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...fundamental shift in human behavior - people living more within their means - and I think that's going to be a permanent shift," says Faucher. "The go-go attitude of borrowing against your house to buy a big-screen TV is largely going to be a thing of the past...

Author: /time Magazine | Title: A Hopeful Economic Sign: February Retail Sales Jump | 3/12/2010 | See Source »

...public option on health care to supporting one and from voting for the Defense of Marriage Act in 1996 to urging for its repeal. Specter has also reversed himself to support the controversial idea of pushing health care legislation through with "reconciliation," a parliamentary process that would get it past a filibuster. "That kind of cynical political opportunism turns people off. It's what people think is wrong with Washington," says Toomey. "Not everyone is going to agree with every one of my positions and policies. But people know that I believe in what I say and that I will...

Author: /time Magazine | Title: The Pennsylvania Senate Race: Specter Under Fire | 3/11/2010 | See Source »

...criticized for sitting down, rather than standing, for a photo with rescue workers three days after the 9/11 terrorist attacks. Bush, who had just arrived at ground zero, is standing for photos, and it simply doesn't occur to Rove that Clinton had already spent most of the past several days there, working desperately for her constituents. Rove is not always so unfair; he manages to demolish more than a few of the sillier attacks against him and the President. But this book is primarily an act of vengeance - and, in that sense, unintentionally revealing about the nature...

Author: /time Magazine | Title: Karl Rove's Memoir: Act of Vengeance | 3/11/2010 | See Source »

...Hong Kong's mini-constitution under China promises eventual democracy for the SAR, but little progress has been made over the past decade, despite mounting pressure from a loose coalition of pro-democratic parties known as the pan-democrats. In November, the Hong Kong government unveiled a package of electoral reforms it pledged would "roll forward democracy." The proposal called for 10 new seats in the 60-seat legislature, divided equally between the elected and the selected seats, and for an extra 400 people to be added to the 800-member committee that nominates and elects the Chief Executive...

Author: /time Magazine | Title: Is Hong Kong Getting Any Closer to Real Democracy? | 3/11/2010 | See Source »

Greece's unions, which had waged only halfhearted protests against the first round of austerity measures, immediately declared war. Over the past week, scattered protests involving tax officials, pensioners, garbage collectors and others have disrupted life in the city. Thursday's strike was the second called by Greece's main unions - representing about half the country's 5 million workers - in less than a week. Flights were halted when air-traffic controllers walked off the job, schools and government offices were shuttered, and public transport was disrupted. (See why Greece's debt crisis threatens the euro...

Author: /time Magazine | Title: Greek Austerity Measures Spark Rising Protests | 3/11/2010 | See Source »

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