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...played this style of politics better than Democrats. Winning elections by making government look foolish is a more natural strategy for the antigovernment party. But there's no guarantee Democrats won't one day try something similar. Were a Republican President and Congress to make a genuine effort to rein in entitlement spending, Democrats might act in much the same way McConnell and company are acting now. At its core, vicious-circle politics isn't an assault on liberal solutions to hard problems; it's an assault on any solutions to hard problems. It's no surprise that Democrats couldn...

Author: /time Magazine | Title: Why Washington Is Tied Up in Knots | 2/18/2010 | See Source »

...premiums paying claims, a threshold that's lower, for example, than those in Washington, New York and New Jersey. California is also what's known as a "file and use state," meaning insurers can increase rates in the individual market without state approval. The state can later act to rein in rates or revoke an insurer's license, but this rarely happens. Most states, on the other hand, are "prior approval states," in which insurers need state permission to increase rates in the market. (See the top 10 jarring health care reform...

Author: /time Magazine | Title: A Big Insurance-Rate Jump in California: Will It Stick? | 2/18/2010 | See Source »

...rein in Fallon’s finances, Schultz raised premiums, cut administrative costs, severed select provider contracts, and retreated from underperforming markets, according to the article...

Author: By Tyler G. Hale, CONTRIBUTING WRITER | Title: Schultz to Lead Harvard Pilgrim Health Care | 2/17/2010 | See Source »

...employment lawyers and pay experts say more needs to be done to rein in Wall Street compensation. In practice, it is often hard to get employees to return pay. Moves to limit clawbacks only to deferred compensation (money that is earned but not paid out until a specified future date), which is the easiest to recover, may actually increase risky behavior. What's more, clawbacks vary widely from firm to firm. Some provisions only cover top executives; other firms exclude top executives from the plans...

Author: /time Magazine | Title: Can Financial Firms Get Executives to Give Back Pay? | 1/27/2010 | See Source »

...Unnamed isn't a grim novel, exactly, but it's grim-ish. Only rarely does Ferris show the nice touch with a comic digression that he gave free rein to in Then We Came to the End. (Though there is a one-off about a man named Lev with a sexual fetish involving exotic snakes, which I choose to accept as an hommage ŕ moi.) It's as if Ferris is testing his range to make sure the bass end is there as well as the comic treble. It's present and accounted for and suitably rich and profound...

Author: /time Magazine | Title: Walking the Line | 1/25/2010 | See Source »

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