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...self-serving. The European reservations mirror those of many members of Congress and a number of economists. Although the same analysis will be rehashed in London, the question is whether the financial world has changed enough during the two months since the G-20 gathering was planned for the major premises of the either side of the debate to have been altered. (See TIME's special package on The G-20 summit...
...issue of the expense of regulation is no issue at all. The real problems are much different. Does regulating an international bank make it more or less likely for the institution to lend to the people and industries that a government believes should have access to more capital? Since major financial firms operate in dozens of countries, there is no uniform set of answers to that question. The same holds true for leverage. Does a hedge fund create jobs and financial credit opportunities by helping to improve market liquidity though investments with complex insurance instruments like credit default swaps...
...Once operational, the trains will facilitate long-distance commuting, putting urban jobs in reach of exurban and small-town workers. Faster travel will encourage companies to relocate further outside of major cities, where real estate is cheaper and tax incentives are more forthcoming. This would be especially useful for revitalizing regions that are hemorrhaging manufacturing jobs, like the Upper Midwest and upstate New York. Funding for rail projects should be considered an investment in America’s long-term economic robustness...
...Jersey, Washington, D.C. and St. Louis. A Philadelphia franchise will start next season). "When we made plans to start this league, we didn't think the economy was going to be in the state that it's in. So you roll with it." (Read a Q&A with Major League Soccer Commissioner Don Garber...
...will blast their 140-character-or-less observations over the web. Antonucci isn't sure if the league's coaches will sanction player "tweets" during every game. "The question is how far do you push the medium without disrupting the integrity of the game," she says. "We're a major league. We don't want to become a sideshow." (See the top 10 female sports heroes...