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...this the essential paradox of the age of Obama, that we have to destroy the village in order to save it, bust the budget in hopes we'll someday balance it, play to self-interest to promote the national interest? Just as the Cash for Clunkers frenzy reached its peak, the Administration quietly released new deficit projections, which pointed to a $9 trillion gap over 10 years. In the middle of a national nervous breakdown over out-of-control spending, we took a summer break from puritanical fretting and got all excited about a federal subsidy for something we already...
After Democratic financier Hassan Nemazee was accused of forging loan documents in order to borrow $74 million from Citibank, he wired the money back. A nice try, but not one that would stave off his arrest. Authorities arrested Nemazee on Aug. 25, shortly before he left on a European vacation. He was charged with bank fraud, released on a $25 million bond and placed under house arrest in his New York City apartment. Nemazee, who raised money for both Hillary Clinton and Barack Obama in the 2008 election, faces a prison sentence of up to 30 years...
...would raise taxes on the middle class. When Baucus' panel came up $320 billion short of paying for its proposed reforms, Kerry suggested taxing insurers that offer high-end plans - those worth more than $9,000 a year for individuals or $25,000 a year for families - in order to raise $145 billion. It was an idea that he and then New Jersey Senator Bill Bradley, among others, had pioneered in 1994. When Kerry dusted it off this summer, unions balked, since many of their plans are worth as much as $25,000 a year. He convened some...
Other enlightened souls are shown beside the Buddha. Among the gallery's most glorious artifacts are depictions of bodhisattvas - those who deliberately postpone their passage to nirvana, Buddhists believe, in order to help others along the eightfold path. In the 14th century, metalworkers from Nepal's Kathmandu Valley crafted the Bodhisattva Avalokiteshvara, a manifestation of the Buddhist lord of compassion, in gilded copper and precious-stone inlay. An androgynous-looking deity with wide hips and sensuous form (in Chinese tradition, Avalokiteshvara or Guan Yin is female, in others male), Avalokiteshvara's serene face projects the harmony to which all Buddhists...
Wood wanted more data, so she conducted the experiment again, with a few changes. This time, she reversed the order: she asked how much change 222 undergraduates at two universities were undergoing before asking them to choose between familiar and unfamiliar products - a much longer list this time, including "your regular brand" of deodorant vs. "a new one that looks interesting" at the same price, a free download from a band you know vs. one from a recommended band you don't and orange juice vs. "mandarin guava juice...