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...says Kevin Flynn, a New York-based stand-up who has a couple of Obama jokes in his repertoire but, like a lot of his colleagues, is still feeling his way along with the change in Administrations. But he doesn't think there's cause for alarm. "The first six months of Bill Clinton - and George Bush too - nothing much happened that could be made fun of. Everybody is waiting for Obama to do something or for the winds to change. It hasn't happened...

Author: /time Magazine | Title: Comedy in the Obama Age: The Joking Gets Hard | 8/31/2009 | See Source »

Ramesh Ponnuru makes the case that President Barack Obama's health-care plan might fail because it is filled with contradictions [Aug. 17]. It may not be perfect, but it is a program most Americans support. Six times since 1948, we have elected Presidents who were committed, at least on paper, to the principle of universal health care. I think we have failed our system, not the other way around. We send people to Washington to do our work. Sadly, they don't provide us with the results we want. Instead, lobbyists for health-related corporations get what they want...

Author: /time Magazine | Title: Inbox | 8/31/2009 | See Source »

Lloyd Blankfein, the 54-year-old chairman and CEO of Goldman Sachs, is powerfully perplexed. In the past six months, his investment-banking and securities-trading firm has roared ahead in profitability by taking risks - that other firms would not - for itself and its clients in an edgy market. It has paid back the billions of dollars, and then some, of taxpayer money the government forced it to take last October; raised billions of dollars in capital from private investors, including $5 billion from Warren Buffett; and urged its cadre of well-paid and high-performing executives to show some...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...profit motive. And without question, Goldman Sachs under Blankfein has recalibrated, in very large numbers, its place as Wall Street's most astute, most opaque and most influential firm. In the first and second quarters of 2009, the company earned $5.3 billion in net income, the most profitable six-month stretch in Goldman's history. Goldman's stock has more than tripled since its low last November, to more than $160 per share...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

More startling is the misguided attempt to move past the violence and push for a bipartisan health-care bill: the misdeeds and misfires of the so-called “Gang of Six.” Although an effort at bipartisanship is both necessary and appropriate, the Gang of Six is less likely to craft consensus than hamstring effective reform...

Author: By Raúl A. Carrillo | Title: It’s High Noon in America | 8/31/2009 | See Source »

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