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After six months of deliberation, a panel of 32 French lawmakers netted just enough votes to submit a report to Parliament recommending a ban on full-facial veils in certain public institutions. Originally a proposal had been made to pass a law prohibiting the coverings anywhere in public. But after...

Author: /time Magazine | Title: The World | 2/8/2010 | See Source »

The role of proprietary trading - when banks buy and sell investments for their own accounts rather than their clients - and other principal investments in the financial crisis is getting new scrutiny. On Thursday, Feb. 4, the Senate Banking Committee held its second hearing in a week on President Obama's...

Author: /time Magazine | Title: Is Proprietary Trading Too Wild for Wall Street? | 2/5/2010 | See Source »

It’s baffling because the cancellation of the Constellation moon program is tantamount to taking the nine billion dollars already spent on the program over six years and setting it on fire. It’s baffling because the decision will eliminate thousands of jobs—this...

Author: By Daniel A. Handlin | Title: Elegy for the Future | 2/5/2010 | See Source »

In Baltimore, the House Republicans seemed hurt that the President wasn't listening to their "new" ideas. Unfortunately, most of these have the sophistication of policy seminars run by high school Libertarian clubs. One of their leading intellectual lights, Representative Paul Ryan of Wisconsin, has offered a Medicare reform proposal...

Author: /time Magazine | Title: Obama Calls Out GOP, but Nobody's Home | 2/4/2010 | See Source »

This is quite sad. I've been a fan of a great many Republican policy initiatives in the past. I supported the Republican universal health care plan in 1993 (which Obama's current proposal resembles). I've supported lots of Republican urban-policy ideas, especially when it comes to education...

Author: /time Magazine | Title: Obama Calls Out GOP, but Nobody's Home | 2/4/2010 | See Source »

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