Mervyn King to former Citigroup chairman John Reed were endorsing the Volcker rule. (See the worst business deals...

Author: /time Magazine | Title: Can Bashing the Banks Help Obama? | 1/28/2010 | See Source »

...less than what it had originally promised. Those deals would have saved AIG about $1 billion. AIG later broke off those negotiations, and as with all of its other counterparties, paid UBS in full. BlackRock, in the report, said Goldman Sachs, French bank Calyon and German financial giant Deutsche Bank were also willing to strike deals...

Author: /time Magazine | Title: Could the U.S. Have Saved Billions on AIG Rescue? | 1/27/2010 | See Source »

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