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...None of the restrictions the President is proposing will stop the Wall Street pay wagon, and a number of folks argue that they shouldn't. An Administration source admitted as much, sort of: "We have to, in governing, be tough in protecting the public trust, making sure money is not inappropriately used. But to do measures that would make it impossible for one of these companies to actually have the talent pool and function to survive, and pay the government back, would be self-defeating in any responsible policy." (See pictures of TIME's Wall Street covers...
...None of the current visiting faculty will be affected by the decision, he said...
...sentiment was too little too late: Both developments unfolded in the midst of controversy surrounding recently confirmed treasury secretary Timothy Geithner, who was found to have delayed payment on $34,000 worth of income taxes. All things considered, the tax mishaps may have been honest mistakes, and none of the cases seem particularly egregious. However, at such high levels of government, even the smallest skeletons in the closet make national headlines. In the midst of two wars, a struggling economy, and a fledgling administration, the last thing Americans need is a reason to distrust their leaders. When those...
...Kennedy apparently has no better grasp of law than he does of fact. He claims: “Violent resistance to the military occupation is fully legal under international law.” He does not cite any such law, because there is none that privileges violence when nonviolent options are available. (Perhaps he has in mind the first Protocol Additional to the Geneva Convention, which Palestinian terror groups routinely violate anyway...
...none of this is to mention that it was a serious mistake to send Warren to Algeria, a country that elected an extremist Islamic government and has absolutely no tolerance for rape. By the way, the fact that Warren, who had converted to Islam and is said to speak Arabic fluently, reportedly went to a mosque in Algeria to look for sources was an amateurish ploy that could only have drawn suspicion on him. Since the Justice Department began looking into the allegations late last year, Warren has been called back to Washington, according to ABC News, which broke...