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...there for a few weeks. The entire world ends up being a loser for that. The essential problem is that networks have found they can send a reporter to a place like Congo, but it's dangerous and expensive and doesn't get good ratings. If they throw a Republican and a Democrat in a room together to yell at each other, it's cheap and entertaining. We have to fight for the resources to get out and report so we can add things to the pot, not just stir up the pot. (See 25 people who mattered...

Author: /time Magazine | Title: Columnist Nicholas Kristof | 2/17/2010 | See Source »

Schultz, 50, will replace Charles D. Baker, who recently stepped down in July to launch a bid for the Republican Party’s nomination for governor, Harvard Pilgrim’s board of directors announced Thursday...

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

These are all valid criticisms, but they fail to capture the real source of Americans’ frustration. Whatever the bad rap on Obama and the Democrats, were it not for the filibuster and lock-step Republican opposition, the President would have emerged from his first year in office with three—if not more—major legislative victories. The major disability of American democracy is not Democratic fecklessness so much as the pervasive and intensifying feeling that our legislative process is broken. Yet, in spite of the swelling public exasperation with a plainly dysfunctional system, there...

Author: By Clay A. Dumas | Title: Tyranny of the Minority | 2/17/2010 | See Source »

...Wall Street is lobbying furiously to try to block the CFPA, and Republican congressional leaders have denounced the idea as big-government overreach that would harm consumers by stifling innovation - especially if bank basher (and TARP watchdog) Elizabeth Warren, the intellectual godmother of the agency, gets to run it. Some finance-friendly Democrats have been resistant as well. The new agency was included in the financial reforms the House of Representatives passed along party lines in December, but it has been a stumbling block as the Senate has struggled to put together a bipartisan bill, and even the House version...

Author: /time Magazine | Title: The Case for a Consumer Financial Protection Agency | 2/17/2010 | See Source »

...Senator Christopher Dodd, the Democratic chairman of the Senate Banking Committee, recently broke off negotiations with Senator Richard Shelby, the ranking Republican, a politician so committed to bipartisanship that he placed a hold on all Obama Administration appointees to extract some pork for Alabama. Now Dodd is trying to negotiate with Senator Bob Corker of Tennessee, who said in a recent interview that he truly believes an agreement is possible. But in that same interview, Corker described some modest Administration proposals - like giving consumers the option of a simple "plain-vanilla" mortgage - as "way, way out in left field...

Author: /time Magazine | Title: The Case for a Consumer Financial Protection Agency | 2/17/2010 | See Source »

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