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...mortgage-agency securities, and the trillion-and-a-half-dollar check that's been written over the past nine to 12 months basically disappears. It's significant from the standpoint of interest rates and interest-rate spreads in certain sectors. And I would even go so far as to say it might be a mistake. (See the best business deals...

Author: /time Magazine | Title: Pimco's Bill Gross Sees 2010 as Year of Reckoning | 1/5/2010 | See Source »

Needless to say, Harvard is a much different place these days, when the only things our professors give us are lower participation grades and holier-than-thou frowns when our cell phones go off in class. Sigh...

Author: By James K. Mcauley, CRIMSON STAFF WRITER | Title: Harvard, LSD, and the 1960s | 1/5/2010 | See Source »

...every reason to believe that someone was going to bring this case in any event - without the resources or experience that we can assemble. The State Attorney General has now conceded the unconstitutionality of Prop 8. Finally, no one urging us not to proceed could or would say when would be a good time to bring this case." (Watch TIME's video "Gay Marriage in the Heartland...

Author: /time Magazine | Title: A Gay-Marriage Lawsuit Dares to Make Its Case | 1/5/2010 | See Source »

...whether banning gay marriage achieves a legitimate government interest - and defenders of Prop 8 included more than a dozen such goals in a preview of their case filed last month. They argue that allowing same-sex marriage would weaken society and erode support for traditional marriage. They also say that it could lead to greater acceptability, and eventually legal recognition, of polygamy and marginalize the role of biological parents...

Author: /time Magazine | Title: A Gay-Marriage Lawsuit Dares to Make Its Case | 1/5/2010 | See Source »

Defenders of Prop 8 say that laws reserving marriage for heterosexual couples don't discriminate against gays - instead they say they simply emphasize the meaning that the word marriage has had throughout history, a meaning they say wasn't seriously questioned until the past 10 years. "Save for a few brief months between the California Supreme Court's decision ... and the adoption of Proposition 8, California has from its inception always limited marriage to the union of a man and a woman," wrote Charles Cooper, who served in the Reagan Administration's Justice Department with Olson, in his trial brief...

Author: /time Magazine | Title: A Gay-Marriage Lawsuit Dares to Make Its Case | 1/5/2010 | See Source »

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