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Still, there are some major differences between the FCIC and the 9/11 commission. The FCIC does not have to deal with a President and an Administration that was in power when the event happened, though the Obama team will probably try to deter any criticism of how the current President...

Author: /time Magazine | Title: Hearings to Begin on Causes of Financial Crisis | 1/11/2010 | See Source »

Another big difference between the 9/11 commission and the FCIC is the transparency of the process. The 9/11 commission, because it involved national security, held many of its hearings in private and then at the end produced a massive report. The FCIC says it will hold most of its hearings...

Author: /time Magazine | Title: Hearings to Begin on Causes of Financial Crisis | 1/11/2010 | See Source »

Aides say the governor does not want his legacy to include a dismantling of the world's most acclaimed public-university system. Students and faculty, enraged at dramatic tuition increases and crowded classes, are near revolt, and the governor knows anger toward the UC regents and University of California President...

Author: /time Magazine | Title: California Deficit: Arnold Has to Make 'Sophie's Choice' | 1/9/2010 | See Source »

Although Schwarzenegger insists he will not raise taxes, in his speech, he requested $6.9 billion in aid from Washington. This would not be a bailout, he said, but a demand for fairness. "When President Clinton was in office, California got back 94 cents on the dollar from the Federal Government...

Author: /time Magazine | Title: California Deficit: Arnold Has to Make 'Sophie's Choice' | 1/9/2010 | See Source »

Non-Muslim Malaysians worry that the vehement opposition to the Allah ruling reflects a growing Islamization in a multireligious society. Last October a Shari'a court sentenced a Muslim woman who drank beer to be caned in public; in another incident, in November, Muslims enraged over the construction of a...

Author: /time Magazine | Title: Can Christians Say 'Allah'? In Malaysia, Muslims Say No | 1/8/2010 | See Source »

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