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...billion bank bailout fund, known as the Troubled Asset Relief Program, or TARP, and have argued against taking money from the modernization fund. Pelosi relented only after Friday's job report - the worst in 34 years, showing that the economy shed more than 533,000 jobs last month. But, having made this concession, Dems said they were unlikely to yield more ground. "This is a bad choice that we have to make. We should be able to use TARP money. The White House doesn't want to do that. So we have to use money that is designated...
While none of these Democratic moves would be a problem next month, when the Dems will enjoy a bigger majority in the Senate, right now the GOP still controls 49 Senate seats - and with Obama's seat vacant and Joe Biden and Hillary Clinton not voting, there is little Reid can do without GOP approval. Grim-faced and drawn, lawmakers Monday began parading across the Senate floor to give their views on the measure - the start of what will surely be a joyless run-up to one of the least popular votes of the year. See the 50 worst cars...
Author Malcolm Gladwell captivated a sold-out crowd in First Parish Church last night for over an hour with the story of a single plane crash. He opened by asking how many listeners would be flying in the next month. When most hands went up, he said, “Then this is scary. But the most important thing...about this plane crash is that it’s scary not because it’s unusual. It’s scary because it’s typical.” The crash is “typical?...
...Kansagra, the future owner of the store. “The plans are done, now it is matter of just building it,” said John P. DiGiovanni, president of Trinity Property Management, the firm that owns The Garage. According to DiGiovanni, the construction process generally takes a month or two to complete. “I always wanted to be in Harvard Square,” said Kansagra, who owns another Subway near the Medical School. “I think [Subway] is the right mix of the right price and healthy offerings for the crowd up there...
After a week of breathing fire on Pakistan for failing to crack down on the militant group Lashkar-e-Toiba (LeT), which India blames for orchestrating the lethal Mumbai attacks of last month, New Delhi reacted with caution to reports of a Pakistani raid that led to the arrest of an alleged Mumbai mastermind. Indian security analysts are concerned that the move may be a feint by Pakistan's all-powerful military to buy time. "If the reports are true, the raids show some movement forward," says defense expert C. Uday Bhaskar. "But given how the civilian and military establishments...