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...plan to close off Europe to managers or funds outside the E.U. that aren't subjected to equivalent regulation - a provision that would kick in three years after the rest of the legislation, giving jurisdictions and managers time to adapt - promises the most significant change. The E.U.'s approach is understandable. If you want to protect European investors, it's no good regulating domestic fund managers if those selling to investors from outside the region aren't obliged to respect similar rules. But while U.S. efforts are underway to bolster the policing of hedge funds - and the meaning of equivalent...

Author: /time Magazine | Title: Should Hedge Funds Face Harsher Regulation? | 7/8/2009 | See Source »

What do you think is particularly wrong with what Obama is doing now? President Obama is growing government outrageously, and it's immoral and it's uneconomic, his plan that he tries to sell America. His plan to "put America on the right track" economically, incurring the debt that our nation is incurring, trillions of dollars that we're passing on to our kids, expecting them to pay off for us, is immoral and doesn't even make economic sense. So his growth of government agenda needs to be ratcheted back, and it's going to take good people...

Author: /time Magazine | Title: TIME's Interview with Sarah Palin: 'It's All for Alaska' | 7/8/2009 | See Source »

...platform issues now are universal health care and your favorite issue, energy, his global-warming plan. What do you think of his positions on both? His cap-and-trade agenda is a cap-and-tax agenda, and it's going to drive the cost of consumer goods and the cost of energy so extremely high that our nation is going to start exporting even more jobs to China and to other countries that do not have the corporate tax or the equivalent of the corporate tax that the cap-and-trade - I call it cap-and-tax - agenda is going...

Author: /time Magazine | Title: TIME's Interview with Sarah Palin: 'It's All for Alaska' | 7/8/2009 | See Source »

Ultimately, the Princeton plan would still require rich, developed nations like the U.S. to make the sharpest emissions cuts, largely because they have the most well-off people and the biggest individual carbon emitters. And the study doesn't take into account the carbon that is embedded in imports and exports in global trade. But big developing nations like China - with its rising middle class - won't be let off the hook either. "We think this represents a nice path for distributing the share of the work of cutting emissions between countries," says Chakravarty. The Copenhagen negotiations will be hard...

Author: /time Magazine | Title: Study: A Fairer Way to Cut Global CO2 Emissions | 7/7/2009 | See Source »

...course, by 11 a.m. on Monday, Italian newspaper Corriere della Sera had run a story on the alternate plan in the works: If the quakes become too angry, the heads of state will just meet in Rome (Wow, original idea! I’m really glad after two weeks someone finally came up with that). However, it’s 24 hours before the summit starts and the plan remains the same: Everyone get in your helicopter and get your very important tush up to an irritable fault line...

Author: By Sofia E. Groopman | Title: Berlusconi’s Hubris | 7/7/2009 | See Source »

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