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...bill passed, and Thursday's reception in the House shows he has a rough road ahead. The committee's ranking Republican Spencer Bachus of Alabama attacked the bill for a lack of transparency, saying he opposed plans to keep secret which banks were subject to the new powers sought by the Administration. A top committee Democrat, Paul Kanjorski of Pennsylvania, said he feared the bill's accumulation of executive-branch power. Regulators are also sniping. At Thursday's hearing in the House, Federal Deposit Insurance Corporation chair Sheila Bair said the Administration's plan didn't give enough power...

Author: /time Magazine | Title: Geithner Leads a Fresh Charge on Financial Reform | 10/30/2009 | See Source »

...Kramer [an executive?], whose predictable philosophy of appreciation of life receives almost all of the screen time not devoted to torture. Conveniently, his character provides an excuse for the flatness of those of his proteges, whose actions are motivated only by the fascism of Kramer’s master plan...

Author: By Mark A. VanMiddlesworth, CRIMSON STAFF WRITER | Title: Saw VI | 10/30/2009 | See Source »

...objection to the prince's plan is largely twofold: Paris Historique, which took the developers to court after the government signed off on the project, says the underground parking lot would threaten the stability of the now-dilapidated mansion. The prince's desire to restore the mansion to the way it looked in the 17th century has also upset Polish officials, who say this would require removing architectural details that were added when the Polish royal family owned the building from...

Author: /time Magazine | Title: Is France Doing Enough to Save Its Historic Buildings? | 10/29/2009 | See Source »

...daylight saving. As the years passed, more states acquiesced to the Federal Government's daylight saving schedule - which was created for energy-saving purposes, with the idea that an extra hour of daylight in the winter would cause people to use less oil. Arizona never adopted the new time plan on the grounds that it was too hot out to "spring forward" an hour in the summer. Daylight hours don't vary much in Hawaii, and the tropical state has never needed the time plan...

Author: /time Magazine | Title: How Do Countries Determine Their Time Zones? | 10/29/2009 | See Source »

...care system faces an uncertain future due to exploding costs, a rapidly aging population and a burdensome bureaucracy. About 90% of Germany's 82 million people are covered by the country's public health insurance companies, which are currently funded by contributions from employers and employees. Merkel's reform plan is expected to include a freeze on employer contributions - shifting the burden to individuals - and the creation of a government commission to study the possibility of moving from income-based contributions to a flat-rate health insurance charge. Union leaders say the unemployed and pensioners would suffer the most under...

Author: /time Magazine | Title: Tough Task Ahead for Germany's First Asian Minister: Health Care Reform | 10/29/2009 | See Source »

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