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...forced delay would certainly endure a First Amendment challenge. "In free-speech areas, government management of speech, even if it's commercial speech, should always be the last resort," says Billy Tauzin, a former Republican Congressman from Louisiana who now runs Pharmaceutical Research and Manufacturers of America, the industry's trade association. Banning tobacco ads is one thing - cigarettes can kill you. But these are prescription drugs we're talking about. They at least have the potential to save you, right? (See the top 10 video moments of campaign...

Author: /time Magazine | Title: Are Direct-to-Consumer Drug Ads Doomed? | 2/4/2009 | See Source »

...number of the biggest ones, were bound to fail. The shockingly poor lending standards - housekeepers being approved for million-dollar mortgages - have only hastened their demise. "This crisis needs to be understood as something that has developed over the past decade," says Joseph Mason, a finance professor at Louisiana State University's E.J. Ourso College of Business. "This isn't just one black swan. It's a bunch of black swans that have hung out for a while and created a giant problem." (Read George W. Bush's top 10 economic mistakes...

Author: /time Magazine | Title: Why Your Bank Is Broke | 1/31/2009 | See Source »

Former Harvard quarterback Andrew Hatch ’09-’11, who briefly started for football powerhouse Louisiana State University in 2008 after taking a leave of absence from the Crimson, has returned to Cambridge to pursue a Harvard degree, he said in a phone interview yesterday. Hatch, who left for LSU after his freshman season, could be a factor in the Crimson’s fortunes next year if he can secure athletic eligibility. The NCAA requires athletes to meet certain benchmarks for credit hours in order to play each season, and because Hatch is returning...

Author: By Jillian K. Kushner, CRIMSON STAFF WRITER | Title: Hatch Has Returned to Harvard | 1/30/2009 | See Source »

...renovation funds when New York City and Chicago have the worst bottlenecks. We shouldn't even think about new bridges in rural Alaska or rural anywhere when a quarter of our existing bridges are structurally deficient. Before Hurricane Katrina, the Army Corps of Engineers spent more money in Louisiana than in any other state - most of it on useless and destructive navigation projects with influential godfathers in Congress - but it never completed those levees around New Orleans. Now the stimulus could include forward-looking efforts to help rebuild the city's natural and man-made defenses - or more...

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

...Deal-style government spending on needed goods and services, often with modern twists. That means smart meters and weatherization programs to prevent wasting energy; transmission lines and solar panels to promote alternative energy; green school buildings and sewage-treatment plants; wetlands restoration in the Everglades and coastal Louisiana; repairs for aging dams, bridges and airports - plus broadband networks, research, job training and, as Obama has suggested, anything else that seems like a good idea. This is an ideal time for the government to spend money on infrastructure, because labor and equipment are cheap. And improving our shameful infrastructure will improve...

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

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