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...Position limits at some threshold might be a good idea, but they must apply to all institutions - especially those dealing with physical oil. And they cannot be too small, or else loopholes will become viable means to corner the market, for instance, by using subsidiaries...

Author: /time Magazine | Title: Why There Should Be More Oil Speculation, Not Less | 7/10/2009 | See Source »

...this particular case, there is substance behind the arrogance, and Sarkozy is right. If Israel is ever to have any conclusive peace agreement with its neighbors—or even ease the tension that exists within its own borders, among its own people—Leiberman must go. No questions asked...

Author: By James K. Mcauley | Title: Dear Israel, Listen to France | 7/10/2009 | See Source »

...might be presumptuous of France to tell another country how to run its internal affairs, but the truth is that more world governments—i.e., the ones to whom Israel will actually listen—must join Sarkozy’s call, before the effects of one man and his tenure dash the efforts of an entire nation...

Author: By James K. Mcauley | Title: Dear Israel, Listen to France | 7/10/2009 | See Source »

...Senate Budget Committee chairman Kent Conrad of North Dakota noted in an interview that passing health-care reform under the reconciliation rule poses as many problems as it solves for the Democrats and for health reform. Any bill that passes under the reconciliation process must be deemed by the Congressional Budget Office to pay for itself in the next six years. (By comparison, a bill that passes under regular procedures has an 11-year window.) As a result of that tighter fiscal constraint, Conrad said, any bill that passes under reconciliation would likely provide "dramatically less health reform...

Author: /time Magazine | Title: Can Democrats Pass Health-Care Reform on Their Own? | 7/9/2009 | See Source »

...Something else might have been eating at Palin too. Call it boredom or impatience: Juneau must seem awfully small compared with the national stage. A state representative from Anchorage, Democrat Mike Doogan, recalls the traditional opening of the legislature on a January day - the same day Obama was sworn in as President. Doogan was chosen to pay a ceremonial visit to the governor to announce that the session had begun. Dressed in his best suit, with a plastic iris in his lapel, he waited in Palin's office as she finished a meeting. "She wasn't particularly happy...

Author: /time Magazine | Title: The Outsider: Where Is Sarah Palin Going Next? | 7/9/2009 | See Source »

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