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...still optimistic about a consensus bill. He hinted that when he unveils his draft on Monday, it will reflect the compromises he's already made with Corker. But common sense, as well as leaks from their talks, suggest that those compromises - stripping the consumer agency of enforcement power, exempting payday lenders from new regulations, blocking any state regulations that are stricter than federal ones - would remove teeth from the bill. And perversely, that would make consensus - which is pretty unlikely anyway - just about impossible...

Author: /time Magazine | Title: Why the Dems Need to Hang Tough on Financial Reform | 3/13/2010 | See Source »

...course, a tough bill would face long odds. The money and power of the financial industry would be arrayed against it. There would be so many arcane moving parts - How much authority for the Fed? Should end users be exempt from derivatives regulation? Should something be done about naked credit default swaps? - that reaching consensus by August would be challenging even if everyone wanted it. And it's not clear that anyone is desperate to have it; there probably won't be another meltdown this year, and Democratic leaders may be content to let Republicans block reform so they...

Author: /time Magazine | Title: Why the Dems Need to Hang Tough on Financial Reform | 3/13/2010 | See Source »

...Rudd seemed pleased with the course of the dialogue, but Yudhoyono warned there were still issues the neighbors needed to iron out. "There are Australians who still see Indonesia as an authoritarian country or a military dictatorship or as a hotbed of Islamic extremism, or even as an expansionist power," the Indonesian president said in his address. In a latter speech, he tersely criticized Australia's enduring travel warning to Indonesia: "We only know that Indonesia is now one of the top 10 tourist destinations for Australia, in spite of your government's advice against traveling to Indonesia." (See "Asylum...

Author: /time Magazine | Title: Australia and Indonesia Find It Hard to Make Up | 3/13/2010 | See Source »

...Mariam's government, which was fighting an insurgency at the time, restricted NGOs from helping famine victims in certain areas and forcibly moved hundreds of thousands of people from one place to another in a repeat of Soviet-era collectivization campaigns, exacerbating their plight. The rebels, who came to power years later, are partly responsible for people's suffering, too. A CIA report cited by the BBC found that money raised by the insurgents, ostensibly to help the starving, was "almost certainly" diverted for military purposes...

Author: /time Magazine | Title: When Humanitarian Aid Winds Up in the Wrong Hands | 3/13/2010 | See Source »

Also key for the Crimson has been its emerging power-play and penalty-kill capabilities. Like its offensive balance, Harvard’s man-down defense and disciplined play throughout games have continued to improve throughout the season...

Author: By Christina C. Mcclintock, CRIMSON STAFF WRITER | Title: Frozen Four Berth at Stake Against Rival | 3/12/2010 | See Source »

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