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...bill passed, and Thursday's reception in the House shows he has a rough road ahead. The committee's ranking Republican Spencer Bachus of Alabama attacked the bill for a lack of transparency, saying he opposed plans to keep secret which banks were subject to the new powers sought by the Administration. A top committee Democrat, Paul Kanjorski of Pennsylvania, said he feared the bill's accumulation of executive-branch power. Regulators are also sniping. At Thursday's hearing in the House, Federal Deposit Insurance Corporation chair Sheila Bair said the Administration's plan didn't give enough power...

Author: /time Magazine | Title: Geithner Leads a Fresh Charge on Financial Reform | 10/30/2009 | See Source »

...says Economics professor Stephen A. Marglin ’59, there is another option: Social Analysis 72, an introductory look at the subject that dares to question what has become a religion for some. It’s a course that opposes the political bent of noted Ec 10 leader and former advisor to George W. Bush N. Gregory Mankiw. It’s a course with its own dissident history that, Marglin says, is as relevant as ever given the current economic climate. To some, it toes a Marxist line. But for Marglin and his followers it?...

Author: By Noah S. Rayman, CRIMSON STAFF WRITER | Title: A Tale of Two Ec Classes | 10/29/2009 | See Source »

...Tehran's goal is to develop the full nuclear-energy fuel cycle, which includes enriching uranium. While legitimate under the NPT as long as it is subject to IAEA monitoring, such a program would nonetheless give Iran the capacity to move relatively quickly to build a bomb, which is why Western leaders have argued that Iran can't be trusted to maintain an enrichment capability even as part of its nuclear-energy program. (See a graphic of the nuclear-armed world...

Author: /time Magazine | Title: Behind Iran's Response on the Nuclear Deal | 10/29/2009 | See Source »

...states are subject to inertial forces too. Passing a bill is always a lot harder than not passing a bill. There can be procedural roadblocks, financial roadblocks, legal roadblocks and political roadblocks. History has shown that states can be as dumb, lazy and conformist as the people who live in them, regardless of their real or perceived interests. Politics is often an unpredictable business. You think you know what's going to happen, but then there's a surprising poll, a crucial indictment, a backroom deal...

Author: /time Magazine | Title: The Public Option: Let's Not Opt Out and Say We Did | 10/27/2009 | See Source »

...should know where he is, but I can't help you because I don't," Omar said by phone from a Middle Eastern country he refused to name either for fear of his safety or residency status. He has technically been reinstated as a Saudi subject...

Author: /time Magazine | Title: Growing Up bin Laden: Osama's Son Speaks | 10/27/2009 | See Source »

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