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Dates: during 2000-2009
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...banks are getting healthier; 10 of them have returned the federal money. Why are they not lending at the level we had hoped...

Author: /time Magazine | Title: Geithner Q&A | 6/29/2009 | See Source »

There's just no way to square the cost of current recession-fighting efforts, future Medicare commitments and the various goals of the Obama Administration with the current level of taxation. Taxes are going to have to go up, and raising rates on just the very richest won't be enough. The only alternative is what some call the inflation tax--reducing the relative size of the country's debts by letting prices rise across the board. But that has its costs too. The free-lunch era is over...

Author: /time Magazine | Title: A Fun-Free Recovery | 6/29/2009 | See Source »

...against President Mahmoud Ahmadinejad began escalating and the Iranian government moved to suppress dissent, the Twitterverse exploded with tweets in both English and Farsi. While the front pages of Iranian newspapers were full of blank space where censors had whited out news stories, Twitter was delivering information from street level in real time: Woman says ppl knocking on her door 2 AM saying they were intelligence agents, took her daughter and we hear 1dead in shiraz, livefire used in other cities...

Author: /time Magazine | Title: The Moment | 6/29/2009 | See Source »

While the other three leaders Obama turns to are all members of his Faith Advisory Council, when he contacts them it is to talk not on a policy level but a personal one. Otis Moss Jr. is a retired Baptist pastor who once served with Martin Luther King Sr. at Ebeneezer Church. His son is the new pastor - following Jeremiah Wright - at Trinity in Chicago, but Moss is the model of a proper old-school preacher and is the father figure of Obama's group. His fellow council member, Joel Hunter, is a white evangelical and pastor of a Florida...

Author: /time Magazine | Title: The Obamas Find a Church Home — Away from Home | 6/29/2009 | See Source »

That the bill - also known as Waxman-Markey after its co-sponsors, the Democratic Congressmen Henry Waxman and Edward Markey - is historic is obvious, as it marks the first successful attempt by Congress to address climate change at a national level. But as the bill moves to the Senate, where the virtual requirement for 60 votes means that passage will be even more difficult, it's far less clear that Waxman-Markey is strong enough to meet the long-term threat of global warming. The sheer difficulty of the negotiations that produced this 1,300-page bill - and the fact...

Author: /time Magazine | Title: What the Energy Bill Really Means for CO2 Emissions | 6/27/2009 | See Source »

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