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...have more than tripled, to $742 billion. That's still far short of the $7.14 trillion in assets held by mutual funds, but the ETF growth rate is fast closing that gap, with new products covering every subsector of the markets, from bank stocks to silver to Vietnam's public companies. (See pictures of TIME's Wall Street covers...
...After cobbling together 60 Senators for health reform through endless delays and deals - which thanks to Brown would now require cooperation from at least one Republican along with a number of skittish or recalcitrant or opportunistic Democrats - the White House wants to take financial reform to the court of public opinion and pressure Congress to go along. Obama made it clear that when it came to health care he would sign just about any bill; with finance, he's putting down markers that he's perfectly willing to accept no bill (and a potentially explosive political issue) as opposed...
...does not simply apply to business. It lifts limits on all incorporated groups. Under the law that was struck down, Kennedy noted, "the following acts would all be felonies. The Sierra Club runs an ad, within the crucial phase of 60 days before the general election, that exhorts the public to disapprove of a Congressman who favors logging in national forests; the National Rifle Association publishes a book urging the public to vote for the challenger because the incumbent U. S. Senator supports a handgun ban; and the American Civil Liberties Union creates a website telling the public to vote...
...regardless of Thursday's ruling and the hyperbole of the Justices, more Americans have more access to more streams of political communication than ever before. Both the First Amendment and free public debate are alive and well...
...This year's reigning in of public dissent has also been linked to internal struggles between communist hardliners and reformers within the secretive Politburo, the inner circle of communist party leaders. Even though the next big political event - the national congress in which key officials will be elevated (and demoted) - isn't scheduled until 2011, analysts say the recent crackdown is part of a jockeying for power in the run up to the meeting...