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...risky to hold the stocks." Kanno says people have lost a sense of what's fair value for financial assets, including stocks and other risky assets; they prefer time deposits, risk-free investments and cash. "Unless investors can have a positive outlook on corporate profits, there is no hope that stock prices will go up," Kanno says...

Author: /time Magazine | Title: Japan's Stock Market Waits on a US Recovery | 1/16/2009 | See Source »

...from the chesty, swaggering George W. Bush of bygone years to the resigned and pensive man in the East Room, who repeatedly acknowledged the large number of people who disagree with his views. "You may not agree with some tough decisions I have made," he said. "But I hope you can agree that I was willing to make the tough decisions...

Author: /time Magazine | Title: Bush's Closing Argument: Was Anybody Listening? | 1/16/2009 | See Source »

...sits there. I have it, I wish I could find the time to play. It was a pretty good escape, and I don't have the equivalent escape now. My hope is to get my daughter interested...

Author: /time Magazine | Title: Chuck Todd: The Goateed Guru of Politics | 1/16/2009 | See Source »

Obama's team has proposed increasing the federal share of Medicaid in exchange for assurances that states won't knock more families off their rolls. And his advisers hope to direct the aid where it's needed most - a tough sell in the Senate, where every state has equal power. But Obama should drive a hard bargain. He could provide more aid to states that promote energy efficiency through building codes and incentives for utilities. He could funnel aid directly to transit agencies and metropolitan governments, which tend to be more progressive than states. He could take Senate minority leader...

Author: /time Magazine | Title: How to Spend a Trillion Dollars | 1/15/2009 | See Source »

...Democrats will want to know: Would Holder press for the "reckoning" demanded by liberal advocacy groups, even if criminal investigations get in the way of Obama's hope for bipartisan comity? Or, as Republicans prefer, would he leave the past behind? And what about his willingness to stand up to his boss and friend? As the Judiciary Committee's ranking Republican, Arlen Specter, put it, "[Holder] has an outstanding academic and professional record ... But sometimes it is more important for the Attorney General to have the stature and the courage to say no instead...

Author: /time Magazine | Title: Senate Could Grill Holder from Both Sides | 1/15/2009 | See Source »

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