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...independent consumer agency isn't the most vital provision for preventing another meltdown, but it's the most vital provision for persuading ordinary families that reform is about them. And along with significantly less vital provisions that would help shareholders rein in executive pay, it's the starkest way to make the case that opposing reform means doing the bidding of Wall Street. Sure, disputes over systemic risk, clearinghouses for derivatives, resolution authority for failing firms and proprietary trading are all important, but they're not going to move the masses. (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: Why the Dems Need to Hang Tough on Financial Reform | 3/13/2010 | See Source »

What Mulligan has that makes her stand out from other professional beguilers is a warm gaze with laser intensity, and the gift of thought transference: the viewer always knows what's going on inside her characters. She doesn't turn on the starkest emotions but finds them within her. When she gets the news of her brother's disappearance in My Son Jack, her devastation is both extravagant and acute; too much seems exactly the right amount. Her Nina in The Seagull wore emotions so raw that Mulligan was in a sluice of tears for nearly the entire evening...

Author: /time Magazine | Title: Carey Mulligan in An Education: A Star Is Born | 10/9/2009 | See Source »

...starkest example of the problems with the analysis is the time horizon. When the EPA studied a reasonable 30-year time period, even with its generous assumptions, soy biodiesel and corn-ethanol plants powered by coal or natural gas actually produced more emissions than gasoline; corn ethanol only passed the stress test (and just barely) when powered by the cleanest possible power. And that analysis assumed it's a good trade-off to accept massive emissions today in exchange for reductions over 30 years, when in fact massive emissions today could help trigger devastating ice melts and other feedback loops...

Author: /time Magazine | Title: Stress-Testing Biofuels: How the Game Was Rigged | 5/12/2009 | See Source »

Ever since Rod Blagojevich was roused out of bed one cold December morning, federal prosecutors have done their best to portray their colorful corruption case against the now former Illinois governor in the starkest possible terms. Normally tight-lipped U.S. Attorney Patrick Fitzgerald declared that Blagojevich, who was caught on tape allegedly trying to sell Barack Obama's Senate seat, had embarked on a "political corruption crime spree [that would] make Lincoln roll over in his grave." When the actual indictment came down April 2, the government was much more low-key, with no accompanying press conference or statement...

Author: /time Magazine | Title: As Blagojevich Pleads Not Guilty, Some Prosecution Moves Are Questioned | 4/14/2009 | See Source »

...starkest differences have been over the stimulus plan. In early January, Obama said he would like to see as much of 40% of the stimulus bill be comprised of tax cuts. Pelosi didn't agree, ultimately delivering legislation with just a third in tax cuts. When House Republicans objected to two provisions in the bill - one providing Medicaid family-planning aid to states, and another funding restoration of the National Mall - Obama quickly asked to have the offending items removed. Around the same time, he traveled to the Hill to reach out to and commiserate with the House...

Author: /time Magazine | Title: Obama vs. Pelosi: Can the President Work with the Democrats? | 2/4/2009 | See Source »

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